Indian OTC Analgesics Market Analysis


  • Type: Common Disease Area
  • Published : April 2021
  • Region: Asia
  • Country: India
  • Report ID : 1409

  • Format: PPT, PDF

Indian OTC Analgesics Market: Segmented By Route of Administration (Oral, Topical, Intramuscular administration, Intravenous), By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drug (NSAIDs), Salicylates, and Other Analgesics), By Distribution Channels (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) – Growth, Trends, and Forecasts (2019 – 2028)

SKU: 1409 Categories: ,

Report Overview

Indian OTC Analgesics size stood at around USD XX billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of XX% during the forecast period.

India has the 11th largest OTC Analgesics Market, continuously growing with the growth rate of XX%. Paracetamol is the commonly used OTC analgesic. Its analgesic property is analogous to that of aspirin and ibuprofen. It does not carry any anti-inflammatory effects. Paracetamol inhibits prostaglandin synthesis within the central nervous system. It is the first choice of analgesic for pain management. There is also the rapidly growing population, coupled with the fact that the middle class in India is expanding on a large scale, which may add critical mass to the population available to access OTC medication. The key factors propelling the growth of the Indian OTC Analgesics drugs market are the shift in consumer attitude toward self-medication, product innovations, and inclination of pharmaceutical companies toward OTC drugs from RX drugs.

Market Growth Drivers

The OTC analgesic market is increasing in demand because of topical analgesics, growth in the geriatric population, cost efficiency of OTC drugs, increasing the usage rate, and increasing use of off-label medications has led to easy pain management due to the availability of OTC analgesics. Major analgesic manufacturers and distributors are growing their product portfolio and geographical footprint to increase their stronghold in the global OTC analgesic market in the developed and developing markets. Owing to the rising geriatric population, affordability, and high accessibility of OTC analgesics, the market is expected to witness rapid growth over the forecast period.

1. Indian OTC Analgesics Market Overview………………………………………………..
A. Market Size
2. Market Growth Drivers…………………………………………………………………
A. Increasing Geriatric Population
B. Increasing Cost Efficiency of OTC Drugs
C. Easy Availability & Omnipresence of Pharmaceuticals Companies
3. Major OTC Analgesics drugs………………………..……………………………….
A. Acetaminophen
B. Nonsteroidal Anti-inflammatory Drugs (NSAID’s)
C. Salicylates
D. Others
4. OTC Analgesics Market Segmentation…………………………………………
A. By Route of Administration
I. Oral
II. Topical
III. Intramuscular
IV. Intravenous
B. By Drug Type
I. Acetaminophen
II. Nonsteroidal Anti-inflammatory Drug (NSAIDs)
III. Salicylates
IV. Other Analgesics
C. By Distribution Channels
I. Hospital Pharmacies
II. Online Pharmacies
III. Retail Pharmacies
5. OTC Analgesics Major Products Market Share…………………………
A. Key Findings
B. Market Analysis, Insights, and Forecast
6. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
7. Key Company Profiles…………………………………………………………………..
A. GlaxoSmithKline Company overview, Product & Services, Strategies & Financials
B. Sun Pharmaceuticals Company overview, Product & Services, Strategies & Financials
C. Cipla Company overview, Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………………
A. Policy changes and Reimbursement scenario
9. Factors Driving Future Growth………………………………………………
A. New Trends and Development of OTC analgesics market
B. Future Opportunities
10. Conclusion

Market Segmentation

By Route of Administration:

Based on the hormone type, the market can be segmented into oral, topical, intramuscular administration, and intravenous. The topical segment is anticipated to hold the majority market share in the forecasted period.

By Drug Type:

Based on Drug type, the market for OTC Analgesics is segmented into Acetaminophen, Nonsteroidal Anti-inflammatory Drug (NSAIDs), Salicylates, and Other Analgesics.

By Distribution channel:

Based on administration, the market for OTC Analgesics is segmented into Hospital, Online, and Retail Pharmacies. Retail pharmacies are expected to dominate the market. The hospital pharmacies segment is expected to maintain a relatively low growth rate in terms of revenue generated through the distribution of OTC drugs, as mainly the sale of OTCs takes place in the case of non-prescribed drugs, and it is relatively easy for most consumers to acquire these drugs either from retail pharmacies or online pharmacies.

 Major Players.

India is one of the emerging markets for OTC drugs and offers significant growth potential for the industry. The market is growing in India due to the increasing healthcare expenditure, unhealthy dietary habits, expanding population, and growing healthcare awareness. The major players in Indian Market are GlaxoSmithKline PLC, Emami Limited, Abbott Laboratories, Dabur India Limited, Reckitt Benckiser, Sun Pharmaceuticals Limited, Cipla, Takeda Pharmaceutical Company

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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