OTC Topical Drugs Market: SWOT Analysis of Top Key Player & Forecasts To 2025

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Topical drugs are used for the application where body surfaces such as the skin or mucous membranes to treat ailments. OTC Topical drugs are epicutaneous medication that are applied in the skin directly. The large range of classes included in the topical drugs are creams, foams, gels, lotions and ointments. The advantage of reduced side effects to the other organ. Disadvantage of topical formulation is that it is time consuming, complicated and uncomfortable sometimes. Topical drug formulation are made up in a vehicle or base which is made specific to the site of the body or type of skin. The amount of ingredients observed in the skin totally depends upon type of skin. The different type of formulation of OTC topical drugs includes lotions, creams, ointment, gel, paste etc. Lotions that are usually thicker than a solution and contains oil and water or alcohol.

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North America will continue to dominate the OTC Topical drugs due to better healthcare facilities and increased cases of skin diseases. Europe and APAC is expected to hold large market share in global OTC Topical drugs. The increasing focus towards better healthcare system and the increasing geriatric population in APAC region is expected to grow the OTC Topical drugs market in this region.
In 2018, the global OTC Topical Drugs market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.

This report focuses on the global OTC Topical Drugs status, future forecast, growth opportunity, key market and key players. The study objectives are to present the OTC Topical Drugs development in United States, Europe and China.

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The key players covered in this study
Pfizer
Novartis
GlaxoSmithKline
Sanofi
Johnson & Johnson
Merck
Roche
Bayer
Abbott
Teva Pharmaceutical

Market segment by Type, the product can be split into
Solid Dosage Forms
Liquid Dosage Forms
Semi Solid Dosage Forms

Market segment by Application, split into
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

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