According to Technavio, the Over-the-Counter (OTC) Analgesics Market is forecasted to increase by USD 7.2 billion at a CAGR of 4.98% between 2023 and 2028. A key driver of this growth is the aging global population. By 2022, about 771 million people, representing 10% of the global population, were aged 65 and older. With advanced age comes a higher incidence of chronic conditions like arthritis and musculoskeletal disorders that require regular pain management. OTC analgesics like acetaminophen and NSAIDs offer non-prescription relief, enabling older adults to manage pain and maintain their independence. The availability of these medications in pharmacies, supermarkets, and online stores ensures easy access, which is critical for elderly people on limited incomes. This demographic trend is expected to fuel the ongoing growth of the global OTC analgesics market.

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