Over-the-Counter Market Research Reports & Industry Analysis
In the United States, the Food and Drug Administration (FDA) regulates the manufacture and sale of OTC substances. Under the Federal Food, Drug, and Cosmetic Act, all new drugs or drug ingredients must obtain approval though a New Drug Application (NDA). Drugs that have been market for years before the NDA requirements are evaluated differently. The regulation of the active ingredients in OTC drugs, not the final product, is referred to as OTC monographs. By regulating active ingredients instead of specific drug formulations, the government allows manufacturers the freedom to develop proprietary mixtures, by formulating ingredients.
While the FDA regulates the advertising of prescription medications, the U.S. Federal Trade Commission (FTC) regulates OTC drug advertising. The FDA regulates product labeling of OTC products. To make the labels consistent and easier for the consumer to read, the FDA issued a regulation requiring that all OTC product labels must comply with a standard format. The “Drug Facts” label must include: active ingredients, uses, warnings, directions and inactive ingredients.
The FDA classifies OTC drugs in over 80 categories including: allergy medications, cold relievers and cough suppressants, pain relievers, sleep aids, diet aids, and anti cough/cold medications, pain relievers, antacids, laxatives, sleep aids, and antibacterial drugs.
Over-the-Counter Industry Research & Market Reports
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2022 Global Forecast for Over The Counter/Otc Test (2023-2028 Outlook)-High Tech & Emerging Markets Report
... countries. The global market is expected to increase from USD xx billion in 2022 to USD xx billion by 2028, at a CAGR of xx% from 2023 to 2028. Estimates on equipment or material sales ... Read More
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Point of Care & Rapid Diagnostics Market by Product (Glucose, Infectious Disease(HIV, Hepatitis C), Pregnancy Test), Platform (Microfluidics, Dipsticks), Mode of Purchase (OTC, Prescription), End User (Pharmacy, Hospital, Home) - Global Forecast to 2027
... global point of care diagnostics market is expected to reach USD 72.0 billion by 2027 from an estimated USD 43.2 billion in 2022, at a CAGR of 10.8% from 2022 to 2027. Point-of-care testing (POCT) ... Read More
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At-Home Diagnostic Testing Markets and Trends (COVID-19, FOB, Glucose, HIV and Other Tests)
... Glucose, HIV and Other Tests), only analyzes at-home tests where the entire process is done at home. A sample is collected, and the results are provided in under one hour. This does not include self-collection ... Read More
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Self-testing Market, by Product Type (Kits [Self-testing Kits and Self-collection Kits] and Self-Testing Devices, by Application Type (Blood Glucose Testing, Pregnancy Testing, Pulmonary Function Testing, Urinary Tract Infection Testing, Sexually Transmitted Infections (STIs) Testing, Genetic Testing, Vitamin Testing [Vitamin D, Vitamin B, and Others], Mineral Deficiency Testing [Iron, Calcium, and Others], COVID Testing, Allergy Testing [Pollen Allergy, Dust Mite Allergy, and Others], Gastrointestinal Screening, Hormone Testing [TSH Testing, Menopause Testing, and Others], Food Sensitivity Testing [Celiac Disease and Others], and Infectious Diseases, by Sample Type (Blood Sample, Saliva Sample, Nasal Sample, Stool Sample, and Urine Sample), by Test Type (Laboratory Tests and Point of Care Tests/Homecare Tests), by Distribution Channel (Offline [Hospital Pharmacies, Retail Pharmacies/ Drug Stores and Supermarkets And Hypermarkets] and Online [E-commerce, Online Pharmacies and Company’s
... Testing, Vitamin Testing [Vitamin D, Vitamin B, and Others], Mineral Deficiency Testing [Iron, Calcium, and Others], COVID Testing, Allergy Testing [Pollen Allergy, Dust Mite Allergy, and Others], Gastrointestinal Screening, Hormone Testing [TSH Testing, Menopause Testing, ... Read More
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Women's Health Diagnostics Market - Growth, Trends, COVID-19 Impact, and Forecast (2022 - 2027)
... transportation and travel restrictions created impediments for international trade and transportation, which disrupted the supply chains for the women’s health diagnostics market, temporarily leading to falling in demand due to uncertainty in the capital market ... Read More
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Fertility Testing Devices Market: Current Analysis and Forecast (2022-2028)
... rapid advancement in technology and rises in first-time pregnancy age and the availability of less time-consuming reorganized diagnostic tests in place of laboratory tests are responsible for the market growth of the fertility testing devices ... Read More
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At-Home Testing: COVID-19 Trends and Future Potential
... disease 2019 (COVID-19) caused by the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). This report covers trends that have occurred since the pandemic was declared in 2020 to the recent present – March 31, 2021. ... Read More
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The Worldwide Market for Point-of-Care (POC) Diagnostic Tests, 8th Edition
... of dollars are spent annually on POC diagnostic testing, both professional testing and self-testing. In 2020, sales of POC testing reached $29,316 million. COVID-19 was a significant game changer in 2020. The number of new ... Read More
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COVID-19 Testing Market Update 2021: Molecular & Antigen Markets, Procedures, Mutations, Home Tests, and Other Trends
... has been changed, perhaps permanently. Hundreds of test products are on the market to detect the virus, both for its presence and immune response. And billions of dollars have been added to the in vitro ... Read More
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