Over The Counter (OTC) Drugs Market Growth, Demand and Challenges of the Key Industry Players 2023-2028 - PowerPoint PPT Presentation

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Over The Counter (OTC) Drugs Market Growth, Demand and Challenges of the Key Industry Players 2023-2028

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According to the latest research report by IMARC Group, The global over the counter (OTC) drugs market size reached US$ 158.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 231.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.24% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Over The Counter (OTC) Drugs Market Growth, Demand and Challenges of the Key Industry Players 2023-2028


1
Global Over The Counter (OTC) Drugs Market
Research and Forecast Report 2023-2028
  • Format PDFEXCEL

2023 IMARC All Rights Reserved
2
About IMARC Group
  • International Market Analysis Research and
    Consulting Group is a leading adviser on
    management strategy and market research
    worldwide. We partner with clients in all regions
    and industry verticals to identify their
    highest-value opportunities, address their most
    critical challenges, and transform their
    businesses.
  • IMARCs information products include major
    market, scientific, economic and technological
    developments for business leaders in
    pharmaceutical, industrial, and high technology
    organizations. Market forecasts and industry
    analysis for biotechnology, advanced materials,
    chemicals, food and beverage, travel and tourism,
    nanotechnology and novel processing methods are
    at the top of the companys expertise.
  • IMARCs tailored approach combines unfathomable
    insight into the dynamics of companies and
    markets with close cooperation at all levels of
    the client organization. This ensures that our
    clients achieve unmatchable competitive
    advantage, build more proficient organizations,
    and secure lasting results.

3
Report Highlight and Description
  • According to the latest report by IMARC Group,
    titled "Over The Counter (OTC) Drugs Market
    Global Industry Trends, Share, Size, Growth,
    Opportunity and Forecast 2023-2028," the global
    over the counter (OTC) drugs market size reached
    US 158.8 Billion in 2022.
  • Over the counter (OTC) drugs are medications that
    can be purchased without a prescription from a
    healthcare provider. These drugs are used to
    treat a variety of common health conditions, such
    as headaches, allergies, and minor aches and
    pains.
  • The main advantages of OTC drugs include their
    affordability and easy accessibility in
    drugstores, supermarkets, and online platforms.
    Currently, there are several different types of
    OTC drugs available in the market, including pain
    relievers, cough and cold medicines, allergy
    medications, and digestive aids.
  • Request for a PDF sample of this report
    https//www.imarcgroup.com/over-the-counter-drugs-
    market/requestsample

4
Report Description
  • Global Over The Counter (OTC) Drugs Market
    Trends
  • The global market for over the counter (OTC)
    drugs is experiencing significant growth on
    account of the increasing use of OTC drugs to
    treat minor ailments such as headaches and colds.
    Additionally, the recent COVID-19 outbreak has
    led to a rise in awareness among individuals
    about the importance of self-care, which has
    contributed to increased sales of nutritional
    supplements, further strengthening the market
    growth. In line with this, key market players are
    expanding their product portfolios to attract a
    wider consumer base and increase their
    geographical presence, which, in turn, is
    bolstering the market growth.
  • Furthermore, governments in various nations are
    approving the switching of prescription drugs to
    OTC drugs, which is creating a positive impact on
    the market. Apart from this, the rising
    healthcare costs have compelled consumers to opt
    for OTC drugs instead of consulting physicians,
    which is fueling the market growth. Other
    factors, such as the burgeoning geriatric
    population, the rapidly expanding healthcare
    sector, significant growth in the pharmaceutical
    industry, and significant improvements in
    distribution channels, are propelling the market
    growth.
  • Looking forward, the market value is projected to
    reach US 231.7 Billion by 2028, expanding at a
    CAGR of 6.24 during 2023-2028.
  • View Report TOC, Figures and Tables
    https//www.imarcgroup.com/over-the-counter-drugs-
    market

5
Report Segmentation
  • Breakup by Product Type
  • Cough, Cold and Flu Products
  • Analgesics
  • Dermatology Products
  • Gastrointestinal Products
  • Vitamins, Minerals and Supplements (VMS)
  • Weight-loss/Dietary Products
  • Ophthalmic Products
  • Sleeping Aids
  • Others
  • Breakup by Route of Administration
  • Oral
  • Parenteral
  • Topical
  • Others

