Over-the-Counter Healthcare Market Opportunities, Trends, Growth Analysis and Forecast to 2027
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Access and explore the following growth opportunities and market analysis in our ‘OTC Healthcare Market’ report:
- Overview of the current OTC healthcare scenario regarding the future outlook in terms of sector overview, high-potential countries, and regional analysis.
- The report provides competitive landscape, distribution, and industry metrics.
- Policies and regulations pertaining to the market, government initiatives, global and regional market drivers, and restraints.
- It analyzes five major regions – Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe – highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
How is the ‘OTC Healthcare Market’ report different from other reports in the market?
- Manufacturing and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape, and demographic analysis, that can help companies gain insight into the country-specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region that can help companies in revenue expansion.
- To gain competitive intelligence about leading brands in the sector in the region with formation about their market share and growth rates.
We recommend this valuable source of information to anyone involved in:
- Retailers/Suppliers/White-label manufacturers
- Pharmaceutical Companies, Nutraceutical Companies
- Consumer Health Companies/Startups
- Strategy/Innovation and Business Development
- Market Intelligence and Portfolio Managers
- Government Agencies/Health Associations
To get a snapshot of the OTC healthcare market report, download a free report sample
OTC Healthcare Market Overview
The OTC healthcare market size was valued at $169.2 billion in 2022 and the market is expected to record a CAGR of more than 2% during 2022-2027. Japan, Malaysia, Canada, the US, the UK, Switzerland, Hungary, Romania, UAE, and Nigeria are considered high-potential countries, due to their large OTC healthcare sector sizes, projected high-value growth rates, and projected rising per capita value levels.
OTC Healthcare Market Outlook 2022-2027 (USD Billion)
For more insights on the OTC healthcare market forecasts, download a free sample report
The OTC healthcare market research report provides an overview of the current OTC sector and its outlook. The analysis also covers a regional overview of OTC across five regions including Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe, highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions. The report assesses high-potential countries in each region and provides country-wise deep-dive insights.
Market Size (2022) | $169.2 Billion |
CAGR (2022-2027) | >2% |
Key Categories | Traditional Medicines, Cough, Cold and Allergy Preparations, Analgesics, and Others |
Key Regions | Asia-Pacific, Middle East and Africa, Americas, Western Europe, and Eastern Europe |
High-Potential Countries | Japan, Canada, The UK, Switzerland, Romania, and UAE |
Key Distribution Channels | Chemists/Pharmacies, Hypermarkets & Supermarkets, E-Retailers, Parapharmacies/Drugstores, and Others |
Key Leading Players | GSK Plc, Johnson & Johnson Services, Inc., P&G, Bayer AG, Sanofi-Aventis Groupe, and Reckitt Benckiser Group plc |
OTC Healthcare Market Segmentation by Regions
The key regions in the OTC healthcare market are Asia-Pacific, the Middle East and Africa, the Americas, Western Europe, and Eastern Europe. In 2022, the Asia-Pacific led the OTC healthcare market. The value sales of OTC healthcare products in Asia-Pacific are growing, spurred by the increasing health consciousness of consumers. OTC healthcare products are typically less expensive than prescription medications, making them an attractive option for people who do not have health insurance or have high deductibles.
The key high-potential countries identified in the OTC healthcare market are Japan, Canada, the UK, Switzerland, Romania, and UAE among others.
OTC Healthcare Market Analysis by Region, 2022 (%)
For more regional and country-wise insights into the OTC healthcare market, download a free sample report
OTC Healthcare Market Segmentation by Distribution Channels
The key distribution channels in the OTC healthcare market are chemists/pharmacies, hypermarkets & supermarkets, e-retailers, parapharmacies/drugstores, and others. In 2022, chemists/pharmacies was the leading distribution channel for global OTC healthcare products.
OTC Healthcare Market Analysis by Distribution Channel, 2022 (%)
For more distribution channel insights in the OTC healthcare market, download a free sample report
OTC Healthcare Market – Competitive Landscape
Some of the leading OTC healthcare market players are GSK Plc, Johnson & Johnson Services, Inc., P&G, Bayer AG, Sanofi-Aventis Groupe, and Reckitt Benckiser Group plc among others. In 2022, GSK Plc accounted for the highest OTC healthcare market share.
OTC Healthcare Market Analysis by Leading Players, 2022 (%)
For more insights on the OTC healthcare market players, download a free sample report
Segments covered in the Report
OTC Healthcare Market Category Outlook (Value, $ Billion, 2022-2027)
- Traditional Medicines
- Cough, Cold and Allergy Preparations
- Analgesics
- Others
OTC Healthcare Market Regional Outlook (Value, $ Billion, 2022-2027)
- Asia-Pacific
- Middle East and Africa
- Americas
- Western Europe
- Eastern Europe
OTC Healthcare Market Countries Outlook (Value, $ Billion, 2022-2027)
- Japan
- Canada
- The UK
- Switzerland
- Romania
- UAE
OTC Healthcare Market Distribution Channel Outlook (Value, $ Billion, 2022-2027)
- Chemists/Pharmacies
- Hypermarkets & Supermarkets
- E-Retailers
- Parapharmacies/Drugstores
- Others
Scope
Provides an overview of the current OTC healthcare scenario regarding the future outlook in terms of sector overview, high-potential countries, country and regional analysis, competitive landscape, distribution, and industry metrics. The analysis also covers a regional overview across five regions — Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe — highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- Manufacturing and retailers seek the latest information on how the market is evolving to formulate their sales and marketing strategies. There is also a demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities for growth within the sector in the region
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape, and demographic analysis, that can help companies gain insight into the country-specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region that can help companies in revenue expansion.
- To gain competitive intelligence about leading brands in the sector in the region with formation about their market share and growth rates.
Key Players
GSK PlcJohnson & Johnson Services Inc.
Bayer AG
Sanofi-Aventis Groupe
Reckitt Benckiser Group Plc
Nu Skin Enterprises Inc.
Herbalife International Inc.
Abbott Laboratories
Table of Contents
Table
Figures
Frequently asked questions
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What was the OTC healthcare market size in 2022?
The OTC healthcare market size was valued at $169.2 billion in 2022.
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What will be the OTC healthcare market CAGR during 2022-2027?
The OTC healthcare market will grow at a CAGR of more than 2% during 2022-2027.
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Which was the leading category in the OTC healthcare market in 2022?
In 2022, traditional medicines was the largest category in terms of value sales in the OTC healthcare market.
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Which was the leading region in the OTC healthcare market in 2022?
In 2022, the Asia-Pacific led the OTC healthcare market.
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Which distribution channel dominated the OTC healthcare market in 2022?
In 2022, chemists/pharmacies was the leading distribution channel for the global OTC healthcare products market.
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Who are the leading players operating in the OTC healthcare market?
GSK Plc, Johnson & Johnson Services, Inc., P&G, Bayer AG, Sanofi-Aventis Groupe, and Reckitt Benckiser Group plc are some of the leading players in the OTC healthcare market.
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