From 2016 to 2020, the global over-the-counter drug market is projected to expand, according to a Research and Markets report.
Here are five things to know:
1. The market is anticipated to increase at a compound annual growth rate of 6.19 percent between 2016 and 2020.
2. Marketing and promotion initiatives will fuel market growth.
3. An increase in self-medication will also spur market growth.
4. The growing use of counterfeit drugs will hinder market growth.
5. Market vendors include Pfizer, Johnson & Johnson, Sanofi, GlaxoSmithKline and Bayer HealthCare.
More articles on quality & infection control:
Web-based handoff tool and education may reduce medical errors — 7 insights
Antibiotic-resistant infections cost $20B annually & 5 more statistics
4 points on the National Surgical Patient Safety Summit & new surgical safety recommendations
