세계의 OTC(Over-The-Counter) 진통제 시장 : 산업규모, 점유율, 동향, 기회 및 예측(2018년-2028년) - 의약품 유형별, 유통 채널별, 지역별, 경쟁

The Global Over-the-Counter (OTC) Analgesics Market reached a valuation of USD 19.07 Billion in 2022 and is poised for robust growth in the forecast period, with a projected Compound Annual Growth Rate (CAGR) of 8.00% and is expected to reach USD 30.16 Billion through 2028.

Introduction:

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Key Market Drivers:

1. Rising Aging Population and Chronic Conditions:

The global over-the-counter (OTC) analgesics market is influenced by two significant factors: the aging population and the prevalence of chronic conditions. Older individuals frequently require pain relief to manage chronic conditions, leading to sustained demand for OTC analgesics. Convenience, accessibility, and a desire to avoid potent prescription medications contribute to the preference for OTC analgesics among older individuals. Chronic conditions often result in ongoing pain and discomfort, driving consistent demand for pain relief medications, including OTC analgesics. These medications offer convenience and accessibility without the need for a prescription, making them a favored choice for managing daily pain associated with chronic conditions. Chronic conditions affect individuals across various age groups, expanding the market for OTC analgesics targeting chronic pain. Heightened awareness and education about chronic conditions drive demand for OTC analgesics as individuals proactively manage their pain. The United States, for instance, reported 4,998 injuries during the academic year 2021/22, creating a need for effective pain relief options among sports-related injuries.

2. Growing Consumer Awareness and Self-Care Trends:

Increasing consumer awareness and self-care trends significantly impact the global Over-the-Counter (OTC) analgesics market. These trends reflect changing consumer preferences and behaviors, influencing how individuals approach pain relief and overall well-being. Informed consumers seek to understand pain management options, encouraged by readily available health information through the internet and other sources. Self-care trends promote personal responsibility for health and well-being, leading individuals to manage minor health issues, such as pain, independently. OTC analgesics offer a convenient and accessible means for consumers to address pain without the need for a doctor's prescription. These medications are widely available in pharmacies, supermarkets, convenience stores, and online platforms. Modern lifestyles, characterized by busy schedules and increased stress, contribute to occasional pain and discomfort. OTC analgesics offer quick and effective solutions, enabling individuals to maintain productivity and quality of life. As consumer awareness grows, manufacturers can engage in targeted marketing campaigns to educate consumers about their OTC analgesic products' benefits and appropriate usage. Investments in research and development can lead to innovative products catering to specific pain relief needs.

3. Rising Healthcare Costs:

Increasing healthcare costs significantly influence the global Over-the-Counter (OTC) analgesics market. Escalating healthcare expenses drive individuals and healthcare systems to seek cost-effective solutions for managing minor health issues, including pain relief. OTC analgesics offer affordable alternatives to prescription medications for addressing mild to moderate pain. As healthcare costs rise, consumers may prefer OTC options, avoiding additional expenses associated with doctor visits, prescriptions, and co-pays. Rising healthcare costs may prompt individuals to turn to OTC analgesics for pain relief when immediate medical attention is unnecessary. These medications provide a cost-effective means to address pain, potentially conserving resources and preventing the escalation of minor pain into more serious health issues. OTC analgesics may be preferred, especially when insurance plans have high deductibles or limited coverage for non-prescription medications.

4. Product Innovation and Marketing:

Product innovation and marketing strategies play pivotal roles in driving the growth of the global Over-the-Counter (OTC) analgesics market. These factors influence consumer perceptions, preferences, and purchasing decisions, ultimately shaping market expansion. Innovative formulations and delivery methods enhance the effectiveness, speed, or convenience of pain relief offered by OTC analgesics. Examples include fast-dissolving tablets, patches, gels, and sprays, catering to diverse consumer preferences and needs. Tailoring OTC analgesics for specific types of pain, such as migraines or arthritis, attracts consumers seeking solutions aligned with their unique pain management requirements. Incorporating botanical ingredients with analgesic properties into OTC products addresses the preferences of health-conscious consumers seeking natural or herbal alternatives. Extended-release capabilities in OTC analgesics provide longer-lasting pain relief, reducing the need for frequent dosing.

Key Market Challenges:

1. Regulatory Scrutiny and Safety Concerns:

Regulatory scrutiny and safety concerns can impede the growth of the global Over-the-Counter (OTC) analgesics market. Regulatory agencies enforce stringent safety standards for OTC medications to ensure consumer well-being. Manufacturers must adhere to guidelines regarding active ingredients, dosages, and potential medication interactions. Regulatory authorities can restrict or remove products from the market if certain ingredients or formulations are deemed unsafe. Adverse events, unexpected side effects, or product recalls can erode consumer trust in OTC analgesic products, leading to decreased sales and heightened regulatory scrutiny, hindering market growth. Age restrictions or warnings for specific populations, such as children or pregnant women, can limit the target audience and reduce the overall market size. Comprehensive warning labels may also impact product use, raising consumer concerns.

