Global OTC Consumer Health Market is estimated to be valued at US$ 196.4 Bn in 2022 and is expected to exhibit a CAGR of 3.9% over the forecast period (2022-2030). When a drug is referred to as over-the-counter (OTC), it means that it can be acquired without a doctor's prescription. Contrarily, prescription medications need a prescription from a doctor or other healthcare provider and are only to be used by the person who has been prescribed them. Even though some medications are considered to be over-the-counter (i.e., no prescription is necessary), a pharmacist may only dispense them after evaluating the patient's needs or providing patient education. There are many differences between national laws regarding the sale of pharmaceuticals, who is allowed to dispense them, and whether a prescription is necessary. Over the forecast period, market participants are anticipated to launch more products, fueling the growth of the global OTC consumer health market.
