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North America leads the Over the Counter (OTC) Drugs Market in 2022


(MoneyNewsWire.Net, January 12, 2018 ) According to the report Over the Counter (OTC) Drugs Market, published by Market Data Forecast, the Global market is projected to reach USD 243,686.1 Million by 2022, at a CAGR of 8.55% from 2017 to 2022.

OTC drugs can be brought from a pharmacist without a doctor’s prescription. They are safe and effective. After age verification they are dispensed to a customer by the pharmacist. Aspirin is one of the most widely used OTC drug. They are made by OTC monograph. Sometimes new drugs are also discovered. They are easily available.

Get a comprehensive overview of the Over the Counter (OTC) Drugs Market:

Over The Counter (OTC) Drugs Market: Drivers & Restraints
Paradigm shift towards the usage of OTC drugs, cheap prices coupled with increasing cost of healthcare services, and more and more people becoming self-reliant are driving the growth of this market.

Increasing cases of drug abuse and lack of awareness and market penetration in less developed regions are the factors hindering market growth.

Get accurate market forecast and analysis on the Over The Counter (OTC) Drugs Market. Request a sample to stay up-to-date on the main trends affecting this market:

Over The Counter (OTC) Drugs 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
By Formulation Type
• Tablets
• Liquids
• Ointments
• Sprays
By Distribution Channels
• Pharmacies
• Supermarkets/Hypermarkets
• Convenience stores
• Others (Online Drug Stores)
By Geography
• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
• Middle East & Africa
o Middle-East
o Africa

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at

Over The Counter (OTC) Drugs Market: Overview
Analgesics and dermatological are the segments which led the market in 2016. This trend is expected to continue in the forecast period.
North America accounted for the largest market share closely tailed by Europe. Asia Pacific is the third largest market. Increasing adoption rates is fuelling the demand in European countries. China and India are spearheading the Asian growth spurt. High growth rates are expected in the emerging economies of Latin America like Brazil. Reduced generic medicine prescription in US has brought about a downturn in the North American markets.

Over The Counter (OTC) Drugs Market: Key Players
Key players in the market include GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, GSK Boehringer Ingelheim, Sanofi, Takeda and PGT Healthcare. Other players in the market include GlaxoSmithKline, Johnson and Johnson, Novartis and Sanofi.

About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit,

Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
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