Over The Counter Pain Medication Market, By Drug Class (Non-steroidal Anti-inflammatory Drugs, Local Anaesthetics, Acetaminophen, Salicylates, Others), By Route of Administration, By Dosage Form, By Distribution Channel, By Geography

Description

The global over the counter pain medication market is estimated to be valued at USD 27.12 Bn in 2024 and is expected to reach USD 35.50 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 27.12 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	3.90%	2031 Value Projection:	US$ 35.50 Bn

Figure. Over The Counter Pain Medication Market Share (%), By Region 2024

Over The Counter Pain Medication Market - IMG1

The global over the counter pain medication market has witnessed substantial growth over the past decade owing to rising incidence of health conditions such as arthritis, back pain, and other muscular skeletal disorders across the world. Easy availability of pain relief drugs without prescription coupled with growing preference for self-medication over doctor visits has boosted the market growth. Furthermore, aging population profile in developed nations which are more vulnerable to chronic pain has augmented demand. Various pharmaceutical companies are launching new products with improved efficacy and minimal side effects to tap the lucrative prospects.

Market Dynamics:

The global over the counter pain medication market is primarily driven by rising geriatric population base, increasing prevalence of lifestyle induced diseases, and growing instances of minor injuries and discomforts which do not require immediate medical intervention. However, stringent regulatory framework surrounding self-medication especially in developed countries poses challenge to smooth business operations. Moreover, availability of alternative traditional pain relief therapies also impedes the market growth to some extent. On the bright side, growing health awareness and e-commerce penetration in developing regions have opened new revenue streams. Ongoing research & development towards developing advanced drug delivery systems is creating novel opportunities in the market.

Key Features of the Study:

This report provides in-depth analysis of the global over-the-counter pain medication market, and provides market size (USD billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global over-the-counter pain medication market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Johnson & Johnson, Pfizer, Bayer, GlaxoSmithKline, Taisho Pharmaceuticals, and Nestle

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global over-the-counter pain medication market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global over-the-counter pain medication market.

Detailed Segmentation

By Drug Class
- Non-steroidal Anti-inflammatory Drugs (NSAIDs)
- Local Anaesthetics
- Acetaminophen
- Salicylates
- Others
By Route of Administration
- Oral
- Topical
- Others
By Dosage Form
- Tablets/Capsules
- Liquids
- Creams
- Gels
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
Company Profiles:
- Johnson & Johnson
- Pfizer Inc.
- Bayer AG
- GlaxoSmithKline plc
- Sanofi S.A.
- Reckitt Benckiser Group plc
- Novartis AG
- Perrigo Company plc
- Takeda Pharmaceutical Company Limited
- Teva Pharmaceutical Industries Ltd.
- Boehringer Ingelheim International GmbH
- Sun Pharmaceutical Industries Ltd.
- Alkem Laboratories Ltd.
- Cipla Ltd.
- Reddy's Laboratories Ltd.
- Glenmark Pharmaceuticals Ltd.
- Lupin Limited
- Aurobindo Pharma Limited

Product Code: CMI7222

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Drug Class
- Market Snapshot, By Route of Administration
- Market Snapshot, By Dosage Form
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Impact Analysis
Market Trends
Key Developments
Regulatory Scenario
Acquisitions and Partnerships Scenario
Funding and Investments
PEST Analysis
Porter's Analysis

4. Global Over The Counter Pain Medication Market- Impact of Coronavirus (COVID-19) Pandemic

Overall Impact
Government Initiatives
COVID-19 Impact on the Market

5. Global Over The Counter Pain Medication Market, By Drug Class, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Non-steroidal Anti-inflammatory Drugs (NSAIDs)
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Local Anaesthetics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Acetaminophen
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Salicylates
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Over The Counter Pain Medication Market, By Route of Administration, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Oral
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Topical
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Over The Counter Pain Medication Market, By Dosage Form, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Tablets/Capsules
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Liquids
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Creams
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Gels
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

8. Global Over The Counter Pain Medication Market, By Distribution Channel, 2019 - 2031, (USD Bn)

Overview
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Hospital Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Retail Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Online Pharmacies
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

9. Global Over The Counter Pain Medication Market, By Region, 2019 - 2031, (USD Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
- Regional Trends
  - North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Dosage Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Drug Class, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Route of Administration, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Dosage Form, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2019 - 2031, (USD Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2031, (USD Bn)
  - Brazil
  - Mexico
  - Argentina
  - Rest of Latin America
Europe
Asia Pacific
Middle East

10. Competitive Landscape

Company Profiles
- Johnson & Johnson
  - Company Highlights
  - Method Portfolio
  - Key Highlights
  - Financial Performance
  - Market Strategies
- Pfizer Inc.
- Bayer AG
- GlaxoSmithKline plc
- Sanofi S.A.
- Reckitt Benckiser Group plc
- Novartis AG
- Perrigo Company plc
- Takeda Pharmaceutical Company Limited
- Teva Pharmaceutical Industries Ltd.
- Boehringer Ingelheim International GmbH
- Sun Pharmaceutical Industries Ltd.
- Alkem Laboratories Ltd.
- Cipla Ltd.
- Dr. Reddy's Laboratories Ltd.
- Glenmark Pharmaceuticals Ltd.
- Lupin Limited
- Aurobindo Pharma Limited

11. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

12. References and Research Methodology

References
Research Methodology
About Us and Sales Contact