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Over The Counter (OTC) Drugs Market May See a Big Move |Pfizer, Roche Holding AG, Johnson & Johnson, Gilead Sciences

08-14-2023 10:03 PM CET | Health & Medicine

Press release from: AMA Research & Media LLP

Over The Counter (OTC) Drugs Market

Over The Counter (OTC) Drugs Market

Advance Market Analytics added research publication document on Worldwide Over The Counter (OTC) Drugs Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Worldwide Over The Counter (OTC) Drugs market. The study provides valuable market size data for historical (Volume** & Value) from 2018 to 2023 which is estimated and forecasted till 2028*. Some are the key & emerging players that are part of coverage and have being profiled are Pfizer Inc. (United States), Novartis International AG (Switzerland), Roche Holding AG (Switzerland), Merck & Co., Inc. (United States), Sanofi S.A (France), Johnson & Johnson (United States), Gilead Sciences, Inc. (United States), GlaxoSmithKline plc. (United Kingdom), Bayer Healthcare AG (Germany), AstraZeneca plc. (United Kingdom).

Get free access to Sample Report in PDF Version along with Graphs and Figures @ https://www.advancemarketanalytics.com/sample-report/98752-global-over-the-counter-otc-drugs-market#utm_source=OpenPR/Rahul

Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a prescription from a healthcare professional that are safe for use by the general public. OTC drugs are regulated according to their active pharmaceutical ingredient rather than final products. These medications are used to treat a variety of symptoms due to illness including pain, coughs and colds, diarrhea, heartburn, constipation, acne and others. In many countries, over-the-counter drugs are available in establishments without pharmacy such as supermarkets, general stores and gas stations.

On 27th March 2018, GlaxoSmithKline plc has announced that it has reached an agreement with Novartis for the buyout of Novartis’ 36.5% stake in their Consumer Healthcare Joint Venture for $13 billion.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Over The Counter (OTC) Drugs Market various segments and emerging territory.

Influencing Market Trend
• Growing Trend of Purchasing OTC Drugs for Seasonal Diseases
Market Drivers
• Increased Awareness Related To General Health Concerns
• Growing Number of Regulatory Approvals
• Increase in Healthcare Expenditure
Opportunities:
• Growing Geriatric Population Worldwide
• Increasing Number of Pharmacy Stores
• Growth in the Pharmaceutical Industry in Developing Countries
Challenges:
• Stringent Government Rules and Regulations in Some Regions

Analysis by Type (Analgesics, Dermatology Products, Gastrointestinal Products, Vitamins, Mineral, and Supplements (VMS), Weight Loss/Dietary Products, Ophthalmic Products, Sleeping Aids, Others), Distribution Chanel (Pharmacies, Grocery Stores, Vitamin and Health Food Stores, Online Pharmacy, Others), Form (Tablets, Hard Capsules, Powders, Ointments, Soft Capsules, Liquids, Others)

Competitive landscape highlighting important parameters that players are gaining along with the Market Development/evolution
• % Market Share, Segment Revenue, Swot Analysis for each profiled company [Pfizer Inc. (United States), Novartis International AG (Switzerland), Roche Holding AG (Switzerland), Merck & Co., Inc. (United States), Sanofi S.A (France), Johnson & Johnson (United States), Gilead Sciences, Inc. (United States), GlaxoSmithKline plc. (United Kingdom), Bayer Healthcare AG (Germany), AstraZeneca plc. (United Kingdom)]
• Business overview and Product/Service classification
• Product/Service Matrix [Players by Product/Service comparative analysis]
• Recent Developments (Technology advancement, Product Launch or Expansion plan, Manufacturing and R&D etc)
• Consumption, Capacity & Production by Players

Have Any Questions Regarding Global Over The Counter (OTC) Drugs Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/98752-global-over-the-counter-otc-drugs-market#utm_source=OpenPR/Rahul

The regional analysis of Global Over The Counter (OTC) Drugs Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2023-2028.

“In the United States, the manufacture and sale of OTC substances are regulated by the Food and Drug Administration. The FDA requires that all "new drugs" obtain a New Drug Application (NDA) before entering interstate commerce, but the act exempts any d

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/98752-global-over-the-counter-otc-drugs-market#utm_source=OpenPR/Rahul

Highlights of the Report
• The future prospects of the global Over The Counter (OTC) Drugs market during the forecast period 2023-2028 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global Over The Counter (OTC) Drugs market.

Contact Us:
Craig Francis (PR & Marketing Manager)
AMA Research & Media LLP
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA - 08837
Phone: +1 (201) 565 3262, +44 (161) 818 8166
sales@advancemarketanalytics.com

About Author:
Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.

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