Transdermal Drug Delivery Systems Market By Type Of Delivery System (Passive, Active), By Application (Analgesics, Hormone Replacement Therapies, Hypertension, Motion Sickness, Smoking Cessation, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
The global transdermal drug delivery systems market size was valued at $52,476.5 million in 2020, and is projected to reach $87,322.4 million by 2030, registering a CAGR of 4.9% from 2021 to 2030. Transdermal drug delivery systems are dosage forms that are designed to deliver an effective amount of drug across a patient's skin. The adhesive used in transdermal drug delivery systems govern the safety, efficiency, and quality of the product.
Transdermal drug delivery systems are capable of maintaining adequate concentration of medicine in the blood for a long period of time. These systems can also reduce the chances of systemic adverse reactions, such as gastrointestinal tract disorders.
The increase in number of patients suffering from chronic diseases, such as heart diseases, diabetes, and arthritis has significantly increased owing to lifestyle changes and stressful work culture. Furthermore, the global geriatric population is also on the rise. These factors positively influence the growth of the market. However, side-effects caused by the use of transdermal drug delivery systems can restraint the market growth. Advancements in technologies enable the use of transdermal systems for delivering a wide range of drugs.
The transdermal drug delivery systems market is segmented on the basis of type of delivery, application, and region. By type of delivery, the market is classified into passive and active.. By application, it is categorized into analgesics, hormone replacement therapy, hypertension, motion sickness, smoking cessation and others . By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
COMPETITION ANALYSIS
The major market participants profiled in this report include Altaris, Bayer AG, Boehringer Ingelheim GmbH, Endo International plc, GlaxoSmithKline plc, Hisamitsu Pharmaceutical Co. Inc., Johnson & Johnson, Novartis AG, Purdue Pharma L.P. and Viatris Inc.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current and emerging transdermal drug delivery systems market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030.
Extensive analysis of the transdermal drug delivery systems market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global transdermal drug delivery systems market forecast analysis from 2021 to 2030 is included in the report.
The key market players within transdermal drug delivery systems market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the transdermal drug delivery systems industry.
Key Market Segments
By BY TYPE OF DELIVERY SYSTEM
Passive
Active
By BY APPLICATION
Analgesics
Hormone Replacement Therapies
Hypertension
Motion Sickness
Smoking Cessation
Others
By BY REGION
Asia-Pacific
Japan
China
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
North America
U.S
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Key Market Players
Viatris Inc.
Bayer AG
Boehringer Ingelheim GmbH
Endo International plc
GlaxoSmithKline plc
Johnson & Johnson
Novartis AG
Purdue Pharma L.P.
Altaris
Hisamitsu Pharmaceutical Co. Inc.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook