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Transdermal Drug Delivery System Market Analysis, Top Companies, New Technology, Demand and Opportunity Analysis
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The transdermal drug delivery systems market is bifurcated into active and passive systems, on the basis of type of delivery system. The active delivery systems are further categorized as structure based, electrical based and other, of which structure based and electrical based category together accounted for more than 50% of the global active transdermal delivery system market in 2016.
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Transdermal drug delivery systems are used for various applications such as analgesics, hormone replacement therapy, cardiovascular disorders, motion sickness, smoking cessation and others. The hormone replacement therapy category is expected to grow at a CAGR in between 9 – 10% during the forecast period, since these delivery systems are effective and an easiest way of preventing and managing post-menopausal symptoms.
Some of the other key players operating in the transdermal drug delivery systems industry include Acrux Limited, Bayer AG, Boehringer Ingelheim Gmbh, Bristol-Myers Squibb Company, Echo Therapeutics, Inc., Endo Pharmaceuticals Inc., Glaxosmithkline Plc, Johnson & Johnson, Mylan N.V. And Novartis Ag.
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