Over-the-Counter (OTC) Drugs and Dietary Supplements: Opportunities for Consumer Goods Distributors
Report Includes: - An overview, scope and market landscape of Over-the-Counter (OTC) drugs and dietary supplement products. - Coverage of regulatory needs and opportunities that can be found in the OTC drugs and dietary supplements industry for wholesale distributors.
/EIN News/ -- New York, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Over-the-Counter (OTC) Drugs and Dietary Supplements: Opportunities for Consumer Goods Distributors" - https://www.reportlinker.com/p05823585/?utm_source=GNW
- Information on the role of govt. regulations on selling OTC medicines in outlets other than pharmacies, and how these changing regulatory landscapes can influence the FMCG market
- A look at various channels selling OTC medicines and dietary supplements (VMS); their market growth and specialized marketing methods of non-pharmacy channels
Summary
Over-the-counter (OTC) drugs and dietary supplements will change the landscape of primary healthcare in the coming years. Initiatives such as the encouraging of self-medication, the increasing support from governments to add more products into safe-to-use OTC classifications and the efforts by drug manufacturers to expand their product ranges in different markets will favor growth.
Stakeholders in the healthcare industry understand the benefits of self-care and the importance of making drugs for minor illness available without a prescription.This initiative is making healthcare treatment less dependent on doctors and involves pharmacists taking care of primary healthcare needs.
Some nations have allowed self-selection of drugs for common illnesses such as low-grade fever, headache, cough and cold, and digestive issues. In the case of drugs where the government fears overdosage or of drugs that can be unsafe for self-selection, a prior consultation with a pharmacist or a qualified person who knows drug history and is aware of adverse effects is made mandatory.
Read the full report: https://www.reportlinker.com/p05823585/?utm_source=GNW
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