2. Patent Expirations and Generic Competition:

Patent expirations and generic competition can hinder the growth of the global Over-the-Counter (OTC) analgesics market. Patent expiration enables generic manufacturers to produce and market equivalent versions of the drug, leading to increased competition. Generic drugs are typically priced lower than their brand-name counterparts, potentially reducing the market value as consumers switch to more affordable options. The perception of generic equivalence in terms of efficacy and safety can impact the market share of brand-name OTC analgesics, particularly when consumers opt for less expensive generic versions.

Key Market Trends:

1. Personalized Pain Relief Solutions:

Personalized pain relief solutions have the potential to significantly influence the growth of the global Over-the-Counter (OTC) analgesics market. Personalization involves tailoring products to individual needs and preferences, aligning with evolving healthcare and consumer trends. Customized solutions enable OTC analgesics to address specific pain types, such as migraines, menstrual pain, or joint discomfort, meeting diverse consumer needs and potentially increasing demand for specialized products. Personalization fosters consumer engagement by offering products designed for their unique requirements, encouraging product selection and brand loyalty.

2. Regulatory Shifts and Ingredient Scrutiny:

Regulatory shifts and increased scrutiny of OTC analgesic ingredients impact the global Over-the-Counter (OTC) analgesics market. Changes in regulations and ingredient assessments influence product formulation, labeling, and consumer perception. Stringent regulatory requirements may serve as barriers to entry for new entrants, potentially delaying the introduction of innovative products and hindering market growth. International regulatory shifts can standardize ingredient lists, safety standards, and labeling requirements, potentially limiting regional product variations. Regulatory shifts may necessitate additional testing and documentation to prove product safety and efficacy, increasing costs and delaying product launches. Ingredient scrutiny can affect supplier relationships, requiring alternative sources if restricted ingredients are used, impacting supply chains and product consistency.

Segmental Insights:

Drug Type Insights:

Within the drug type segment, Nonsteroidal Anti-inflammatory Drugs (NSAIDs) are expected to witness substantial market growth. Versatility in addressing various conditions, effectiveness in providing pain relief, and anti-inflammatory properties contribute to the appeal of NSAIDs among consumers seeking OTC pain relief options. Targeted marketing for specific pain types, such as menstrual pain or back pain, can attract consumers seeking tailored pain relief solutions.

End Use Insights:

The Retail Pharmacies segment has been dominant in the market, offering convenience and accessibility for consumers to purchase OTC analgesics. The widespread presence of retail pharmacy chains ensures quick access to pain relief products, with knowledgeable pharmacists providing guidance and recommendations. Online platforms of retail pharmacies expand accessibility, further contributing to market growth.

Regional Insights:

North America, particularly the United States, has been the leader in the Over-the-Counter (OTC) Analgesics Market in 2022. A large population, strong purchasing power, high prevalence of chronic pain conditions, and consumer awareness of health and wellness contribute to the dominance of North America in the market. The self-care trend and the convenience of OTC analgesics align with the lifestyle and preferences of North American consumers, further driving market growth. Well-developed retail pharmacy networks and e-commerce infrastructure enhance the accessibility of OTC analgesics in the region.

Key Market Players

• Bayer AG.
• Boehringer Ingelheim International GmbH
• Johnson & Johnson Services Inc
• GSK plc
• Pfizer Inc.
• Sanofi
• Sun Pharmaceutical Industries Ltd.
• Takeda Pharmaceutical Company Limited
• AstraZeneca
• Merck & Co Inc.

Report Scope:

In this report, the Global Over-the-Counter (OTC) Analgesics Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Over-the-Counter (OTC) Analgesics Market, By Drug Type:

• Acetaminophen
• Nonsteroidal Anti-inflammatory Drugs (NSAIDs)
• Salicylates
• Other Analgesics

Over-the-Counter (OTC) Analgesics Market, By Distribution Channel:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

Over-the-Counter (OTC) Analgesics Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia-Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE
• Kuwait
• Turkey
• Egypt

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Global Over-the-Counter (OTC) Analgesics Market.

