Witnessing Huge Demand of Consumer Healthcare Market with top key players like Johnson & Johnson, Bayer Healthcare, GlaxoSmithKline, Sanofi, Pfizer, B…July 13, 2019
The global Consumer Healthcare Market to grow at a CAGR of +9% during the period 2018-2023.
Consumer healthcare deals with products in wellness, oral health, nutrition, and skin health. Consumer healthcare products mainly constitute over-the-counter (OTC) drugs that include medicines, which are sold directly to a consumer without a prescription from a healthcare professional.
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Top key Vendors
Johnson & Johnson, Bayer Healthcare, GlaxoSmithKline, Sanofi, Pfizer, Boehringer Ingelheim, Abbott Laboratories, Merck, Nestle, Novartis, Procter & Gamble, Amway, Danone, BASF, DSM, Mylan, Herbalife, Kellogg, American Health, Sun Pharma, Takeda Pharmaceuticals, Teva Pharmaceuticals, Taisho Pharmaceuticals & Mitsubishi Tanabe Pharma
The Consumer Healthcare Market includes high demand for self-medication, increased health care costs, and increased elderly population more susceptible to disease contraction, deterioration of mental health, and the transition from drug prescription to generic drugs. In addition, the approval of well-being and preventive medicine and the increase in disposable income further increase market growth. However, stringent government regulations and the presence of counterfeit drugs inhibit the market.
In addition, the Consumer Healthcare Market Report says fierce competition in the market is a major challenge. In addition, policy makers have a negative impact on the market, preferring local manufacturers for large pharmaceutical companies. Different techniques such as primary and secondary research methods have been used to discover, study and analyze the desired data. It highlights the existing scenario of recent businesses along with historical records to get crucial information.
To provide an effective business outlook, of Consumer Healthcare Market report with
Different case studies from various top-level industry experts, business owners, and policymakers have been included to get a clear vision about business methodologies to the readers. SWOT and Porter’s five model have been used for analyzing the Agriculture and Food Market on the basis of strengths, challenges and global opportunities in front of the businesses.
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Consumer Healthcare Market Key Segments:
- OTC Pharmaceuticals
- Dietary Supplements
By Distribution Network
- Departmental Stores
- Independent Retailers
- Pharmacies or Drugstores
- Specialist Retailers
- Supermarkets or Hypermarkets
Major Factors about the Report:
- Global Consumer Healthcare Market Overview
- Economic Impact on Market
- Market Competition
- Global Consumer Healthcare Market Analysis by Application
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect, Factors, Analysis
- Global Market Forecast