LONDON–(BUSINESS WIRE)–#GlobalOvertheCounterOTCAnalgesicsMarket–Technavio has been monitoring the over the counter (OTC) analgesics market and it is poised to grow by USD 5.85 bn during 2020-2024, decelerating at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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What are the major trends in the market?
Growing number of merger and acquisition (M&A) activities is a major trend driving the growth of the market -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 6.98% and the incremental growth of the market is anticipated to be $ 5.85 bn -
Who are the top players in the market?
Bayer AG, Cipla Inc., GlaxoSmithKline Plc, Johnson & Johnson, Perrigo Co. Plc, Pfizer Inc., Piramal Enterprises Ltd. (Read more…), Reckitt Benckiser Group Plc, Sanofi, and Sun Pharmaceutical Industries Ltd., are some of the major market participants. -
What are the key market drivers and challenges?
The increasing prevalence of pain-related conditions is one of the major factors driving the market. -
How big is the Asia market?
The Asia region will contribute 38% of the market share
The market is concentrated, and the degree of concentration will decelerate during the forecast period. Bayer AG, Cipla Inc., GlaxoSmithKline Plc, Johnson & Johnson, Perrigo Co. Plc, Pfizer Inc., Piramal Enterprises Ltd., Reckitt Benckiser Group Plc, Sanofi, and Sun Pharmaceutical Industries Ltd. are some of the major market participants. The increasing prevalence of pain-related conditions will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Over the Counter (OTC) Analgesics Market 2020-2024: Segmentation
Over the Counter (OTC) Analgesics Market is segmented as below:
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Type
- Internal OTC Analgesics
- External OTC Analgesics
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Geography
- North America
- Europe
- Asia
- ROW
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Over the Counter (OTC) Analgesics Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The over the counter (OTC) analgesics market report covers the following areas:
- Over the Counter (OTC) Analgesics Market Size
- Over the Counter (OTC) Analgesics Market Trends
- Over the Counter (OTC) Analgesics Market Industry Analysis
This study identifies growing number of merger and acquisition (M&A) activities as one of the prime reasons driving the Over the Counter (OTC) Analgesics market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Over the Counter (OTC) Analgesics Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist over the counter (OTC) analgesics market growth during the next five years
- Estimation of the over the counter (OTC) analgesics market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the over the counter (OTC) analgesics market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of over the counter (OTC) analgesics market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Type
- Market segments
- Comparison by Type
- Internal – Market size and forecast 2019-2024
- External – Market size and forecast 2019-2024
- Market opportunity by Type
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Asia – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- ROW – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Bayer AG
- Cipla Inc.
- GlaxoSmithKline Plc
- Johnson & Johnson
- Perrigo Co. Plc
- Pfizer Inc.
- Piramal Enterprises Ltd.
- Reckitt Benckiser Group Plc
- Sanofi
- Sun Pharmaceutical Industries Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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