The Business Research Company’s report on the Consumer Healthcare Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the consumer healthcare industry?
The rapid growth in e-commerce and online pharmacies is contributing to the growth of the consumer healthcare market. Consumer healthcare products are increasingly being sold through online pharmacies to improve consumer convenience. Major online pharmacies globally include Walgreens, Hims.com/Hers.com, SecurePharmaOnline, YourDrugStore, Lloyds Pharmacy, and Netmeds. In addition, pharmaceutical companies are also selling OTC products online. For instance, Dr. Reddy’s sells its OTC products through Amazon and other e-commerce channels in the USA. So, increasing e-commerce is driving the consumer healthcare market growth.
Access Your Free Sample of the Global Consumer Healthcare Market Report – Get Insights Now!
https://www.thebusinessresearchcompany.com/sample.aspx?id=5726&type=smp
What is the estimated market size of the consumer healthcare sector by 2029, based on current forecasts?
The consumer healthcare market size has grown exponentially in recent years. It will grow from $667.56 billion in 2024 to $821.44 billion in 2025 at a compound annual growth rate (CAGR) of 23.1%. The growth in the historic period can be attributed to aging population and healthcare needs, over-the-counter (otc) medications, wellness and prevention focus, growth of e-commerce and online pharmacies, increasing health and fitness trends.
The consumer healthcare market size is expected to see exponential growth in the next few years. It will grow to $1812 billion in 2029 at a compound annual growth rate (CAGR) of 21.9%. The growth in the forecast period can be attributed to growing personalized health and genetics, digital health and telemedicine, remote patient monitoring, health apps and wearables, growing demand for nutraceuticals and dietary supplements. Major trends in the forecast period include adoption of digital health and telemedicine, health apps and wearables, personalized health and genetics, the use of remote monitoring devices, aging-in-place solutions.
Gain Exclusive Market Insights—Customize Your Research Report Today For Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=5726&type=smp
#Who are the top players in the consumer healthcare market?
Major companies operating in the consumer healthcare market include Johnson & Johnson, Procter & Gamble, GlaxoSmithKline, Pfizer Inc., Bayer AG, Merck & Co. Inc., Reckitt Benckiser Group plc, Sanofi S.A., AbbVie Inc., Amgen Inc., Nestlé Health Science, Church & Dwight Co. Inc., Colgate-Palmolive Company, Herbalife Nutrition Ltd., DSM (Dutch State Mines), Boiron, Perrigo Company plc, Meda Pharmaceuticals, Astellas Pharma Inc., Bausch Health Companies Inc., Ipsen S.A., HRA Pharma, Omega Pharma, Canopy Growth Corporation, Nature’s Way, Oriflame Cosmetics S.A., Softel, Unilever PLC, Nature’s Bounty
#What are the major trends in the consumer healthcare market?
Consumer healthcare companies are increasingly offering digital health solutions. Health and wellness are transforming into a digitised space with an increase in the tech-savvy population, leading to the availability of treatments on-demand. To cater to the shift in consumer preferences to digital, consumer healthcare brands have introduced digital, connected, and personalised self-care solutions. For example, Johnson & Johnson offers a behavioural coaching app with its Nicorette QuickMist Nicotine Spray that helps smokers to plan and track their progress in quitting smoking.
Which geography holds the highest consumer healthcare market share?
North America was the largest region in the consumer healthcare market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the consumer healthcare market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Order Your Report Now For Swift Delivery
https://www.thebusinessresearchcompany.com/report/consumer-healthcare-global-market-report
How do different segments contribute to the overall expansion of the consumer healthcare market?
The consumer healthcare market covered in this report is segmented –
1) By Product: OTC Pharmaceuticals, Dietary Supplements
2) By Application: Retail, Online, Hospitals
Subsegments:
1) By OTC Pharmaceuticals (Over-the-Counter Pharmaceuticals): Analgesics (Pain Relief), Cold and Cough Remedies, Allergy Medications, Digestive Health Products, Topical Treatments
2) By Dietary Supplements: Vitamins and Minerals, Herbal Supplements, Protein Supplements, Omega Fatty Acids, Probiotics, Meal Replacement Products
Purchase The Exclusive Report Now To Unlock Valuable Market Insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5726
What defines the structure and scope of the consumer healthcare market?
The consumer healthcare provides personal healthcare products that are sold directly to a consumer without a prescription from a healthcare professional. Consumer healthcare products generally include over-the-counter (OTC) drugs, health supplements, cosmetics, disinfectants, and consumer medical devices.
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
https://thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
