Will the Global OTC Analgesics Market grow by the end of 2022 :Top keyplayers are Bayer, Johnson & Johnson, BoehringerIngelheim, Sun Pharma, Sanofi, Novartis, Reckitt Benckiser, GlaxoSmithKline PLC,Sunovion Pharmaceuticals, Pfizer and Takeda Pharma

Description

OTC Analgesics are over-the-counter pain medications which can be purchased without a prescription. They are mainly used for the treatment of headaches, fever, colds, flu, toothaches, arthritis, musculoskeletal injuries and disorders, and menstrual cramps. Basically, there are two major groups of analgesics available for purchase over-the-counter:

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Acetaminophen: Acetaminophen, also known as Tylenol is the most commonly used pain medications. Although it is very effective at reducing fevers and headache, it does not reduce inflammation.

Non-steroidal Anti-Inflammatory Drugs: Commonly referred by acronym NSAIDs, it is mainly of three types:
Aspirin
Ibuprofen
Naproxen

They are more effective than Acetaminophen, as along with reducing pain and fever these drugs also work to decrease inflammation

Market Dynamics

The sale of OTC Analgesics accounts for a sizeable percentage of the overall pharmaceutical sales. The increasing investments in the R&D by the public and private sector with key emphasis on the classes of compounds for formulating new therapeutics is one of the major factor behind the growth of the global OTC Analgesics market.

Other factors driving the market are convenience of direct purchase and increasing awareness regarding the medications required for minor health issues. Driven by an aging population and an increase in ailments such as cardiovascular disease and obesity, the analgesics market is predicted to grow steadily over the coming years. However the increase in drug abuse and the growing concern regarding the side effects of these drugs are likely to restrain the growth of the global analgesics market.

Market Segmentation

Segmentation of the OTC Analgesics market can be done on the basis of drug type and geography. According to the drug type the market is segmented into non-opioids and opioids.Opioids are narcotic drugs which does not have anti-inflammatory effect. Non-Opioids have anti-inflammatory effect used for gastric irritation, bleeding problems and renal toxicity.

Regional/Geographic Analysis

The Global OTC Analgesics Market has been segmented in terms of region into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In terms of revenue, North America is expected to hold the largest share of the market, and will remain dominant in the global market over the forecasted period. The main countries with major growth in OTC Analgesics market are United States, Germany, United Kingdom, Japan, Australia, Brazil, Canada South Korea and China.

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Key Players

Some of the major players in the global OTC Analgesics Market include Bayer, Johnson & Johnson, BoehringerIngelheim, Sun Pharma, Sanofi, Novartis, Reckitt Benckiser, GlaxoSmithKline PLC,Sunovion Pharmaceuticals, Pfizer and Takeda Pharma.

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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