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Global Transmucosal Drug Delivery Devices Market Projected to Surpass $78.21 Billion by 2029 with 9.2% Annual Growth
Get 20% OFF on all 2025 Global Market Reports until March 31st! Apply code FY25SAVE and grab your savings today!""What combination of drivers is leading to accelerated growth in the transmucosal drug delivery devices market?
The growing prevalence of chronic diseases is expected to accelerate the growth of the transmucosal drug delivery devices market. Chronic diseases are long-lasting conditions that often require ongoing medical management. The rise in chronic diseases is influenced by factors like lifestyle choices, aging populations, environmental influences, healthcare system challenges, and urbanization. Transmucosal drug delivery devices are used to provide controlled and efficient medication delivery for managing chronic diseases, helping to ensure sustained therapeutic levels and improved patient adherence. For instance, in August 2023, the Leukemia & Lymphoma Society reported that in the U.S., approximately every three minutes, someone is diagnosed with leukemia, lymphoma, or myeloma. In 2023, an estimated 184,720 new cases were expected, representing 9.4% of the projected 1,958,310 new cancer cases for the year. As a result, the increasing prevalence of chronic diseases is driving the growth of the transmucosal drug delivery devices market.
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What is the projected compound annual growth rate (CAGR) of the transmucosal drug delivery devices market from 2025 to 2034, and what factors influence it?
The transmucosal drug delivery devices market has expanded significantly. It is projected to rise from $50.24 billion in 2024 to $55.04 billion in 2025, with a CAGR of 9.6%. The market's past growth was influenced by the need for rapid angina relief, the effectiveness of sublingual drug delivery for quick bloodstream absorption, the advantage of bypassing gastrointestinal degradation, the development of buccal tablets, and the increasing preference for non-invasive peptide and protein delivery.
The market for transmucosal drug delivery devices is projected to experience significant growth in the coming years, reaching $78.21 billion by 2029, with a compound annual growth rate (CAGR) of 9.2%. Factors driving this growth include advancements in smart drug delivery systems, a rising prevalence of chronic illnesses, an increasing focus on personalized medicine, an aging population with greater medication needs, and growing awareness. Key trends during the forecast period include expanding therapeutic applications, the customization of drug delivery devices for personalized treatments, regulatory approvals, emerging markets, eco-friendly devices, and innovative formulations.
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How are the latest trends influencing the growth of the transmucosal drug delivery devices market?
In the transmucosal drug delivery devices market, companies are developing proprietary transdermal patch delivery platforms to improve drug absorption and patient convenience. For example, in January 2024, Starton Therapeutics Inc., a US-based biotechnology company, launched STARSILON, a proprietary transdermal patch delivery platform. This innovative platform offers sustained drug delivery for challenging active pharmaceutical ingredients (APIs), enhancing therapeutic efficacy over longer periods.
What are the major segments of the transmucosal drug delivery devices market and their role in driving growth?
The transmucosal drug delivery devices market covered in this report is segmented -
1) By Type: Passive Transdermal Drug Delivery, Active Transdermal Drug Delivery
2) By Drug Type: Buccal Tablets, Oral Sprays, Sublingual Films And Wafers, Gels, Medicated Confectionery, Other Drug Types
3) By Indication: Pain Management, Addiction Treatment, Hormonal Therapies, Others Indications
4) By End User: Academic And Research Institutes, Pharmaceutical And Biotechnology Companies, Diagnostic Laboratories, Hospitals
Subsegments:
1) By Passive Transdermal Drug Delivery: Reservoir Systems, Matrix Systems, Micro-Needle Systems, Pressure-Sensitive Adhesive Systems
2) By Active Transdermal Drug Delivery: Iontophoresis, Sonophoresis, Electroporation, Thermal Ablation, Microporation
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Which regions are key players in the growth of the transmucosal drug delivery devices market?
North America was the largest region in the transmucosal drug delivery devices market in 2024. The regions covered in the transmucosal drug delivery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the transmucosal drug delivery devices market?
Major companies operating in the transmucosal drug delivery devices market are Johnson & Johnson, Bayer AG, Sanofi SA, Bristol-Myers Squibb Company, Abbott Laboratories, Novartis AG, Becton Dickinson and Company, Viatris Inc., Teva Pharmaceutical Industries Ltd., Catalent Inc., AptarGroup, Glenmark Pharmaceuticals Limited, Stevanato Group S.p.A, Lifevision Healthcare Private Limited, Noven Pharmaceuticals, SAVA Healthcare Limited, Antares Pharma Inc., Kaizen Pharmaceuticals Pvt. Ltd., Lucky Pharma Pvt. Ltd., Maya Biotech Pvt. Ltd, AdvaCare Pharma LLP, Satsuma Pharmaceuticals Inc., Biophar Lifesciences Private Limited, Fibovil Pharmaceuticals Private Limited, Slan Medicinal Holdings Ltd.
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What Is Covered In The Transmucosal Drug Delivery Devices Global Market Report?
•Market Size Forecast: Examine the transmucosal drug delivery devices market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the transmucosal drug delivery devices market for a structured understanding.
•Key Players Overview: Analyze major players in the transmucosal drug delivery devices market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the transmucosal drug delivery devices market.
•Segment Contributions: Evaluate how different segments drive overall growth in the transmucosal drug delivery devices market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the transmucosal drug delivery devices market.
•Industry Challenges: Identify potential risks and obstacles affecting the transmucosal drug delivery devices market.
•Competitive Landscape: Review strategic developments in the transmucosal drug delivery devices market, including expansions, agreements, and new product launches."
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