(EMAILWIRE.COM, April 14, 2018 ) OTC drugs market in Middle East and Africa has been estimated at USD 4,448.4 Million in 2016 and is projected to reach USD 6,689.7 Million by 2022, at a CAGR of 6.88% during the forecast period from 2016 to 2022. Over the counter(OTC) capsules are the safe and effective pills, which can be sold at the pharmacies and neighborhood shops, over-the-counter, with out health practitioner’s prescription. These tablets are used for commonplace ailments. Easy accessibility, low value, convenience, consumer-empowering characteristics are the advantages of OTC drugs.
The healthcare state of affairs in Africa is making improvements to up with many overseas collaborators becoming a member of the African international locations. Along with that, public are also resorting to lower-priced options due to elevating expenses in healthcare. Due to the low according to-capita income in majority of the nations in Africa, the OTC capsules are added to people at decrease charges, consequently, looking to extend the purchaser base. These are a number of the drivers that shoot up the market boom. However, the market growth is improperly hindered due to the issue of drug substance abuse and lack of knowledge in below-developed areas.

The African market is segmented based on product and geographically. The product market basically caters medicines inside the classes like analgesics, cough, cold and flu products, dermatological merchandise, gastrointestinal merchandise, vitamins, minerals, weight loss products, sleep aids, ophthalmic merchandise, smoking cession aids and other products.

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Africa is a newly rising market inside the subject of OTC capsules, as most of the African international locations are under-advanced. Amongst the growing countries, South Africa is stated to be the leading contributor to the African market. The principal trouble triumphing inside the African marketplace is drug substance abuse. Codeine used in Broncleer cough syrup is banned in South Africa, as it's miles considered to be the maximum abused OTC drug.

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GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda are the leading businesses that make a contribution to the marketplace.

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