Over-the-Counter Drug Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026

The report on the global over-the-counter drug market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global over-the-counter drug market to grow with a CAGR of 9.4%% over the forecast period from 2020-2026. The study on over-the-counter drug market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on over-the-counter drug market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global over-the-counter drug market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global over-the-counter drug market over the period of 2018 to 2026. Further, Growth Matrix gave in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

• Increase in the older population
• Limited reimbursement policies for prescription drugs will lead to individuals opting for more OTC medicines

2) Restraints

• High expenditure on advertisements

3) Opportunities

• Strategic alliances of the major manufacturers

Research Methodology

A) Primary Research
The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global over-the-counter drug market is segmented on the basis of administration, and therapeutic class.

The Global Over-the-counter Drug Market by Administration

• Parenteral
• Topical
• Oral
• Others

The Global Over-the-counter Drug Market by Therapeutic Class

• Pain Medications
• Gastrointestinal Drugs
• Dietary Supplements
• Respiratory Drugs
• Others

Company Profiles
The companies covered in the report include

• GlaxoSmithKline PLC
• Abbott Laboratories
• Johnson & Johnson Services
• Bayer AG
• Sanofi S.A.
• Eli Lilly and Company
• Pfizer plc
• Teva Pharmaceuticals
• Perrigo Company plc
• Dr. Reddy's Laboratories Limited

What does this Report Deliver?
1. Comprehensive analysis of the global as well as regional markets of the over-the-counter drug market.
2. Complete coverage of all the segments in the over-the-counter drug market to analyze the trends, developments in the global market and forecast of market size up to 2026.
3. Comprehensive analysis of the companies operating in the global over-the-counter drug market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

This product will be delivered within 1-3 business days.