CAGR For OTC Switch Forecast At 5%, But Without Statins, Asthma Treatments

OTC switch product sales are estimated to grow at a compounded annual growth rate of 5% by 2019, with opportunities likely emerging in bladder control for women and sleep aids, according to Kline Market Research. But asthma drugs and statins are not likely to debut OTC soon, notes analyst Laura Mahecha.

A “favorable” regulatory environment as FDA encourages making more drugs available nonprescription to help reduce health care costs will drive Rx-to-OTC switch growth over the next four years even without product categories including statins and asthma aids along for the ride, according to Kline Market Research.

Kline estimates OTC switch products will grow at a 5% compounded annual growth rate by 2019, according to its recent report,

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