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The OTC analgesics market size is estimated to grow by USD 7.20 billion at a CAGR of 4.98% between 2023 and 2028. The global population is experiencing a significant demographic shift, with an increasing number of individuals aged 65 and above. In 2022, approximately 10% of the global population, equating to 771 million people, fell into this age category. With rising life expectancy comes age-related health issues, such as arthritis and musculoskeletal disorders, which often result in chronic pain. This trend necessitates accessible pain relief solutions, and over-the-counter (OTC) analgesics have emerged as a crucial option for managing daily discomfort and maintaining a reasonable quality of life for seniors. OTC analgesics and OTC drugs, including acetaminophen and non-steroidal anti-inflammatory drugs (NSAIDs), provide effective pain relief without the need for prescriptions, aligning with seniors' preferences for self-care and autonomy. Their widespread availability in pharmacies, supermarkets, and online platforms ensures ease of access to consumer healthcare, making them particularly advantageous for elderly individuals on fixed incomes. Consequently, the expanding aging population is expected to significantly influence the growth of the global OTC analgesics market.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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