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Transdermal Patch Market Size, Share, Manufacturers, Industry Analysis, Supply Chain, Sales Channel and Clients, Forecast 2022-2028

07-08-2023 12:41 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Due to the COVID-19 pandemic, the global Transdermal Patch market size is estimated to be worth USD 7058.3 million in 2022 and is forecast to a readjusted size of USD 8726.9 million by 2028 with a CAGR of 3.6% during the review period.

Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-M8/Global_Transdermal_Patch_Market_Size_Manufacturers_Supply_Chain_Sales_Channel_and_Clients_2022_2028

Fully considering the economic change by this health crisis, Methyl Salicylate-based Patch accounting for % of the Transdermal Patch global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Rx Channel segment is altered to an % CAGR throughout this forecast period.

Key drivers of the transdermal patch market include the growing painless and non-invasive medicinal therapies for chronic diseases such as Parkinson's, Alzheimer's, migraine, joint, muscle pain, etc.

The technological developments in drug delivery systems will further propel the transdermal patch market growth in the coming years.

The increasing awareness regarding the harmful effects of tobacco and smoking will accelerate the market expansion during the review period.

However, Skin irritation, infection and permeability concerns will restrict the market in the upcoming years. The inability of the skin to absorb a large number of medications is expected to create hurdles moving ahead.

What is Transdermal Patch?

Transdermal Patch is a medicated adhesive patch that is placed on the skin to deliver a specific dose of medication through the skin and into the bloodstream.Transdermal Patches include fentanyl transdermal patch, nicotine transdermal patch, buprenorphine transdermal patch, clonidine transdermal patch, oxybutynin transdermal patch, estradiol transdermal patch, nitroglycerin transdermal patch and many others.

Transdermal Patch Market Segment and Scope
Transdermal Patch market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Transdermal Patch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Transdermal Patch Market Segment by Type
Methyl Salicylate-based Patch
Rivastigmine Transdermal Patch
Fentanyl Transdermal Patch
Lidocaine Patch
Diclofenac Patch
Nicotine Transdermal Patch
Others

Transdermal Patch Market Segment By Application
Rx Channel
OTC Channel

Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-M8/global-transdermal-patch

Similar report -

https://reports.valuates.com/market-reports/QYRE-Auto-8F9817/global-lidocaine-transdermal-patch

https://reports.valuates.com/market-reports/QYRE-Auto-23L3067/global-transdermal-nicotine-patch

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs

Valuates Reports
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Website: https://reports.valuates.com
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