250 Pages OTC Herbal and Traditional Drugs Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider
According to Fact MR’s recent market research, OTC Herbal and Traditional Drugs sales to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of OTC Herbal and Traditional Drugs market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of OTC Herbal and Traditional Drugs
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To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.
Digital Transformation in Healthcare Presenting Opportunities for OTC Herbal and Traditional Drugs Market Growth
Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.
Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the OTC Herbal and Traditional Drugs market.
Focus on improving overall patient care will remain a chief growth driver. Besides this, OTC Herbal and Traditional Drugs market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.
The report offers actionable and valuable market insights of OTC Herbal and Traditional Drugs. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of OTC Herbal and Traditional Drugs Market across various industries and regions.
This newly published and insightful report sheds light on Market Insights of OTC Herbal and Traditional Drugs, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of OTC Herbal and Traditional Drugs Market.
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Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Traditional and herbal medicines have played an indispensable role in fulfilling the requirements of global healthcare. The consumer healthcare has been undergoing transformations, with principles of herbal and traditional medicines being rediscovered and introduced in the market.
Growing consumer concerns related to health effects of synthetic drugs is expected fuel adoption of herbal and traditional medicines. A recent report by Fact.MR provides an in-depth analysis about the global OTC herbal and traditional medicines market for the forecast period 2017 to 2022.
The report commences by providing an executive summary, market dynamics and market taxonomy, underlining the factors which influence growth of the global OTC herbal and traditional medicines market.
This executive summary offers the foundation on which the report is based, providing users with scope of the report. The executive summary contains key statistics and facts impacting the global OTC herbal and traditional medicines market.
The scope of Fact.MR’s report is to analyze the global OTC herbal and traditional medicines market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.
Medicine manufacturers, stakeholders, and suppliers in the global healthcare sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to OTC herbal and traditional medicines.
The report begins with an overview of the global OTC herbal and traditional medicines market in terms of various product functions across the globe. It offers market value statistics, key drivers, trends and restraints on the basis of demand and supply perspectives.
To arrive at the market size, the report considers the value of the global OTC herbal and traditional medicines market across targeted geographies. The forecast offered here assesses total revenues from the global leading companies in OTC herbal and traditional medicines.
Provided with the market characteristics, our analysts have triangulated several outcomes based on market dynamics, demand side, and supply side, including the government guidelines and regulations on the global market for OTC herbal and traditional medicines.
By considering the scope of global OTC herbal and traditional medicines market, and provide an in-depth analysis, Fact.MR’s report provides segment-wise analysis and forecast.
The OTC herbal and traditional medicines market is categorized on the basis of function, dosage, OTC channel, and region. Segmentation analysis offered is comprehensive, along with the detailed country-wise forecast offered on all parameters.
The report’s last section emphasizes the competitive landscape of the global OTC herbal and traditional medicines market, providing readers with the dashboard of company analysis as well as the market players.
Competitive intelligence provided by the report is based on providers’ categories in the value chain, and their presence in the global OTC herbal and traditional medicines market.
10 Predictions for the Global OTC Herbal and Traditional Medicines Market
Asia-Pacific excluding Japan (APEJ) will be dominant in the global OTC herbal and traditional medicines market in 2017, and is expected to retain its dominance and exhibit a steady expansion through 2022.
By 2022-end, North America will continue to be the second most lucrative market for OTC herbal and traditional medicines.
Japan is anticipated to remain the least lucrative market for OTC herbal and traditional medicines.
Based on function, Revenues from OTC herbal and traditional medicine sales for maintenance of the people’s digestive health are estimated to account for largest revenues by 2022-end.
OTC herbal and traditional medicine sales for bone & joint health, and nutrition are estimated to register parallel expansion at a similar CAGR. However, revenues from nutrition segment is expected to remain comparatively higher than bone & joint health
Modern trade OTC channel is expected to remain preferred among consumers for buying of OTC herbal traditional medicines.
OTC herbal and traditional medicine sales in online OTC channel is expected to register the fastest expansion over the forecast period.
Pharmacy OTC channel are expected to account for larger market revenue share, however sales are estimated to register a sluggish expansion throughout the forecast period.
Based on dosage, powdered form of OTC herbal and traditional medicines are expected to remain preferred among consumers. Revenues from this segment is estimated to exceed US$ 10,000 Mn by 2022-end.
Between liquid and tablet form of OTC herbal and traditional medicines, sales of tablet dosage are expected to account for larger revenues, while sales of liquid OTC herbal and traditional medicines are expected to exhibit a comparatively faster expansion through 2022.
The report has also profiled leading players in the global market for OTC herbal and traditional medicines, which include Amway Corporation, Phytomed Herbal Solutions, Herbalife International, Biovontrade SARL, The Himalayan Drug Company, Nutra Green Biotechnology Co., Ltd., Naturex SA, Bio-Botanica, Inc., Nutraceutical International Corporation, The Nature’s Bounty Co., Medico Herbs, The Bioforce Group, Jiaherb Inc., Ricola AG, Dabur India Ltd., Bionorica SE, Blackmores Limited,and Integria Healthcare Pty Ltd.
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Report Benefits & Key Questions Answered
- OTC Herbal and Traditional Drugs Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
- OTC Herbal and Traditional Drugs Historical volume analysis: The report provides a comparison of OTC Herbal and Traditional Drugs’s historical sales and projected sales performance for 2021-2031.
- OTC Herbal and Traditional Drugs Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the OTC Herbal and Traditional Drugs market. It carefully gauges the impact of changing healthcare needs of key demographics globally
- OTC Herbal and Traditional Drugs Consumption by demographics: The report investigates consumer behavior affecting OTC Herbal and Traditional Drugs demand outlook for the assessment period. Effect of their keenness for digital trends on OTC Herbal and Traditional Drugs market is carefully analyzed
- Post COVID consumer spending on OTC Herbal and Traditional Drugs: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting OTC Herbal and Traditional Drugs market growth.
More Valuable Insights on OTC Herbal and Traditional Drugs Market
Fact.MR, in its new report, offers an unbiased Market Analysis of OTC Herbal and Traditional Drugs, Sales and Demand of OTC Herbal and Traditional Drugs, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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Rockville, MD 20852
Tel: +1 (628) 251-1583
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website:https://www.factmr.com