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Otc Topical Drugs Market To Keep Up The Innovative Spirit

Topical drugs are used for the application where body surfaces such as the skin or mucous membranes to treat ailments. OTC Topical drugs are epicutaneous medication that are applied in the skin directly. The large range of classes included in the topical drugs are creams, foams, gels, lotions and ointments.The advantage of reduced side effects to the other organ. Disadvantage of topical formulation is that it is time consuming, complicated and uncomfortable sometimes. Topical drug formulation are made up in a vehicle or base which is made specific to the site of the body or type of skin.

The amount of ingredients observed in the skin totally depends upon type of skin.  The different type of formulation of OTC topical drugs includes lotions, creams, ointment, gel, paste etc. Lotions that are usually thicker than a solution and contains oil and water or alcohol.

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The OTC Topical drugs is classified on the basis of Indication, drug class, dosage form, distribution channel and geography.

Based on Indication

  • Skin Diseases
    • Acne
    • Psoriasis
  • Pain Management
  • Eye and Ear care
  • Others

Based on Drug Class

  • Analgesics
  • Antibiotics
  • Antifungal
  • Antipruritic (Anti-Itch)
  • Astringents
  • Others

Based on Dosage form

  • Solid Dosage forms
  • Liquid Dosage forms
  • Semi Solid Dosage forms

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Drug Stores

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The increasing awareness among population regarding the use of several OTC topical drugs is one of the major reason to drive the market. Based on the drug class OTC Topical drugs are divided based on the distribution channel such as hospital pharmacies, retail pharmacies, online pharmacies and drug stores.

By regional presence, OTC Topical drugs is segmented into five key regions viz. North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North America will continue to dominate the OTC Topical drugs due to better healthcare facilities and increased cases of skin diseases.

Europe and APAC is expected to hold large market share in global OTC Topical drugs. The increasing focus towards better healthcare system and the increasing geriatric population in APAC region is expected to grow the OTC Topical drugs market in this region.

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Some of the major players in global OTC Topical drugs includes Novartis AG, GlaxoSmithKline plc. Sanofi, Merck & Co., Inc., Pfizer Inc., Bayer AG, Johnson & Johnson Private Limited, Abbott, Teva Pharmaceutical Industries Ltd, Hoffmann-La Roche Ltd and others.

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