The global recession is causing a substantial proportion of the world's population to cut back on over-the-counter medicines and look for alternative treatments, including natural remedies. A poll conducted by market research firm Nielsen, titled the Global On-line Consumer Survey, took soundings from 25,000 Internet users in 50 countries, with 46% agreeing with the proposition that economic decline will impact demand for OTC products.
Generally, poorer countries were more likely to be where willingness to reduce drug consumption was highest, with China at almost 80% and the Philippines at about 75%. Nations with higher per capita wealth tended to be less likely to skip treatments, such as Sweden, the Netherlands, Denmark and Switzerland.
One difference identified by Jane Sarasohn-Kahn, a health economist writing on her Health Populi blog, is that European consumers are more likely than those in the USA to switch from OTC agents to traditional or natural therapies. She explains that "there is much greater choice in [US OTC] products, which are also 'open shelved'." This means that people can shop around for more and find cheaper versions of the same drug, Ms Sarasohn-Kahn noted.
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