openPR Logo
Press release

Global Topical Drug Delivery Market Size to Reach USD 205.1 Billion by 2024

08-29-2017 12:47 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

"Global Topical Drug Delivery Market" – Trends and Forecast to 2024

"Global Topical Drug Delivery Market" – Trends and Forecast to 2024

The market for "Global Topical Drug Delivery Market" is estimated to reach USD 205.1 billion by 2024 from USD 101.7 billion in 2016, growing at a CAGR of 9.2% in the forecast period 2017 to 2024.

The global topical drug delivery market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. Galderma Pharma, S.A., dominated the topical drug delivery market accounting for a highest market share in 2016, followed by Bayer AG, and Valeant Pharmaceuticals. Other players in this market include Allergen Plc. Kaken Pharmaceuticals, Co., Ltd, Pfizer, 3M, Hisamitsu Pharmaceuticals, Co., Inc., Abbvie, Inc., Antares Pharma among others. Some of the other players in the global topical drug delivery market are MedPharm, Janssen Pharmaceuticals, Inc. (A J&J Company), Crescita Therapeutics, West Pharmaceutical Services, Biofarmitalia s.r.l, Pharmatek Laboratories, Inc., Stiefel Laboratories, Inc., Tapemark, Acrux Limited, Nitto Denko Corporation, Skinvisible Pharmaceuticals, Inc., Mylan Pharmaceuticals Inc., Pocono Coated Products LLC, TheraSolve NV., Samyang Biopharmaceuticals Corporation, Lohmann Therapie-Systeme AG, Prosollus Pharmaceuticals, Easton Pharmaceuticals Inc., Novosis AG, Endo Pharmaceuticals Inc., Transdermal Technologies, Inc., Sheffield Pharmaceuticals, Inc., and Solvay among others.

Speak to Analyst Visit @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-topical-drug-delivery-market

Galderma Pharma S.A.

Galderma Pharma S.A. was incorporated in 1981, as a joint between Nestle and L'Oreal. In February, 2014 Nestle SA, entered into an agreement to acquire remaining 50% stake in the company, from L'Oreal S.A. After the completion of the acquisition the company will form the foundation of Nestle Skin Health S.A. Galderma Pharma S.A. is headquartered in Lausanne Switzerland.

Recent developments:

1. In July 2016, Galderma announces fda approval of full prescription-strength differin gel for over-the-counter acne use.
2. In July 2016, Galderma announces approval of epiduo gel for the treatment of acne in Japan.

Global Topical Drug Delivery Market: Segmentation

Global Topical Drug Delivery Market, By Product Type (Topical Drug Delivery Formulations (Solid, Liquid, Semi Solid), Transdermal Drug Delivery Devices (Transdermal Patches, Transdermal Gels)), By End-User (Hospitals, Clinics, Home Healthcare, Diagnostic Centers, Others), By Distribution Channel (Direct Tenders, Retail), By Geography (North America, Europe, Asia-Pacific, Latin America, Rest of the World)

Drivers included Topical Drug Delivery Market:

Some of the major factors driving the topical drug delivery market are ability to deliver drug at the desired site, inter-and intra-patient variations, without fluctuations in drug levels, an enhanced suitability for self-medication and improved compliance. Also, increasing aging population, growing prevalence of skin related ailments and rising prevalence of chronic diseases, also new and better technologies for topical drug delivery is expected to boost the growth of this market are the major factors driving the growth of the injectable drug delivery market.

Ask for Sample Report Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-topical-drug-delivery-market

Rising Cases of Acute and Chronic Diseases

The prevalence of diseases and conditions such as infections which includes bacterial infection and fungal infections, inflammations, pain management, acne, sun burns, psoriasis, dermatitis, skin allergy, skin cancer, diabetes, and many others has increased considerably over a period of time.

Rising Aging Population

With the increasing age, the cases of acute and chronic diseases are rising. Older population is more prone to diseases such as diabetes, allergy, arthritis, infections, and dermatitis.

Technological Advancements and Innovations

With the rising prevalence of acute and chronic diseases it has become important for the drug and device manufacturers to develop advanced technologies that will provide more effective treatment for the diseases. In the few years, many developments took place for the topical drug delivery due to the rapid absorption of drugs.

Approval of New Drugs

With the increasing demand for the treatment of diseases using painless and non-invasive method the demand for topical drug delivery is increasing.

Better Opportunity in Pharmerging Markets

According to Data Bridge Market Research analysts, Japan, Europe and North America are expected to account for around 73% of total global pharmaceutical market, while the rest of the world only own 27% of the market.

Read more about this Report visit @ http://databridgemarketresearch.com/reports/global-topical-drug-delivery-market/

Major Key Players Included in Topical Drug Delivery Market:

The major players in the topical drug delivery prescription drugs are

• Galderma Pharma, S.A.,
• Allergen Plc. Kaken Pharmaceuticals, Co., Ltd,
• Pfizer,
• Bayer AG,
• 3M,
• Hisamitsu Pharmaceuticals, Co., Inc.,
• Abbvie, Inc.,
• Valeant Pharmaceuticals,
• Antares Pharma
• Among others.

