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Transdermal Medical Patch Market Revenue to Cross US$ 8,247.21 million by 2028 : Premium Market Insights

11-13-2024 02:27 PM CET | Health & Medicine

Press release from: Premium Market Insights

The transdermal medical patch market is expected to grow from US$ 8,247.21 million in 2022 to US$ 10,799.74 million by 2028; it is estimated to register a CAGR of 4.0% from 2023 to 2028.Transdermal Medical Patch Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Type (Single Layer Drug-in-Adhesive, Multi-layer Drug-in-Adhesive, Reservoir, Vapor Patch, and Matrix), Application (Neurologic Conditions, Pain Management, Nicotine Cessation, Cardiovascular Disorders, Hormonal Therapy, and Others), and Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies)

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Competitive Landscape: Transdermal Medical Patch Market:
Major factors driving the transdermal medical patch market growth increasing prevalence of chronic diseases and growing consumption of tobacco rising technological advancements, and growing focus on personalized medicines. The transdermal medical patch is a medicated patch that can deliver drugs through skin portals directly to the bloodstream at a predetermined rate. This is the most comfortable dosage form, it is non-invasive, avoids the gastrointestinal tract and bypasses first-pass metabolism, can have multiday therapy, and can be terminated at any time.Many market players and research institutes operating in the transdermal medical patch market are developing advanced technologies to expand their product portfolios and increase their market shares. A few of the recent developments related to transdermal medical patch market are mentioned below:In June 2020, Hisamitsu Pharmaceutical Co., Inc. announced the approval of manufacturing and marketing for OABLOK PATCH (Generic name: oxybutynin hydrochloride, hereinafter referred to as "the product") in Thailand.

Hisamitsu Pharmaceutical Co Inc
Medline Industries LP
Johnson & Johnson
Novartis AG
Teva Pharmaceutical Industries Ltd
UCB SA
Viatris Inc
Endo Pharmaceuticals Inc
Boehringer Ingelheim International GmbH
Corium, LLC
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Chapter Details of Transdermal Medical Patch Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Transdermal Medical Patch Market Landscape
Part 04: Transdermal Medical Patch Market Sizing
Part 05: Transdermal Medical Patch Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Contact Person: Sushant More
SE-mail: sales@permiummarketinsights.com
Phone: +1-646-491-9876

About Us:
Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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