Press release
Rising Prevalence Of Cardiovascular Disease Boosts Transdermal Skin Patches Market: A Key Factor Shaping the Future of the Transdermal Skin Patches Market in 2025
How Are the key drivers contributing to the expansion of the transdermal skin patches market?The growth of the transdermal skin patches market is expected to be driven by the increasing incidence of cardiovascular disease. These diseases affect the heart and blood vessels and are typically associated with the formation of fatty deposits within the arteries (atherosclerosis) and an increased tendency for blood clots. Transdermal skin patches play a crucial role in the prevention of angina attacks in individuals with coronary artery disease (a disease characterized by the constriction of the blood vessels that serve the heart). Such patches also enhance bioavailability in the treatment of heart failure. For instance, a report published by the American College of Cardiology in August 2022 highlighted the expected rise in all four cardiovascular risk factors in the United States between 2025 and 2060. The most significant increase is anticipated in diabetes cases, a 39.3% hike, amounting to 55 million individuals, followed by dyslipidemia (27.6% equating to 126 million), hypertension (25.1% translating to 162 million), and obesity (18.3% amounting to 126 million). The study also noted the biggest projected surges in cardiovascular disease rates were for stroke (33.8% or 15 million) and heart failure (33.4% or 13 million), followed by ischemic heart disease (30.7% or 29 million) and heart attack (16.9% or 16 million). Consequently, the increasing incidence of cardiovascular disease is stimulating the growth of the transdermal skin patches market.
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What growth opportunities are expected to drive the transdermal skin patches market's CAGR through 2034?
In recent times, the market size of transdermal skin patches has experienced consistent growth. The market is projected to expand from $7.46 billion in 2024 to $7.72 billion in 2025, with a compound annual growth rate (CAGR) of 3.5%. This growth observed in the past can be credited to factors such as a rise in cases of cardiovascular diseases, robust economic growth in developing markets, an increase in expenditures for pharmaceutical research and development, and heightened healthcare spending.
It's projected that the market for transdermal skin patches will gradually expand in the coming years, reaching a worth of $9.36 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 4.9%. The predicted growth during the forecast period is largely because of the rise in instances of people quitting smoking, an accelerated increase in the elderly population, enhancement in healthcare spending, and a surge in cardiovascular diseases. Key future trends to note include the evolution of technology in the transdermal skin patches market, progress in diabetes patches, vigorous research, and developmental activities, product innovation, collaborations, partnerships, wearable skin patches, progress in microneedle patches for vaccination, and the introduction of new iontophoresis patches.
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What are the most significant trends transforming the transdermal skin patches market today?
Leading corporations in the transdermal skin patches market are enhancing their competitive presence by focusing on the development of innovative products and obtaining requisite approvals for them. "Innovative products" here denotes new or better solutions, like drugs, medical devices, or any other products meant to address existing issues or demands. In a recent example from March 2022, Noven Pharmaceuticals Inc., a pharmaceutical firm situated in the US, reported that the U.S. Food and Drug Administration (FDA), an American federal entity, approved their XELSTRY (dextroamphetamine) transdermal system. This system is the first of its kind - the only approved amphetamine patch used in treating Attention-Deficit or Hyperactivity Disorder (ADHD). XELSTRYM should be applied two hours prior to when effects are needed and must be removed after nine hours. The ultimate dosage should be adjusted based on the clinical response and tolerability.
Which growth-oriented segments of the transdermal skin patches market are leading the industry's development?
The transdermal skin patches market covered in this report is segmented -
1) By Product: Matrix, Drug In Adhesive, Reservoir, Vapor
2) By Type: Fentanyl Transdermal Patch, Nicotine Transdermal Patch, Estradiol Transdermal Patch, Clonidine Transdermal Patch, Testosterone Transdermal Patch, Other Types
3) By Distribution Channel: Pain Relief, Nicotine Cessation,Hormone Replacement Therapy, Neurological Disorders, Cardiovascular Disorders, Other Applications
Subsegments:
1) By Matrix: Drug-in-matrix Patches, Polymer Matrix Patches
2) By Drug In Adhesive: Adhesive Matrix Patches With The Drug Incorporated In The Adhesive Layer
3) By Reservoir: Drug Reservoir Patches With A Separate Compartment For The Drug, Multi-layer Reservoir Patches
4) By Vapor: Vapor Patches That Release Active Ingredients In Vapor Form, Transdermal Patches Utilizing Vaporization Technology
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What regions are leading the charge in the transdermal skin patches market?
North America was the largest region in the global transdermal skin patches market in 2024. Middle East is expected to be the fastest growing region in the transdermal skin patches market report during the forecast period. The regions covered in the transdermal skin patches market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the transdermal skin patches market?
Major companies operating in the transdermal skin patches market include Novartis, Hisamitsu Pharmaceutical Co., Inc, Henan Lingrui Pharmaceutical, Teva Pharmaceuticals, Luye Pharma Group Ltd, Purdue Pharma L.P., Nitto Denko Corporation, AdhexPharma, Noven Pharmaceuticals, Teikoku Pharma, Mylan Pharmaceuticals Inc, 3M Company, Acrux Ltd, Access Pharmaceuticals Inc, Rusan Pharma, Glenmark Pharmaceuticals, Cipla Ltd, Mundipharma, Dr Reddy's Laboratories, Chattem, Clarity Medical, Welcare Industries S.P. A, F.L. Medical S.r.l, Europlaz Technologies Ltd, Zentiva, Medical-Lomza Sp. z o.o., Johnson & Johnson, Boehringer Ingelheim GmbH, Bayer AG, Bristol-Myers Squibb Company, GlaxoSmithKline plc, Endo Pharmaceuticals Inc.
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What Is Covered In The Transdermal Skin Patches Global Market Report?
• Market Size Forecast: Examine the transdermal skin patches market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the transdermal skin patches market for a structured understanding.
• Key Players Overview: Analyze major players in the transdermal skin patches market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the transdermal skin patches market.
• Segment Contributions: Evaluate how different segments drive overall growth in the transdermal skin patches market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the transdermal skin patches market.
• Industry Challenges: Identify potential risks and obstacles affecting the transdermal skin patches market.
• Competitive Landscape: Review strategic developments in the transdermal skin patches market, including expansions, agreements, and new product launches.
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