Oral Thin Films Market is projected to reach $7.2 Billion by 2030 : Cognitive Market Research

Market Overview:
- An oral thin film (OTF) is an extremely thin film that is put in the mouth and is made of a mono or multi-layer polymeric matrix. OTFs are frequently water-based soluble polymers designed to distribute medications in a systematic manner. OTFs dissolve as soon as their formulated activity when they come into touch with a damp surface. They are commonly delivered sublingually (under the tongue) or against the cheek (buccal OTF). Either route allows the medicine to be absorbed fast and efficiently into the bloodstream.

Summary:
- As per our study, the global Oral Thin Films Market value was $ 3.6 Bn in 2022 and is projected to reach $ 7.2 Bn by 2030. The global market is estimated to grow at a CAGR of 10.3% during the forecast period from 2023 to 2030. Increased demand for thin-film medication delivery methods, the growing burden of target diseases, and the advantages associated with thin films are the key driving factors for the oral thin-film market.

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Market Dynamics:
- Increased demand for thin-film medication delivery methods, the growing burden of target diseases, and the advantages associated with thin films are the key driving factors for the oral thin-film market. In addition to that, the advantages of oral thin films such as a larger surface area, precision medicine, and pleasing color and flavor make them more popular, which can also fuel market growth in the future. Oral thin films have a few technical restrictions that can hinder the market growth.

Market Segmentation:
Product Type:
• Sublingual Film
• Fast-dissolving Oral Film
• Buccal Film

Disease Indication:
• Pain Management
• Neurological Disorders
• Nausea & Vomiting
• Opioid Dependence
• Others

Distribution Channel:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies

The Major Players in Oral Thin Films Market are:
ZIM Laboratories, Indivior, Aquestive Therapeutics, Sumitomo Dainippon Pharma, IntelGenx, Pfizer, Novartis, Allergan, NAL Pharma, Solvay

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Regional Analysis:
- North America is expected to dominate the market, owing to the increasing investment in the healthcare sector, increasing cases of target diseases, and innovative product development by the market players are fuelling the growth in this region. Meanwhile, Asia pacific is estimated as the second-largest market for oral thin films market. This is due to increasing spending healthcare sector and the increasing geriatric population in this region.

News:
- Aquestive Therapeutics Announced FDA Clearance of Investigational New Drug Application (IND) for AQST-109 Epinephrine Oral Film (February 2022)
Aquestive Therapeutics, Inc., announced the opening of its Investigational New Drug Application (IND) from the U.S. Food and Drug Administration (FDA) for its drug candidate AQST-109 epinephrine oral film. AQST-109 is a polymer matrix-based epinephrine prodrug administered as a sublingual film that is applied under the tongue for the rapid delivery of epinephrine.

Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Oral Thin Films Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
• 3.1 Global Oral Thin Films Market Size 2018 - 2030, (USD Million)
• 3.2 Global Oral Thin Films Market: Snapshot
Chapter 4 Global Oral Thin Films Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global Oral Thin Films Market by Type Segmentation Analysis (2018-2030)
• 8.1 Detailed Qualitative Analysis
• 8.2 Global Oral Thin Films Revenue and Share (%) by Type (2018-2030)
8.2.1 Sublingual Film
8.2.1.1 Global Sublingual Film Market Share and Revenue (USD Million) for 2018-2030
8.2.2 Fast-dissolving Oral Film
8.2.2.1 Global Fast-dissolving Oral Film Market Share and Revenue (USD Million) for 2018-2030
8.2.3 Buccal Film
8.2.3.1 Global Buccal Film Market Share and Revenue (USD Million) for 2018-2030
Chapter 9 Global Oral Thin Films Market by Disease Indication Segmentation Analysis (2018-2030)
Chapter 10 Global Oral Thin Films Market by Distribution Channel Segmentation Analysis (2018-2030)
Chapter 11 Global Oral Thin Films Market Regional Analysis
Chapter 12 North America Oral Thin Films Market Outlook (2018 - 2030)
Chapter 13 Europe Oral Thin Films Market Outlook (2018 - 2030)
Chapter 14 Asia Pacific Oral Thin Films Market Outlook (2018 - 2030)
Chapter 15 Latin America Oral Thin Films Market Outlook (2018 - 2030)
Chapter 16 Middle East and Africa Oral Thin Films Market Outlook (2018 - 2030)
Chapter 17 Research Findings

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
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Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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