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Global over-the-counter (OTC) drug market to grow at a CAGR of 6.19% during the period 2016-2020

08-31-2016 11:06 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MRR.biz Pvt. Ltd.

MarketResearchReports.Biz presents this most up-to-date research on "Global Over-the-Counter Drug Market 2016-2020"

Description

OTC drugs are medicines that can be bought without a prescription from a doctor because the US FDA considers them safe for use without medical supervision. These drugs are used to treat conditions that do not necessarily require a doctor's advice, such as pain, itches, cough and cold, sleeping problems, smoking cessation, weight problems, gastrointestinal problems, and tooth decay. They are sold through hospitals, pharmaceutical stores, grocery stores, catalogs, and online retail stores.

Technavios analysts forecast the global over-the-counter (OTC) drug market to grow at a CAGR of 6.19% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global over-the-counter (OTC) drug market for 2016-2020. To calculate the market size, the report considers revenue generated from the sales of OTC drugs used to treat disorders, including gastrointestinal disorders, pain, and dermatological and respiratory disorders.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Over-The-Counter (OTC) Drug Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Bayer HealthCare
GlaxoSmithKline (GSK)
Johnson & Johnson
Pfizer
Sanofi

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/785462

Other prominent vendors
Abbott
Achelios Therapeutics
American Health
Amgen
Arena Pharmaceuticals
AstraZeneca
BioGaia
Bristol Myers Squibb
Bukwang Pharmaceutica
Chr. Hansen
Cipla
CoLucid
Daiichi Sankyo
Dr. Reddy's Laboratories
DSM
Eisai
Eli Lilly
EMS
Euradite
Friggs
Genomma Lab Internacional
Glanbia
Herbalife
Himalaya Drug Company
Hypermarcas
Immune Pharmaceuticals
Innovative Med Concepts
Mcneil consumer healthcare
Mead Johnson
Merck
Mitsubishi Tanabe Pharma
NeurAxon
Omega Pharma
OptiNose
Pain Therapeutics
Procter & Gamble
Reckitt Benckiser
SAVA
Sigma Pharmaceuticals
Sun Pharma
Taisho Pharmaceuticals
Takeda Pharmaceuticals
Teva Pharmaceuticals
UCB
Unifarma Global Consumer healthcare
Valeant Pharmaceuticals
Vida Laboratories

Market driver
Switching of medications from prescription to OTC
For a full, detailed list, view our report

Market challenge
Counterfeit drugs
For a full, detailed list, view our report

Market trend
Accelerated use of online resources
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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