(MoneyNewsWire.Net, August 11, 2017 ) Over the counter (OTC) drugs are the safe and effective drugs, which can be bought without doctors prescription, which are used for common ailments. Acetaminophen, aspirin and ibuprofen are the most common OTC drugs.
Browse market data tables and in-depth TOC of the Asia-Pacific Over the Counter (OTC) Drugs Market to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-over-the-counter-drugs-market-512/
This has become a big hit in Asia, due to easy accessibility, low cost, convenience and customer-empowering qualities. The increasing number of chemists and pharma dispensaries is making the drugs readily available, thus, making it feasible for the consumers.
With the pro-active approach shown by public in Asia-Pacific region, the OTC drugs are made lower-priced. This is a major point which is driving the market. The alarming issues of drug substance abuse and lack of awareness in under-developed areas are constraining the progress of the market.
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Asia-Pacific Over the Counter (OTC) Drugs Market: Segmentation Product Type Analgesics Cough, Cold and Flu Products Vitamins and Minerals Dermatological Products Gastrointestinal Products Ophthalmic Products Sleep Aid Products Weight Loss/Diet Products Others By Formulation Type Tablets Liquids Ointments Sprays Distribution Channels Pharmacies Supermarkets/Hypermarkets Convenience stores Others (Online Drug Stores)
Australia, Japan, China and India are the leading contributors to the Asia-Pacific OTC drugs market. In East Asia, Japan takes the lead followed by China, Hong Kong, South Korea, Singapore and Malaysia. Japanese market is forecasted to saturate soon due to economic stagnation. Increasing adoption of western lifestyles and growing prosperities is leading to increase in market size and OTC demand.
GlaxoSmithKline, Johnson and Johnson, Novartis, Bayer, Pfizer, Sanofi and Takeda are the leading companies that contribute to Asia-Pacific market.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-over-the-counter-drugs-market-512/inquire Reasons to buy Asia-Pacific Over the Counter (OTC) Drugs Market Report: Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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