Thursday 25 February 2016, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global Consumer Healthcare Market: Bayer HealthCare, Boehringer Ingelheim, GlaxoSmithKline, Johnson & Johnson, Pfizer, and Sanofi.
Other Prominent Vendors in the market are: Abbott Laboratories, American Health, Amway, Arena Pharmaceuticals, BASF, BioGaia, Bukwang Pharmaceutica, Chr. Hansen, Danone, DSM, Eisai, EMS, Euradite Consumer Health and Life Care, Friggs, Genomma Lab Internacional, Glanbia, Herbalife, The Himalaya Drug Company, Kellogg, McNeil Consumer Healthcare, Mead Johnson Nutrition, Merck, Mitsubishi Tanabe Pharma, Nestl?, Novartis, Nutrition & Sant?, Omega Pharma, Procter & Gamble, Reckitt Benckiser, SAVA Global, Sigma Pharmaceuticals, Sun Pharma, Taisho Pharmaceuticals, Takeda Pharmaceuticals, Teva Pharmaceuticals, Unifarma Global Consumer Healthcare, Vida Laboratories and Yakult Danone India.
Commenting on the report, an analyst said: “Health-related information is readily available on the Internet, and easy access to health information aids in self-medication. Likewise, e-commerce websites are turning out to be an effective way to reach out to target consumers. The driving factor behind this trend is the increased effort of manufacturers and retailers to shift to the online platform to achieve better visibility and offer convenience to customers.”
According to the report, the growing awareness about lifestyle diseases and the increasing use of online resources to access healthcare information have made people more aware of the predisposing factors of various diseases and the available treatments, thereby driving the market.
Further, the report states that the intense competition in the market, however, is a major challenge. In addition, policymakers often favor local manufacturers over large pharma vendors, affecting the market negatively.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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