The artificial intelligence engineering market size is poised to grow by USD 41.72 billion by 2033 from USD 23.03 billion in 2023, exhibiting a CAGR of 6.42% during the forecast period 2024 to 2033.
Key Points
- By product type, the cough & cold products segment held the largest share of the market in 2023, the segment is observed to witness a notable growth during the forecast period.
- By dosage form, the tablets segment dominated the market with the largest share in 2023.
- By route of administration, the oral segment held the largest share of the market and is expected to sustain the position throughout the forecast period.
- By distribution channel, the drug stores & retail pharmacies segment dominated the U.S. over the counter (OTC) drugs market in 2023.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Artificial intelligence engineering market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Artificial Intelligence Engineering Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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U.S. Over the Counter (OTC) Drugs Market Scope
Report Coverage | Details |
Growth Rate from 2024 to 2033 | CAGR of 6.42% |
U.S. Market Size in 2023 | USD 23.03 Billion |
U.S. Market Size by 2033 | USD 41.72 Billion |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | By Product Type, By Dosage Form, By Route of Administration, and By Distribution Channel |
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The empirical study on the global Artificial intelligence engineering market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Artificial intelligence engineering Market. Our market report for the Artificial intelligence engineering market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Key Market Players
- Bayer AG
- Takeda Pharmaceutical Company Ltd.
- Pfizer
- Johnson & Johnson Services Inc.
- Sanofi S.A.
- Novartis AG
- Boehringer Ingelheim International GmbH
- GlaxoSmithKline PLC
- Mylan
- UPM Pharmaceuticals
Data Sources and Methodology
To gather comprehensive insights on the Global Artificial intelligence engineering Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Artificial intelligence engineering Market.
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- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Product Type
- Vitamin and Dietary Supplements
- Cough & Cold Products
- Analgesics
- Gastrointestinal Products
- Sleep Aids
- Otic Products
- Wart Removers
- Mouth Care Products
- Ophthalmic Products
- Botanicals
- Antacids
- Smoking Cessation Products
- Feminine Care
- Others
By Dosage Form
- Tablets
- Hard Capsules
- Powders
- Ointments
- Soft Capsules
- Liquids
- Others
By Route of Administration
- Oral
- Parenteral
- Topical
- Others
By Distribution Channel
- Drug Stores & Retail Pharmacies
- Hospital Pharmacies
- Online Pharmacies
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Artificial intelligence engineering market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Artificial intelligence engineering market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Artificial intelligence engineering market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Artificial intelligence engineering market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on U.S. Over the Counter (OTC) Drugs Market
5.1. COVID-19 Landscape: U.S. Over the Counter (OTC) Drugs Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. U.S. Over the Counter (OTC) Drugs Market, By Product Type
8.1. U.S. Over the Counter (OTC) Drugs Market Revenue and Volume Forecast, by Product Type, 2024-2033
8.1.1. Vitamin and Dietary Supplements
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Cough & Cold Products
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Analgesics
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
8.1.4. Gastrointestinal Products
8.1.4.1. Market Revenue and Volume Forecast (2021-2033)
8.1.5. Sleep Aids
8.1.5.1. Market Revenue and Volume Forecast (2021-2033)
8.1.6. Otic Products
8.1.6.1. Market Revenue and Volume Forecast (2021-2033)
8.1.7. Wart Removers
8.1.7.1. Market Revenue and Volume Forecast (2021-2033)
8.1.8. Mouth Care Products
8.1.8.1. Market Revenue and Volume Forecast (2021-2033)
8.1.9. Ophthalmic Products
8.1.9.1. Market Revenue and Volume Forecast (2021-2033)
8.1.10. Botanicals
8.1.10.1. Market Revenue and Volume Forecast (2021-2033)
8.1.11. Antacids
8.1.11.1. Market Revenue and Volume Forecast (2021-2033)
8.1.12. Smoking Cessation Products
8.1.12.1. Market Revenue and Volume Forecast (2021-2033)
8.1.13. Feminine Care
8.1.13.1. Market Revenue and Volume Forecast (2021-2033)
8.1.14. Others
8.1.14.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. U.S. Over the Counter (OTC) Drugs Market, By Dosage Form
9.1. U.S. Over the Counter (OTC) Drugs Market Revenue and Volume Forecast, by Dosage Form, 2024-2033
9.1.1. Tablets
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Hard Capsules
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Powders
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
9.1.4. Ointments
9.1.4.1. Market Revenue and Volume Forecast (2021-2033)
9.1.5. Soft Capsules
9.1.5.1. Market Revenue and Volume Forecast (2021-2033)
9.1.6. Liquids
9.1.6.1. Market Revenue and Volume Forecast (2021-2033)
9.1.7. Others
9.1.7.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. U.S. Over the Counter (OTC) Drugs Market, By Route of Administration
10.1. U.S. Over the Counter (OTC) Drugs Market Revenue and Volume Forecast, by Route of Administration, 2024-2033
10.1.1. Oral
10.1.1.1. Market Revenue and Volume Forecast (2021-2033)
10.1.2. Parenteral
10.1.2.1. Market Revenue and Volume Forecast (2021-2033)
10.1.3. Topical
10.1.3.1. Market Revenue and Volume Forecast (2021-2033)
10.1.4. Others
10.1.4.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 11. U.S. Over the Counter (OTC) Drugs Market, By Distribution Channel
11.1. U.S. Over the Counter (OTC) Drugs Market Revenue and Volume Forecast, by Distribution Channel, 2024-2033
11.1.1. Drug Stores & Retail Pharmacies
11.1.1.1. Market Revenue and Volume Forecast (2021-2033)
11.1.2. Hospital Pharmacies
11.1.2.1. Market Revenue and Volume Forecast (2021-2033)
11.1.3. Online Pharmacies
11.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 12. U.S. Over the Counter (OTC) Drugs Market and Trend Forecast
12.1. U.S.
12.1.1. Market Revenue and Volume Forecast, by Product Type (2021-2033)
12.1.2. Market Revenue and Volume Forecast, by Dosage Form (2021-2033)
12.1.3. Market Revenue and Volume Forecast, by Route of Administration (2021-2033)
12.1.4. Market Revenue and Volume Forecast, by Distribution Channel (2021-2033)
Chapter 13. Company Profiles
13.1. Bayer AG
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Takeda Pharmaceutical Company Ltd.
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Pfizer
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Johnson & Johnson Services Inc.
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Sanofi S.A.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Novartis AG
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Boehringer Ingelheim International GmbH
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. GlaxoSmithKline PLC
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Mylan
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. UPM Pharmaceuticals
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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