North America OTC Consumer Health Products Market: Ageing Demographics in US and Canada

North America OTC Consumer Health Products Market

New York, USA, 2018-Apr-30 — /EPR Network/ — According to Goldstein Research, North America OTC consumer health products market is expected to reach USD 49.0 billion by the end of 2025, growing at a CAGR of 2.76% over the forecast period, 2017-2025. The personalization of consumer health that leads to formidable shift toward lifestyle and wellness programs supported by a holistic approach to self-care is driving the growth of North America OTC consumer health products market. North America OTC consumer health products market segmentation has been done on the basis of product type, distribution channel and geography. Based on product type, cough cold & allergy remedies segment lead the OTC consumer health products and accounted for the market share of 35% in 2017 due to increasing awareness among the population regarding the potential benefits of using the OTC drugs. North America OTC consumer health products market is dominated by United States U.S. representing 30% of the overall industry at USD 38.9 billion in 2017. In Canada, 75% of the adults use OTC medicine as the first response to minor health ailments and that nearly 60% of the parents give their children OTC medicine to treat an immediate medical symptom.

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Market Segmentation

On the basis of our in-depth analysis, North America OTC Consumer Health Products Market can be segmented as follows:

By Product Type

  • Nutrition
  • Oral Healthcare
  • Skin Health
  • Vitamins & Dietary Supplements
  • Herbal & Traditional Products
  • Wound Care
  • Digestive Remedies
  • Sleep Aids
  • Emergency Contraception
  • Cough Cold & Allergy Remedies
  • Analgesics
  • Dermatological
  • Eye Care
  • Smoking Cessation Aids

By Distribution Channel

  • Online Stores
  • Offline Stores
  • Departmental Stores
  • Pharmacy Stores
  • Others

By Country

  • United States OTC Consumer Health Product Market {Market Share (%), Market Size (USD Billion)}
  • Canada OTC Consumer Health Product Market {Market Share (%), Market Size (USD Billion)}

“North America OTC Consumer Health Products Market Outlook 2024” contains detailed overview of the North America OTC consumer health products market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type and distribution channel.

Further, for the in-depth analysis, North America OTC Consumer Health Products Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This  industry research report also includes competitive outlook of some of the major players profiling of companies such as Sun Pharmaceuticals Ltd., Abbott Laboratories, GlaxosmithKline plc, Pfizer, Inc., Johnson & Johnson, Piramal Enterprises Ltd., Ipsen, Sanofi S.A., Bayer AG, American Health, Boehringer Ingelheim, Novartis, PGT healthcare, Takeda, Glenmark Pharmaceuticals Ltd., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the North America OTC consumer health products market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the North America and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on healthcare industry research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
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(Global Sales Head)
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sales@goldsteinresearch.com

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