Cashing in on Wellness in the Over-the-Counter (OTC) Drugs Market
Are you primed to expand your over-the-counter drugs business beyond existing horizons? Explore the wealth of opportunities with Taevas’ global reach, expertise and network.
Growth Drivers
- Self-Medication Trends: The rising trend of self-medication for minor health issues reduces healthcare costs and drives the market for OTC drugs.
- Regulatory Shifts: A shift in regulatory policies, which move certain drugs from the prescription to the OTC category, provides a substantial boost to the market.
- Increasing Health Awareness: Growing consumer health consciousness, coupled with the desire for self-sufficient health management, stimulates market expansion.
$178.9 billion
By 2027
5.7%
CAGR
North America
Dominant region