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over the counter (OTC)

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/Content
April 11, 2018
Internet retailing is the fastest growing distribution channel for over-the-counter (OTC) consumer health products worldwide. Consumers are increasingly moving toward the use of digital platforms for convenience and speed in delivery, which fit consumers’ busy and stressful lives. That said, e-commerce still represents only a very small proportion of total OTC sales, and manufacturers have […]
November 28, 2017
On Tuesday, the MHRA in the UK announced its decision to make the erectile dysfunction drug Viagra available OTC in a move that the regulatory agency said it hoped would curb the purchase of the medication from unregulated websites. The UK would be the first country in the world where Viagra is legally available OTC. […]
September 21, 2017
Seasonal influenza has a significant impact on the sales of consumer health products, particularly in years when the influenza vaccine is a poor match to the circulating strain(s), making it less effective in preventing infection. Consumers turn to a number of products during flu season, including vitamins and dietary supplements for prevention, combination cough, cold […]
August 1, 2017
Sleep aids is one of the fastest growing categories in consumer health, posting a CAGR of 4.4% between 2011 and 2016 to reach USD2.2 billion globally in 2016. Sales in OTC sleep aids are influenced by rising stress levels among consumers who point to demands from work and family as well as increased use of mobile devices as primary drivers of their […]
November 8, 2016
The crisis in the CIS zone in 2014-2015 inspired its members to start searching for new ways of obtaining products at affordable prices. After local currency devaluations in Russia, Belarus, Kazakhstan and other CIS countries, goods imported in US dollars or euros became too expensive, as incomes remained unchanged in the local currencies. Although consumers […]
September 13, 2016
CHICAGO – Global market research company Euromonitor International released today new consumer health industry data. According to the new research, global sales of consumer health products will reach USD $217 billion globally in 2016 – a 3 percent growth from 2015. Over-the-counter (OTC) medicine represents 45 percent of the consumer health industry at USD $98.5 […]

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