(PharmaNewsWire.Com, February 13, 2024 ) As per Maximize Market research, US Over The Counter Pharmaceuticals Market was USD 42.50 Billion in 2023 and is expected to grow at a CAGR of 5.6 percent over the forecast period to reach USD 62.24 Billion by 2030.
US Over The Counter Pharmaceuticals Market Report Scope and Research Methodology
The report provides a strategic analysis of the US Over The Counter Pharmaceuticals Market analysis from top key players including market share, size, major drivers, challenges, and opportunities. The report included primary and secondary research methodology, where industry experts were interviewed, and data were gathered from various sources such as company websites, annual reports, and press releases.
US Over The Counter Pharmaceuticals Market Dynamics
The US Over The Counter (OTC) Pharmaceuticals Market is propelled by factors such as increasing consumer awareness, a preference for self-medication, easy accessibility, and a robust healthcare infrastructure.
US Over The Counter Pharmaceuticals Market Segment Analysis
Based on product type the Cough, Cold, and Flu Products segment held the largest market share in 2023. Rising health consciousness and the availability of diverse OTC products and self-medicine practices further drive segment growth in the market.
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