Related Report

North America Contraceptive Devices Market – Industry Trends and Forecast to 2024

North America Contraceptive Devices Market, By Product Type, By End-User, By Distribution Channel, By Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2024

Report Access: http://databridgemarketresearch.com/reports/north-america-contraceptive-devices-market/

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sales@databridgemarketresearch.com
Investor: investors@databridgemarketresearch.com
Visit Blog: http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Topical Drug Delivery Market Size to Reach USD 205.1 Billion by 2024 here

News-ID: 689092 • Views: 201

More Releases from Data Bridge Market Research

Dietary Fibers Market 2019 Forecast, Size, Strategies, Trends And SWOT Analysis …
Dietary fiber Industry can generally be described as that portion of food that is not digested in the human small intestine. It passes into the large intestine where it is partially or fully fermented. These characteristics of dietary fiber are associated with its numerous well documented health benefits. Dietary fiber refers to nutrients in the diet that are not digested by gastrointestinal enzymes but still fulfil an important role. Mostly found
What's Driving the Global IoT sensor market Growth? Key Players are Sierra Wirel …
To get an idea about the detailed market insights and keep market place clearly into the focus, such wide-ranging market research report has to be there in the picture. IoT sensor market report makes available statistics on the current state of the industry and hence works as a valuable source of guidance and direction for companies and investors interested in this SE industry. Each of the topics of report is
What's Driving the Global Intelligent Apps Market Growth? Modernized Strategies …
To have best level of market insights and knowhow of the most excellent market opportunities into the specific markets, Intelligent Apps market research report is an ideal key. This market report encompasses a market data that provides a detailed analysis of the ICT industry and its impact based on applications and different geographical regions. Additionally, this market report also gives a detailed overview about product specification, technology, product type and
What's Driving the Ventilators Market Growth? Modernized Strategies by Key Playe …
Global Ventilators Market is expected to reach million by 2025 and is projected to register a healthy CAGR of 7.3% in the forecast period of 2018 to 2025 Leading Players of Global Ventilators Market are GE Healthcare Life Sciences‎, Medtronic, Hamilton Medical, VYAIRE MEDICAL INC., The other players in the market are Smiths Group plc., VENTS, Bio-Med Devices, Schiller, DEMCON Macawi Medical Systems B.V., Koninklijke Philips N.V., STERYLAB S.r.l., Sechrist

All 5 Releases


More Releases for Pharma

Global Deferasirox Market 2018 - Novartis, Cipla, Sun Pharma, Natco Pharma
Apex Market Reports, recently published a detailed market research study focused on the “Deferasirox Market” across the global, regional and country level. The report provides 360° analysis of “Deferasirox Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Deferasirox on the basis of
Big Pharma Outlook 2026
Boston, MA ReportsWorldwide has announced the addition of a new report title Big Pharma Outlook 2026 to its growing collection of premium market research reports. Pharmavitae Analytics casts its eye out to 2026 with challenging trends in healthcare management set to crystallize, Big Pharma will add $29.5bn in revenues out to 2026, generating $351bn in prescription pharmaceuticals at a low single-digit compound annual growth rate (CAGR) of 0.9%. Using in-house sales forecasts,
Clomifene Citrate Market 2017 - Sanofi, Palam Pharma, Bioxera, Zafax Pharma
Apex Research, recently published a detailed market research study focused on the "Clomifene Citrate Market" across the global, regional and country level. The report provides 360° analysis of "Clomifene Citrate Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Clomifene Citrate industry, and estimates the future trend of Clomifene Citrate market on
12th World Pharma Congress
Conference Series proudly announces 12th World Pharma Congress for 2017, during October 16-18, at Budapest, Hungary. Pharmaceutical innovation is an orderly, predictable process. Intensive research coverage is resulting in an abundant knowledge of the mechanisms driving drug discovery and development. Pharmaceutical Formulation Market size was USD $147billion in 2015 and is anticipated to reach around USD 175.1 billion by 2018. In USA, the total number of new drugs approved between
12th World Pharma Congress
Conference Series has taken an initiation to conduct International Pharma Congress worldwide. From several years Conference Series has been conducting Pharma Congress conferences in major continents like Europe, America and Asia Pacific. Previous conferences were held in city like USA, with success. Conference Series proudly announces 12th World Pharma Congress for 2017, during October 16-18, at Budapest, Hungary. Pharmaceutical innovation is an orderly, predictable process. Intensive research coverage is resulting
4th African Pharma Congress
In the light of this theme, the conference series aims to provide a forum for international researchers from various areas of pharmaceutical sciences like chemical processing, industrial practice, analytical methods and pharmacological actions by providing a platform for critical analysis of new agenda, and to share latest cutting-edge research findings and results about all aspects of Pharmacy We are honoured to invite pharmacists, researchers, professors, scientific communities, delegates, students, business