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Oral Dissolvable Films Market Current Status, In-depth Analysis and Forecast Outlook 2031

12-12-2024 03:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Oral Dissolvable Films Market

Oral Dissolvable Films Market

Oral dissolvable films market is anticipated to grow at a significant CAGR 8.9% during the forecast period (2024-2031). Orally dissolving films (ODFs) are also known as oral thin films. It provides a quick release of an active pharmaceutical ingredient (API) when placed on the tongue without the intake of water and is used as an alternative to orally disintegrating tablets. It is a kind of drug delivery system. The major factor driving the demand for oral dissolvable films is the new product launches and approvals across the globe.

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For instance, in February 2022, Aquestive Therapeutics, Inc. announced the opening of its Investigational New Drug Application (IND) for the drug AQST-109 from the U.S. Food and Drug Administration (FDA). AQST-109 is an epinephrine oral film used for the treatment of anaphylaxis. Moreover, the market is also growing owing to the growing applications of oral thin films for the treatment of several diseases.

Some major players in the market include ZIM Laboratories Ltd., Cure Pharmaceuticals, and Aquestive Therapeutics, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in January 2021, Cure Pharmaceutical announced the approval of CUREfilm Blue from the US FDA. It is an oral dissolvable film used for the treatment of erectile dysfunction (ED).

Full report of Oral Dissolvable Films Market available @ https://www.omrglobal.com/industry-reports/oral-dissolvable-films-market

Market Coverage

Segment Covered-
o By Product

o By Distribution Channel

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- ZIM Laboratories Ltd., Cure Pharmaceuticals, and Aquestive Therapeutics, Inc., among others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Oral Dissolvable Films Market Report by Segment

By Product

Sublingual Film
Fast Dissolving Dental/Buccal Film

By Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Other

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/oral-dissolvable-films-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

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 offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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