OVER THE COUNTER (OTC) ANALGESICS MARKET ANALYSIS

Regional Analysis

Global Over the Counter (OTC) Analgesics Market: Regional Insights

Based on geography, the global over the counter (OTC) analgesics market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the increasing prevalence of various diseases, rise in demand in topical analgesics, and growing geriatric population in the region. For instance, with increasing prevalence of chronic diseases, the consumption of over-the-counter (OTC) analgesic drugs is also increasing rapidly. In February 2020, the U.S. Food and Drug Administration approved three drugs for nonprescription, or over-the-counter (OTC), use through a process called a prescription (Rx)-to-OTC switch. The U.S. FDA approved Voltaren (topical analgesic) Arthritis Pain (diclofenac sodium topical gel, 1%) for the temporary relief of arthritis pain.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East and Africa: GCC Countries, Israel, Rest of Middle East, South Africa, North Africa, and Central Africa