Global OTC Analgesic Market Analysis


  • Type: Common Disease Area
  • Published : March 2021
  • Region: Worldwide
  • Country: Other
  • Report ID : 147

  • Format: PPT, PDF

Global OTC Analgesics Market by By Drug Types (Acetaminophen, Nonsteroidal Anti-Inflammatory Drug (Nsaids), Salicylates, And Others), By Distribution Channels (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, And Others) and by Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and Latin America) – Opportunity Analysis, Trends, and Forecasts (2019 – 2028)


Report Overview

The global oral OTC analgesics market is projected to expand at a CAGR of 4.61% during the forecast period, 2019 – 2028. The growth of the market is attributed to the increasing demand for topical analgesics.

Analgesics are the counter pain drugs which support in regulating a pain until and unless it is completely eliminated. OTC analgesic drugs are used by people without any need of prescription. Analgesics which do not require doctor’s prescription are classified as OTC analgesics. OTC analgesics are available in brand and generic preparations as tablets, capsules, creams, sprays, and patches. These OTC analgesics constitute three active ingredients namely paracetamol, ibuprofen, and aspirin.

Paracetamol is a most commonly used OTC analgesic. Its analgesic property is similar to that of aspirin and ibuprofen. It does not carry any anti-inflammatory effects. Paracetamol prevents prostaglandin synthesis within the central nervous system. It is the first choice of analgesic for pain management. Common side-effects associated with paracetamol are hypersensitivity, rare cases of blood dyscrasias (including thrombocytopenia and agranulocytosis). Aspirin is another common OTC analgesic. It is analgesic, antipyretic, antiplatelet, and anti-inflammatory. The inhibition of cyclooxygenase results in analgesic effect of aspirin. Incompatible effects of aspirin are epigastric pain, gastrointestinal ulceration, nausea and vomiting, hypersensitivity, and gout.

Market Drivers

Increasing demand of topical analgesics, which are available as pain-relieving creams, lotions, rubs, gels, and sprays, has increased the sales of analgesics by 18 percent. According to Kline Non-prescription Drugs US report, increasing geriatric population worldwide, will generate the demand for pain relief products. According to the US Census Bureau, between 2012 and 2050, the United States will experience considerable growth in its older population. Thus, the growth in geriatric population is driving the growth of the global OTC analgesics market.

Additionally, the cost efficiency of OTC analgesics drugs is also responsible for fuelling the growth of the market.

  1. Global OTC Analgesics Market Overview…………………………………………………….
    1. Market Size
  2. Market Growth Drivers……………………………………………………..……………….
    1. Cost- Effectiveness and easy availability of drugs
    2. Increasing geriatric population
    3. Rising demand for OTC analgesics
  3. Market Restraints……………………………………………………………………………..
    1. Various Side effects associated with the use of these drugs and strict regulations
  4. OTC Analgesics Market Segmentation…………….………………………………………….
    1. By Drug Class
      1. Acetaminophen
      2. Nonsteroidal Anti-Inflammatory Drug (Nsaids)
      3. Salicylates
      4. Others
    2. By Distribution Channels
      1. Hospital Pharmacies
      2. Retail Pharmacies
      3. Online Pharmacies
      4. Others
    3. By Geography
      1. North America Market Analysis
      2. Europe Market Analysis
      3. Asia-Pacific Market Analysis
      4. Latin America, Middle-East and Africa Market Analysis
  5. OTC Analgesics Drugs Market Share……………………………………………………
    1. Key Findings
    2. Market Analysis, Insights and Forecast
  6. Competitive Landscape………………………………………………………….………….
    1. Major Players
    2. Products in Pipeline
  7. Key Company Profiles……………………………………………………………………….
    1. Johnson & Johnson Company overview, Product & Services, Strategies & Financials
    2. Sanofi Company overview, Product & Services, Strategies & Financials
    3. Sun Pharmaceutical Company, Product & Services, Strategies & Financials
  8. Potential Growth Opportunities………………………………………………..………….
    1. Advancements in drug development
    2. Untapped markets in developing economies
  9. Factors Driving Future Growth……………………………………………………………
    1. Key Industry Developments of OTC Analgesics market
    2. Future Opportunities
  10. Conclusion

Market Segmentation

By Drug Class:

Based on drug types, the market is divided into acetaminophen, nonsteroidal anti-inflammatory drug (NSAIDS), salicylates, and others. The acetaminophen segment holds a major share of the market due to a smaller number of side-effects compare to the other types of drugs. These drugs are also safe for children and has a strong effect on the pain. The nonsteroidal anti-inflammatory drug (NSAIDS) segment holds a significant share of the market and is expected to continue the trend during the forecast period.

By Distribution Channel:

In terms of distribution channels, the market is segmented into hospital pharmacies, retail pharmacies, online pharmacies, and others. The retail pharmacies segment holds a major share of the market and is estimated to continue its dominance during the forecast period. In the US, there are more than 7,50,000 retail pharmacy outlets including both rural and urban area where people have 24/7 access for medications on everyday conditions. Most of the patients are adopting self-medications without consulting a doctor, which, in turn, driving the growth of the retail pharmacies segment. According to the Consumer Healthcare Products Association, it was projected that about 93% people in the US prefer to treat their minor illnesses with OTC drugs before looking for a physician. Easy accessibility, cost effectivity, and growing geriatric population are anticipated to fuel the growth of the segment during the forecast period. The online pharmacies segment is projected to grow at a rapid pace during the forecast period due to decent discounts, easy payment policies, and free home delivery by many players.

By Region:

On the basis of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America holds a major share of the market due to presence of large number of OTC drug manufacturers, high demand for OTC analgesics, and awareness about OTC medications in the region. Europe holds a significant share of the market. The market in Asia Pacific is expected to grow at a high pace and provide beneficial opportunities to the market due to increase in the disease cases, rise in the R&D, and growth in competitive landscape in the region. The market in Middle East & Africa and Latin America is anticipated to grow during the forecast period due to development in healthcare infrastructure and mergers & acquisitions of players in the region.

Top 5 Major Players

The market is highly competitive with the presence of many small and large market players. Some of the market players include GlaxoSmithKline PLC, Sanofi, Sun Pharmaceutical Industries Ltd, Johnson & Johnson, Bayer AG, Pfizer Inc., Reckitt Benckiser Group PLC, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim International, AstraZeneca PLC, and Novartis AG.

Key players are involved into new drug development and its launching along with mergers and partnerships to sustain their positions in the market.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

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The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

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