Digital healthcare space to be encompassed by the Franz Cell and Vapometer Market at a CAGR of 3.4%

Owing to the high demand for transdermal drug products and rise in the advancements of transdermal drug delivery systems in the healthcare sector, the global Franz cell and vapometer market recorded a market value of US$ 6,670.2 Th in 2021. It is further expected to expand at a CAGR of 3.4% over the forecast period (2022-2032).

Importance of identifying the correct formulations of transdermal drugs is a key factor driving the growth of the market. The support of Franz cells in the evaluation of in-vitro transdermal drug permeations is very crucial for depicting the bioavailability of these drugs. This is the most essential driving force for the market.

Most notably, Franz cells are used among end users due to the benefits offered by this methodology while carrying out permeation and absorption studies. These advantages include the use of very low amounts of drugs at the time of analysis. This is something that is essential for researchers, and thereby supports the growth of the market.

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Apart from this, the necessity to measure transepidermal water loss and evaporation rate points out to the surge in the use of vapometers. These parameters indicate the functioning of skin barriers. As the skin structure acts as a huge barrier for the penetration and absorption of transdermal drugs, the need for enhanced functioning of transdermal drugs drives advancements in transdermal drug delivery systems.

These advancements include first to third generation transdermal products pertaining to methods based on drug/vehicle interactions, stratum corneum bypassed, and others.

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Key Takeaways from Market Study

The Franz cells (for transdermal drug delivery) segment held around 95% market share by product type in 2021.

The pharmaceutical companies segment contributed nearly 49% revenue share in 2021.
North America held nearly 1/3 of the global market share in 2021.

The overall Franz cell and vapometer market represents an absolute dollar opportunity of US$ 190.7 Th in 2023 over 2022.

"Increase in the number of pharmaceutical companies involved in the development of transdermal drugs is expected to drive the Franz cell and vapometer market over the coming years," says an analyst of Persistence Market Research.

Market Competition

Key players in the Franz cell and vapometer market are aggressively marketing and selling their products through distributors all across the world. This ensures the improved visibility of products to end users. Additionally, market players are focusing on the needs of customers to provide them with customized products.

Companies such as Xenometrix AG, Copley Scientific, etc., are providing practical training and technical assistance to their customers.

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This release was published on openPR.