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2023 Oral Thin Films Global Market | Insights, Industry Outlook, Growing Trends And Top Key Players ZIM Laboratories, NAL Pharma, Cure Pharmaceutical, IntelGenx Corp., Kyu Kyu Pharmaceutical Co. Ltd
Oral Thin Films Market
As per the Oral Thin Films market report by The Business Research Company, rising demand for thin-film drug delivery systems is propelling the growth of the oral thin film market. Thin films have been identified as a potential alternative to standard dosage forms. It is a convenient, self-administrable, and fast-dissolving dosage form for the delivery of medications, which makes it a versatile drug delivery platform. Thin films are taken orally and do not require water to be swallowed to absorb a drug. OTF is more patient-friendly due to its rapid dissolution rate. Due to these reasons, the demand for thin-film drug delivery systems is increasing, which is bringing more demand for oral thin films as well.
The global oral thin films market size grew from $3.58 billion in 2022 to $3.99 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The oral thin films market size is expected to grow to $6.22 billion in 2027 at a CAGR of 11.7%.
Read More On The Oral Thin Films Market Report Here:
https://www.thebusinessresearchcompany.com/report/oral-thin-films-global-market-report
Major competitors in the Oral Thin Films market include ZIM Laboratories, NAL Pharma, Cure Pharmaceutical, IntelGenx Corp., Kyu Kyu Pharmaceutical Co. Ltd., Seoul Pharmaceuticals, CL Pharm, Aquestive Therapeutics Inc., Shilpa Therapeutics Pvt. Ltd., Sunovion Pharmaceuticals Inc., Solvay, LTS Lohmann Therapie-Systeme AG, Mylan Inc., LIVKON Pharmaceuticals Pvt. Ltd., and ARx, LLC.
The Oral Thin Films market is segmented -
• By Type: Sublingual Film, Fast Dissolving Dental/Buccal Film
• By Disease Indication: Schizophrenia, Migraine, Opioid Dependence, Nausea & Vomiting, Other Disease Indication
• By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oral Thin Films market.
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An oral thin film (OTF) is a very thin polymeric film that is applied in the mouth. The purpose of oral thin film (OTF) is to deliver therapeutic substances into the oral cavity or the stomach tract, where they are absorbed and transported directly to the circulatory system.
The Table Of Content For The Oral Thin Films Market Include:
1. Executive Summary
2. Oral Thin Films Market Characteristics
3. Oral Thin Films Market Trends And Strategies
4. Oral Thin Films Market - Macro Economic Scenario
5. Oral Thin Films Market Size And Growth
………
28. Key Mergers And Acquisitions In The Oral Thin Films Market
29. Oral Thin Films Market Future Outlook and Potential Analysis
30. Appendix
The "Global Oral Thin Films Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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