Pune, Maharashtra -- (SBWire) -- 02/20/2019 --According to the latest report by Fact.MR, the global market for OTC pediatric healthcare is anticipated to reach close to US$ 10,000 million revenue by 2022 end. The market is expected to experience sluggish growth during the forecast period, 2017 to 2022. Increasing risk of serious side-effects due to OTC medicines based on self-care decision is restricting the parents from choosing OTC drugs for children, thus leading to the decline in OTC pediatric healthcare.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of global OTC pediatric healthcare marketthrough 2022, which include Procter & Gamble, Johnson & Johnson, GlaxoSmithKline Plc, Abbott Laboratories, Amway Corporation, Bayer Aktiengesellschaft, Sanofi, Pfizer, Inc., Reckitt Benckiser Group plc, and Church & Dwight Co., Inc.
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Dermatology- Top-Selling Product
OTC pediatric medicines that fall under dermatology are projected to remain top-selling products in the global OTC pediatric healthcare market between 2017 and 2022. Sale of Dermatology OTC pediatric drugs is expected to bring in nearly US$ 3,500 million revenues towards the end of 2022. Meanwhile, ENT OTC pediatric medicines are anticipated to account for lowest revenue shares. OTC cold and cough medicines are not recommended for children because of the risk of serious side-effects and high chances of developing breathing problems.
High Sales through Drug Stores/ Pharmacies
Accounting for nearly one-third of revenue share in the OTC pediatric healthcare, drug stores/ Pharmacies emerge as one of the most lucrative sales channels. Towards the end of 2022, drug stores/ pharmacies are projected to reach close to US$ 3,200 million revenues. Although, global sales of OTC pediatric medicines through hospital pharmacies is projected to create an incremental opportunity of over US$ 300 million during 2017-2022.
OTC medicines have a low risk if used properly by adults, but these drugs pose greater risks for children, especially in the case of first-time medication or if a child is suffering from some other health conditions. According to the U.S. Food and Drug Administration (FDA), OTC medicines to treat cold and cough for children under 2 years of age should be avoided as these medicines can cause serious or life-threatening side-effects. FDA also warns against the use of codeine products to treat cold and cough in children less than 12 years of age as it can result in serious breathing problems. OTC medicines including aspirin are also not recommended for children as aspirin can lead to Reye's syndrome in children, which is a rear but potentially serious illness.
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Table of Contents Covered in this report are:
1. Global OTC Pediatric Healthcare Market - Executive Summary
2. Global OTC Pediatric Healthcare Market Overview
2.1. Introduction
2.1.1. Global OTC Pediatric Healthcare Market Taxonomy
2.1.2. Global OTC Pediatric Healthcare Market Definition
2.2. Global OTC Pediatric Healthcare Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global OTC Pediatric Healthcare Market Y-o-Y Growth
2.3. Global OTC Pediatric Healthcare Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region
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3. Global OTC Pediatric Healthcare Market Analysis and Forecast By Product Type
3.1. Global OTC Pediatric Healthcare Market Size and Forecast By Product Type, 2012-2022
3.1.1. Gastro Intestinal OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Dermatology OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region
3.1.3. ENT OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
3.1.3.1. Revenue (US$ Mn) Comparison, By Region
3.1.3.2. Market Share Comparison, By Region
3.1.3.3. Y-o-Y growth Comparison, By Region
3.1.4. Nutrition/Vitamins OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
3.1.4.1. Revenue (US$ Mn) Comparison, By Region
3.1.4.2. Market Share Comparison, By Region
3.1.4.3. Y-o-Y growth Comparison, By Region
3.1.5. Other Products OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
3.1.5.1. Revenue (US$ Mn) Comparison, By Region
3.1.5.2. Market Share Comparison, By Region
3.1.5.3. Y-o-Y growth Comparison, By Region
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4. Global OTC Pediatric Healthcare Market Analysis and Forecast By Sales Channel
4.1. Global OTC Pediatric Healthcare Market Size and Forecast By Sales Channel, 2012-2022
4.1.1. Drug store/ Pharmacy OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Hospital Pharmacies OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region
