Over the Counter (OTC) Drugs Market Size 2022 Top Companies, Share, Industry Growth Report, Analysis and Forecast till 2027
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According to the latest report by IMARC Group, titled " Global Over the Counter (OTC) Drugs Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027 ", the global over the counter (OTC) drugs market reached a value of US$ 148 Billion in 2021 . Looking forward, IMARC Group expects the market to reach a value of US$ 212.6 Billion by 2027 , exhibiting a CAGR of 6.44% during 2022-2027. Over-the-counter (OTC) drugs are medicines readily available without a prescription provided by a healthcare professional. These drugs are safe, effective, and well-tolerated when the consumer follows the directions of use on the label or as suggested by a physician. OTC drugs are used for treating conditions such as pain, cough, cold, diarrhea, constipation, acne, recurring migraine, and allergies that do not require direct consultation with a doctor. They also include dietary supplements that provide nutrient and non-nutrient chemicals in the human...