Global Drug Loaded Oral Thin Films Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The drug-loaded oral thin films market is anticipated to grow at a significant CAGR 6% during the forecast period (2022-2028).Drugs that are available in the form of oral thin films are a new way of providing medicines to the concerned group. The oral form of many drugs is not available due to the enzymes and pH of the stomach. To cater to the need for such drugs, pharmaceutical companies have developed drugs that are present in thin dissolving films. In the case of an oral dissolving tablet, there was a risk of drowning. Oral thin films are a preferable alternative for patients over oral dissolving tablets. As soon as this film is placed in the mouth, they come in contact with saliva and get dissolved. The release of the drug takes place after it comes in contact with saliva.

The development of effective drugs in the form of oral thin films is expected to drive the market during the forecast period. For instance, in Jan 2022, Revive Therapeutics Ltd. has announced that it is working on developing a psilocybin-based product pipeline that will be effective in the treatment of mental illness and certain types of neurological disorders. The company said that they are focusing on research & development and clinical trials are going on to develop an oral psilocybin thin file strip.

The global drug-loaded oral thin films market is segmented by type and by end-user. Based on type, the market is sub-segmented into flash release, mucoadhesive melt away wafers, mucoadhesive sustained-release wafers. Based on end-user, the market is sub-segmented into hospitals, clinics, and others. Mucoadhesive melt-away wafers are a film that has water dissolving polymer. This polymer is generally a hydrocolloid. This polymer makes the drug dissolve when it comes in contact with the tongue. This wafer or film dissolves to release drugs for mucosal and intragastric absorption.

Some of the key players operating in the global drug-loaded oral thin films market are Labtec, BioAlliance Pharma, MonoSol Rx, Hughes Medical Corp., Paladin Labs, ZIM Laboratories Limited, Indivior plc,

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By End-User

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- C.L.Pharm Co., Ltd., ZIM Laboratories Ltd, Aquestive Therapeutics, Inc., and Others

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Drug Loaded Oral Thin Films Market is available at:
https://orionmarketreports.com/global-drug-loaded-oral-thin-films-market/109506/

Drug Loaded Oral Thin Films Market Report By Segment

By Type
• Antiulcer
• Antiasthamatics
• Antitussives
• Antihistamines
• Expectorants

By End-User
• Hospital
• Clinic
• Others

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This release was published on openPR.