What’s Driving the Transdermal Patches Market Trends Globally? Key Players are Bayer, Novartis, Abbott, AdhexPharma, ProSolus, Inc., Tapemark, Tesa Labtec GmbH, Nitto Denko Corporation, Noven Pharmaceuticals, Inc, Corium International, Inc
This Transdermal Patches report is a superior and comprehensive market research report which endows professionals with a lot of aspects about the market and the industry. This Transdermal Patches market research report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. Businesses can accomplish an unmatched insights and expertise of the best market opportunities into their relevant markets with the help of this market research report. This report is structured with the meticulous efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters.
Global Transdermal Patches Market is expected to reach USD 7383.47 Billion by 2026 from USD 4445.18 Billion in 2017 at a CAGR of 5.8%. The upcoming market report contains data for historic year 2017, base year for this study is 2018 and the forecast period is 2019–2026. The rising number of diabetic patients across the globe is likely to increase the consumption of transdermal drug delivery patch.
According to WHO, in the year 2017, the number of people suffering from diabetes globally was about 422 million.
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Some other pivotal details include a brief overview of the firm – generic outline, product description, present valuation and standing in the industry, etc.
A detailed cover-up of the regional landscapes of the Transdermal Patches market:
The study extensively elaborates on the geographical expanse of the Transdermal Patches market, spanning zones such as United States, China, Europe, Japan, Southeast Asia & India.
The market share that each region holds, alongside the growth prospects of the region, in consort with the growth rate that every topography is projected to register over the forecast period have been delivered in the Transdermal Patches market report.
Key Developments in the Market:
In December 2018, Hisamitsu Pharmaceutical Co., Inc. (Japan) announced that the transdermal, pain management patch FENTOSTAPE achieved the primary endpoint of the Phase III clinical study in Japan.
In July 2018, Mylan N.V. (U.S.) launched generic version of Novartis’ Exelon Patch known as Rivastigmine Transdermal System for the treatment of patients suffering from dementia in the US.
Increasing advantages over the oral and ingesting medications is expected to drive the market growth
Non-Invasive and painless administration of medication is also expected to drive the market growth
Inability of the skin to absorb large range of medications is expected to restrain the market growth
Development of contact dermatitis or other skin infections at the site of application is also expected to restrain the market growth
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Segmentation: Global Transdermal Patches Market
Cardiovascular, CNS, Pain Management, Dermatology, Others
Electric current, Mechanical arrays, Thermal Ablation, Chemical Enhancers, Others
Middle East and Africa
Some of the Major Highlights of TOC covers:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Chapter 2: Executive Summary
Chapter 3: Transdermal Patches Industry Insights
Technological and innovation landscape
Chapter 4: Transdermal Patches Market, By Region
Chapter 5: Company Profile
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Key Market Competitors: Global Transdermal Patches Market
Few of the major competitors currently working in the Transdermal Patches Market are AdhexPharma, ProSolus, Inc., Tapemark, Tesa Labtec GmbH, Nitto Denko Corporation, Noven Pharmaceuticals, Inc. (Wholly-owned subsidiary of Hisamitsu Pharmaceutical Co., Inc.), LTS Lohmann, Therapie-Systeme AG, Medherant Limited, Corium International, Inc., Bayer AG, ANI Pharmaceuticals Inc., Novartis AG, Janssen Pharmaceuticals Inc., Antares Pharma Inc., Aneva Drug Delivery Systems, Abbott Laboratories, Medipatch, Inc., Mylan Pharmaceutical, Inc., Acrux Limited among others.
Key Reasons to Purchase:
To gain insightful analyses of the market and have comprehensive understanding of the Global Transdermal Patches Market and its commercial landscape
Assess the Transdermal Patches production processes, major issues, and solutions to mitigate the development risk
To understand the most affecting driving and restraining forces in the Transdermal Patches Market and its impact in the Global market
Learn about the market strategies that are being adopted by leading respective organizations
To understand the future outlook and prospects for Global Transdermal Patches Market
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Transdermal drug delivery system, over the past decades, has emerged as a major tool for treating diseases of the skin. The major underlying factor driving this method is that the human skin is the most readily accessible surface for the delivery of drugs. A transdermal patch is defined as a medicated adhesive patch which is placed on the skin for delivering a specific dose of medication through the layers of