Over The Counter (OTC) Drugs Market by Product Type (Analgesics, Cough, Cold and Flu Products, Dermatological Products, Gastrointestinal Products, Vitamins, Minerals, Weight Loss Products, Sleep Aids, Ophthalmic Products, Smoking Cession Aids and Other Products), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

Over The Counter (OTC) Drugs Market by Product Type (Analgesics, Cough, Cold and Flu Products, Dermatological Products, Gastrointestinal Products, Vitamins, Minerals, Weight Loss Products, Sleep Aids, Ophthalmic Products, Smoking Cession Aids and Other Products), and by Region - Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)

ID: 509 | Pages: 176 | October 2016 | Region: Global


The Global OTC drugs market has been estimated at USD 131.70 billion in 2016 and is projected to reach USD 188.19 billion by 2021, at a CAGR of 7.4% during the forecast period from 2016 to 2021. Over the counter (OTC) drugs are the effective and safe drugs, which can be bought at the pharmacies and local stores, over the counter, without doctor’s prescription. These drugs are seldom used for common ailments. They are dispensed by the pharmacists, after the verification of customer’s 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 OTC category.

OTC drugs are developed under OTC Monograph process or through New Drug Application (NDA) process. These drugs come with a monograph on which the ingredients of the drug, dosage and user instructions are written. Easy accessibility, lower costs, convenience, customer-empowering qualities are the benefits of OTC drugs. With the increasing number of chemists and pharma dispensaries, the drugs are readily available.

Public started showing pro-active approach towards the ailments. Along with that, they are also resorting to lower-priced alternatives due to raising costs in healthcare. The cultural shift in public towards self-reliance leads in gaining major acquisitions. These are some of the drivers that shoot up the market growth. However, the market growth is hindered due to the issue of drug substance abuse and lack of awareness in under-developed areas.

The global market is segmented based on product type and geographically. The product market basically caters medicines in the categories like analgesics, cough, cold and flu products, dermatological products, gastrointestinal products, vitamins, minerals, weight loss products, sleep aids, ophthalmic products, smoking cession aids and other products. More than half of the market share belongs to categories like Analgesics, Cough, Cold & Flu, Dermatological and gastrointestinal categories.

The OTC drugs market can be geographically segmented into the regions like North America, Europe, Asia-Pacific, Middle East and Latin America. North American and Europe are the top contributors to this market, followed by Asia-Pacific. Europe is said to attain a commendable profit due to very high increase in adoption rates by public. Asia-Pacific regions like China, Japan an India are fastest growing markets, as the growth rate is shooting up exponentially. Latin American countries are just tailing behinds the top Asian contributors, with its newly emerging markets in Brazil and Argentina. However, North America is forecasted to witness a decline in the market due to the domination of generic medicine prescription. Some of the nations are yet to standardize the process of reviewing the nonprescription attainment status.

GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, GSK Boehringer Ingelheim, Sanofi, Takeda and PGT Healthcare are the top companies that contribute to OTC drugs market. The maximum market share is possessed by GlaxoSmithKline, Johnson and Johnson, Novartis and Sanofi. The extension of OTC service for the drugs dealing with chronic diseases like diabetes and hypertension is a new trend to be noticed.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 New Developments               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product Type                             

                                5.1.1 Analgesics

                                5.1.2 Cough, Cold and Flu Products         

                                5.1.3 Vitamins and Minerals       

                                5.1.4 Dermatological Products   

                                5.1.5 Gastrointestinal Products 

                                5.1.6 Ophthalmic Products          

                                5.1.7 Sleep Aid Products              

                                5.1.8 Weight Loss/Diet Products               

                                5.1.9 Others      

                5.2 By Formulation Type                              

                                5.2.1 Tablets      

                                5.2.2 Liquids      

                                5.2.3 Ointments               

                                5.2.4 Sprays       

                5.3 Distribution Channels                             

                                5.3.1 Pharmacies             

                                5.3.2 Supermarkets/Hypermarkets         

                                5.3.3 Convenience stores            

                                5.3.4 Others (Online Drug Stores)            

6. Geographical Analysis                                              

                6.1 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.2 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.3 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 South Korea           

