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The OTC drug market size is estimated to grow by USD 56.10 billion at a CAGR of 6% between 2023 and 2028. The market growth is driven by several factors, including the introduction of new products, the increasing prevalence of diseases prompting higher usage of over-the-counter (OTC) drugs, and supportive regulatory environments. As pharmaceutical companies continue to innovate and launch new drugs, the market expands to accommodate these offerings. An e-pharmacy operates as an internet-based company selling medications, encompassing both legitimate and illegitimate outlets, predominantly in countries like India. Furthermore, the rising incidence of various diseases contributes to a higher demand for OTC drugs, further fueling market growth. Current trends indicate growth in e-commerce, including online shopping for prescription and non-prescription drugs, notably drug medications. Additionally, favorable regulations that support the availability and accessibility of OTC drugs also play a significant role in driving market expansion.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Distribution Channel
7 Market Segmentation by Route of Administration
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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