Executive Summary
According to a research report published by Azoth Analytics in August 2022, the global OTC topical drugs market was valued at USD 44.6 billion in the year 2021. The global OTC Topical Drugs Market is driven by an increasing number of skin diseases and the prevalence of musculoskeletal pain across the globe. In addition, an increase in health expenditure, a growing population, an increasingly ageing population, and increasing disposable income in several developing countries are the factors anticipated to propel the growth of the global OTC topical drugs market.
Additionally, life expectancy has increased due to various health care reforms in major economies such as the U.S., Japan, and China. This is likely to drive demand for many OTC topical drugs for Otic, ophthalmic, Skin diseases and chronic pain conditions which are highly prevalent in the ageing population. Asia-Pacific region is anticipated to grow at the fastest rate during the forecast period owing to the rising investments in the healthcare industry by private companies in developing countries such as China and India.
The leading pharmaceutical companies in the OTC Topical Drugs market are focusing on introducing and receiving medical approval for famous prescription topical drugs under the OTC category with the same dosage form, population, and route of administration. This strategy reduces crowding in the prescription portfolio of the company and brings new products to the OTC category, as well as extending the market life of mature prescription drugs. In the last three years, around eight prescription drugs have been approved for OTC by the U.S. FDA including the latest approval of Nasonex 24HR Allergy in March 2022.
Scope of the Report
• The report presents the analysis of the OTC Topical Drugs Market for the historical period of 2018-2021, the estimated year of 2022 and the forecast period of 2023-2028.
• The report analyses the OTC Topical Drugs Market by Value (USD Million).
• The report analyses the OTC Topical Drugs Market by Drug Class (Antibiotics, Analgesics, Astringent, Antifungal, Antipruritic, Others).
• The report analyses the OTC Topical Drugs Market By Indication (Skin Disease Management, Pain Management, Eye and Ear care, Others)
• The report analyses the OTC Topical Drugs Market by End User (Personal Care, Hospitals and clinics and others).
• The report analyses the OTC Topical Drugs Market by Formulation (Cream, Gel, Lotion, Others).
• The report analyses the OTC Topical Drugs Market by Distribution Channel (Offline, Online).
• The Global OTC Topical Drugs Market has been analysed By Region (Americas, Europe, Asia Pacific, and MEA).
• The Global OTC Topical Drugs Market has been analysed By Country (United States, Canada, Brazil, Germany, U.K, France, Spain, China, Japan, India, and South Korea).
• The key insights of the report have been presented through the leading company shares. Also, the attractiveness of the market has been presented by region, by Drug Class, by Indication, by End User, by Formulation, and by Distribution Channel.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, and recent developments. The companies analysed in the report include Pfizer, Johnson and Johnson, Gsk plc, Glenmark Pharmaceuticals Ltd, Bayer, Piramal, Novartis AG, Beiersdorf, Teva Pharmaceuticals, Sanofi,
Key Target Audience
• OTC Topical Drugs Manufacturers & Distributors
• End Users (Consumer healthcare companies, Hospitals and clinics)
• Research and Development (R&D) Organizations
• Government Bodies & Regulating Authorities
• Investment Banks and Equity Firms
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global OTC Topical Drugs Market: Product Overview
4. Global OTC Topical Drugs Market: An Analysis
4.1. Assessment of Macro-Economic Indicators of Global OTC Topical Drugs Market
4.2. OTC Topical Drugs Market
4.3 Market Size, By Value, 2018-2028
4.4 Global OTC Topical Drugs Market: Growth and Forecast
4.5 Impact of COVID-19 on Global OTC Topical Drugs Market
5. Global OTC Topical Drugs Market: Segment Analysis By Drug Class
5.1 Global OTC Topical Drugs Market Segmentation, By Drug Class
5.2 Competitive Positioning of OTC Topical Drugs Market: By Drug Class (2021 & 2028)
5.3 By Antibiotics, By Value (USD Million), 2018-2028
5.4 By Antifungals, By Value (USD Million), 2018-2028
