China Over the Counter Drugs Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2021

According to the report "China Over the Counter Drugs Market'', published by Market Data Forecast, the China market is projected to reach USD 24.78 Billion by 2021, at a CAGR of 6.32% from 2016 to 2021.

For full report refer to “http://www.marketdataforecast.com/market-reports/china-over-the-counter-drugs-market-799/”

China Over the Counter Drugs market has a share of 33.4 % of total Asia-Pacific OTC market. Accessibility, Affordability, Faith, and Authorization are the four aspects that value the OTC drugs that provide consumers and healthcare system of a nation. OTC drugs sales accounts to 16.8% of total pharmaceutical sales. Currently, elderly population generates 40 to 50 percent of the OTC drug market.

Free sample for the report is available at “http://www.marketdataforecast.com/market-reports/china-over-the-counter-drugs-market-799/request-sample”

Major factors that are influencing the growth of the market are increased urbanization, aging population, growing healthcare expenditure internally, lifestyle diseases, the major problem that is restraining the growth of the market is the government has implemented an ambivalent attitude towards OTC Products and is unwilling to promote self-medication.

Segmentation:
Based on Formulation:
•Tablets
•Liquids
•Ointments
•Sprays

Based on Product type:
•Cough, Cold and Flu Drugs
•Analgesics
•Dermatologics
•Gastrointestinal Drugs
•Antiseptics
•Anti-Allergy Drugs
•Smoking Cessation Aids
•Ophthalmic
•Vitamins and Minerals
•Sleep Aids
•Weight Loss/Diet Drugs
•Others (Ear Drops & Diuretics)

Based on distribution channels:
•Pharmacies/Drug Stores
•Supermarkets/Hypermarkets
•Convenience Stores
•Others (Online Drugstores)

Key players that are influencing the OTC Pharmaceutical Market in China are Harbin Pharmaceutical Group, Jiangzhong Pharmaceutical Co., Ltd, Renhe (Group) Development Co., Ltd, Tianjin SK&F Pharmaceutical Co., Ltd, Wyeth Pharmaceutical, Xi'an-Janssen Pharmaceutical, Yangtze River Pharmaceutical Group, Yunnan Baiyao Group Co., Ltd, Zhejiang Conba Pharmaceutical Co., Ltd, GlaxoSmithKline, Bayer Beijing, Novartis.

Market Data Forecast is a firm working in the areas of market research and business intelligence. We have rich experience in research across major industry segments like Healthcare, Agriculture, Food & Beverages etc. and we cater to the needs of both individual and corporate clients. Our research services contribute to key business areas like business process improvement, key decision making and developing appropriate corporate strategy. We are truly committed to our clients and other stakeholders for providing customized research services of the highest quality all the while being an organisation that’s trusted for its integrity, respected for its accountability, and admired for its excellence, by both clients and competitors alike.

Market Data Forecast, Inc.
Jubilee Gardens,
Hyderabad, India.
+1-888-702-9626 (U.S. TOLL FREE)
contact@marketdataforecast.com

This release was published on openPR.