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.
Over the Counter (OTC) Analgesics Market Report Snapshots
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