Global Consumer Healthcare Market 2024-2028
The consumer healthcare market is forecasted to grow by USD 170.2 bn during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the consumer healthcare market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by awareness about lifestyle diseases, increase in self-medication practices, and growth of the geriatric population.
Technavio's consumer healthcare market is segmented as below:
ByProduct
- OTC pharmaceuticals
- Dietary supplements
ByDistribution Channel
ByGeography
- North America
- Asia
- Europe
- Rest of World (ROW)
This study identifies the accelerated use of online resources in global consumer healthcare market as one of the prime reasons driving the consumer healthcare market growth during the next few years. Also, promotions and marketing initiatives by market vendors and strategic alliances among market vendors will lead to sizable demand in the market.
The report on the consumer healthcare market covers the following areas:
- Consumer healthcare market sizing
- Consumer healthcare market forecast
- Consumer healthcare market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading consumer healthcare market vendors that include Abbott Laboratories, Amway Corp., BASF SE, Bayer AG, BioGaia AB, Boehringer Ingelheim International GmbH, Chr Hansen Holding AS, Danone SA, Eisai Co. Ltd., Glanbia plc, GlaxoSmithKline Plc, Herbalife International of America Inc., Himalaya Global Holdings Ltd., Johnson and Johnson Services Inc., Kellogg Co., Koninklijke DSM NV, Nestle SA, Pfizer Inc., Reckitt Benckiser Group Plc, and Sanofi SA. Also, the consumer healthcare market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.