Press release
Over the Counter (OTC) Drugs Market (COVID - 19 Updates) 2020 to See Stunning Growth Worldwide, Leading Players - Johnson & Johnson, Dr. Reddy’s Laboratories, Sanofi, Bayer AG, Novartis AG, Pfizer, Mylan
Over the Counter (OTC) Drugs Market
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Analysis and discussion of major industry trends, market size, sales volume, and market share is described well in the Over the Counter (OTC) Drugs Market report. This report highlights company profile, product specifications, capacity, production value, and market shares for each company for the forecast period. In addition, the data and information have been taken from the reliable sources and include websites, annual reports of the companies, journals, and mergers which is again checked and validated by the market experts. Information and data presented in this Over the Counter (OTC) Drugs Market report can be very important for Healthcare industry when it comes to dominate the market or generate a mark in the market as a new emergent.
Market Analysis: Global Over the Counter (OTC) Drugs Market
Global over the counter (OTC) drugs market is rising gradually with a substantial CAGR of 8.7% in the forecast period of 2019-2026. Adoption of OTC drugs by many pharmaceutical companies and usage by general people over prescription drugs brings a great opportunity to the market growth.
Key Market Players:
Few of the major competitors currently working in the global over the counter (OTC) drugs market are Johnson & Johnson Services, Inc., Dr. Reddy’s Laboratories Ltd., Takeda Pharmaceutical Company Limited, Sanofi, F. Hoffmann-La Roche Ltd, Bayer AG, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc., Novartis AG, Sun Pharmaceutical Industries Ltd., Alkem Labs, Reckitt Benckiser Group plc., Piramal Enterprises Ltd., , Cipla, Pfizer Inc., Procter & Gamble, Perrigo Company plc, Mylan N.V., DAIICHI SANKYO COMPANY, LIMITED among others.
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Market Definition: Global Over the Counter (OTC) Drugs Market
Over The Counter (OTC) drugs are medications that can be taken without the consultation from healthcare professionals by the general public based on the safety and efficacy of the drugs. Some examples of OTC drugs are acetaminophen (paracetamol) and ibuprofen for pain relief, dextromethorphan and cough suppressants. These drugs are safe and effective and are used for the treatment of conditions that do not require the direct consultation of any doctor. OTC drugs are available in all pharmacies and others places such as grocery stores and gas stations.
According to the Consumer Healthcare Products Association, the use of OTCs has given rise to the allergy sufferers from 66% (2009) to 75% (2015). An estimated to 81% of adults prefer to use OTC medications as primary option for minor diseases and conditions.
Segmentation: Global Over the Counter (OTC) Drugs Market
Over the Counter (OTC) Drugs Market : By Products Type
Analgesics
Cold, Cough & Flu Products
Gastrointestinal Products
Ophthalmic Products
Dermatology Products
Others
Over the Counter (OTC) Drugs Market : By End Users
Hospitals
Homecare
Specialty Clinics
Others
Over the Counter (OTC) Drugs Market : By Distribution Channels
Hospital Pharmacy
Online Pharmacy
Retail Pharmacy
Others
Over the Counter (OTC) Drugs Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
The report on Over the Counter (OTC) Drugs market covers exhaustive analysis on:-
• Market Segments
• Market Dynamics
• Historical Actual Market Size
• Market Size & Forecast
• Supply & Demand Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Market Drivers and Restraints
Over the Counter (OTC) Drugs Market Reports - Table of Contents
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary: Global Over the Counter (OTC) Drugs Market
4. Market Overview
5. Key Insights
6. Global Over the Counter (OTC) Drugs Market Analysis and Forecast, By Product
7. Global Over the Counter (OTC) Drugs Market Analysis and Forecast, By Detector
8. Global Over the Counter (OTC) Drugs Market Analysis and Forecast, By Technology
9. Global Over the Counter (OTC) Drugs Market Analysis and Forecast, By Application
10. Global Over the Counter (OTC) Drugs Market Analysis and Forecast, By End-user
11. Global Over the Counter (OTC) Drugs Market Analysis and Forecast, By Region
12. North America Over the Counter (OTC) Drugs Market Analysis and Forecast
13. Europe Over the Counter (OTC) Drugs Market Analysis and Forecast
14. Asia Pacific Over the Counter (OTC) Drugs Market Analysis and Forecast
15. Latin America Over the Counter (OTC) Drugs Market Analysis and Forecast
16. Middle East & Africa Over the Counter (OTC) Drugs Market Analysis and Forecast
17. Competitive Landscape
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