Transdermal Skin Patches Market Overview
The market for transdermal skin patches is anticipated to grow at a compound annual growth rate (CAGR) of 2.7% to reach US$11.67 billion by 2030.
Transdermal Skin Patches Market Scope and Methodology:
The Transdermal Skin Patches market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Transdermal Skin Patches market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Transdermal Skin Patches Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Transdermal Skin Patches Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Transdermal Skin Patches Market Regional Insights
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Transdermal Skin Patches market situations in various nations. The Transdermal Skin Patches market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
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Transdermal Skin Patches Market Segmentation
by Type
Single Layer Drug in Adhesive
Multiple layer Drug in Adhesive
Matrix
Others
For patients who wish to stop having to remember to take pills or tablets, single-layer drug-in adhesive is generally a cheap and practical solution. It also relieves caretakers. Compared to oral and other modes of administration, the approach is self-administered, non-invasive, painless, and usually permits less frequent or one-time dosage application. The highest anticipated market share worldwide is expected to go to in vivo pharmacokinetics and efficacy evaluation, as well as the development of drug-in-adhesive transdermal patches.
by Application
Pain Relief
Smoking Reduction and Cessation Aid
Overactive Bladder
Hormonal Therapy
Other Application
It is anticipated that throughout the forecast period, the global market would be outpaced by the use of commercial transdermal devices and non-inflammatory treatments for local pain management. Transdermal skin patches are widely used to treat chronic back pain and arthritis, particularly to lessen back discomfort. Between 30 and 50 percent of cancer patients have pain, and as the disease progresses, discomfort becomes considerably more prevalent. For moderate to severe cancer pain, transdermal opioids are safe, effective, and have a lot less side effects than oral morphine.
by Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
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Transdermal Skin Patches Market Key Players
1. Teva Pharmaceutical Industries Ltd.
2. Mylan Pharmaceuticals Inc
3. 3M Company
4. Accrux Ltd.
5. Access Pharmaceuticals Inc.
6. Novartis AG
7. Teikoku Pharma USA Inc
8. Hisamitsu Pharmaceutical
9. UCB
10. GlaxoSmithKline
11. Boehringer Ingelheim
12. Johnson & Johnson
13. Endo International
14. Purdue Pharma
15. Chrono Therapeutics
16. CeQur
17. Agile Therapeutics
18. Allergan
19. ANI Pharmaceuticals
20. Antares Pharma
21. Bayer HealthCare Pharmaceuticals
22. Chase Pharmaceuticals
Key questions answered in the Transdermal Skin Patches Market are:
- What is Transdermal Skin Patches ?
- What was the Transdermal Skin Patches market size in 2023?
- What is the growth rate of the Transdermal Skin Patches Market?
- Which are the factors expected to drive the Transdermal Skin Patches market growth?
- What is the CAGR at which the Transdermal Skin Patches market will grow during the forecast period?
- What are the different segments of the Transdermal Skin Patches Market?
- Which is the fastest growing region in the Transdermal Skin Patches market?
- What growth strategies are the players considering to increase their presence in Transdermal Skin Patches ?
- What are the upcoming opportunities and trends for the Transdermal Skin Patches Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Transdermal Skin Patches Market?
- Who are the leading companies and what are their portfolios in Transdermal Skin Patches Market?
- What segments are covered in the Transdermal Skin Patches Market?
- Who are the key players in the Transdermal Skin Patches market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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