Topical Drug Delivery Market Comprehensive Analysis, Growth, Trends and Forecast by Key Players Crescita Therapeutics Inc., Medpharm, 3M, Bayer AG, Novartis AG, Janssen Global Services, LLC

This Topical Drug Delivery Market report presents with the clear suggestion about the market potential for each geographical region based on the growth rate, macroeconomic considerations, consumer buying patterns, probable future trends, market demand and supply scenarios. The report uses a good combination of advanced industry insights, practical solutions, talent solutions and latest technology to provide an excellent experience to the end users. To attain an unmatched and comprehensive insight along with the best acquaintance of the emerging market opportunities businesses must adopt this Global Topical Drug Delivery Market research report.

Global Topical Drug Delivery Market is expected to rise from its initial estimated value of USD 120.82 billion in 2018 to an estimated value of USD 240.76 billion by 2026, registering a CAGR of 9.00% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing preference for topical drug delivery.

Global Topical Drug Delivery Market By Product Type (Formulations,( {Topical (Solid, Liquid, Semi-Solid), Transdermal (Patches, Gels)}), Application of Drug (Skin Drug, Ophthalmic Drug, Rectal Drug, Vaginal Drug, Nasal Drug), End-User (Hospitals, Clinics, Home Healthcare, Diagnostic Centers, Others); Distribution Channel (Direct Tenders, Retail);Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

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Few of the major competitors currently working in the nerve repair biomaterial market are: Galderma S.A. (Switzerland), GlaxoSmithKline plc. (U.K.), Valeant Pharmaceuticals International, Inc. (Canada), Crescita Therapeutics Inc. (Canada), Medpharm (U.K.), 3M (U.S.), Bayer AG (Germany), Novartis AG (Switzerland), Janssen Global Services, LLC (U.S.), Cipla Inc. (India), West Pharmaceutical Services ,Inc (US), Biofarmitalia s.r.l (Italy), Pharmatek Laboratories, Inc. (US), Stiefel Laboratories, Inc. (US), Tapemark (US), Acrux Limited (Australia), Nitto Denko Corporation (Japan), Skinvisible Pharmaceuticals, Inc. (us), Mylan N.V. (US), Pocono Coated Products LLC (US), Lohmann Therapie-Systeme AG (Germany).

Market Definition: Global Topical Drug Delivery Market

Topical drug delivery is one of the most effective ways of drug delivery as it gives optimum therapeutic outcomes. Gradually, the topical drug delivery system has become increasingly important in the pharmaceutical industry. The pharmacological response, both the desired therapeutic effect and the undesired unfavourable effect of a drug is dependent on the concentration of the drug at the place of action, which in turn depends upon the dosage form and the extent of absorption of the drug at the site of action.

According to World Health Organization, there were an estimated 9.6 million deaths in 2018 due to cancer; Cancer is the second leading cause of death globally. About 1 in 6 deaths is due to cancer. These deaths could have been avoided with the availability of proper medical for healthcare procedures. This significant number is expected to act as a driver to the market growth

Market Drivers

There is high demand for prevalence of skin diseases is expected to act as a driver to the market growth

High growing preference for topical drug delivery is also expected to act as a driver to the market growth

There is increase in incidence of burn injuries is also expected to act as a driver to the market growth

Rising incidence of diabetes is also to drive the market

Market Restraints

Negative impact of product recalls is expected to restrain the market growth.

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Segmentation: Global Topical Drug Delivery Market

By Product Type

Topical
Solid Topical Formulations
Suppositories
Powders
Semi-Solid Topical Formulations
Creams
Gels
Ointments
Pastes
Lotions
Liquid Topical Formulations
Solutions
Suspensions
Transdermal
Patches
Gels

By Application of Drug

Skin Drug
Ophthalmic Drug
Rectal Drug
Vaginal Drug
Nasal Drug

By End User

Hospitals and Private Clinics
Home Care Settings
Other

By Distribution Channel

Direct Tenders
Retail

By Geography

North America
South America
Europe
Asia-Pacific
Middle East & Africa

Table of Contents:

1. INTRODUCTION

2. MARKET SEGMENTATION

3. MARKET OVERVIEW

4. PREMIUM INSIGHTS

5. EXECUTIVE SUMMARY

6. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY TYPE

7. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY INDICATION

8. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY DISTRIBUTION CHANNEL

9. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY END USER

10. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY GEOGRAPHY

11. GLOBAL TOPICAL DRUG DELIVERY MARKET, COMPANY SHARE

12. COMPANY PROFILES

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