New Report Forecasts OTC Drugs Sales to Double by 2023

(live-PR.com) - Piribo, the online destination for business intelligence for the biotech and pharmaceutical industry, has now added a report which forecasts that OTC pharmaceutical sales will double by 2023.

“The World OTC Pharmaceutical Market Analysis & Forecasts, 2008-2023”, which is available at www.piribo.com/search/results.html?k=+VIS074&x=0 .. finds that in difficult times for the global pharmaceutical industry, OTC sales will become increasingly important

The report emphasises

 

the shift from prescription-only to OTC drugs and contains sales figures of the highest selling OTC drugs. It also identifies possible future OTC switching candidates and analyses the forces that influence the OTC market.

The publication predicts that sales of existing OTC products will rise. Simultaneously,
changes in retail patterns and new ways of advertising will open up access
to OTC drugs. This is at a time when a well-educated public which is ever more interested in self-medication will play an important role in increased use of OTC products.

The report finds that in the period from 2008 to 2023, the worldwide OTC market will see a remarkable period of dynamic change. Ageing populations and rising incidence of lifestyle diseases, as well as the need to reduce healthcare costs, will open up new therapeutic areas for OTC switching.

Authors of the report focus on:

. Major therapeutic areas treated by OTC products

. Key industrial players in the OTC market

. Financial forecasts covering the period 2008-2023, including
leading brands, countries and therapeutic areas

. Geographical breakdown of the market

. Sales of the highest-selling OTC brands and other relevant
information

The 90-page study analyses the worldwide OTC market, breaking down present and forecasted sales revenues into leading therapeutic categories and national markets. It also provides forecasts for leading OTC brands.

“The World OTC Pharmaceutical Market Analysis & Forecasts, 2008-2023” is available in pdf format from Piribo.

For more information, go to:
www.piribo.com/publications/otc/world_otc_pharma ..
Piribo product ID: VIS074

About Piribo.
Piribo (http:www.piribo.com) is a UK-based independent online store supplying business information on the pharmaceutical and biotechnology industries. The website now carries over 10,000 English language titles including, market reports, studies and books and is the UK’s largest online biopharma information store. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. The company was established in 2004.