                                6.3.6 Australia   

                6.4 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Mexico     

                                6.4.4 Argentina

                                6.4.5 Rest of Latin America          

                6.5 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 GlaxoSmithKline                       

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Strategic Evaluation and Operations            

                                8.1.4 Financial analysis  

                                8.1.5 Legal issues             

                                8.1.6 Recent Developments       

                                8.1.7 SWOT analysis       

                                8.1.8 Analyst View          

                8.2 Johnson and Johnson                            

                8.3 Novartis                       

                8.4 Bayer                            

                8.5 Pfizer                            

                8.6 Boehringer Ingelheim                            

                8.7 Sanofi                           

                8.8 Takeda                         

                8.9 PGT Healthcare                         

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Expert Opinions                                        

                10.1 Market Outlook                     

                10.2 Investment Opportunities                 

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Global Over the Counter (OTC) Drugs Market By Region, From 2016-2021 (USD Billion)
  2. Global Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  3. Global Analgesics Market By Region, From 2016-2021 (USD Billion)
  4. Global Cough Market By Region, From 2016-2021 (USD Billion)
  5. Global Cold and Flu Products Market By Region, From 2016-2021 (USD Billion)
  6. Global Dermatological Products Market By Region, From 2016-2021 (USD Billion)
  7. Global Gastrointestinal Products Market By Region, From 2016-2021 (USD Billion)
  8. Global Vitamins Market By Region, From 2016-2021 (USD Billion)
  9. Global Minerals Market By Region, From 2016-2021 (USD Billion)
  10. Global Weight Loss Products Market By Region, From 2016-2021 (USD Billion)
  11. Global Sleep Aids Market By Region, From 2016-2021 (USD Billion)
  12. Global Ophthalmic Products Market By Region, From 2016-2021 (USD Billion)
  13. Global Smoking Cession Aids Market By Region, From 2016-2021 (USD Billion)
  14. Global Other Products Market By Region, From 2016-2021 (USD Billion)
  15. North America Over the Counter (OTC) Drugs Market By Region, From 2016-2021 (USD Billion)
  16. North America Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  17. North America Analgesics Market By Region, From 2016-2021 (USD Billion)
  18. North America Cough Market By Region, From 2016-2021 (USD Billion)
  19. North America Cold and Flu Products Market By Region, From 2016-2021 (USD Billion)
  20. North America Dermatological Products Market By Region, From 2016-2021 (USD Billion)
  21. North America Gastrointestinal Products Market By Region, From 2016-2021 (USD Billion)
  22. North America Vitamins Market By Region, From 2016-2021 (USD Billion)
  23. North America Minerals Market By Region, From 2016-2021 (USD Billion)
  24. North America Weight Loss Products Market By Region, From 2016-2021 (USD Billion)
  25. North America Sleep Aids Market By Region, From 2016-2021 (USD Billion)
  26. North America Ophthalmic Products Market By Region, From 2016-2021 (USD Billion)
  27. North America Smoking Cession Aids Market By Region, From 2016-2021 (USD Billion)
  28. North America Other Products Market By Region, From 2016-2021 (USD Billion)
  29. United States Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  30. Canada Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  31. Europe Over the Counter (OTC) Drugs Market By Region, From 2016-2021 (USD Billion)
  32. Europe Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  33. Europe Analgesics Market By Region, From 2016-2021 (USD Billion)
  34. Europe Cough Market By Region, From 2016-2021 (USD Billion)
  35. Europe Cold and Flu Products Market By Region, From 2016-2021 (USD Billion)
  36. Europe Dermatological Products Market By Region, From 2016-2021 (USD Billion)
  37. Europe Gastrointestinal Products Market By Region, From 2016-2021 (USD Billion)
  38. Europe Vitamins Market By Region, From 2016-2021 (USD Billion)
  39. Europe Minerals Market By Region, From 2016-2021 (USD Billion)
  40. Europe Weight Loss Products Market By Region, From 2016-2021 (USD Billion)
  41. Europe Sleep Aids Market By Region, From 2016-2021 (USD Billion)
  42. Europe Ophthalmic Products Market By Region, From 2016-2021 (USD Billion)