6
Report Segmentation
  • Breakup by Dosage Form
  • Tablets and Capsules
  • Liquids
  • Ointments
  • Others
  • Breakup by Distribution Channel
  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others
  • Breakup by Region
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

7
Competitive Landscape with Key Players
  • Alkem Laboratories Limited
  • Bayer AG
  • Daiichi Sankyo Company Limited
  • Dr. Reddys Laboratories Ltd.
  • GlaxoSmithKline plc
  • Johnson Johnson
  • Novartis AG
  • Perrigo Company plc
  • Pfizer Inc.
  • Piramal Enterprises Ltd.
  • Reckitt Benckiser Group PLC
  • Sanofi S.A.
  • Sun Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.

8
Key Questions Answered in the Report
9
Key Questions Answered in the Report
10
Table of Contents
  • 1    Preface2    Scope and Methodology    2.1  
     Objectives of the Study    2.2  
     Stakeholders    2.3    Data Sources       
    2.3.1    Primary Sources        2.3.2  
     Secondary Sources    2.4    Market Estimation 
          2.4.1    Bottom-Up Approach        2.4.2  
     Top-Down Approach    2.5    Forecasting
    Methodology3    Executive Summary4  
     Introduction    4.1    Overview    4.2    Key
    Industry Trends5    Global Over The Counter
    (OTC) Drugs Market    5.1    Market Overview   
    5.2    Market Performance    5.3    Impact of
    COVID-19  5.4    Market Forecast
  • 6     Market Breakup by Product Type
  •   6.1    Cough, Cold and Flu Products   
    6.1.1 Market Trends       6.1.2 Market
    Forecast    6.2 Analgesics    6.2.1 
    Market Trends       6.2.2 Market Forecast   
    6.3 Dermatology Products    6.3.1 Market
    Trends       6.3.2 Market Forecast       

11
Table of Contents
  •   6.4    Gastrointestinal Products    6.4.1
    Market Trends       6.4.2 Market Forecast   
    6.5 Vitamins, Minerals and Supplements (VMS) 
      6.5.1  Market Trends       6.5.2 Market
    Forecast    6.6 Weight-loss/Dietary
    Products    6.6.1 Market Trends       6.6.2
    Market Forecast
  •   6.7    Ophthalmic Products    6.7.1
    Market Trends       6.7.2 Market Forecast   
    6.8 Sleeping Aids    6.8.1  Market
    Trends       6.8.2 Market Forecast    6.9
    Others    6.9.1 Market Trends       6.9.2
    Market Forecast
  • 7  Market Breakup by Route of Administration
  • 7.1 Oral
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
  • 7.2 Parenteral
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast
  • 7.3 Topical
  • 7.3.1 Market Trends
  • 7.3.2 Market Forecast
  • For more information, visit https//www.imarcgrou
    p.com/over-the-counter-drugs-market/toc

12
Disclaimer
  • 2023 IMARC All Rights Reserved
  • This Publication and all its contents unless
    otherwise mentioned are copyrighted in the name
    of International Market Analysis Research and
    Consulting (IMARC). No part of this publication
    may be reproduced, repackaged, redistributed or
    resold in whole or in any part. The publication
    may also not be used in any form or by and means
    graphic electronic or mechanical, including
    photocopying, recording, taping or by information
    storage or retrieval, or by any other form,
    without the express consent of International
    Market Analysis Research and Consulting (IMARC).
  • Disclaimer All contents and data of this
    publication, including forecasts, data analysis
    and opinion have been based on information and
    sources believed to be accurate and reliable at
    the time of publishing. International Market
    Analysis Research and Consulting makes no
    representation of warranty of any kind as to the
    accuracy or completeness of any Information
    provided. IMARC accepts no liability whatsoever
    for any loss or damage resulting from opinion,
    errors or inaccuracies if any found this
    publication.
  • IMARC, IMARC Group and Global Therapy Insight
    Series are registered trademarks of International
    Market Analysis Research and Consulting. All
    other trademarks used in this publication are
    registered trademarks of their respective
    companies.

13
Contact Us
Visit us at
https//www.imarcgroup.com
TELEPHONE 1-631-791-1145 E-MAIL
sales_at_imarcgroup.com
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