The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest consumer healthcare market share in 2022.

The global consumer healthcare market size will grow from $427.15 billion in 2022 to $509.45 billion in 2023 at a compound annual growth rate (CAGR) of 19.3%. The consumer healthcare market size is expected to grow to $1158.02 billion in 2027 at a CAGR of 22.8%.

Major Driver In The Consumer Healthcare Market ­– Rapid Growth In E-Commerce And Online Pharmacies
To promote consumer convenience, consumer healthcare items are increasingly being sold through online pharmacies. Walgreens, Hims.com/Hers.com, SecurePharmaOnline, YourDrugStore, Lloyds Pharmacy, and Netmeds are among the world’s largest online pharmacies. Furthermore, pharmaceutical businesses are offering OTC products online. Dr. Reddy’s, for example, sells OTC products through Amazon and other e-commerce outlets in the United States. As a result, rising e-commerce is propelling the consumer healthcare market.

View More On The Consumer Healthcare Market Report 2023 – https://www.thebusinessresearchcompany.com/report/consumer-healthcare-global-market-report

Key Consumer Healthcare Market Segments
1) By Product: OTC Pharmaceuticals, Dietary Supplements
2) By Application: Retail, Online, Hospitals

Recent Consumer Healthcare Market Trend – Adopting Digital Health Solutions
With a growth in the tech-savvy population, health and wellness are evolving into a digitized realm, resulting in the provision of therapies on-demand. customer healthcare firms have created digital, networked, and personalized self-care products to adapt to the movement in customer tastes toward digital. Johnson & Johnson, for example, provides a behavioral coaching app with its Nicorette® QuickMist® Nicotine Spray that assists smokers in planning and tracking their progress toward quitting smoking.

Consumer Healthcare Market Prominent Players
Major players in the consumer healthcare market are Johnson & Johnson, Sanofi, Abbott Laboratories, BASF SE, Amway, Bayer AG, Pfizer Inc., Boehringer Ingelheim, GlaxoSmithKline plc, American Health Corporation, Stanex Drugs & Chemicals Pvt. Ltd., Ipsen SA, Reckitt Benckiser LLC, Jasco Group of Companies, Bionova Lifesciences, Lenmark Pharmaceuticals Ltd., Merck & Co., DSM, Teva Pharmaceutical Industries Ltd., and The Himalaya Drug Company.

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The Consumer Healthcare Global Market Report 2023 provides a comprehensive overview on the consumer healthcare market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the consumer healthcare market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Personal healthcare items are offered directly to consumers without a prescription from a healthcare practitioner in the consumer healthcare sector. Over-the-counter (OTC) medications, health supplements, cosmetics, disinfectants, and consumer medical equipment are examples of consumer healthcare items.

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