Global Over the Counter Drugs Market is anticipated to shoot off by the end of 2022 :Top Keyplayers are Bayer ,BoehringerIngelheim ,GSK ,Novartis ,Pfizer ,PGT healthcare ,Sanofi ,Johnson and Johnson

Description

Over the counter drugs are the ones which can be taken without prescription. This market deals with the products like analgesics, cough, cold and flu products, dermatological products, gastrointestinal products, vitamins, minerals, weight loss products, sleep aids, ophthalmic products, smoking cession aids and other products. The global market for these drugs is valued at XX. Keeping in mind the historical trends the global market is expected to grow at XX over the forecast period.

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Market Dynamics

The ease of availability of these drugs is a major factor which drives the growth of the market. The increasing awareness regarding the use of such drugs to cure minor medical issues, their low price, the affordability of such drugs stokes the growth of the market.

However, the high possibility of substance abuse is a challenging issue. Lack of awareness in the people from the rural areas in the under-developed and developing nations is a major setback to the growth of the market. Also, incorrect dosage of drugs can lead to other major side effects.

Market Segmentation

The Global over the counter drugs market is segmented on the basis of type of product and geography.
On the basis of product type, the market is partitioned into the following:
Analgesics & pain relievers
Cough, cold and flu products
Dermatological products
Vitamin supplements
Mineral supplements
Gastrointestinal products
Sleep aids
Weight loss products
Smoking cession aids
Ophthalmic products

Analgesics & pain relievers, cough, cold and flu products, vitamin supplements, dermatological products, and mineral supplements have a major chink of the market share. With the increasing awareness with regard to leading a healthy lifestyle, the sales of smoking cession aids, and weight loss products has been on the rise. Also, with the busy lifestyle, people often resort to vitamin supplements to cater to the health needs.
On the basis of geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

Geographical Analysis

North America leads the market on the grounds of revenue, followed by Europe. USA, Germany, France, China and Japan contribute more than 50 per cent of the market. This lead can be attributed to the awareness of people regarding the cure of minor health problems. The Asia Pacific region is expected to grow at a high rate because of more and more investment in the healthcare sector by various governments in the region. Also, large population is a major factor that stimulates the growth of this market. According to the report, the US market's growth rate is likely to decline in the coming years.

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Key Players

Some of the key players in the market are:
Bayer
BoehringerIngelheim
GSK
Novartis
Pfizer
PGT healthcare
Sanofi
Johnson and Johnson

Report ContentsRegional AnalysisReport Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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