4.1.3. Modern Trade OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
4.1.3.1. Revenue (US$ Mn) Comparison, By Region
4.1.3.2. Market Share Comparison, By Region
4.1.3.3. Y-o-Y growth Comparison, By Region
4.1.4. Convenience Store OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
4.1.4.1. Revenue (US$ Mn) Comparison, By Region
4.1.4.2. Market Share Comparison, By Region
4.1.4.3. Y-o-Y growth Comparison, By Region
4.1.5. Online Retailers OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
4.1.5.1. Revenue (US$ Mn) Comparison, By Region
4.1.5.2. Market Share Comparison, By Region
4.1.5.3. Y-o-Y growth Comparison, By Region
4.1.6. Other Channel OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
4.1.6.1. Revenue (US$ Mn) Comparison, By Region
4.1.6.2. Market Share Comparison, By Region
4.1.6.3. Y-o-Y growth Comparison, By Region
5. Global OTC Pediatric Healthcare Market Analysis and Forecast By Region
5.1. Global OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.1. North America OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Product Type
5.1.1.2. Revenue (US$ Mn) Comparison, By Sales Channel
5.1.2. Latin America OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.2.1. Revenue (US$ Mn) Comparison, By Product Type
5.1.2.2. Revenue (US$ Mn) Comparison, By Sales Channel
5.1.3. Europe OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.3.1. Revenue (US$ Mn) Comparison, By Product Type
5.1.3.2. Revenue (US$ Mn) Comparison, By Sales Channel
5.1.4. Japan OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.4.1. Revenue (US$ Mn) Comparison, By Product Type
5.1.4.2. Revenue (US$ Mn) Comparison, By Sales Channel
5.1.5. APEJ OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.5.1. Revenue (US$ Mn) Comparison, By Product Type
5.1.5.2. Revenue (US$ Mn) Comparison, By Sales Channel
5.1.6. MEA OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
5.1.6.1. Revenue (US$ Mn) Comparison, By Product Type
5.1.6.2. Revenue (US$ Mn) Comparison, By Sales Channel
6. North America OTC Pediatric Healthcare Market Analysis and Forecast, By Country, 2012-2022
6.1. US OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
6.1.1. Revenue (US$ Mn) Comparison, By Product Type
6.1.2. Revenue (US$ Mn) Comparison, By Sales Channel
6.2. Canada OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
6.2.1. Revenue (US$ Mn) Comparison, By Product Type
6.2.2. Revenue (US$ Mn) Comparison, By Sales Channel
7. Latin America OTC Pediatric Healthcare Market Analysis and Forecast, By Country, 2012-2022
7.1. Brazil OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
7.1.1. Revenue (US$ Mn) Comparison, By Product Type
7.1.2. Revenue (US$ Mn) Comparison, By Sales Channel
7.2. Mexico OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
7.2.1. Revenue (US$ Mn) Comparison, By Product Type
7.2.2. Revenue (US$ Mn) Comparison, By Sales Channel
7.3. Argentina OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
7.3.1. Revenue (US$ Mn) Comparison, By Product Type
7.3.2. Revenue (US$ Mn) Comparison, By Sales Channel
8. Europe OTC Pediatric Healthcare Market Analysis and Forecast, By Country, 2012-2022
8.1. Germany OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
8.1.1. Revenue (US$ Mn) Comparison, By Product Type
8.1.2. Revenue (US$ Mn) Comparison, By Sales Channel
8.2. UK OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
8.2.1. Revenue (US$ Mn) Comparison, By Product Type
8.2.2. Revenue (US$ Mn) Comparison, By Sales Channel
8.3. France OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
8.3.1. Revenue (US$ Mn) Comparison, By Product Type
8.3.2. Revenue (US$ Mn) Comparison, By Sales Channel
8.4. Spain OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
8.4.1. Revenue (US$ Mn) Comparison, By Product Type
8.4.2. Revenue (US$ Mn) Comparison, By Sales Channel
8.5. Italy OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
8.5.1. Revenue (US$ Mn) Comparison, By Product Type
8.5.2. Revenue (US$ Mn) Comparison, By Sales Channel
8.6. Nordic OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
8.6.1. Revenue (US$ Mn) Comparison, By Product Type
8.6.2. Revenue (US$ Mn) Comparison, By Sales Channel
9. Japan OTC Pediatric Healthcare Market Analysis and Forecast, By Country, 2012-2022
9.1. Japan OTC Pediatric Healthcare Market Size and Forecast, 2012-2022
9.1.1. Revenue (US$ Mn) Comparison, By Product Type
9.1.2. Revenue (US$ Mn) Comparison, By Sales Channel
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OTC Pediatric Healthcare Market Report Focusing on Current Trends and Leading Fortune Companies by 2023
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