Technavio forecasts that the Global Over-the-Counter (OTC) Drug Market will reach USD 58.54 billion by 2027, growing at a CAGR of 6.53% from 2022 to 2027. This projected growth is driven by factors such as the introduction of new OTC products, rising disease prevalence leading to increased OTC drug usage, and favorable regulatory conditions. The market expansion is further supported by ongoing pharmaceutical innovation and the increasing incidence of various diseases, which together heighten the demand for OTC drugs.

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