  43. Europe Smoking Cession Aids Market By Region, From 2016-2021 (USD Billion)
  44. Europe Other Products Market By Region, From 2016-2021 (USD Billion)
  45. U.K Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  46. Spain Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  47. Germany Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  48. Italy Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  49. France Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  50. Asia-Pacific Over the Counter (OTC) Drugs Market By Region, From 2016-2021 (USD Billion)
  51. Asia-Pacific Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  52. Asia-Pacific Analgesics Market By Region, From 2016-2021 (USD Billion)
  53. Asia-Pacific Cough Market By Region, From 2016-2021 (USD Billion)
  54. Asia-Pacific Cold and Flu Products Market By Region, From 2016-2021 (USD Billion)
  55. Asia-Pacific Dermatological Products Market By Region, From 2016-2021 (USD Billion)
  56. Asia-Pacific Gastrointestinal Products Market By Region, From 2016-2021 (USD Billion)
  57. Asia-Pacific Vitamins Market By Region, From 2016-2021 (USD Billion)
  58. Asia-Pacific Minerals Market By Region, From 2016-2021 (USD Billion)
  59. Asia-Pacific Weight Loss Products Market By Region, From 2016-2021 (USD Billion)
  60. Asia-Pacific Sleep Aids Market By Region, From 2016-2021 (USD Billion)
  61. Asia-Pacific Ophthalmic Products Market By Region, From 2016-2021 (USD Billion)
  62. Asia-Pacific Smoking Cession Aids Market By Region, From 2016-2021 (USD Billion)
  63. Asia-Pacific Other Products Market By Region, From 2016-2021 (USD Billion)
  64. China Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  65. India Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  66. Japan Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  67. South Korea Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  68. Australia Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  69. Latin America Over the Counter (OTC) Drugs Market By Region, From 2016-2021 (USD Billion)
  70. Latin America Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  71. Latin America Analgesics Market By Region, From 2016-2021 (USD Billion)
  72. Latin America Cough Market By Region, From 2016-2021 (USD Billion)
  73. Latin America Cold and Flu Products Market By Region, From 2016-2021 (USD Billion)
  74. Latin America Dermatological Products Market By Region, From 2016-2021 (USD Billion)
  75. Latin America Gastrointestinal Products Market By Region, From 2016-2021 (USD Billion)
  76. Latin America Vitamins Market By Region, From 2016-2021 (USD Billion)
  77. Latin America Minerals Market By Region, From 2016-2021 (USD Billion)
  78. Latin America Weight Loss Products Market By Region, From 2016-2021 (USD Billion)
  79. Latin America Sleep Aids Market By Region, From 2016-2021 (USD Billion)
  80. Latin America Ophthalmic Products Market By Region, From 2016-2021 (USD Billion)
  81. Latin America Smoking Cession Aids Market By Region, From 2016-2021 (USD Billion)
  82. Latin America Other Products Market By Region, From 2016-2021 (USD Billion)
  83. Brazil Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  84. Argentina Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  85. Mexico Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  86. Middle East & Africa Over the Counter (OTC) Drugs Market By Region, From 2016-2021 (USD Billion)
  87. Middle East & Africa Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  88. Middle East & Africa Analgesics Market By Region, From 2016-2021 (USD Billion)
  89. Middle East & Africa Cough Market By Region, From 2016-2021 (USD Billion)
  90. Middle East & Africa Cold and Flu Products Market By Region, From 2016-2021 (USD Billion)
  91. Middle East & Africa Dermatological Products Market By Region, From 2016-2021 (USD Billion)
  92. Middle East & Africa Gastrointestinal Products Market By Region, From 2016-2021 (USD Billion)
  93. Middle East & Africa Vitamins Market By Region, From 2016-2021 (USD Billion)
  94. Middle East & Africa Minerals Market By Region, From 2016-2021 (USD Billion)
  95. Middle East & Africa Weight Loss Products Market By Region, From 2016-2021 (USD Billion)
  96. Middle East & Africa Sleep Aids Market By Region, From 2016-2021 (USD Billion)
  97. Middle East & Africa Ophthalmic Products Market By Region, From 2016-2021 (USD Billion)
  98. Middle East & Africa Smoking Cession Aids Market By Region, From 2016-2021 (USD Billion)
  99. Middle East & Africa Other Products Market By Region, From 2016-2021 (USD Billion)
  100. Middle East Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
  101. Africa Over the Counter (OTC) Drugs Market By Product Type, From 2016-2021 (USD Billion)
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