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Consumers are increasingly in charge of their decisions as they begin to recognize the better outcomes that come with it, they pay more out-of-pocket, and they have a number of options fueled by innovation in the industry. The battleground is gaining clarity, as payers and providers compete with one another at each consumer journey stage, from initial engagement, to education, to ongoing dialogue. Cipla Health increased the size its consumer health product portfolio by launching pipeline products in child nutrition, gastrointestinal, pain and analgesic, cough and cold, and nutritional supplements.<br><br>
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Global OTC Consumer Health Product Market Outlook Global OTC Consumer Health Product Market Outlook 2024: Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India Report Code :HC 1335 www.goldsteinresearch.com +1-646-568-7747 +1-437-886-1181 +44-203-318-6627 +91-120-473-0422, +91-991-071-6331 sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Major Players Presence-Regional Analysis • Global OTC Consumer Health Product Market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. • The market is anticipated to reach USD XX Billion by the end of 2024. The market is expected to expand on the back of growing affordability and changing life style of middle class families. • Apart from this, growing rapid urbanization across the globe is also responsible for substantial growth of global OTC consumer health products market. Low Penetration High Penetration Medium Penetration Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Major Players Presence-Regional Analysis Sample Low Penetration High Penetration Medium Penetration Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Major Players Presence-Regional Analysis • The offline distribution channel segment is accounted for major share in previous years. • Further, growing e-commerce business and rising popularity of online shopping are likely to bolster the growth of global OTC consumer health products market in upcoming years. • Consumer’s inclination towards healthy lifestyle and growing utilization of additional nutrition are likely to increase the size of global OTC consumer health products market. Sample Low Penetration High Penetration Medium Penetration Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Inside Pharma Industry The Emergence Of A New Consumer Healthcare Segment Sample Source: Goldstein Research Key Talent Capabilities Across The Consumer Health Divide Active pharma players fall into two distinct categories: pharmaheritage, traditional pharmaceutical organizations) on the one hand and major consumer packaged goods (CPG) players on the other. Whereas previously the market has been dominated by pharma-heritage companies such as GlaxoSmithKline (GSK), Johnson & Johnson and Bayer, which continue to focus heavily on the consumer health space, loyalty and superior margins of health brands. Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Global OTC Consumer Health Product Market Size (USD Billion) & Growth Analysis Global OTC Consumer Health Product Market Size (USD Billion)-2016-2024 Sample Source: Goldstein Research Further, rapid introduction of new OTC consumer health products is also expected to increase the consumption of OTC consumer health products across the globe. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Region and Market Players-2016 Global OTC Consumer Health Product Market Share (%) , By Companies, 2016 Sample Source: Goldstein Research Global OTC Consumer Health Product Market Share(%), By Region, 2016 Europe XX% North America XX% Asia Pacific XX% Middle East& Africa XX% Latin America XX% Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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