Available Customizations:

• Global Over-the-Counter (OTC) Analgesics market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Over-the-Counter (OTC) Analgesics Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drugs (NSAIDs), Salicylates and Other Analgesics)
  • 5.2.2. By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
  • 5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)
  • 5.2.4. By Company (2022)
• 5.3. Market Map
  • 5.3.1 By Drug Type
  • 5.3.2 By Distribution Channel
  • 5.3.3 By Region

6. North America Over-the-Counter (OTC) Analgesics Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drugs (NSAIDs), Salicylates and Other Analgesics)
  • 6.2.2. By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Over-the-Counter (OTC) Analgesics Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Drug Type
      • 6.3.1.2.2. By Distribution Channel
  • 6.3.2. Canada Over-the-Counter (OTC) Analgesics Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Drug Type
      • 6.3.2.2.2. By Distribution Channel
  • 6.3.3. Mexico Over-the-Counter (OTC) Analgesics Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Drug Type
      • 6.3.3.2.2. By Distribution Channel

7. Europe Over-the-Counter (OTC) Analgesics Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drugs (NSAIDs), Salicylates and Other Analgesics)
  • 7.2.2. By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. France Over-the-Counter (OTC) Analgesics Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Drug Type
      • 7.3.1.2.2. By Distribution Channel
  • 7.3.2. Germany Over-the-Counter (OTC) Analgesics Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Drug Type
      • 7.3.2.2.2. By Distribution Channel
  • 7.3.3. United Kingdom Over-the-Counter (OTC) Analgesics Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Drug Type
      • 7.3.3.2.2. By Distribution Channel
  • 7.3.4. Italy Over-the-Counter (OTC) Analgesics Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Drug Type
      • 7.3.4.2.2. By Distribution Channel
  • 7.3.5. Spain Over-the-Counter (OTC) Analgesics Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Drug Type
      • 7.3.5.2.2. By Distribution Channel

8. Asia-Pacific Over-the-Counter (OTC) Analgesics Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drugs (NSAIDs), Salicylates and Other Analgesics)
  • 8.2.2. By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Over-the-Counter (OTC) Analgesics Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Drug Type
      • 8.3.1.2.2. By Distribution Channel
  • 8.3.2. India Over-the-Counter (OTC) Analgesics Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Drug Type
      • 8.3.2.2.2. By Distribution Channel
  • 8.3.3. Japan Over-the-Counter (OTC) Analgesics Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Drug Type
      • 8.3.3.2.2. By Distribution Channel
  • 8.3.4. South Korea Over-the-Counter (OTC) Analgesics Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Drug Type
      • 8.3.4.2.2. By Distribution Channel
  • 8.3.5. Australia Over-the-Counter (OTC) Analgesics Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Drug Type
      • 8.3.5.2.2. By Distribution Channel

9. South America Over-the-Counter (OTC) Analgesics Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drugs (NSAIDs), Salicylates and Other Analgesics)
  • 9.2.2. By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Over-the-Counter (OTC) Analgesics Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Drug Type
      • 9.3.1.2.2. By Distribution Channel
  • 9.3.2. Argentina Over-the-Counter (OTC) Analgesics Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Drug Type
      • 9.3.2.2.2. By Distribution Channel
  • 9.3.3. Colombia Over-the-Counter (OTC) Analgesics Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Drug Type
      • 9.3.3.2.2. By Distribution Channel

10. Middle East and Africa Over-the-Counter (OTC) Analgesics Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Drug Type (Acetaminophen, Nonsteroidal Anti-inflammatory Drugs (NSAIDs), Salicylates and Other Analgesics)
  • 10.2.2. By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Over-the-Counter (OTC) Analgesics Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Drug Type
      • 10.3.1.2.2. By Distribution Channel
  • 10.3.2. Saudi Arabia Over-the-Counter (OTC) Analgesics Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Drug Type
      • 10.3.2.2.2. By Distribution Channel
  • 10.3.3. UAE Over-the-Counter (OTC) Analgesics Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Drug Type
      • 10.3.3.2.2. By Distribution Channel

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Development
• 12.2. Mergers & Acquisitions
• 12.3. Product Launches

13. Global Over-the-Counter (OTC) Analgesics Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Business Overview
• 15.2. Product Offerings
• 15.3. Recent Developments
• 15.4. Financials (As Reported)
• 15.5. Key Personnel
• 15.6. SWOT Analysis
  • 15.6.1 Bayer AG.
  • 15.6.2 Boehringer Ingelheim International GmbH
  • 15.6.3 Johnson & Johnson Services Inc
  • 15.6.4 GSK plc
  • 15.6.5 Pfizer Inc.
  • 15.6.6 Sanofi
  • 15.6.7 Sun Pharmaceutical Industries Ltd.
  • 15.6.8 Takeda Pharmaceutical Company Limited
  • 15.6.9 AstraZeneca
  • 15.6.10 Merck & Co Inc.

16. Strategic Recommendations