(MENAFN - GetNews) The global over the counter drugs market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.59% from 2017 to 2024 to reach USD 485.36 billion.
According to a new market research report"Global Over The Counter Drugs Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, the global over the counter drugs market is expected to grow from USD 290.85 billion in 2017 to USD 485.36 billion by 2024 at a CAGR of 7.59%.
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'Cough, Cold, and Flu Products: The highest growing product for the global over the counter drugs market
On the basis of product, the global over the counter drugs market is studied across Analgesics, Cough, Cold, and Flu Products, Dermatology Products, Gastrointestinal Products, Ophthalmic Products, Sleeping Aids, Vitamins, Mineral, and Supplements (VMS), and Weight-loss/Dietary Products. Among all these product, the Cough, Cold, and Flu Products is projected to hold the largest market share while the Vitamins, Mineral, and Supplements (VMS) has the potential to grow the market with the highest CAGR in the forecast period.
'Retail Pharmacies: The highest growing distribution channel for the global over the counter drugs market
On the basis of distribution channel, the global over the counter drugs market is studied across Hospital Parmicies, Online, and Retail Pharmacies. Among all these distribution channel, the Retail Pharmacies has captured the maximum market share while the Online has the opportunity to emerge with the highest CAGR.
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'Americas: The highest growing geography for the global over the counter drugs market
On the basis of geography, the global over the counter drugs market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Americas is dominating the market with highest market size.
'Alkem Laboratories Limited: The potential growing player for the global over the counter drugs market
The key players profiled in the global over the counter drugs market are Alkem Laboratories Limited, Bayer AG, Boehringer Ingelheim GmbH, Cipla, Inc., Glaxosmithkline PLC, Glenmark Pharmaceuticals Limited, Johnson and Johnson, Merck KGaA, Novartis AG, Pfizer, Sanofi, Sun Pharmaceutical Industries Ltd., and Teva Pharmaceutical Industries Ltd..
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In the report, we have covered two proprietary models, the 360iResearch FPNV Positioning Matrix and 360iResearch Competitive Strategic Window. The 360iResearch FPNV Positioning Matrix analyses the competitive market place for the players in terms of product satisfaction and business strategy they adopt to sustain in the market. The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The 360iResearch Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisitions strategies, geography expansion, research & development, new product introduction strategies to execute further business expansion and growth.
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The key chapters profiled in the report are as follows:
2. Research & Forecasting
3. Executive Summary
4. Premium Insight
5. Market Data Feed
6. Americas Over The Counter Drugs Market
7. Europe, Middle East & Africa Over The Counter Drugs Market
8. Asia-Pacific Over The Counter Drugs Market
9. 360iResearch Competitive Strategic Window
10. Competitive Landscape
11. Company Usability Profiles
The report answers questions such as:
1. What is the market size of over the counter drugs market in the global?
2. What are the factors that affect the growth in global over the counter drugs market over the forecast period?
3. What is the competitive position in the global over the counter drugs market?
4. Which are the best product areas to be invested in over the forecast period?
5. What are the opportunities in the global over the counter drugs market?
6. What are the modes of entering the global over the counter drugs market?
360iResearch LLP, headquartered in Pune, India, is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as Aerospace & Defense, Agriculture, Automotive & Transportation, Building, Construction & Real Estate, Chemicals & Advanced Material, Consumer Goods & Retail, Energy & Utilities, Food & Beverage, Healthcare & Life Sciences, Information Technology, Packaging, and Semiconductor & Electronics.
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