Factors Driving Over-the-Counter (OTC) Drugs Market Growth in A Comprehensive Analysis | AbbVie Inc. Alfresa Pharma Corporation Bayer AG Dr.Reddy's Laboratories GlaxoSmithKline Plc

Astute Analytica's recently published report on the over-the-counter (OTC) drugs market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.

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The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.

The global over-the-counter (OTC) drugs market is expected to experience significant growth, with revenue projected to rise from US$ 1,29,963.03 Mn in 2022 to US$ 2,38,453.92 Mn by 2031, registering a CAGR of 7.0% during the forecast period. The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market. The paper discusses kinds and applications based on various nations and important locations. The market's most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.

Leading Companies

AbbVie Inc.
Alfresa Pharma Corporation
Bayer AG
Dr.Reddy's Laboratories
GlaxoSmithKline Plc
Glenmark Pharmaceutical Products Ltd.
Johnson & Johnson
Merck & Co Inc.
Novartis AG
Perrigo Company Plc.
Pfizer
Reckitt Benckiser Group Plc.
Sun Pharmaceutical Industries Ltd.
Teva Pharmaceutical Industries Ltd.
Other Prominent Players
We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.

The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We'll discuss the predicted growth of the market in this region between 2021 and 2031.

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Segmentation Overview

The following are the various segments of the Global Over the Counter (OTC) Drugs Market:

By Product Type segment of the Global Over the Counter (OTC) Drugs Market is sub-segmented into:

Cough, Cold, and Influenza
Analgesics
Dermatology Products
Gastrointestinal Products
Vitamins, Minerals, and Supplements (VMS)
Weight-Loss/Dietary Products
Ophthalmic Products
Sleeping Aids
Others
By Mode of Intake segment of the Global Over the Counter (OTC) Drugs Market is sub-segmented into:

Topical
Oral
Parenteral
By Distribution Channel segment of the Global Over the Counter (OTC) Drugs Market is sub-segmented into:

Hospital Pharmacies
Retail Pharmacies
Online Pharmacy
By Region segment of the Global Over the Counter (OTC) Drugs Market is sub-segmented into:

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
South Korea
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Argentina
Brazil
Rest of South America

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This release was published on openPR.