OTC Pharmaceuticals Report 2020

Statista Consumer Market Outlook

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The Over-the-counter (OTC) Pharmaceuticals market comprises prescription-free medicines. They are common treatment for physicians and patients when it comes to minor diseases. The market is divided into six segments: Analgesics, Cough & Cold Remedies, Digestives & Intestinal Remedies, Skin Treatment, Vitamins & Minerals and Hand Sanitizer.

This report from the series of Consumer Market Outlook reports gives an overview of the OTC Pharmaceuticals market from an international perspective. Besides all relevant market figures like total and per capita revenues for the years from 2012 to 2025, we furthermore give detailed insights into current trends, key players and important background information on the OTC Pharmaceuticals market.

In general, the OTC Pharmaceuticals market is expected to grow at a CAGR of 4% between 2012 and 2025. All segments within the OTC Pharmaceuticals market are growing by more than 5% between 2019 and 2025. Particularly strong growth is expected in middle-income countries, as the infrastructure is being further expanded. But over-the-counter pharmaceuticals will continue to show high positive growth in OECD countries as well, as patients often receive preventive services. However, the Hand Sanitizer segment shows the highest growth potential and is expected to increase by 126% from 2019 until 2025, reaching US$7 billion in 2025.

The Cough & Cold Remedies and Analgesics segments together account for more than half of total revenue, especially due to the major sales of Aspirin, Paracetamol, Ibuprofen, and remedies against flu-like infections.

Note: CAGR: Compound Annual Growth Rate / average growth rate per year

  • Language: English
  • Released: December 2020
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