Press release
Orodispersible Tablets Market Top Companies Study - Pfizer Inc, Cipla Limited, Dr. Reddy's Laboratories Ltd, Sun Pharmaceutical Industries Ltd.
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Orodispersible Tablets Market Size, Share & Trends Analysis Report By Drug Class (Analgesics, Antiemetics, Antipsychotics, Anti-inflammatory Drugs, Sedatives/Hypnotics, Antihypertensives, Others), By Disease Indication (Central Nervous System Disorders, Gastrointestinal Disorders, Cardiovascular Disorders, Respiratory Disorders, Allergy and Asthma, Others), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), By Age Group (Pediatric Patients, Adult Patients, Geriatric Patients), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Homecare Settings), By Technology (Lyophilization, Tablet Molding, Spray Drying, Sublimation, Others), Region, Market Outlook And Industry Analysis 2031"The Global Orodispersible Tablets Market is estimated to reach over USD 22.25 billion by 2031, exhibiting a CAGR of 10.71% during the forecast period.
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The orodispersible tablet market has experienced substantial growth in recent years and is projected to continue expanding. Factors such as enhanced patient convenience, an aging population, a growing pediatric demographic, and the increasing demand for more efficient drug delivery systems have all contributed to the market's rise. The market encompasses both branded and generic medications across various therapeutic categories, including antipsychotics, anti-allergics, analgesics, and antiemetics. Leading pharmaceutical companies are making significant investments in research and development to create innovative formulations and expand their product offerings in this space.
The development and manufacturing of orodispersible tablets often require complex processes and specialized equipment, leading to higher production costs compared to traditional tablets. The investment needed for research, formulation optimization, taste-masking technologies, and production can pose challenges, particularly for smaller pharmaceutical firms. Additionally, orodispersible tablets are subject to stringent regulatory standards and must undergo extensive testing and approval procedures before entering the market. These requirements can be both time-consuming and costly, potentially delaying product launches and hindering market growth.
List of Prominent Players in the Orodispersible Tablets Market:
• AstraZeneca PLC
• GlaxoSmithKline PLC
• Novartis International AG
• Johnson & Johnson Services
• Teva Pharmaceutical Industries Ltd
• Merck & Co., Inc
• Pfizer Inc
• Cipla Limited
• Dr. Reddy's Laboratories Ltd
• Sun Pharmaceutical Industries Ltd
• Lupin Pharmaceuticals, Inc
• Torrent Pharmaceuticals Ltd
• F. Hoffmann-La Roche Ltd
• Eisai Co., Ltd
• Takeda Pharmaceutical Company Limited
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Market Dynamics:
Drivers:
The increasing prevalence of chronic diseases such as cardiovascular conditions, neurological disorders, and gastrointestinal issues is driving the demand for advanced drug delivery systems, including orodispersible tablets. These tablets offer advantages such as rapid onset of action, ease of administration, and improved medication adherence. Additionally, the aging population, particularly in developed countries, is expected to further stimulate demand for orodispersible tablets, as older adults often struggle to swallow traditional tablets or capsules, making these formulations more appealing. Technological advancements in drug delivery systems, formulation techniques, and flavor masking solutions are also contributing to market growth. Manufacturers are investing heavily in research and development to enhance the flavor, stability, and bioavailability of orodispersible tablets.
Challenges:
One of the key challenges in the orodispersible tablet market is that their manufacturing processes are more complex compared to traditional tablet production. The need for specialized technologies and equipment to achieve the desired characteristics results in higher production costs. Additionally, the regulatory framework governing orodispersible tablets can be intricate, particularly with regard to ensuring consistent disintegration times, stability, and bioequivalence with conventional dosage forms. Adhering to strict regulatory requirements adds complexity and cost to the production process.
Regional Trends:
The North American orodispersible tablet market is projected to capture a significant share of revenue and is expected to experience robust growth at a high compound annual growth rate (CAGR) in the near future. Factors such as favorable reimbursement policies, a well-established healthcare infrastructure, and the high prevalence of chronic diseases are contributing to this market's growth. The expanding elderly population, along with increased patient compliance and a focus on personalized medicine, is expected to drive further market expansion in this region. In addition, the Asia-Pacific market holds a substantial share, driven by increased investments in healthcare infrastructure by companies from economically advanced nations.
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Recent Developments:
• In September 2022, ProTab Laboratories, a GMP contract production facility in Southern California, introduced Qk-MeltTechTM technology for creating quick-melt tablets that dissolve in the mouth in as little as 45 seconds without water. Customers who have difficulty swallowing traditional tablets with or without water now have a terrific alternative to the groundbreaking technology of ProTab. Dysphagia (difficulty swallowing) affects around 35% of the general population and is present across every demographic but is more prevalent in older consumers.
Segmentation of Orodispersible Tablets Market-
By Drug Class-
• Analgesics
• Antiemetics
• Antipsychotics
• Anti-inflammatory Drugs
• Sedatives/Hypnotics
• Antihypertensives
• Others
By Disease Indication -
• Central Nervous System Disorders
• Gastrointestinal Disorders
• Cardiovascular Disorders
• Respiratory Disorders
• Allergy
• Asthma
• Others
By Distribution Channel -
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
By Age Group -
• Pediatric Patients
• Adult Patients
• Geriatric Patients
By End User -
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Homecare Settings
By Technology -
• Lyophilization
• Tablet Molding
• Spray Drying
• Sublimation
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Read Overview Report- https://www.insightaceanalytic.com/report/orodispersible-tablets-market/1916
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com
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