egypt otc drug market

Egypt OTC Drug Market: Segmentation by Product Type (Analgesics Cough, Cold and Flu Products, Vitamins and Minerals, Dermatological Products, Gastrointestinal Products, Ophthalmic Products, Sleep Aid Products, Weight Loss/Diet Products, Others), Formulation Type (Tablets, Liquids, Ointments, and Sprays), and Distribution Channel (Pharmacies, Supermarket/Hypermarket, Convenience Stores, Others)

  • Published Date: 2022-12-13
  • Report ID: 141591
  • Pages: 200
  • Format: prudent report format

Egypts OTC drugs market size stood at USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Over-the-counter drugs are sold to the customer without a prescription from the doctor. They are typically used for minor health problems and are available at local pharmacies and shops. They are safe and effective when consumed according to the physician's directions. OTC drugs can be readily available in pharmacies and online health websites worldwide. Over-the-counter drugs are generally taken off the shelf. OTC drugs also include dietary supplements which are intended to deliver desired nutrients to the body to increase the quantity of an individual's diet.

In Egypt, although some form of subsidized healthcare to be introduced in the long run is expected, interest in OTCs is changing, with customers moving away from essential medicines like analgesics and into more evolved therapeutic categories like dermatological, digestives, and vitamins.



Market Drivers

Egypt's OTC drug sector will continue to grow as rising health awareness and self-medication practices become more popular. Increasing awareness regarding health and willingness towards self-medication are key growth factors. Factors related to urbanization such as increasing pollution, and other lifestyle disorders and needs will also help drive the OTC sector in Egypt in the forecast period.

OTC medicines are especially helmed by low-income households and people without health insurance. With customers moving away from essential medicines like analgesics, into more evolved therapeutic categories like dermatological, digestives, and vitamins, interest in OTCs is changing. Due to this development, the OTC market will be well-placed to take advantage of Egypt's growing middle class and increasingly affluent population over the medium to long term, despite the dominance of prescription medicines.

The OTC healthcare market, despite its relatively large size, suffers from an absence of advertising and consumer-orientated marketing.

 


1. OTC Drugs Market Overview..........................
A. Market Size
2. Market Growth Drivers.
A. Rising Awareness
B. Increasing Problems due to Urbanisation
C. Change in Preferences from Prescription to OTC
D. Rise in Income of the Population
3. Major Types of OTC Drugs
I. Analgesics
II. Cough, Cold, and Flu Products
III. Vitamins and Minerals
IV. Dermatological Products
V. Gastrointestinal Products
VI. Ophthalmic Products
VII. Sleep Aid Products
VIII. Weight Loss/Diet Products
4. OTC Drugs Market Segmentation..................
A. Product Type
I. Analgesics
II. Cough, Cold and Flu Products
III. Vitamins and Minerals
IV. Dermatological Products
V. Gastrointestinal Products
VI. Ophthalmic Products
VII. Sleep Aid Products
VIII. Weight Loss/Diet Products
IX. Others
B. Formulation Type
I. Tablets
II. Liquids
III. Ointments
IV. Spray
C. Distribution Channel
I. Pharmacies
II. Supermarkets/Hypermarkets
III. Convenience Store
IV. Others (Online Drug Stores)
5. OTC Major Drugs Market Share..
A. Market Analysis, Insights and Forecast By Revenue
6. Competitive Landscape...
A. Major Players
B. Products in Pipeline
7. Key Company Profiles..
A. EIPICO overview, Product & Services, Strategies & Financials
B. EVA Pharma Company overview, Product & Services, Strategies & Financials
C. Novartis, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape.
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth.
A. New Trends and Development of OTC drug market
B. Future Opportunities
10. Conclusion
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