Latin America OTC Drugs Industry Size - USD 26.73 billion by 2021
Latin America OTC Drugs Industry to grow at a CAGR of 7.71% during 2016 to 2021 | Market Data Forecast
(EMAILWIRE.COM, October 07, 2017 ) According to the report Latin America OTC Drugs Industry, published by Market Data Forecast, The Industry in Latin America region has been estimated at USD 18.44 billion in 2016 and is projected to reach USD 26.73 billion by 2021, at a CAGR of 7.71% during the forecast period from 2016 to 2021. Brazil, Mexico and Argentina are the leading contributors to the Latin America OTC drugs Industry
Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a prescription from a healthcare professional, as compared to prescription drugs, which may be sold only to consumers possessing a valid prescription. Some drugs may be legally classified as over-the-counter (i.e. no prescription is required), but may only be dispensed by a pharmacist after an assessment of the patient's needs or the provision of patient education.
Browse Industry data tables and in-depth TOC of the Latin America OTC Drugs Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-over-the-counter-drugs-market-513/
Increasing adoption of western lifestyles and growing prosperities is leading to increase in Industry size and OTC demand. Promotion and Industrying initiatives will be a key trend for Industry growth in the forecast period for this region. The growing healthcare costs and an increase in the older population demand the need for better accessibility and affordability of healthcare services. Self-medication with non-prescription drugs play an important role in this and help in improving the accessibility and cost-benefits of healthcare services.
GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda are the leading companies that contribute to Latin America Industry.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-america-over-the-counter-drugs-market-513/request-sample
Key Points from Table of Contents
Overview
Executive Summary
Key Inferences
New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Latin America 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
Brazil
Mexico
Argentina
Rest of Latin America
Strategic Analysis
PESTLE analysis
Porters Five analysis
Industry Leaders' Analysis
Competitive Landscape
Avail discount @ http://www.marketdataforecast.com/market-reports/latin-america-over-the-counter-drugs-market-513/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 sksillset 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
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Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a prescription from a healthcare professional, as compared to prescription drugs, which may be sold only to consumers possessing a valid prescription. Some drugs may be legally classified as over-the-counter (i.e. no prescription is required), but may only be dispensed by a pharmacist after an assessment of the patient's needs or the provision of patient education.
Browse Industry data tables and in-depth TOC of the Latin America OTC Drugs Industry to 2021 @ http://www.marketdataforecast.com/market-reports/latin-america-over-the-counter-drugs-market-513/
Increasing adoption of western lifestyles and growing prosperities is leading to increase in Industry size and OTC demand. Promotion and Industrying initiatives will be a key trend for Industry growth in the forecast period for this region. The growing healthcare costs and an increase in the older population demand the need for better accessibility and affordability of healthcare services. Self-medication with non-prescription drugs play an important role in this and help in improving the accessibility and cost-benefits of healthcare services.
GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda are the leading companies that contribute to Latin America Industry.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/latin-america-over-the-counter-drugs-market-513/request-sample
Key Points from Table of Contents
Overview
Executive Summary
Key Inferences
New Developments
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Latin America 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
Brazil
Mexico
Argentina
Rest of Latin America
Strategic Analysis
PESTLE analysis
Porters Five analysis
Industry Leaders' Analysis
Competitive Landscape
Avail discount @ http://www.marketdataforecast.com/market-reports/latin-america-over-the-counter-drugs-market-513/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 sksillset 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