250 Pages Capsule OTC Analgesics Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
According to Fact MR’s recent market research, sales of Capsule OTC Analgesics to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.
Focus on improving overall patient care will remain a chief growth driver. Besides this, Capsule OTC Analgesics market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.
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As per the latest industry analysis published by Fact.MR, the global OTC analgesics market was valued at around US$ 25 Bn in 2020, and is expected to accelerate at a CAGR of 5% through 2031. Demand for nonsteroidal anti-inflammatory drugs (NSAIDs) is set to increase at a CAGR of 4% across the assessment period of 2021 to 2031. Overall, the worldwide Over the Counter analgesics market is projected to expand 1.6X and top a valuation of US$ 40 Bn by 2031.
|Market Size Value in 2020||US$ 25 Bn|
|Market Forecast Value for 2031||US$ 40 Bn|
|Global Growth Rate (2021 to 2031)||5% CAGR|
|Share of Top 5 Companies||40%|
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Capsule OTC Analgesics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Capsule OTC Analgesics
The report offers actionable and valuable market insights of Capsule OTC Analgesics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Capsule OTC Analgesics Market across various industries and regions.
This newly published and insightful report sheds light on Market Insights of Capsule OTC Analgesics, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Capsule OTC Analgesics Market.
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Key Market Segments in OTC Analgesics Industry Research
By Form :
- OTC Analgesic Tablets
- OTC Analgesic Capsules
- OTC Analgesic Liquid
By Drug Type :
- OTC Acetaminophen
- OTC Salicylates
- OTC Nonsteroidal Anti-inflammatory Drugs (NSAIDs)
By OTC Channel :
- Sales of OTC Analgesics at Pharmacies
- Sales of OTC Analgesics at Drug Stores
- Online Sales of OTC Analgesics
- Modern Trade Sales of OTC Analgesics
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7 Prospects of the Global OTC Analgesics Market
- In terms of revenues, North America is expected to hold the largest share of the market, and will remain dominant in the global market for OTC analgesics over the forecast period.
- Europe will continue to be the second largest market for OTC analgesics, while the market in Japan is expected to register a relatively higher CAGR than the market in Europe through 2022.
- Pharmacy is expected to be the most lucrative OTC channel for OTC analgesics in the global market, followed by drug store and online store.
- Sales of OTC analgesics in online store and modern trade OTC channels are anticipated to register the highest CAGRs through 2022.
- In terms of revenues, tablet form of OTC analgesics is estimated to account for more than half share of the market throughout the forecast period. Tablet OTC analgesics will continue to be sought-after among consumers across the globe.
- Capsule is expected to remain the second largest adopted product form of OTC analgesics in the market, with sales exhibiting the highest CAGR through 2022.
- Key market players profiled in Fact.MR’s report on the global market for OTC analgesics include Johnson & Johnson Service, Inc., Reckitt Benckiser Group Plc., GlaxoSmithKline Plc., Novartis AG, AstraZeneca Plc., Sun Pharmaceuticals Industries Limited, and Pfizer Inc.
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Report Benefits & Key Questions Answered
- Capsule OTC Analgesics Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- Capsule OTC Analgesics Historical volume analysis: The report provides a comparison of Capsule OTC Analgesics’s historical sales and projected sales performance for 2021-2031.
- Capsule OTC Analgesics Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Capsule OTC Analgesics market. It carefully gauges the impact of changing healthcare needs of key demographics globally
- Capsule OTC Analgesics Consumption by demographics: The report investigates consumer behavior affecting Capsule OTC Analgesics demand outlook for the assessment period. Effect of their keenness for digital trends on Capsule OTC Analgesics market is carefully analyzed
- Post COVID consumer spending on Capsule OTC Analgesics: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Capsule OTC Analgesics market growth.
More Valuable Insights on Capsule OTC Analgesics Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Capsule OTC Analgesics, Sales and Demand of Capsule OTC Analgesics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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