DUBLIN–(BUSINESS WIRE)–The “Over-The-Counter Consumer Health Products Market Research Report by Indications, Distribution Channel, Region – Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation – Global Forecast 2023-2030” report has been added to ResearchAndMarkets.com’s offering.
The Global Over-The-Counter Consumer Health Products Market size was estimated at USD 42.02 billion in 2022, USD 43.94 billion in 2023, and is projected to grow at a CAGR of 4.71% to reach USD 60.74 billion by 2030.
Market Dynamics
Drivers
- Growing Popularity of Over the Counter Consumer Health Products
- Increasing Preference Towards Natural Medicinal Products and Supplements
- Surge in Disposable Income and Rise in the Spending on Non-Essential Products by Consumers
Restraints
- Rigid Regulatory Framework
Opportunities
- Ongoing Research and Development in the Healthcare Industry
- Growing Number of Strategic Alliances & Partnerships
Challenges
-
Lengthy Process of Product Approval
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies – USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.
Market Segmentation & Coverage:
- Based on Indications, the market is studied across Gastrointestinal Products, Nutritional Supplements, Oral Care Products, Skin Care Products, and Wound Care Management Products.
- Based on Distribution Channel, the market is studied across Hospital Pharmacy, Hypermarkets & Supermarkets, Independent Pharmacies & Retail Stores, and Online Sales.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Over-The-Counter Consumer Health Products Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Over-The-Counter Consumer Health Products Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The Global Over-The-Counter Consumer Health Products Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Over-The-Counter Consumer Health Products Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Over-The-Counter Consumer Health Products Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Over-The-Counter Consumer Health Products Market?
4. What is the competitive strategic window for opportunities in the Global Over-The-Counter Consumer Health Products Market?
5. What are the technology trends and regulatory frameworks in the Global Over-The-Counter Consumer Health Products Market?
6. What is the market share of the leading vendors in the Global Over-The-Counter Consumer Health Products Market?
7. What modes and strategic moves are considered suitable for entering the Global Over-The-Counter Consumer Health Products Market?
Companies Mentioned
- Abbott Laboratories
- Bayer AG
- Boehringer Ingelheim GmbH
- Cipla Limited
- Dr. Reddy’s Laboratories
- GlaxosmithKline PLC
- Glenmark Pharmaceuticals Ltd.
- Johnson & Johnson services, Inc.
- Koninklijke DSM N.V.
- Lonza Group Ltd.
- Pfizer, Inc.
- Piramal Enterprises Ltd.
- Reckitt Benckiser LLC
- Sanofi S.A.
- Sun Pharmaceuticals Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/az3bkk
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