HTF Market Intelligence released a new research report of 150 pages on title ‘Global Consumer Healthcare Products Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025’ with detailed analysis, forecast and strategies. The study covers key regions that includes North America, Europe or Asia and important players such as Pfizer,Inc. (United States), Bayer AG (Germany), Abbott Laboratories (United States), GlaxoSmithKline plc (United Kingdom), Sanofi S.A. (France), GSK (United Kingdom), Mylan (United States), Johnson & Johnson (United States) and Merck (United States), etc.
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Global Consumer Healthcare Products Market Overview:
Consumer Healthcare Products are deals with skin care, wellness, oral health, nutrition and others. This products are consists of over-the counter drugs that directly sold to customer without any prescription from a healthcare professional. Consumer Healthcare Products market is expected to mark significant growth over forecasted period owing to increasing self- medication and technological advancement. There has been significant rise in number of people suffer from allergy with figure stood up to 77% in United States alone in 2015, this figure indicate the future for consumer healthcare products looks promising. This result in rising popularity of tie-ups of regional players and escalating need for various nutritional supplements may trigger demand and help in industry expansion. According to AMA, the Global Consumer Healthcare Products market is expected to see growth rate of 3.8%
Market Drivers
• Increase in Demand of Self-Medication Leads to Boost the Market.
• Increasing Prevalence of Lifestyles Diseases Fuelled up the Consumer Healthcare Products Market.
Market Trend
• Rising Demands of Sports Nutrition Products
• Collaboration and Tie Up Of Leading Players
Restraints
• Direct Selling Or Door-To-Door Selling Hampers the Healthcare Products Market.
• Stiff Competition between the Major Players in term of Discounts and Incentives.
Opportunities
• Proliferation Usage of Smartphones and Social Media Reach Leads to Grow the Healthcare Products Market.
• Upsurge Demand Due to Vast Disposable Incomes of People in Developing Countries.
Challenges
• Limitation on Government Rules and Regulation are Anticipated to Challenge the Market.
• Fluctuation Of Raw Materials
Competitive Landscape:
Some of the key players profiled in the report are Pfizer,Inc. (United States), Bayer AG (Germany), Abbott Laboratories (United States), GlaxoSmithKline plc (United Kingdom), Sanofi S.A. (France), GSK (United Kingdom), Mylan (United States), Johnson & Johnson (United States) and Merck (United States). Additionally, following companies can also be profiled that are part of our coverage like Ipsen (France), Piramal Enterprises Ltd. (India), Sun Pharmaceuticals Ltd. (India) and Glenmark Pharmaceuticals Ltd. (India). Analyst at HTF MI see United States and United Kingdom Players to retain maximum share of Global Consumer Healthcare Products market by 2024. Considering Market by Distribution Channel, the sub-segment i.e. Departmental Stores will boost the Consumer Healthcare Products market.
Market Highlights:
In November 2018, P&G completely acquired Merck KGaA with a deal of 3.8 USD Billions. This acquisition is beneficial in providing broad range of OTC products to relieve muscle, joint and back pain, colds and headaches as well as products for supporting physical activity and mobility.
In August 2018, Abbott India launched around 100 products over next 5 years which is beneficial in providing existing therapy such as central nervous system, metabolics, vaccines and others. It also offers improved medications due to increased penetration of technology and insights.
“According to U.S. Food and Drug Administration (FDA), its delivers regulation upon nonprescription, or over-the-counter (OTC) medicine. The administration has found to be safe and effective for direct consumer use based on the label instructions and warnings. FDA requires a wider margin of safety for OTC medicines than for prescription drugs.”
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Consumer Healthcare Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Consumer Healthcare Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Consumer Healthcare Products Manufacturers, Consumer Healthcare Products Traders, End-Use Market Participants of Different Segments of Consumer Healthcare Products, Government and Research Organizations, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
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Strategic Points Covered in Table of Content of Global Consumer Healthcare Products Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Consumer Healthcare Products Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025market. (Introduction, Scope of the Report)Chapter 2: Exclusive – the basic information of the Global Consumer Healthcare Products Market Insights by Application, Product Type, Competitive Landsc
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