The North American OTC drug market is anticipated to grow at a CAGR of 6.2% during the forecast period (2019-2025). The market growth is attributed to the increasing shift of pharma players towards the OTC landscape owing to the growing preference of consumers for OTC drugs. The people in countries such as the US and Canada prefer OTC medications before seeking any professional care for minor injuries and ailments.
Browse the full report description North American OTC Drugs Market Size, Share & Trends Analysis Report By Product Type (Analgesics & Pain Relievers; Cough, Cold & Flu Products; Vitamin & Mineral Supplements; Ophthalmic Products; and Others), By Distribution Channel (Retail & Supermarkets and Online Platform), and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/north-american-over-the-counter-otc-drugs-market
Moreover, a number of small and medium-sized players are emerging in the region and introducing novel drugs at lower prices. This tends to increase the adoption of OTC drugs and hence drives the growth of the North American OTC drugs industry. Moreover, the market growth is attributed to the increasing prevalence of unhealthy lifestyles coupled with the increasing consumption of junk food among the population. This leads to some of the minor ailments owing to which the people opt for OTC medications for self-treatment. This, in turn, drives the regional growth of the North American OTC drugs market.
Market Coverage
o By Product Type
o By Distribution Channel
o United States
o Canada
Key Questions Addressed by the Report
North America OTC Drugs Market Report Segment
By Product Type
By Distribution Channel
North America OTC Drugs Market Regional
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