Press release
Global Buccal drug delivery market Astonishing Growth | Top Competitors like Teva Pharmaceutical Industries Ltd, Pfizer Inc, Cynapsus, BioDelivery Sciences International, Inc
Global Buccal drug delivery market
Global Buccal drug delivery market is rising gradually with a substantial CAGR in the forecast period of 2019-2026. High demand of buccal drug delivery for ease of drug administration and new products launches are the key factors for market growth.
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Global Buccal Drug Delivery Market By Indication (Pain Management, Smoking Cessation, Angina Pectoris, Cough and Others), Type (Non-Attached Drug Delivery Systems and Bio-Adhesive Drug Delivery Systems), Design (Matrix Type and Reserviour Type), Dosage Forms (Solid Buccal Adhesive Dosage Forms, Semi-Solid Buccal Adhesive Dosage Forms, Liquid Buccal Adhesive Dosage Forms), Drugs (Oral Bioadhesive Formulation, Sublingual Formulation and Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Competitive Analysis:
Global buccal drug delivery 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 global buccal drug delivery market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Players:
Few of the major competitors currently working in the global buccal drug delivery market are Teva Pharmaceutical Industries Ltd, Pfizer Inc, Cynapsus, BioDelivery Sciences International, Inc, GlaxoSmithKline plc, MedLab, AstraZeneca, F. Hoffmann-La Roche Ltd, Dr. Reddy’s Laboratories Ltd, Sanofi, Generex Biotechnology Corp, Bayer AG, Takeda Pharmaceutical Company Limited, Novartis AG, Indivior PLC, Novo Nordisk A/S, NAPP PHARMACEUTICALS LIMITED, Endo Pharmaceuticals Inc and many others.
Market Definition: Global Buccal Drug Delivery Market
Buccal drug delivery is alternative method of oral drug administration in which drug is delivered through buccal mucosa of oral cavity. The drug is usually placed between the upper gums and cheeks to treat various condition and disease. Additionally, buccal drug delivery is preference more compared to other conventional route of administration. The drugs delivered via buccal route are designed to provide sustained release of active ingredients.
According to the statistics published in Alcohol and Drug Foundation, it is estimated up to 37.7% of people aged 14 years and above have used tobacco in the Australia. These growing cases of nicotine consumptions where buccal drug delivery is predominant intervention and high demand of novel therapies are the key drivers for market growth.
Market Drivers
Increase demand of buccal drug delivery for ease of drug administration is propelling the market growth
Growing preference of buccal drug delivery over conventional drug delivery method acts as a market driver
Rapid adoption of newer formulations and novel dosage forms can boost the market growth
Application of latest technologies in the health care industry can also act as a market driver
Market Restraints
Scientific and major technical challenges for developing the drugs to be administered via buccal will hamper the market growth
High cost involved in research and development for novel formulation is restricting the growth of the market
Patent expiry of major drugs and introduction of generic drugs of branded version is expected to restrict the growth of this market
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Segmentation: Global Buccal Drug Delivery Market
By Indication
Pain Management
Smoking Cessation
Angina Pectoris
Cough
Others
By Type
Non-Attached Drug Delivery Systems
Bio-Adhesive Drug Delivery Systems
By Design
Matrix Type
Reserviour Type
By Dosage Forms
Solid Buccal Adhesive Dosage Forms
Buccal Tablets
Wafers
Lozenges
Semi-Solid Buccal Adhesive Dosage Forms
Gels
Buccal Patches
Buccal Films
Liquid Buccal Adhesive Dosage Forms
By Drugs
Oral Bioadhesive Formulation
Hydrocartisone Succinate
Hypromellose
Miconazole
Chlorohexidine
Sublingual Formulation
Glycerin Trinitrate
Others
By End-Users
Hospitals
Homecare
Specialty Clinics
Others
For More Insights Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-buccal-drug-delivery-market
Key Developments in the Market:
In February 2019, Sandoz, a subsidiary of Novartis AG launched generic version of suboxone (buprenorphine and naloxone), sublingual film for the treatment of opioid dependence. The launchof buprenorphine and naloxone has expanded the company’s generic portfolio in the therapeutic area of psychology
In February 2016, BioDelivery Sciences International, Inc and their distributer partner Endo Pharmaceuticals Inc has launched Belbuca (buprenorphine), buccal film for the treatment of severe pain. The launch of Belbuca provides an important new alternative treatment for individuals suffering from chronic pain throughout the world
Reasons to Purchase this Report
Current and future of global buccal drug delivery market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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