OTC Analgesics Market , 2018-2028 by Segmentation: Based on Product, Application and Region

ReleaseWire

Pune, Maharashtra -- (SBWIRE) -- 02/16/2019 -- The global OTC analgesics market is projected to register a steady expansion through 2022. The market is estimated to surpass revenues worth US$ 20,000 Mn by 2022 end.

The advent of healthcare reforms, and favorable regulatory norms worldwide, have encouraged the initiation & uptake of several pain management programs, in a bid to reduce the overall healthcare costs. For example, Patient Protection and Affordable Care Act of the U.S. has provisions for pain management. These instances have paved ways for developing effective OTC analgesics. OTC analgesic drugs are usually purchased in large quantities, with wide availability of drugs for relieving various types of pain in distribution stores. These factors are expected to influence growth of the global OTC analgesics market.

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The trend of utilizing off-label drugs, which are unapproved and affordable medications effective for treatment of diseases, has been gaining an uptick over the recent past. Management of symptoms related to pain has become easy and convenient owing to the availability of OTC analgesics, and these are further prescribed with approved drugs as the maintenance therapies. There is a high potential for growth of the global OTC analgesics market, with sales and demand for pain medication such as pain killers, or pain relievers gaining a significant prevalence among individuals. In addition, demand for non-narcotic pain medication has been witnessing a surge on the back of ill effects associated with narcotic drugs on patients. Topical analgesic manufacturers as well as distributor are increasing their product portfolio to gain huge profits from opportunities in the developed as well as developing markets.

Competition Tracking

Key market players mentioned in Fact.MR's report include Sun Pharmaceuticals Industries Limited, Johnson & Johnson Service, Inc., AstraZeneca Plc., Reckitt Benckiser Group Plc., Novartis AG, GlaxoSmithKline Plc., and Pfizer Inc.

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Pharmacy to Remain the Most Lucrative OTC Channel in the Global OTC Analgesics Market

Pharmacy will remain the most lucrative OTC channel for sales of OTC analgesics in the market. Drug store is expected to be the second largest OTC channel in the market. OTC analgesics sales in online store, and the modern trade OTC channels will register the fastest expansion through 2022.

North America will continue to account for the largest revenue share of the market, and is estimated to retain its dominance in the global OTC analgesics market over the forecast period. In addition, Europe will remain the second most lucrative market for OTC analgesics, however the market in Japan will register a relatively faster expansion than in Europe through 2022.

OTC analgesics in the form of tablets will account for more than half revenue share of the market over the forecast period. In addition, tablet OTC analgesics are anticipated to remain sought-after among consumers around the world. Capsule will continue to be the second largest sold OTC analgesics product in the global market, with sales expanding at the highest CAGR throughout the forecast period.

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Table of Contents Covered in the report are:

1. Global OTC Analgesics Market - Executive Summary

2. Global OTC Analgesics Market Overview
2.1. Introduction
2.1.1. Global OTC Analgesics Market Taxonomy
2.1.2. Global OTC Analgesics Market Definition
2.2. Global OTC Analgesics Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global OTC Analgesics Market Y-o-Y Growth
2.3. Global OTC Analgesics Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Epidemiology
2.6. List of Distributors
2.7. Average Pricing Analysis
2.8. Regulations
2.9. Key Participants Market Presence (Intensity Map) By Region

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3. Global OTC Analgesics Market Analysis and Forecast By OTC Channel
3.1. Global OTC Analgesics Market Size and Forecast By OTC Channel, 2012-2022
3.1.1. Pharmacy OTC Analgesics Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Drug Store OTC Analgesics Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. Modern Trade OTC Analgesics Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Online Store OTC Analgesics Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Other Retail OTC Analgesics Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region

4. Global OTC Analgesics Market Analysis and Forecast By Product Form
4.1. Global OTC Analgesics Market Size and Forecast By Product Form, 2012-2022
4.1.1. Liquid OTC Analgesics Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Capsule OTC Analgesics Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Tablet OTC Analgesics Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region

5. Global OTC Analgesics Market Analysis and Forecast By Region
5.1. Global OTC Analgesics Market Size and Forecast, 2012-2022
5.1.1. North America OTC Analgesics Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By OTC Channel
5.1.1.2. Revenue (US$ Mn) Comparison, By Product Form
5.1.2. Latin America OTC Analgesics Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By OTC Channel
5.1.2.2. Revenue (US$ Mn) Comparison, By Product Form
5.1.3. Europe OTC Analgesics Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By OTC Channel
5.1.3.2. Revenue (US$ Mn) Comparison, By Product Form
5.1.4. Japan OTC Analgesics Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By OTC Channel
5.1.4.2. Revenue (US$ Mn) Comparison, By Product Form
5.1.5. APEJ OTC Analgesics Market Size and Forecast, 2012-2022
5.1.5.1. Revenue (US$ Mn) Comparison, By OTC Channel
5.1.5.2. Revenue (US$ Mn) Comparison, By Product Form
5.1.6. MEA OTC Analgesics Market Size and Forecast, 2012-2022
5.1.6.1. Revenue (US$ Mn) Comparison, By OTC Channel
5.1.6.2. Revenue (US$ Mn) Comparison, By Product Form

6. North America OTC Analgesics Market Analysis and Forecast, By Country, 2012-2022
6.1. US OTC Analgesics Market Size and Forecast, 2012-2022
6.1.1. Revenue (US$ Mn) Comparison, By OTC Channel
6.1.2. Revenue (US$ Mn) Comparison, By Product Form
6.2. Canada OTC Analgesics Market Size and Forecast, 2012-2022
6.2.1. Revenue (US$ Mn) Comparison, By OTC Channel
6.2.2. Revenue (US$ Mn) Comparison, By Product Form

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