Nicotine Transdermal Patches Market to see Rapid Growth by 2029
Moreover, the market is also growing due to the rising awareness regarding the benefits of using nicotine patches. Furthermore, the rising government initiatives and activities to reduce smoking is driving the growth of the market. For instance, in 2015, US Food and Drug Administration launched a fresh empire campaign. It was launched to prevent and reduce tobacco use among youths of age 12-17 years who are at high risk and who identify with hip-hop culture, specifically African American, Hispanic, and Asian American/ Pacific Islander youth. However, the growth of the market is hampered due to the side effects related to nicotine patches.
Moreover, based on type, the market is segmented into 16-hour nicotine patches and 24-hour nicotine patches. The 24 hours nicotine patches segment is expected to hold a prominent share in the market owing to increasing demand as well as effectiveness to curb the urges and drawbacks related to smoking. Some major players in the market include GlaxoSmithKline plc, Johnson & Johnson Services, Inc., and Novartis International AG, among others.
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The market number available for - 2021-2029
Base year- 2021
Forecast period- 2023-2029
Rest of the World
Competitive Landscape- GlaxoSmithKline plc, Johnson & Johnson Services, Inc., and Novartis International AG, among others.
Nicotine Transdermal Patches Market Report by Segment
16-Hour Nicotine Patch
24-Hour Nicotine Patch
Age Below 30
Age Above 50
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Nicotine Transdermal Patches Market Report by Region
Rest of Europe
Rest of APAC
Rest of the World
Middle East & Africa
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