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Saudi Arabia over the Counter (OTC) Drugs Market (1)

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Saudi Arabia Over The Counter (OTC) Drugs Market By Product Type (Cough, Cold And Flu Drugs, Analgesics, Dermatologics, Gastrointestinal Drugs, Antiseptics, Anti-Allergy Drugs, Smoking Cessation Aids, Ophthalmics, Vitamins And Minerals
Increasing awareness regarding self-medication to boost the growth of Saudi
Arabia over the Counter (OTC) Drugs Market
Market Overview:
The Saudi Arabia OTC drugs market has been estimated as 732.17 million in 2018 with a CAGR
of 9.2%. The term ‘’over-the-counter’’ mentions to prescription drugs, which might be offered
throughout the counter without physicians prescription. OTC drugs are safe if they may be
administered consistent with the instructions provided by healthcare experts. But, nutritional
supplements include dietary supplements, which might be used to offer vitamins to the body to
satisfy the nutrient stability of the body.
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arabia-over-the-counter-drugs-market-958/request-sample
Growing assault of health insurance companies is to promote the market
growth
Factors affecting market growth:
•
Increasing awareness of self-medication (+)
•
High disposable income (+)
•
Growing assault of health insurance companies (+)
•
Rising prevalence of digestion disorders (+)
•
Intensifying healthcare expenditure (+)
•
Deficient in research capabilities (-)
•
Lack of specific product availability (-)
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Market Segmentation
The Global over-the-counter (OTC) drugs market is segmented on the basis of
Product Type
•
Analgesics
•
Cough, Cold and Flu Products
•
Vitamins and Minerals
•
Dermatological Products
•
Gastrointestinal Products
•
Ophthalmic Products
•
Sleep Aid Products
•
Weight Loss/Diet Products
•
Others
By Formulation Type
•
Tablets
•
Liquids
•
Ointments
•
Sprays
Distribution Channels
•
Pharmacies
•
Supermarkets/Hypermarkets
•
Convenience stores
•
Others (Online Drug Stores)
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Key players:
Some of the leading companies dominating the market include GlaxoSmithKline
Pharmaceuticals Ltd, Gulf Pharmaceutical Industries, Tabuk Pharmaceutical Manufacturing Co,
Jamjoom Pharmaceuticals Co. Ltd., and Reckitt Benckiser Group plc.
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank,B-44, Rd Number 3, Journalist Colony, Film
Nagar, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Author
Bhargav
Bhargav379   documents Email
Document
Category
Business and Leadership
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File Size
142 KB
Tags
arabia
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