Topical Drugs Market by Product (Liquid Formulations, Semi-Solid Formulations, Solid Formulations), End-use (Burn Centers, Home Care Settings, Hospitals & Clinics) - Global Forecast 2024-2030

Topical Drugs Market by Product (Liquid Formulations, Semi-Solid Formulations, Solid Formulations), End-use (Burn Centers, Home Care Settings, Hospitals & Clinics) - Global Forecast 2024-2030


The Topical Drugs Market size was estimated at USD 15.44 billion in 2023 and expected to reach USD 16.86 billion in 2024, at a CAGR 9.64% to reach USD 29.43 billion by 2030.

Global Topical Drugs Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Topical Drugs Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Topical Drugs Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Topical Drugs Market, highlighting leading vendors and their innovative profiles. These include AbbVie Inc., Almirall, S.A, Bausch Health Companies Inc., Bayer AG, Cigna Health and Life Insurance Company, Concert Pharmaceuticals, Eli Lilly and Company, GlaxoSmithkline PLC, Hisamitsu Pharmaceuticals Co. Inc., Johnson & Johnson Services, Inc., LEO Pharma A/S, Lupin Limited, Mayne Pharma Group Limited, Mylan N.V., and Tergus Pharma.

Market Segmentation & Coverage

This research report categorizes the Topical Drugs Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Liquid Formulations
Solutions

Suspensions
Semi-Solid Formulations
Creams

Gel

Lotions

Ointments

Pastes
Solid Formulations
Powders

Suppositories
Transdermal Products
Transdermal Patches

Transdermal Semi-Solids
End-use
Burn Centers
Home Care Settings
Hospitals & Clinics
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Topical Drugs Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Topical Drugs Market?
3. What are the technology trends and regulatory frameworks in the Topical Drugs Market?
4. What is the market share of the leading vendors in the Topical Drugs Market?
5. Which modes and strategic moves are suitable for entering the Topical Drugs Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Topical Drugs Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising incidence of skin disorders, and diabetes
5.1.1.2. Increasing demand for self-administered drugs and steroid-free topical medication
5.1.1.3. Favorable government approvals for topical drugs
5.1.2. Restraints
5.1.2.1. Irritations and allergies associated with topical treatments
5.1.3. Opportunities
5.1.3.1. Innovation in topical drug formulations
5.1.3.2. Advancements in drug delivery systems
5.1.4. Challenges
5.1.4.1. Complex formulations of topical drugs
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Topical Drugs Market, by Product
6.1. Introduction
6.2. Liquid Formulations
6.3.1. Solutions
6.3.2. Suspensions
6.3. Semi-Solid Formulations
6.4.1. Creams
6.4.2. Gel
6.4.3. Lotions
6.4.4. Ointments
6.4.5. Pastes
6.4. Solid Formulations
6.5.1. Powders
6.5.2. Suppositories
6.5. Transdermal Products
6.6.1. Transdermal Patches
6.6.2. Transdermal Semi-Solids
7. Topical Drugs Market, by End-use
7.1. Introduction
7.2. Burn Centers
7.3. Home Care Settings
7.4. Hospitals & Clinics
8. Americas Topical Drugs Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Topical Drugs Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Topical Drugs Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. AbbVie Inc.
12.1.2. Almirall, S.A
12.1.3. Bausch Health Companies Inc.
12.1.4. Bayer AG
12.1.5. Cigna Health and Life Insurance Company
12.1.6. Concert Pharmaceuticals
12.1.7. Eli Lilly and Company
12.1.8. GlaxoSmithkline PLC
12.1.9. Hisamitsu Pharmaceuticals Co. Inc.
12.1.10. Johnson & Johnson Services, Inc.
12.1.11. LEO Pharma A/S
12.1.12. Lupin Limited
12.1.13. Mayne Pharma Group Limited
12.1.14. Mylan N.V.
12.1.15. Tergus Pharma
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. TOPICAL DRUGS MARKET RESEARCH PROCESS
FIGURE 2. TOPICAL DRUGS MARKET SIZE, 2023 VS 2030
FIGURE 3. TOPICAL DRUGS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. TOPICAL DRUGS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. TOPICAL DRUGS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. TOPICAL DRUGS MARKET DYNAMICS
FIGURE 7. TOPICAL DRUGS MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. TOPICAL DRUGS MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. TOPICAL DRUGS MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
FIGURE 10. TOPICAL DRUGS MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS TOPICAL DRUGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS TOPICAL DRUGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES TOPICAL DRUGS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES TOPICAL DRUGS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC TOPICAL DRUGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC TOPICAL DRUGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA TOPICAL DRUGS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA TOPICAL DRUGS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. TOPICAL DRUGS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. TOPICAL DRUGS MARKET SHARE, BY KEY PLAYER, 2023

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