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Transdermal Skin Patches Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

11-29-2023 11:12 AM CET | Health & Medicine

Press release from: Orion Market Research

Transdermal Skin Patches Market is Anticipated to Increase at

Transdermal skin patches market is anticipated to grow at a significant CAGR during the forecast period. Transdermal patches deliver drugs by adhering to the skin. They are absorbed through the skin and directed into the bloodstream. These patches support to provide a specific, predetermined dose of medication. The major factor driving the market growth is the new product launches across the globe.

For instance, in September 2021, ImQuest Biosciences has announced the launch of an antiretroviral (ARV) transdermal delivery patch. This patch was developed to replace oral medication for HIV patients. Additionally, in December 2020, Agile Therapeutics Inc. announced the launch of Twirla (Levonorgestrel and Ethinyl Estradiol) transdermal system, a new non-daily, non-invasive contraceptive patch, in the US. It is used by women of reproductive potential that has a body mass index (BMI)

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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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