Consumer Healthcare Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Johnson & Johnson, Sanofi S.A., Abbott Laboratories, BASF SE, Amway Corporation, Bayer AG, Pfizer Inc.

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2241

The Business Research Company offers in-depth market insights through Consumer Healthcare Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The consumer healthcare market size has grown exponentially in recent years. It will grow from $537.77 billion in 2023 to $663.81 billion in 2024 at a compound annual growth rate (CAGR) of 23.4%. The growth in the historic period can be attributed to aging population and healthcare needs, over-the-counter (otc) medications, wellness and prevention focus, growth of e-commerce and online pharmacies, increasing health and fitness trends
.

The consumer healthcare market size is expected to see exponential growth in the next few years. It will grow to $1476.45 billion in 2028 at a compound annual growth rate (CAGR) of 22.1%. The growth in the forecast period can be attributed to growing personalized health and genetics, digital health and telemedicine, remote patient monitoring, health apps and wearables, growing demand for nutraceuticals and dietary supplements. Major trends in the forecast period include adoption of digital health and telemedicine, health apps and wearables, personalized health and genetics, the use of remote monitoring devices, aging-in-place solutions.

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=5726&type=smp

Market Segmentation:
The main products in the consumer healthcare market are OTC pharmaceuticals and dietary supplements. Over the counter (OTC) drugs or non-prescription medicines can be purchased directly from a drug store without a prescription. Dietary supplements are products that are used to add nutrients to a diet. The market is also segmented by application into retail, online, and hospitals.

Major Driver - E-Commerce And Online Pharmacies Fueling Consumer Healthcare Market Growth As Convenience And Accessibility Take Center Stage
The rapid growth in e-commerce and online pharmacies is contributing to the growth of the consumer healthcare market. Consumer healthcare products are increasingly being sold through online pharmacies to improve consumer convenience. Major online pharmacies globally include Walgreens, Hims.com/Hers.com, SecurePharmaOnline, YourDrugStore, Lloyds Pharmacy, and Netmeds. In addition, pharmaceutical companies are also selling OTC products online. For instance, Dr. Reddy's sells its OTC products through Amazon and other e-commerce channels in the USA. So, increasing e-commerce is driving the consumer healthcare market growth.

Competitive Landscape:
Major companies operating in the consumer healthcare market include Johnson & Johnson, Sanofi S.A., Abbott Laboratories, BASF SE, Amway Corporation, Bayer AG, Pfizer Inc., Boehringer Ingelheim International GmbH, GlaxoSmithKline plc, American Health Corporation, Stanex Drugs & Chemicals Pvt. Ltd., Ipsen S.A., Reckitt Benckiser Group plc, Jasco Group of Companies, Bionova Lifesciences, Lenmark Pharmaceuticals Ltd., Merck & Co. Inc., DSM Nutritional Products AG, Teva Pharmaceutical Industries Ltd., The Himalaya Drug Company, Procter & Gamble Co., Nestle S.A., Novartis International AG, Eli Lilly and Company, AbbVie Inc., CVS Health Corporation, McKesson Corporation, Cigna Corporation, Cardinal Health Inc., AstraZeneca plc, Bristol-Myers Squibb Company, Novo Nordisk A/S, Perrigo Company plc, Colgate-Palmolive Company, Herbalife Nutrition Ltd., The Nature's Bounty Co., The Clorox Company

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/consumer-healthcare-global-market-report

Top Trend - Digital Health Solutions Revolutionize Consumer Healthcare As Tech-Savvy Consumers Drive Demand For Personalized Self-Care
Consumer healthcare companies are increasingly offering digital health solutions. Health and wellness are transforming into a digitised space with an increase in the tech-savvy population, leading to the availability of treatments on-demand. To cater to the shift in consumer preferences to digital, consumer healthcare brands have introduced digital, connected, and personalised self-care solutions. For example, Johnson & Johnson offers a behavioural coaching app with its Nicorette® QuickMist® Nicotine Spray that helps smokers to plan and track their progress in quitting smoking.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Consumer Healthcare Market Characteristics
3. Consumer Healthcare Market Trends And Strategies
4. Consumer Healthcare Market - Macro Economic Scenario
5. Consumer Healthcare Market Size And Growth
…..
27. Consumer Healthcare Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

This release was published on openPR.