Global OTC Analgesics Market
OTC Analgesics are over-the-counter pain medications which can be purchased without a prescription. They are mainly used for the treatment of headaches, fever, colds, flu, toothaches, arthritis, musculoskeletal injuries and disorders, and menstrual cramps. Basically, there are two major groups of analgesics available for purchase over-the-counter:
> Acetaminophen: Acetaminophen, also known as Tylenol is the most commonly used pain medications. Although it is very effective at reducing fevers and headache, it does not reduce inflammation.
> Non-steroidal Anti-Inflammatory Drugs: Commonly referred by acronym NSAIDs, it is mainly of three types:
They are more effective than Acetaminophen, as along with reducing pain and fever these drugs also work to decrease inflammation.
The sale of OTC Analgesics accounts for a sizeable percentage of the overall pharmaceutical sales. The increasing investments in the R&D by the public and private sector with key emphasis on the classes of compounds for formulating new therapeutics is one of the major factor behind the growth of the global OTC Analgesics market.
Other factors driving the market are convenience of direct purchase and increasing awareness regarding the medications required for minor health issues. Driven by an aging population and an increase in ailments such as cardiovascular disease and obesity, the analgesics market is predicted to grow steadily over the coming years. However the increase in drug abuse and the growing concern regarding the side effects of these drugs are likely to restrain the growth of the global analgesics market.
Segmentation of the OTC Analgesics market can be done on the basis of drug type and geography. According to the drug type the market is segmented into non-opioids and opioids.Opioids are narcotic drugs which does not have anti-inflammatory effect. Non-Opioids have anti-inflammatory effect used for gastric irritation, bleeding problems and renal toxicity.
The Global OTC Analgesics Market has been segmented in terms of region into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. In terms of revenue, North America is expected to hold the largest share of the market, and will remain dominant in the global market over the forecasted period. The main countries with major growth in OTC Analgesics market are United States, Germany, United Kingdom, Japan, Australia, Brazil, Canada South Korea and China.
Some of the major players in the global OTC Analgesics Market include Bayer, Johnson & Johnson, BoehringerIngelheim, Sun Pharma, Sanofi, Novartis, Reckitt Benckiser, GlaxoSmithKline PLC,Sunovion Pharmaceuticals, Pfizer and Takeda Pharma.
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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