Press release
Transdermal Drug Patches Market Huge Growth By Leading Key Players - Mylan (US), UCB (Belgium), Novartis (Switzerland)
The Transdermal Drug Patches Market Research Report Forecast 2019-2025 is a valuable source of insightful data for business strategists. This Transdermal Drug Patches Market study provides comprehensive data on aspects of competitive intelligence, market research, strategy, planning, pricing and forecasting that enhances the understanding, scope, and application of this report.Transdermal Drug Patches Market size in 2018 valued around USD 5 billion and is set to grow at over 4% CAGR from 2019 to 2025.
The major key players covered in this report: Hisamitsu Pharmaceutical (Japan), Mylan (US), UCB (Belgium), Novartis (Switzerland), GlaxoSmithKline (UK), Boehringer Ingelheim (Germany), Johnson & Johnson (US), Endo International (Ireland), and Purdue Pharma (US).
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Transdermal drug patches production has relatively high technology barrier and is technology intensive industry. Currently, there are many producing companies in the USA transdermal drug patches industry. The main market players are Noven, Mylan, Novartis and Johnson & Johnson. The production of transdermal drug patches will increase to 477482 K Units in 2016 from 340530 K Units in 2011 with average growth rate of 7.00%. USA transdermal drug patches capacity utilization rate remained at around 76.86% in 2015.
This report segments the global Transdermal Drug Patches Market based on Types are:
Fentanyl Transdermal Patch, Nicotine Transdermal Patch, Buprenorphine Transdermal Patch, Clonidine Transdermal Patch, Oxybutynin Transdermal Patch, Others.
Based on Application, the Global Transdermal Drug Patches Market is Segmented into:
Used for Hypertension, Used for Contraception, Used for Analgesia, Used for Smoking Cessation, Used for Angina, Used for Hormone Replacement.
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In January 2018, Hisamitsu Pharmaceutical (Japan) launched ALLESAGA TAPE in the Japanese market.
In July 2018, UCB (Belgium) received the Import Drug License (IDL) for its transdermal rotigotine patch--NEUPRO from the China Food and Drug Administration (CFDA).
In August 2018, Luye Pharma (China) signed an agreement with Bayer AG (Switzerland) to acquire the global rights to the Apleek contraceptive transdermal patch.
Regions covered by Transdermal Drug Patches Market Report.
North America: United States, Canada, and Mexico.
Central and South America: Brazil and Argentina.
The Middle East and Africa: Saudi Arabia, and Turkey.
Europe: Germany, France, UK, Italy, Spain, and Russia.
Asia-Pacific: China, India, Japan, South Korea, Australia, Indonesia, and Singapore.
These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis of segmentation help in offering precise results about the markets related to industry.
Significant Features that are under Offering and Key Highlights of the Reports:
- Detailed overview of Transdermal Drug Patches Market
- Changing Transdermal Drug Patches market dynamics of the industry
- In-depth market segmentation by Type, Application, etc.
- Historical, current and projected Transdermal Drug Patches market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Transdermal Drug Patches Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth.
The report has 150 tables and figures browse the report description and TOC:
https://www.marketinsightsreports.com/reports/01021679456/global-transdermal-drug-patches-market-research-report-2020?source=openpr&mode=86
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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