Thin Film Drug Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 - GSK, LTS, J&J, Indivior

The Thin Film Drug Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Thin Film Drug Market Size is Projected to Reach at a CAGR of 10% during 2022-2027.

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Market Overview

The increasing demand for an effective way of drug delivery and the drawbacks associated with the conventional forms of dosage are the major factors propelling the growth of the market. The thin films are believed to be convenient to swallow, self-administrable, and fast dissolving dosage form, all of which make it a versatile platform for drug delivery. There are several routes of delivery oral, buccal, sublingual, ocular, and transdermal routes. Furthermore, the growing investments in research and development programs by pharmaceutical companies are boosting the market growth. However, the various substitute drugs available is the major drawback for market growth.

Top Leading Companies:

GSK, LTS, J&J, Indivior, Pfizer, Sanofi, tesa Labtec, Tapemark, Prestige Bands, Sun Pharma, MonoSol, BioDelivery, Arx, ZIM, NAL Pharma, AdhexPharma, Aavishkar, IntelGenx, APR

Recent Development:

GlaxoSmithKline(GSK) has acquired 27 companies, including 3 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 23 assets. GlaxoSmithKline’s largest acquisition to date was in 2000 when it acquired SmithKline Beecham for $75.7B. Its largest disclosed sale occurred in 2013 when it sold Lucozade Ribena Suntory to Suntory Holdings for $2.1B. GlaxoSmithKline has acquired in 11 different US states, and 9 countries. The Company’s most targeted sectors include life science (82%) and medical products (8%).
Pfizer has acquired 42 companies, including 13 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 16 assets. Pfizer’s largest acquisition to date was in 2000 when it acquired Warner-Lambert Company for $90.2B. Its largest disclosed sale occurred in 2006 when it sold Pfizer Consumer Healthcare to Johnson & Johnson for $16.6B. Pfizer has acquired in 11 different US states, and 8 countries. The Company’s most targeted sectors include life science (90%) and consumer products (6%).

Thin Film Drug Market Segmentation by Type:

Oral Thin Film
Transdermal Thin Film
Others

Thin Film Drug Market Segmentation by Application:

Hospitals
Drugstores
Others

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North America Dominates the Market and Expected to do Same in the Forecast Period

North America is expected to dominate the overall thin film drug market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, advanced technologies used in pharmaceutical research and development for the discovery of novel drug delivery techniques. Furthermore, the rising demand for efficient drug delivery routes and their adequacy in the region would further drive the thin film drug market in the future. Moreover, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase market growth.

Regional Thin Film Drug Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Thin Film Drug Market Report:

Detailed overview of Thin Film Drug Market
Changing the Thin Film Drug market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Thin Film Drug market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Thin Film Drug Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Thin Film Drug Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Thin Film Drug industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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