5.5 By Astringents, By Value (USD Million), 2018-2028
5.6 By Antipruritic, By Value (USD Million), 2018-2028
5.7 By Analgesic, By Value (USD Million), 2018-2028
5.8 By Others, By Value (USD Million), 2018-2028
6. Global OTC Topical Drugs Market: Segment Analysis By Indication
6.1 Global OTC Topical Drugs Market Segmentation, By Indication
6.2 Competitive Positioning of Global OTC Topical Drugs Market, By Indication (2021 & 2028)
6.3 By Skin Disease Management, By Value (USD Million), 2018-2028
6.4 By Pain Management, By Value (USD Million), 2018-2028
6.5 By Eye and Ear Care, By Value (USD Million), 2018-2028
6.6 By Others, By Value (USD Million), 2018-2028
7. Global OTC Topical Drugs Market: Segment Analysis By End User
7.1 Global OTC Topical Drugs Market Segmentation, By End User
7.2 Competitive Positioning of Global OTC Topical Drugs Market, By End User (2021 & 2028)
7.3 By Hospitals and Clinics, By value (USD Million), 2018-2028
7.4 By Personal Care, By Value (USD Million), 2018-2028
7.5 By Others, By Value (USD Million), 2018-2028
8. Global OTC Topical Drugs Market: Segment Analysis By Formulation
8.1 Global OTC Topical Drugs Market Segmentation, By Formulation
8.2 Competitive Positioning of Global OTC Topical Drugs Market, By Formulation (2021 & 2028)
8.3 By Creams, By Value (USD Million), 2018-2028
8.4 By Gels, By Value (USD Million), 2018-2028
8.5 By Lotion, By Value (USD Million), 2018-2028
8.6 By Others, By Value (USD Million), 2018-2028
9. Global OTC Topical Drugs Market: Segment Analysis
9.1 Global OTC Topical Drugs Market Segmentation, By Distribution Channel
9.2 Competitive Positioning of Global OTC Topical Drugs Market, By End User (2021 & 2028)
9.3 By Online Distribution, By Value (USD Million), 2018-2028
9.4 By Offline Distribution, By Value (USD Million), 2018-2028
10. Global OTC Topical Drugs Market: Regional Analysis
10.1 Competitive Positioning of Global OTC Topical Drugs Market: By Region (2021 & 2028)
11. Americas OTC Topical Drugs Market: An Analysis (2018-2028)
11.1 Assessment of Macro-Economic Indicators of Americas OTC Topical Drugs Market
11.2 Americas OTC Topical Drugs Market
11.3 Americas OTC Topical Drugs Market- Size and Forecast, By Value (2018-2028)
11.4 Americas OTC Topical Drugs Market: Prominent Companies
11.5 Americas OTC Topical Drugs Market: Segment Analysis
11.6 Market Segmentation By Drug Class (Antibiotics, Antifungals, Astringents, Antipruritic, Analgesics, Others)
11.7 Market Segmentation By Indication (Skin Disease, Pain Management, Eye and Ear Care, Others)
11.8 Market Segmentation By End User (Hospitals and Clinics, Personal Care, Others), By Value
11.9 Market Segmentation By Formulation (Creams, Gels, Lotions, Others), By Value
11.10 Market Segmentation By Distribution Channel (Online, Offline, Others), By Value
11.12 Americas Heated Tobacco Products Market: Country Analysis
11.13 Market Opportunity Chart of Americas OTC Topical Drugs Market - By Country, By Value (Year-2028)
11.14 Competitive Positioning of Americas OTC Topical Drugs Market Market - By Country
11.15 United States OTC Topical Drugs Market: Size and Forecast (2018-2028)
11.16 United States OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
11.17 Canada OTC Topical Drugs Market: Size and Forecast (2018-2028)
11.18 Canada OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
11.19 Brazil OTC Topical Drugs Market: Size and Forecast (2018-2028)
11.20 Brazil OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
12. Europe OTC Topical Drugs Market: An Analysis (2018-2028)
12.1 Assessment of Macro-Economic Indicators of Europe OTC Topical Drugs Market
12.2 Europe OTC Topical Drugs Market
12.3 Europe OTC Topical Drugs Market by value: Size and Forecast (2018-2028)
12.4 Europe OTC Topical Drugs Market: Prominent Companies
12.5 Europe OTC Topical Drugs Market: Segment Analysis
12.6 Market Segmentation By Drug Class (Antibiotics, Antifungals, Astringents, Antipruritic, Analgesics, Others)
12.7 Market Segmentation By Indication (Skin Disease, Pain Management, Eye and Ear Care, Others)
12.8 Market Segmentation By End User (Hospitals and Clinics, Personal Care, Others), By Value
12.9 Market Segmentation By Formulation (Creams, Gels, Lotions, Others), By Value
12.10 Market Segmentation By Distribution Channel (Online, Offline, Others), By Value
12.11 Europe Heated Tobacco Products Market: Country Analysis
