India Over The Counter (OTC) Drugs Industry Research 2024: Market Trends, Regional Insights, Competitive Landscape, Forecasts & Opportunities, 2020-2030 [Yahoo! Finance]
Dr. Reddy's Laboratories Ltd (RDY)
US:NYSE Investor Relations:
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Company Research
Source: Yahoo! Finance
India Over The Counter Drugs Market was valued at USD 5.67 billion in 2024 and is anticipated to project impressive growth in the forecast period with a CAGR of 7.13% through 2030 The India Over The Counter (OTC) drugs market is experiencing robust growth driven by several key factors. Increasing consumer awareness about self-medication options and accessibility to OTC drugs through pharmacies and online platforms are major drivers. OTC drugs provide convenience for managing minor ailments such as headaches, colds, and allergies without the need for a prescription, which appeals to a wide demographic. The expanding middle-class population with higher disposable incomes is contributing to increased spending on healthcare products, including OTC drugs. Government initiatives promoting healthcare accessibility and affordability, coupled with favorable regulatory reforms simplifying OTC drug approvals, are also fostering market expansion. Manufacturers are responding by innovating
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RDY
Earnings
- 7/29/24 - Beat
RDY
Sec Filings
- 9/27/24 - Form 6-K
- 9/26/24 - Form 6-K
- 9/24/24 - Form 6-K
- RDY's page on the SEC website