Over-The-Counter (OTC) Drugs Market Share 2022: Global Trends, Key Players, Industry Analysis Report to 2028
The Over-The-Counter (OTC) Drugs Market size is expected to grow at an annual average of 6% during 2022-2028. Over-the-counter drugs, also called over-the-counter drugs, are drugs that can be purchased without a prescription. These drugs are safe and effective when consumers follow the directions on the label or use them as provided by their doctor. Over-the-counter (OTC) drugs are primarily used to treat conditions that do not require direct consultation with a doctor. OTC drugs are safe and well tolerated. They help provide affordable care and reduce the workload for doctors. OTC pharmaceuticals help pharmaceutical companies build a diversified product portfolio for their health care business and help consumer goods companies expand their product range for consumer brands. OTC drugs are readily available at pharmacies. Therefore, some of these drugs have restrictions in the United States. This restricted drug class includes emergency contraceptives, pseudoephedrine, and some Schedule V controlled drugs. These products are considered OTC. However, it is not stored directly at the pharmacy counter and must be dispensed by a pharmacist after confirming the age, identity, and knowledge of the patient’s use of the product.
The following segmentation are covered in this report:
By Distribution Channels
- Drug Stores & Retail Pharmacies
- Hospital Pharmacies
- Online Pharmacies
By Product
- Analgesics
- Cold, Cough & Flu Products
- Weight Loss Products
- Gastrointestinal Products
- Skin Products
- Mineral And Vitamin Supplements
- Sleeping Aids
- Ophthalmic Products
- Others
Company Profile
- Johnson & Johnson Services Inc. (New Jersey, US)
- Bayer AG (Leverkusen, Germany)
- Novartis AG (Basel, Switzerland)
- Sanofi S.A (Paris, France)
- Pfizer (New York, US)
- GlaxoSmithKline Plc (Brentford, UK)
- Boehringer Ingelheim International GmbH (Ingelheim, Germany)
- Reckitt Benckiser Group PLC (Slough, UK)
- Takeda Pharmaceutical Company Ltd (Tokyo, Japan)
Scope of the report
The research study analyses the Over-The-Counter (OTC) Drugs Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
Geographic coverage
- North america market size and/or volume
- Latin america market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Over-The-Counter (OTC) Drugs Market Report
- What was the Over-The-Counter(OTC) Drugs Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
- What will be the CAGR of Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Over-The-Counter (OTC) Drugs Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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