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Europe Transdermal Drug Delivery System Market Extensive Industry Analysis, Growth Rate, Segmentation, Investment Opportunities and Top Manufacturers 2027

01-12-2022 09:44 AM CET | Health & Medicine

Press release from: Business Market Insights

Transdermal Drug Delivery System Market

Transdermal Drug Delivery System Market

The Europe transdermal drug delivery system market is projected to reach US$ 2,060.00 million by 2027 from US$ 1,524.63 million in 2019. The market is anticipated to grow with a CAGR of 4.0% from 2020 to 2027. Factors driving the market growth increasing prevalence of chronic diseases, growing demand for non-invasive drug delivery devices, and high demand for self-administration of drugs. However, the drug failure and recalls of transdermal drug delivery systems are likely to have a negative impact on the market growth.

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Key companies profiled in this research study are:
Novartis AG
Boehringer Ingelheim International GmbH
Lavipharm
GlaxoSmithKline plc
Bayer AG

EUROPE TRANSDERMAL DRUG DELIVERY SYSTEM MARKET SEGMENTATION
By Type
Transdermal Patches
Matrix Patches
Microneedle Patches
Drug-In-Adhesive Patches
Reservoir Membrane Patches
Transdermal Semisolids
Sprays
Gels
Ointments

By Application
Cardiovascular Diseases
Central Nervous System Disorders
Pain Management
Hormonal Applications
Transdermal Estrogen Therapy
Testosterone Replacement Therapy

Other Applications
By End User
Hospitals and Clinics
Home Care Settings
Other End Users

Key Market Segments
Based on type, the transdermal patch segment accounted for a larger share of the Europe transdermal drug delivery system market in 2019. Based on application, the pain management segment held the largest share of the market in 2019. In terms of end user, the hospitals and clinics segment held a larger share of the transdermal drug delivery system market in Europe.

The reports cover key developments in the Transdermal Drug Delivery System Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

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Major Features of Europe Transdermal Drug Delivery System Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Transdermal Drug Delivery System Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Europe Transdermal Drug Delivery System Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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Business Market Insights
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace &Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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