Global Transdermal Patch Market Growth 2023-2029

Global Transdermal Patch Market Growth 2023-2029

Transdermal Patch is a medicated adhesive patch that is placed on the skin to deliver a specific dose of medication through the skin and into the bloodstream.Transdermal Patches include fentanyl transdermal patch, nicotine transdermal patch, buprenorphine transdermal patch, clonidine transdermal patch, oxybutynin transdermal patch, estradiol transdermal patch, nitroglycerin transdermal patch and many others.

LPI (LP Information)' newest research report, the “Transdermal Patch Industry Forecast” looks at past sales and reviews total world Transdermal Patch sales in 2022, providing a comprehensive analysis by region and market sector of projected Transdermal Patch sales for 2023 through 2029. With Transdermal Patch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transdermal Patch industry.

This Insight Report provides a comprehensive analysis of the global Transdermal Patch landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transdermal Patch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Transdermal Patch market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transdermal Patch and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transdermal Patch.

The global Transdermal Patch market size is projected to grow from US$ 6645.3 million in 2022 to US$ 8589.6 million in 2029; it is expected to grow at a CAGR of 8589.6 from 2023 to 2029.

Transdermal Patches are mainly classified into the following types: Methyl Salicylate-based Patches, Rivastigmine Patches, Fentanyl Patches, Lidocaine Patches, Diclofenac Patches, Nicotine Patches and others. Methyl Salicylate-based segment accounted for the larger part of the revenue market, with 18%, followed by Lidocaine Patches, with 15%.

Transdermal Patches can delivery drugs through Rx Channel or OTC Channel. The former took a larger market share, with its sales volume accounting for about 76% of the total.

Hisamitsu Pharmaceutical, Johnson & Johnson, Nitto Denko and Mylan are the Top 4 players of the global Transdermal Patch market. They took up about 42% of the global market in 2019.

This report presents a comprehensive overview, market shares, and growth opportunities of Transdermal Patch market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Methyl Salicylate-based Patch
Rivastigmine Transdermal Patch
Fentanyl Transdermal Patch
Lidocaine Patch
Diclofenac Patch
Nicotine Transdermal Patch
Others

Segmentation by application
Rx Channel
OTC Channel

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hisamitsu Pharmaceutical
Johnson & Johnson
Novartis
UCB Pharma
Mylan
Teva Pharmaceutical
Nitto Denko
Grünenthal
IBSA Group
GSK
Luye Pharma Group
Pfizer
Chattem
Dr Reddy’s Laboratories
Bayer
Mundipharma
Endo International
Beijing Tide Pharmaceutical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Transdermal Patch market?

What factors are driving Transdermal Patch market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Transdermal Patch market opportunities vary by end market size?

How does Transdermal Patch break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.