OTC Consumer Health Products Market is Estimated to Grow at a CAGR of 3.1% During The Forecast Period (2016-2024)

Posted on 2018-07-19 by Goldstein Research in Healthcare // 0 Comments

New York, USA, 2018-Jul-19 — /EPR Network/ —According to Goldstein Research, the major driving factor is the personalization of consumer health that leads to the formidable shift toward lifestyle and wellness programs supported by a holistic approach to self-care. More than 60% of consumers are now always on and readily addressable yet the healthcare industry is just starting to use mobile and social channels as effective engagement channels. Global OTC consumer health products market outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe. Additionally, North America held the largest OTC consumer health products and the U.S. continues to dominate the OTC consumer health products market representing 30% of the overall industry at USD 38.9 billion in 2017.

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Market Segmentation

On the basis of our in-depth analysis, global 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

Based on Geography

North America (U.S. & Canada) OTC consumer health products Market {Market Share (%), Market Size(USD Billion)}
Latin America (Brazil, Mexico, Argentina & Rest of Latin America) OTC consumer health products Market {Market Share (%), Market Size(USD Billion)}
Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) OTC consumer health products Market {Market Share (%), Market Size(USD Billion)}
Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) OTC consumer health products Market {Market Share (%), Market Size(USD Billion)}
The Middle East & Africa (GCC, South Africa, North Africa, Rome) OTC consumer health products Market {Market Share (%), Market Size(USD Billion)}

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

Further, for the in-depth analysis, 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 market report also includes competitive outlook of some of the major players profiling of companies such as un Pharmaceuticals Ltd., Abbott Laboratories, GlaxoSmithKline plc, Pfizer, Inc., Johnson & Johnson, Piramal Enterprises Ltd., Ipsen, Sanofi S.A., Bayer AG, American Health. 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 global OTC consumer health products market trends along with a 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 Middle East 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 analysis reports helping various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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