EU OTC Drugs Market by Product type (Cough, Cold, and Flu Products, Analgesics, Dermatology Products, Gastrointestinal Products, Vitamins, Mineral, and Supplements (VMS), Weight-loss/Dietary Products, Ophthalmic Products, Sleeping Aids, and Other Product Types) and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacy, and Other Distribution Channels) Growth, Trends and Forecast, 2019-2028
- Published Date: 2022-12-26
- Report ID: 138255
- Pages: 200
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Format:
Report Overview
The EU OTC Drugs market size stood at round USD xx billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 5.4% during the forecast period
OTC drugs are effective and safe drugs, which can be bought at the pharmacies and local stores, over the counter, without a doctors prescription. These drugs are seldom used for
common ailments. The pharmacists dispense them after the verification of the customers age and identification. Acetaminophen, aspirin, and ibuprofen are the most common OTC drugs. OTC drugs market is booming with the allowance of previously high-priced prescribed drugs, shifting to the OTC category
Market Drivers
The growing prevalence of these common diseases (i.e., cough, cold, and flu) is found among the aging population that has led the patients to use more OTC drugs, as these drugs are readily available and can be bought without a doctors prescription. This saves both time and cost required to visit a physician/hospital. Consumers are more dependent on OTC cough and cold medicines as a first response to seek quick relief from symptoms
1. EU OTC Drugs Market Overview
A. Market Size
2. EU OTC Drugs Market Growth Drivers
A. An increase in fundings from the government for vaccine development
B. Pipeline for various infections and cancerous cell
3. EU OTC Drugs Market Segmentation........
A. By Product type
I. Cough, cold and Flu Products
II. Analgesics
III. Dermatology Products
IV. Gastrointestinal Products
V. Vitamins, Mineral, and Supplements
VI. Weight-loss
VII. Ophthalmic Products
VIII. Sleeping Aids
IX. Other Products type
B. Distribution Channel
I. Hospital Pharmacies
II. Retail Pharmacies
III. Online Pharmacies
IV. Other Product types
4. EU OTC Drugs Market Major Market Share.
A. Market Analysis, Insights and Forecast by Revenue
5. Competitive Landscape...
A. Major Players
B. Products in Pipeline
6. Key Company Profiles.....
A. GlaxoSmithKline Company overview, Product & Services, Strategies & Financials
B. Astra Zeneca Company overview, Product & Services, Strategies & Financials
C. Johnson & Johnson Company overview, Product & Services, Strategies & Financials
7. Healthcare Policies and Regulatory Landscape.
A. Policy Changes and Reimbursement Scenario
8. Factors Driving Market Growth
A. Key Industry Developments
B. Mergers and Acquisitions
9. Market Opportunities and Future Trends
A. Market Opportunities
B. Future Trends
10. Conclusion
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