Trends Driving the over-the-Counter Drug Market

1994 ◽  
Vol 28 (2) ◽  
pp. 445-448 ◽  
Author(s):  
Mark Novitch
Keyword(s):  
2021 ◽  
pp. 5-10
Author(s):  
E.A. Krasilnikova

In 2020, markets are showing both unpredictable and anticipated development trends. The pharmaceutical market was no exception. Turnover of the commercial drug market in 2020 amounted to 1,128 billion rubles, which is 10.6% more than in the previous year. Parapharmaceutical sales amounted to RUB 279 billion in 2020. In the analyzed period, state purchases of pharmaceuticals reached 634 billion rubles. It was expected an increase in Pharma-2020’s turnover in value terms; the basis for the increase was over-the-counter drugs and domestically produced drugs. At the same time, in the statistics of packaging, a decrease in sales was observed in the commercial sector of medicines — by 2.3%, and in parapharmaceuticals — by 15.4%, and in hospital purchases — by 15.0%. According to the results of the analysis, there is an increase in the consumption of expensive drugs, as well as a redistribution of demand to the segment of large packages. The share of online sales in the pharmaceutical market for the monitored 2020 increased from 5.5% in January to 8.2% in December. The share of expensive drugs in the online segment is higher than in the offline segment.


2020 ◽  
pp. 019459982096917
Author(s):  
Edward D. McCoul

Objective Numerous pharmaceutical options are available over-the-counter (OTC) for the relief of sinonasal symptoms. Patients typically utilize these drugs in an unsupervised manner, without appreciation of their relative efficacy or potential for adverse effects. This review covers the scope and regulation of the OTC drug market, the pros and cons of OTC availability, and specific concerns that surround the most common classes of OTC sinonasal drugs. Suggestions are provided for the improvement of patient care and public health. Data Sources MEDLINE publications and market reports. Review Methods Literature review. Conclusions Some of the most commonly used OTC sinonasal remedies, including decongestants and first-generation antihistamines, are less effective than alternative drugs and pose potential safety concerns. Implications for Practice Clinicians should advocate to their patients for the appropriate use of alternative agents, such as intranasal corticosteroids and newer-generation antihistamines, and discourage the unsupervised use of oral and topical decongestants. Furthermore, health care practitioners should encourage dialogue with their patients about the use of OTC sinonasal remedies, with the goals of optimizing individual health and health care delivery.


Dental Update ◽  
2019 ◽  
Vol 46 (9) ◽  
pp. 828-835
Author(s):  
Julie Mason ◽  
Hannah Vallance ◽  
Sarah Pontefract ◽  
Jamie J Coleman

All dental practitioners will treat patients who take medicines. An ageing population, combined with improved management of patients with multiple long-term co-morbidities, has seen a rise in complex medication regimens. Healthcare specialization, a widening drug market and better access to medicines has also contributed to more patients taking multiple medicines for conditions, often managed by a variety of specialists. Whether these medicines are prescribed or bought over-the-counter, dental practitioners must understand the implications that these treatment regimens can have on dental care. CPD/Clinical Relevance: Prescribing medicines is a small but essential part of dental practice. This paper describes various aspects of prescribing, the potential implications of dental treatment to a patient's medication regimen, and important considerations to reduce the risk of medication errors and improve patient safety.


1994 ◽  
Vol 13 (1) ◽  
pp. 85-96 ◽  
Author(s):  
Mariea Grubbs Hoy

The over-the-counter drug market is expected to nearly double in sales from 1990 to 2000, attributed primarily to a growing product class: prescription drugs that are “switched” to over-the-counter status. The author presents a framework in which to compare and contrast switch drugs with prescription and over-the-counter drugs by evaluating them in light of health and safety, economic, consumer behavior, and marketing considerations. She also addresses the general policy implications and marketing communications considerations for switch drugs in light of their relationship to consumer choice and vulnerable market segments such as the elderly and children. Finally, given the limited attention to switch drugs in previous marketing literature, the author provides research directions in which academicians could contribute to policy related to this product category.


Author(s):  
Praveena Ganapa ◽  
Kishore Y. Jothula

Background: The use of over the counter medications (OTC) has been reported to be on rise internationally. The OTC drug market in India currently ranks 11th in the global OTC market. Since Indian patients have a huge tendency of self-treatment, the Indian market is characterized by a huge demand for OTC drugs. Hence the current study is undertaken to know the practices of over the counter medication among college students.Methods: Institutional based cross sectional study carried out in Pharmacy College and all interested students were included with sample size of 141. Data was collected by interview method by using questionnaire. Results were presented in percentages using SPSS statistical package version 23.Results: Subjects were opting for the over the counter medication. Most common drugs dispensed were cough remedies (52.4%) followed by antibiotics (38.2%). Most (47.5%) common source of medication was parents.Conclusions: Majority of the students were opting for the over the counter medication and it is need of the hour to improve the knowledge regarding its adverse effects and about rationale use of drugs and drug resistance.


2018 ◽  
Vol 10 (5(J)) ◽  
pp. 59-72
Author(s):  
Peter Kwasi Oppong ◽  
Maxwell A Phiri

In today`s competitive business environment, packaging and brand equity provide a competitive advantage to a firm which may increase and maintain its market share. However, the role of packaging in supporting the brand equity is relatively new in the over-the-counter pharmaceutical market and currently, there is a lack of empirical research to uncover its significance in this product segment. This paper seeks to investigate the impact of packaging on brand equity through the mediating effect of dimensions of brand equity in the over-the-counter drug market in Kumasi metropolis. Based on Aaker`s customer-based brand equity model, eight hypotheses were formulated and tested through structural equation modelling. Using systematic sampling, data was collected through survey questionnaires from a sample of 348 consumers who patronize in herbal medicines from herbal stores in Kumasi Metropolis. The study found that packaging significantly contributes to support brand equity of plant medicines through the mediating effect of brand awareness, brand association and brand loyalty. These results indicate that brand managers in the plant medicine industry need to consider packaging as an important brand-building tool in their marketing strategy to enhance brand equity in the over-the-counter pharmaceutical market. This will enh0ance their competitive distinctiveness in the over-the-counter market. 


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