12.12 Market Opportunity Chart of Europe Heated Tobacco Products Market - By Country, By Value (Year-2028)
12.13 Competitive Positioning of Europe Heated Tobacco Products Market - By Country
12.14 Germany OTC Topical Drugs Market: Size and Forecast (2018-2028)
12.15 Germany OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
12.16 United Kingdom OTC Topical Drugs Market: Size and Forecast (2018-2028)
12.17 United Kingdom OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
12.19 France OTC Topical Drugs Market: Size and Forecast (2018-2028)
12.20 France OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
12.21 Spain OTC Topical Drugs Market: Size and Forecast (2018-2028)
12.22 Spain OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
13. APAC OTC Topical Drugs Market: An Analysis (2018-2028)
13.1 Assessment of Macro-Economic Indicators of APAC OTC Topical Drugs Market
13.2 APAC OTC Topical Drugs Market
13.3 APAC OTC Topical Drugs Market by value: Size and Forecast (2018-2028)
13.4 APAC OTC Topical Drugs Market: Prominent Companies
13.5 APAC OTC Topical Drugs Market: Segment Analysis
13.6 Market Segmentation By Drug Class (Antibiotics, Antifungals, Astringents, Antipruritic, Analgesics, Others)
13.7 Market Segmentation By Indication (Skin Disease, Pain Management, Eye and Ear Care, Others), By Value
13.8 Market Segmentation By End User (Hospitals and Clinics, Personal Care, Others), By Value
13.9 Market Segmentation By Formulation (Creams, Gels, Lotions, Others), By Value
13.10 Market Segmentation By Distribution Channel (Online, Offline, Others), By Value
13.12 APAC Heated Tobacco Products Market: Country Analysis
13.13 Market Opportunity Chart of APAC Heated Tobacco Products Market - By Country, By Value (Year-2028)
13.14 Competitive Positioning of APAC Heated Tobacco Products Market - By Country
13.15 China OTC Topical Drugs Market: Size and Forecast (2018-2028)
13.16 China OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
13.17 Japan OTC Topical Drugs Market: Size and Forecast (2018-2028)
13.18 Japan OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
13.19 India OTC Topical Drugs Market: Size and Forecast (2018-2028)
13.20 India OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
13.21 South Korea OTC Topical Drugs Market: Size and Forecast (2018-2028)
13.22 South Korea OTC Topical Drugs Market Segmentation By Drug Class, By Indication and By End User, By Formulation, By Distribution Channel (2018-2028)
14. Middle East and Africa OTC Topical Drugs Market: An Analysis (2018-2028)
14.1 Assessment of Macro-Economic Indicators of MEA OTC Topical Drugs Market
14.2 Middle East and Africa OTC Topical Drugs Market by value: Size and Forecast (2018-2028)
14.3 Market Segmentation By Drug Class (Antibiotics, Antifungals, Astringents, Antipruritic, Analgesics, Others)
14.4 Market Segmentation By Indication (Skin Disease, Pain Management, Eye and Ear Care, Others), By Value
14.5 Market Segmentation By End User (Hospitals and Clinics, Personal Care, Others), By Value
14.6 Market Segmentation By Formulation (Creams, Gels, Lotions, Others), By Value
14.7 Market Segmentation By Distribution Channel (Online, Offline, Others), By Value
15. Global OTC Topical Drugs Market Dynamics
15.1 Global OTC Topical Drugs Market Drivers
15.2 Global OTC Topical Drugs Market Restraints
15.3 Global OTC Topical Drugs Market Trends
16. Market Attractiveness and Strategic Analysis
16.1 Market Attractiveness Chart of Global OTC Topical Drugs Market - By Drug Class (2028)
16.2 Market Attractiveness Chart of Global OTC Topical Drugs Market - By Indication (2028)
16.3 Market Attractiveness Chart of Global OTC Topical Drugs Market - By End User (2028)
16.4 Market Attractiveness Chart of Global OTC Topical Drugs Market - By Formulation (2028)
16.5 Market Attractiveness Chart of Global OTC Topical Drugs Market - By Distribution Channel (2028)
16.6 Market Attractiveness Chart of Global OTC Topical Drugs Market - By Region (2028)
17. Competitive Landscape
17.1 Market Share of global leading companies
18. Company Profiles (Business Description, Financial Analysis, Business Strategy)
18.1 Pfizer
18.2 Johnson & Johnson
18.3 GSK plc.
18.4 Glenmark Pharmaceuticals Ltd.
18.5 Bayer
18.6 Piramal
18.7 Novartis
18.8 Beiersdorf
18.9 Teva Pharmaceuticals
18.10 Sanofi
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