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Transdermal Gel Market 2019 Research On Global Industry Development With 3M, Johnson & Johnson, Bayer , Boehringer Ingelheim, Mylan, Novartis, GSK, Novell Pharmaceutical Laboratories, And Other

04-08-2019 12:16 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Transdermal Gel Market

Transdermal Gel Market

Global Transdermal Gel Market is expected to rise at a stable CAGR of 12.31% in the forecast period of 2019-2026. Increasing health awareness among consumer is the major factor for the growth of this market.

Transdermal is a route of administration where active ingredients are delivered across the skin for systematic distribution. Transdermal gel is a medication that is applied and absorbed directly through the skin which can provide both local and systemic effects. Different pathways by which drugs can cross the skins and reach systematic circulations are- transcellular pathway, intercellular pathway and microneedles.

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Key Developments in the Market:

• In September 2016, Zynerba Pharmaceuticals announced the launch of its Phase 2 clinical trial, STOP (Synthetic Transdermal Cannabidiol for the knee pain due to osteoarthiris, of ZYN002 cannabidiol (CBD) gel. It is formulated as a permeation- enhanced gel for transdermal delivery.

• In September 2015, Gensco Pharma announced the launch of its new transdermal medication ColciGel that is made for the treatment and prophylaxis of acute gout flares.

Market Drivers:

• Increasing sedentary lifestyle, obesity which causes hypertension; hormonal imbalance etc. is the major factor for the growth of this market.
• Increasing health expenditure in developing countries is driving the market.

Market Restraint:

• The side effects of the transdermal gel is the major factor restraining its growth.

Global Transdermal Gel Market Key Market Competitors:

Few of the major competitors currently working in the transdermal gel market are

• 3M,
• Boehringer Ingelheim International GmbH,
• Mylan N.V.,
• Norvartis AG,
• GlaxoSmithKline plc.,
• Novel Pharmaceutical Labs,
• LTS Lohmann Therapie- Systeme AG,
• Johnson & Johnson Services, Inc.,
• Bayer AG,
• Corium International, Inc.,
• Actavis.

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Global Transdermal Gel Market Segmentation:

• By Technique
o Ionophoresis
o Electroporation
o Sonophoresis

• By End- User
o Home Care Settings
o Hospitals and Clinics

• By Applications
o Pain Management
o Hormonal Applications
o Central Nervous System Disorders
o Cardiovascular Diseases

• By Geography

o North America
 US.
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Rest of South America

o Europe
 Germany
 France
 United Kingdom
 Italy
 Spain
 Russia
 Turkey
 Belgium
 Netherlands
 Switzerland
 Rest of Europe

o Asia-Pacific
 Japan
 China
 South Korea
 India
 Australia
 Singapore
 Thailand
 Malaysia
 Indonesia
 Philippines
 Rest of Asia Pacific

o Middle East & Africa
 South Africa
 Egypt
 Saudi Arabia
 United Arab Emirates
 Israel
 Rest of Middle East & Africa

Competitive Analysis: Global Transdermal Gel Market

Global transdermal gel market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transdermal gel market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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