OTC Pharmaceuticals - Eastern Africa

Eastern Africa

Revenue in the OTC Pharmaceuticals market amounts to US$1,504.00m in 2024. The market is expected to grow annually by 8.16% (CAGR 2024-2029).
The market's largest segment is the segment Vitamins & Minerals with a market volume of US$452.90m in 2024.
In global comparison, most revenue is generated in the United States (US$41,240m in 2024).
In relation to total population figures, per person revenues of US$3.28 are generated in 2024.
In the OTC Pharmaceuticals market, 2.0% of total revenue will be generated through online sales by 2024.

Key regions: Worldwide, India, Philippines, United States, Europe

Definition:
The Over-the-Counter Pharmaceuticals market includes non-prescription medications, treatments, and healthcare products that are available directly to consumers without a prescription from a licensed healthcare professional. It includes both products which are exclusively sold in pharmacies and products which can be purchased elsewhere such as supermarkets, and online retailers. Sales by hospitals are not included.

Structure:
The market is subdivided into Analgesics, Cold and Cough Remedies, Digestives and Intestinal Remedies, Skin Treatment, Vitamins and Minerals, Hand Sanitizer, Eye care, Sleep aids, Wound care, and Other OTC Pharmaceuticals. The Analgesics market covers non-prescription pain-relief medications which help to relief aches, pains and fevers. Cold & Cough market covers non-prescription remedies aimed at relieving nasal congestion, coughing, sore throat, and related cold discomforts. The Digestives and Intestinal Remedies market encompasses non-prescription products designed to alleviate symptoms related to digestive discomfort and intestinal issues. The Skin Treatment market includes non-prescription medications formulated to address various dermatological concerns such as acne, eczema and dryness. The Vitamins and Minerals market comprises non-prescription dietary supplements containing essential nutrients such as vitamins and minerals. The Hand sanitizer market covers sanitizing products which are applied on hands to effectively reduce the presence of bacteria and viruses. The Eye Care market covers non-prescription products to address common eye-related discomforts such as dryness, irritation or redness. The Sleep Aids market covers non-prescription products designed to promote relaxation, alleviate insomnia, and improve sleep quality. The Wound Care market includes non-prescription products designed to facilitate wound healing and prevent infection.

Additional information:
OTC Pharmaceuticals comprises revenues, average revenue per capita. Sales channels show online and offline revenue. Revenues include VAT. The market only displays B2C revenues, hence B2B and B2G revenues are not included.
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Market

Region

Region comparison

Currency

Analyst Opinion

The OTC Pharmaceuticals market in Eastern Africa is experiencing significant growth and development. Customer preferences in the region are shifting towards self-medication and over-the-counter (OTC) products.

Consumers are becoming more health-conscious and are seeking convenient and affordable healthcare solutions. This trend is driven by factors such as increasing urbanization, rising disposable incomes, and a growing middle class. Additionally, the prevalence of minor ailments and chronic diseases, such as cold and flu, allergies, and digestive disorders, is also contributing to the demand for OTC pharmaceuticals.

Trends in the market indicate a rise in the availability and accessibility of OTC pharmaceutical products. Pharmacies and drugstores are expanding their product offerings to include a wide range of OTC medications, including pain relievers, cough and cold remedies, vitamins and supplements, and gastrointestinal products. This expansion is driven by the growing demand for these products and the increasing number of retail outlets in the region.

Furthermore, the rise of e-commerce platforms and online pharmacies is also contributing to the growth of the OTC pharmaceutical market, providing consumers with convenient access to a variety of products. Local special circumstances in Eastern Africa play a role in the development of the OTC Pharmaceuticals market. The region has a high burden of communicable diseases, such as malaria and HIV/AIDS, which has led to increased government spending on healthcare and pharmaceuticals.

This investment has improved healthcare infrastructure and access to medicines, including OTC pharmaceuticals. Additionally, cultural factors, such as the preference for traditional remedies and herbal medicines, have also influenced the demand for OTC products. Many consumers in the region still rely on traditional healing practices, and this has created a market for herbal and natural OTC remedies.

Underlying macroeconomic factors, such as population growth, urbanization, and economic development, are driving the growth of the OTC Pharmaceuticals market in Eastern Africa. The region has a young and growing population, which is increasing the demand for healthcare services and products. Urbanization is also contributing to the growth of the market, as more people move to cities and have access to a wider range of healthcare options.

Economic development and rising disposable incomes are enabling consumers to afford OTC pharmaceuticals and prioritize their health and well-being. In conclusion, the OTC Pharmaceuticals market in Eastern Africa is experiencing significant growth and development due to changing customer preferences, expanding product availability, local special circumstances, and underlying macroeconomic factors. As the region continues to develop and its healthcare infrastructure improves, the demand for OTC pharmaceuticals is expected to further increase.

Methodology

Data coverage:

Data encompasses B2C spend. Figures are based on the OTC Pharmaceuticals market values, representing revenues generated by both product sales which take place exclusively in pharmacies and products which can be purchased elsewhere. Sales by hospitals are not included.

Modeling approach / Market size:

Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market market. As a basis for evaluating markets, we use data from national statistical offices, international institutions, trade associations, and self-medication associations. Next, we use relevant key market indicators and data from country-specific associations, such as consumer healthcare spending, out-of-pocket healthcare expenditure, health system accessibilities, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. Whereas this market covers only OTC drugs, the Statista Pharmaceuticals market covers both OTC and prescription drugs.