5 things to know about the global over-the-counter drug market

From 2016 to 2020, the global over-the-counter drug market is projected to expand, according to a Research and Markets report.

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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.

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