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Topical Drug Delivery Market: Reporting and Evaluation of Recent Industry Developments 2025

02-25-2019 10:34 AM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Topical Drug Delivery Market: Reporting and Evaluation

Major factors that drive the topical drug delivery market are the high prevalence of skin diseases and burn injuries, deep penetration of drugs in the body, growth in preference for topical drug delivery due to non-invasive nature, and rise in geriatric population. However, the side effects of topical drugs, such as allergies and rashes, and slow onset of action restrain market growth. Factors such as delivery of biologics through the transdermal route and acquisition of small market players are expected to present numerous opportunities for market growth in the near future.

The topical drug delivery market is segmented on the basis of product, route of administration, end user, and region. On the basis of product, it is bifurcated into formulations and devices. The formulation is sub-segmented into liquid, semisolid, and solid topical formulations. Devices are further classified into transdermal patches and transdermal gels.

Download Sample Report @ https://www.alliedmarketresearch.com/request-toc-and-sample/2601

MARKET PLAYERS:

• Novartis AG
• Cipla.
• Valeant Pharmaceuticals International Inc.
• Crescita Therapeutics Inc.
• MedPharm Group Ltd.
• 3M Company
• Bayer AG
• Janssen Global Services LLC

On the basis of route of administration, it is classified into skin, ophthalmic, rectal, vaginal, and nasal. The end-user segment includes hospitals & private clinics, home care settings, and others. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).

KEY BENEFITS OF TOPICAL DRUG DELIVERY MARKET:

• The report offers a quantitative analysis from 2017 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.

• Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.

• Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.

• Exhaustive analysis of the topical drug delivery market by product helps in understanding the types of topical drugs that are currently being used and the variants that would gain prominence in the future.

Browse More Details of Report @ https://www.alliedmarketresearch.com/topical-drug-delivery-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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