Transdermal Drug Delivery System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Report Code: ZMR-3835 | Report Format : | Status : Upcoming |

Abstract

Global Transdermal Drug Delivery System Market: Overview

Transdermal drug delivery system can deliver the drugs through the skin portal to systemic circulation at a predetermined rate and maintain clinically the effective concentrations over an elongated period.  With current advancements witnessed in the biotechnology and capability of the medical practitioners to use the drug towards the target location without rupturing of the skin, the transdermal drug delivery systems are being widely accepted as drug administrating route across the globe.

Global Transdermal Drug Delivery System Market: Growth Factors

Rise in the occurrence of chronic ailments and technological breakthroughs witnessed in biotechnology, healthcare, and pharma sectors will boost the transdermal drug delivery system market trends. A plethora of applications of the systems witnessed in pain management, hormonal disorders, cardiovascular diseases, and central nervous system ailments are likely to generate lucrative growth avenues for transdermal drug delivery system market in the years ahead. Beneficial features such as non-invasiveness, causing low pain in patients, complete administration of dose, and ease of treatment termination is likely to drive the growth of transdermal drug delivery system market in the years ahead.

Rise in geriatric population as well as inflation in the number of patients suffering from chronic disorders, such as hypertension, diabetes, and angina, are expected to drive the transdermal drug delivery system market expansion. Moreover, surge in adoption of new delivery system technologies such as ultrasound, boosts the market growth. However, disadvantages of these delivery systems, such as irritation at the site of application and edema, are expected to impede the transdermal drug delivery system market growth.

Global Transdermal Drug Delivery System Market: Segmentation

Transdermal drug delivery system market is classified into type, application, and end user. Based on the type, the transdermal drug delivery system market is sectored into patches and semisolid formulations. On the basis of application, the transdermal drug delivery system market is segmented into pain management, central nervous system disorders, hormonal applications, and cardiovascular diseases. Based on the end user, the market is classified into home care settings and hospitals & clinics segment.

Global Transdermal Drug Delivery System Market: Regional Analysis

Based on region, the global transdermal drug delivery system market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. 

North America is the major revenue generating region in the transdermal drug delivery systems market. The transdermal drug delivery systems market in the region is driven by the rising prevalence of targeted diseases such as chronic pain, central nervous system disorders, and cardiovascular diseases. The increasing use of contraceptives and the rise in the number of research activities related to transdermal drug delivery systems will further drive the transdermal drug delivery systems market earnings in the region.

Asia Pacific transdermal drug delivery system market is anticipated to contribute notably towards the global transdermal drug delivery system market revenue in the coming years. The growth can be attributed to increase in emergency medical occurrences and the inflating surgical procedures.

Europe, LATAM, and MEA are expected to contribute notably towards the transdermal drug delivery system market size in the years ahead.

Global Transdermal Drug Delivery System Market: Competitive Players

Some of key players in transdermal drug delivery system market are ALLERGAN, Endo International plc, GlaxoSmithKline plc, Hisamitsu Pharmaceutical Co.Inc., IBSA Institut Biochimque SA, Mylan N.V. , Pfizer, Inc., TEH SENG Pharmaceutical Mfg. Co., Ltd., and Teikoku Seiyaku Co., Ltd., 3M Pharmaceuticals Inc., Actelion Pharmaceuticals Ltd, Bayer Crop Science Ltd., BioGel Technology Inc., Upsher-Smith Laboratories, Inc., Johnson & Johnson Limited, Mylan Pharmaceuticals Inc., Novartis AG, Janssen Pharmaceuticals, Inc., Noven Pharmaceuticals Inc., Boehringer Ingelheim GmbH, and Actavis Inc.

Global Transdermal Drug Delivery System Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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