Increasing awareness regarding self-medication to boost the growth of Saudi Arabia over the Counter (OTC) Drugs Market


Posted August 22, 2018 by Bhargav2

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
 
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.

Request Report Sample: https://www.marketdataforecast.com/market-reports/saudi-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 (-)

Get your customized report: https://www.marketdataforecast.com/market-reports/saudi-arabia-over-the-counter-drugs-market-958/customize-report

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)

Browse full Table of Contents: https://www.marketdataforecast.com/market-reports/saudi-arabia-over-the-counter-drugs-market-958/

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
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By bhargav
Country India
Categories Business , Marketing , Publishing
Tags saudi arabia over the counter otc drugs market , saudi arabia over the counter drugs
Last Updated August 22, 2018