Cold & Allergy Medicine Quantitative Market Analysis, Current And Future Trends

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Cold & Allergy Medicine market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Cold & Allergy Medicine

The report offers actionable and valuable market insights of Cold & Allergy Medicine. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Cold & Allergy Medicine Market across various industries and regions.

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This newly published and insightful report sheds light on Market Insights of Cold & Allergy Medicine, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Cold & Allergy Medicine Market.

The scope of Fact.MR’s report is to analyze the global OTC cough, cold, and allergy medicines market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.

OTC cough, cold, and allergy medicine manufacturers, suppliers, and stakeholders in the global market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading magazines and journals pertaining to health and wellness.

Summary
The report commences with brief information on the global OTC cough, cold, and allergy medicines market. This executive summary sets the tone for the rest of the report, providing users the scope of the report.

The executive summary includes important facts and statistics on the global OTC cough, cold and allergy medicines market.

Overview
The next section offers an overview of the global OTC cough, cold and allergy medicines market. This comprises an introduction to the market, along with a standard definition of OTC cough, cold, and allergy medicines.

In this section, market value and year-over-year growth are offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

A large number of people across the globe purchase OTC (over-the-counter) medicines for treating minor cough, cold or allergy related problems rather visiting the doctor. This has been a major reason behind the incessant sales of OTC cough, cold and allergy drugs.

Many of the medicines for cold, cough and allergy fall under common categories of OTC. In order to ensure customer safety, healthcare regulatory bodies in some countries have even set guidelines for selling or purchasing of such medicines. Moreover, the busy lifestyle of a modern consumer make such medicines more important as consulting a doctor for every single health issue might consume a hefty amount of time.

Factors as such are playing a crucial role in further boosting the demand for OTC cough, cold and allergy medicines. In addition, growing number of immunosuppressed patients and expanding global geriatric population is anticipated to drive the growth of the market. Fact.MR’s recently published report reveals that the global OTC cough, cold and allergy medicine market is set to witness 4.9% between 2017 and 2022. This market is estimated to stand at around US$ 37,323 Mn towards the end of the forecast period.

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Following insights from Fact.MR’s global OTC cough, cold and allergy market will be important for market’s future growth

The OTC cough, cold and allergy medicines market in Asia Pacific excluding Japan (APEJ) is anticipated to remain highly attractive throughout the assessment period. In 2017 and beyond, the region is projected to command for a noteworthy revenue share of the global market. This is primarily owing to dropping air quality and increase pollution that is resulting in higher occurrence of respiratory ailments. In addition, rapid adoption of OTC medicines owing to their convenience of purchase and cost-efficiency is facilitating the growth of the market in the region.

On the basis of drug type, antihistamine is anticipated to command for over one-third revenues share of the market by the end of 2017. Antihistamines drugs help in restricting the histamine release from histamine-1 receptors, moreover these drugs can effectively treat watery eyes or runny nose, inflammation (redness), sneezing and swelling (edema).

By OCT channel, pharmacies will continue to be the top OCT channel for sales of allergy, cold and cough drugs between 2017 and 2022. During the same time, the drug store segment is projected to retain its second spot.
Based on dosage, the tablet segment is projected to command for a significant share of the market in terms of revenue and is likely to reach a valuation of nearly US$ 12,425 Mn over 2022.

Competition Tracking
Fact.MR has profiled some of the key players in its report, which include Allergen, Bristol-Myers Squib Co., Prestige Brands Holdings, Inc., Pfizer Inc., GlaxoSmithKline Plc., Reckitt Benckiser Group Plc., AstraZaneca Plc., Johnson & Johnson Service, Inc., Procter & Gamble Co., Sanofi-Aventis, Novartis AG, Merck & Co., and Sun Pharmaceutical Industries Ltd. Many of these companies are concentrating on improving the product efficiency in order to increase their market presence.

Market Taxonomy
Drug Type
Antihistamine
Expectorants
Bronchodialators
Antibiotics
Others
OTC Channelt
Pharmacy
Drug Store
Modern Trade
Online
Other OTC Forma
Dosage
Liquid
Capsule
Tablet
Lozenges

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More Valuable Insights on Cold & Allergy Medicine Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Cold & Allergy Medicine, Sales and Demand of Cold & Allergy Medicine, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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