Europe OTC Drugs Industry is estimated to reach USD 36.65 billion by 2021 with a CAGR of 6.83% | Market Data Forecast
According to the report Europe OTC drugs Industry, published by Market Data Forecast, The Industry in Europe has been estimated at USD 26.34 billion in 2016 and is projected to reach USD 36.65 billion by 2021, at a CAGR of 6.83%
(EMAILWIRE.COM, August 23, 2017 ) OTC drugs are the safe and effective drugs used for common ailments, and can be bought at the pharmacies and local stores, over the counter, without doctor’s prescription. Acetaminophen, aspirin and ibuprofen are the most common OTC drugs.
Easy accessibility, low cost, convenience, customer-empowering qualities are the benefiting the OTC drugs Industry in Europe.
Browse Industry data tables and in-depth TOC of the Europe Over the Counter (OTC) Drugs Industry to 2021 @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/
In Europe, public started showing pro-active approach towards the ailments and are resorting to lower-priced alternatives due to raising costs in healthcare. The cultural shift in public towards self-reliance is helping the pharma firms gain major acquisitions. These are some of the drivers that are fueling the Industry growth. The Industry growth is hindered majorly due to the issue of drug substance abuse.
The European Industry is segmented based on product and geographically. The product Industry basically caters medicines in the categories like analgesics, cough, cold and flu products, dermatological products, gastrointestinal products, vitamins, minerals, weight loss products, sleep aids, ophthalmic products, smoking cession aids and other products. More than half of the Industry share belongs to categories like Analgesics, Cough, Cold & Flu, Dermatological and gastrointestinal categories.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/request-sample
In the EU, the major contributors to the Industry are Germany and France. Annual growth for developed nations is decreasing, while for the developing nations like Poland, the growth is stable. Ukraine and Bulgaria are the most rapidly developing Industrys. The governments in the EU are attempting to shift the costs to customers and are trying to save doctors’ and pharmacists’ resource costs.
GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda and are the top companies that contribute to North American OTC drugs Industry. Loss of patent protection is leading the companies switch to OTC.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/inquire
Key Points from Table of Contents
Overview
• Executive Summary
• Key Inferences
• New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Europe OTC Drugs Industry: Segmentation
• Product Type
o Analgesics
o Cough, Cold and Flu Products
o Vitamins and Minerals
o Dermatological Products
o Gastrointestinal Products
o Ophthalmic Products
o Sleep Aid Products
o Weight Loss/Diet Products
o Others
• By Formulation Type
o Tablets
o Liquids
o Ointments
o Sprays
• Distribution Channels
o Pharmacies
o SuperIndustrys/HyperIndustrys
o Convenience stores
o Others (Online Drug Stores)
Geographical Analysis
• U.K
• Spain
• Germany
• Italy
• France
Strategic Analysis
• PESTLE analysis
• Porter’s Five analysis
Industry Leaders' Analysis
Competitive Landscape
Avail discount @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/request-discount
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Easy accessibility, low cost, convenience, customer-empowering qualities are the benefiting the OTC drugs Industry in Europe.
Browse Industry data tables and in-depth TOC of the Europe Over the Counter (OTC) Drugs Industry to 2021 @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/
In Europe, public started showing pro-active approach towards the ailments and are resorting to lower-priced alternatives due to raising costs in healthcare. The cultural shift in public towards self-reliance is helping the pharma firms gain major acquisitions. These are some of the drivers that are fueling the Industry growth. The Industry growth is hindered majorly due to the issue of drug substance abuse.
The European Industry is segmented based on product and geographically. The product Industry basically caters medicines in the categories like analgesics, cough, cold and flu products, dermatological products, gastrointestinal products, vitamins, minerals, weight loss products, sleep aids, ophthalmic products, smoking cession aids and other products. More than half of the Industry share belongs to categories like Analgesics, Cough, Cold & Flu, Dermatological and gastrointestinal categories.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/request-sample
In the EU, the major contributors to the Industry are Germany and France. Annual growth for developed nations is decreasing, while for the developing nations like Poland, the growth is stable. Ukraine and Bulgaria are the most rapidly developing Industrys. The governments in the EU are attempting to shift the costs to customers and are trying to save doctors’ and pharmacists’ resource costs.
GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda and are the top companies that contribute to North American OTC drugs Industry. Loss of patent protection is leading the companies switch to OTC.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/inquire
Key Points from Table of Contents
Overview
• Executive Summary
• Key Inferences
• New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Europe OTC Drugs Industry: Segmentation
• Product Type
o Analgesics
o Cough, Cold and Flu Products
o Vitamins and Minerals
o Dermatological Products
o Gastrointestinal Products
o Ophthalmic Products
o Sleep Aid Products
o Weight Loss/Diet Products
o Others
• By Formulation Type
o Tablets
o Liquids
o Ointments
o Sprays
• Distribution Channels
o Pharmacies
o SuperIndustrys/HyperIndustrys
o Convenience stores
o Others (Online Drug Stores)
Geographical Analysis
• U.K
• Spain
• Germany
• Italy
• France
Strategic Analysis
• PESTLE analysis
• Porter’s Five analysis
Industry Leaders' Analysis
Competitive Landscape
Avail discount @ http://www.marketdataforecast.com/market-reports/europe-over-the-counter-drugs-market-511/request-discount
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results