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FEATURED COMPANIES
- Bayer AG
- Cipla Ltd.
- Johnson & Johnson
- Mylan NV
- Novartis AG
- Perrigo Company Plc.
Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
With increasing healthcare expenditures and surging demand for the effective treatment, growth of the Global Over the Counter (OTC) Drugs Market is evident for next five years. Moreover, online pharmacies are increasing rapidly. Although, the demand for prescription is mandatory for various online platforms, multiple over the counter drugs are available without the prescription from these online pharmacies. Thus, consumers are able to easily order their medicines from the online sources and avoid long queues at the traditional offline pharmacies, thereby supporting the growth of the Global Over the Counter (OTC) Drugs Market in the future five years.
Although, over the counter drugs market lacks classification. With present concerns over ill-monitored dozing and increased drug abusing instances, the Global Over the Counter (OTC) Drugs Market might suffer in the future growth. Proper channeling and maintained distribution of the over the counter drugs may support to overcome the short comings of the market and support future growth in the forecast years.
The OTC drugs market is segmented based on product, route of administration, dosage form, distribution channel, region, and company. Based on route of administration, market can be segregated into oral, parenteral, topical, and others. The oral route of administration is anticipated to hold the largest revenue shares and dominate the market segment in the upcoming five years on the account of its simplicity. Most of the over the counter drugs available in the market are administered orally that may be in capsule, tablet, or syrup form. Also, administration procedure is convenient, and the patient does not require help from patient caretaker for the administration which is a requirement during administering parenteral administration. Parenteral administration is also anticipated to register significant growth in the next five years on the grounds of effectivity of the drugs when administered in parenteral form.
Major players operating in the Global Over the Counter (OTC) Drugs Market include Johnson & Johnson, Bayer AG, Novartis AG, GlaxoSmithKline Plc.-Pfizer, Inc., Sanofi S.A., Perrigo Company Plc., Reckitt Benckiser Group Plc., Sun Pharmaceutical Industries Ltd., The Procter & Gamble Company, Teva Pharmaceutical Industries Limited, Dr. Reddy’s Laboratories Ltd., Zydus Takeda Healthcare Pvt. Ltd., Mylan NV, Cipla Ltd., Alkem Laboratories Limited, and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022–2026
Objective of the Study:
- To analyze the historical growth in the market size of the Global Over the Counter (OTC) Drugs Market from 2016 to 2020.
- To estimate and forecast the market size of the Global Over the Counter (OTC) Drugs Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the Global Over the Counter (OTC) Drugs Market based on product, route of administration, dosage form, distribution channel, region, and company and regional distribution.
- To identify dominant region or segment in the Global Over the Counter (OTC) Drugs Market.
- To identify drivers and challenges for the Global Over the Counter (OTC) Drugs Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Over the Counter (OTC) Drugs Market.
- To identify and analyze the profile of leading players operating in the Global Over the Counter (OTC) Drugs Market.
- To identify key sustainable strategies adopted by the market players in the Global Over the Counter (OTC) Drugs Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the manufacturers, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of the Global Over the Counter (OTC) Drugs Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Over the counter drugs manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to over the counter drugs
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Over the Counter (OTC) Drugs Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Over the Counter (OTC) Drugs Market, By Product:
- Cough, Cold, & Flu,
- Vitamins, Mineral, & Supplements (VMS)
- Analgesics
- Gastrointestinal Products
- Dermatology Products
- Others
Over the Counter (OTC) Drugs Market, By Route of Administration:
- Oral
- Parenteral
- Topical
- Others
Over the Counter (OTC) Drugs Market, By Dosage Form:
- Tablets
- Capsules
- Liquids & Solutions
- Cream/Lotion/Ointments
- Others
Over the Counter (OTC) Drugs Market, By Distribution Channel:
- Retail Pharmacy
- Hospital Pharmacy
- E-Pharmacy
Over the Counter (OTC) Drugs Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- United Kingdom
- Italy
- Spain
- France
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
- Kuwait
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Over the Counter (OTC) Drugs Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This report will be delivered within 1 business day.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.
What is the estimated value of the Global Over the Counter (OTC) Drugs Market?
What is the growth rate of the Global Over the Counter (OTC) Drugs Market?
What is the forecasted size of the Global Over the Counter (OTC) Drugs Market?
Who are the key companies in the Global Over the Counter (OTC) Drugs Market?
FEATURED COMPANIES
- Bayer AG
- Cipla Ltd.
- Johnson & Johnson
- Mylan NV
- Novartis AG
- Perrigo Company Plc.
List of Figures
A selection of companies mentioned in this report includes:
- Johnson & Johnson
- Bayer AG
- Novartis AG
- GlaxoSmithKline Plc.-Pfizer, Inc.
- Sanofi S.A.
- Perrigo Company Plc.
- Reckitt Benckiser Group Plc.
- Sun Pharmaceutical Industries Ltd.
- The Procter & Gamble Company
- Teva Pharmaceutical Industries Limited
- Dr. Reddy’s Laboratories Ltd.
- Zydus Takeda Healthcare Pvt. Ltd.
- Mylan NV
- Cipla Ltd.
- Alkem Laboratories Limited