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Oral Transmucosal Drugs: Core Growth Enabler in the Parkinson's Disease Driving Growth In Oral Transmucosal Drug Market Market, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Oral Transmucosal Drugs Industry Market Size Be by 2025?
Significant growth has been observed in recent years in the market for oral transmucosal drugs. The market, valued at $39.7 billion in 2024, is predicted to expand to $43.21 billion in 2025, with a compound annual growth rate (CAGR) of 8.8%. Factors contributing to this historical growth include improvements in diagnostic technology, an aging population, environmental pollution, genetic predispositions, higher detection rates, rapid relief through accelerated drug absorption, and improved compliance.
What's the Long-Term Growth Forecast for the Oral Transmucosal Drugs Market Size Through 2029?
The market for oral transmucosal drugs is projected to witness substantial growth in the upcoming years, with an increase to "$59.89 billion by 2029 at a compound annual growth rate (CAGR) of 8.5%. This development during the predicted period can be linked to progress in personalized medicine, further research on innovative drug delivery mechanisms, a growing elderly population, enhanced understanding of oral hygiene, an increased preference for non-invasive procedures, and changes in regulatory frameworks. The significant trends to watch out for during the forecast period include the adoption of new drug formats, a personalized approach to medicine, progress in telehealth, the incorporation of digital health technology, and technology-driven innovations in the pharmaceutical field.
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What Are the Key Growth Drivers Fueling the Oral Transmucosal Drugs Market Expansion?
The growth of the oral transmucosal drug market is anticipated to be driven by the increasing prevalence of Parkinson's disease. This progressive neurological disorder, which yields symptoms like tremors, rigidity, and difficulties in mobility, is caused by diminished dopamine-producing cells in the brain. Factors causing the rise in Parkinson's disease include aging populations, environmental contaminants, genetic predispositions, and improved diagnostic methods that aid in detecting the disease more effectively. Oral transmucosal drugs enhance the treatment of Parkinson's disease by allowing for quicker drug absorption and addressing digestive issues, hence providing faster symptomatic relief, improved treatment follow-through, and potentially reducing motor complications. The Parkinson's Foundation, a non-profit organization based in the US, revealed in December 2022 that around 1 million people in the United States are presently diagnosed with Parkinson's disease (PD), a figure projected to reach 1.2 million by 2030. Therefore the escalating rate of Parkinson's disease underlines the expansion of the oral transmucosal drug market.
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What Are the Key Trends Driving Oral Transmucosal Drugs Market Growth?
The key players in the oral transmucosal drug market are concentrating their efforts on creating innovative solutions for drug delivery such as a sublingual vitamin spray, with the aim of making medication more effective, convenient for patients, and yielding better therapeutic results. The sublingual vitamin spray is a form of oral transmucosal drug delivery that administers vitamins directly into the bloodstream by way of the mucous membranes located under the tongue. This bypasses the digestive system and liver metabolism, resulting in a quicker and more efficient absorption of the vitamins. To illustrate, Vestige Marketing, a wellness and fitness company based in India, launched Absorvit in October 2022. This is a sublingual vitamin spray with quick absorption capabilities and delivering effective results rapidly. This groundbreaking product delivers absorption rates that are 3-10 times higher compared to conventional oral methods. It includes enhanced forms of vital vitamins such as B12, C, D, and multivitamins at precise dosages, thus ensuring optimal nutrition delivery. Absorvit serves as a convenient and effective method of supplementing crucial nutrients, thus contributing to overall wellness.
How Is the Oral Transmucosal Drugs Market Segmented?
The oral transmucosal drugs market covered in this report is segmented -
1) By Product Type: Tablets, Films, Liquid And Spray, Other Product Types
2) By Indication: Opioid Dependence, Nausea And Vomiting, Erectile Dysfunction, Neurological Disorders, Other Indications
3) By Route Of Administration: Sublingual Mucosa, Buccal Mucosa, Other Routes Of Administration
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Tablets: Buccal Tablets, Sublingual Tablets, Effervescent Tablets
2) By Films: Buccal Films, Sublingual Films, Mucoadhesive Films
3) By Liquid And Spray: Sublingual Liquid Solutions, Oral Sprays (Pain Relief, Sleep Aids), Mucosal Gels
4) By Other Product Types: Lozenges, Pastilles, Chewing Gums
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Which Companies Are Leading the Charge in Oral Transmucosal Drugs Market Innovation?
Major companies operating in the oral transmucosal drugs market are Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Sanofi-Aventis LLC, AstraZeneca PLC, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Eli Lilly & Company Ltd., Boehringer Ingelheim International GmbH, Viatris Inc., Teva Pharmaceutical Industries Ltd., Biogen Inc., Actavis Pharma Inc., Sun Pharmaceutical Industries Limited, Dr. Reddy's Laboratories Ltd., Endo Pharmaceuticals Inc., Lupin Limited, Zydus Lifesciences Limited, Mallinckrodt Pharmaceuticals Plc, Glenmark Pharmaceuticals Limited, Jubilant Life Sciences Limited, Torrent Pharmaceuticals Ltd., Alembic Pharmaceuticals Ltd., Wockhardt Ltd.
Which Regions Are Leading the Global Oral Transmucosal Drugs Market in Revenue?
North America was the largest region in the oral transmucosal drugs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oral transmucosal drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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