Global Transdermal Skin Patches Market: Segment Snapshot and Table of Content (2017-2025)

Kingdom of Saudi Arabia Transdermal Skin Patches Market: Growing Awareness about better Drug Administration Routes Spikes Demand, says TMR

According to the research report, the Saudi Arabia transdermal skin patches market is expected to be worth US$67.41 mn by 2025 from US$44.96 mn in 2016. During the forecast years of 2017 and 2025, the global market is projected to surge at a CAGR of 4.7%. Out of the various products, the market will be led by the matrix segment, which is expected to account for a share of 35.1% in the overall market by the end of 2025. Amongst the distribution channels, the hospital pharmacies are expected to dominate the overall market over the forecast period.

Read Report Overview @ https://www.transparencymarketresearch.com/ksa-transdermal-skin-patches-market.html

The Global Transdermal Skin Patches Market is segmented on the basis of Product Type, Application, Distribution Channel, Geography.

The products available in the Saudi Arabia transdermal skin patches are drug in adhesive, matrix, reservoir, and vapor matrix. Of these, the matrix segment held a dominant share in the overall market and is expected to account for a share of 35.1% in terms of revenue by the end of 2025. This rise will be attributable to the shifting preference for matrix systems to make patches for volatile molecules under controlled release settings. The phenomenal growth of this segment will be attributable to the non-toxic and non-antagonistic characteristics of polymer matrix options, which are known to diffuse drug with controlled precision.

By way of application, the Saudi Arabia transdermal skin patches market has been divided into pain relief, hormone replacement therapy, nicotine cessation, motion sickness, cardiovascular disorders, neurological disorders, and others. Accounting for the dominant share by the end of the forecast period, the pain relief segment will generate the highest revenue by 2025. This can be attributed to growing usage of local pain relief patches. Such patches provide safe and controlled drug release to affected area, rendering them the preferred choice among comorbid and cancer patients. The cardiovascular disorders segment will also hold a major share in the transdermal skin patches market in Saudi Arabia owing to the rising number of patients with cardiovascular disorders in the region. Hormone replacement therapy is observed to be a highly lucrative segment, analysts find.

Transdermal skin patches are mostly sold through distribution channels such as retail pharmacies, hospital pharmacies, and online pharmacies. In Saudi Arabia, hospital pharmacies take the lead as the most prominent distribution channel in terms of revenue thanks to rising government initiatives to improve the healthcare landscape in the region and rapidly increasing number of healthcare facilities. Retail pharmacies also hold a valuable share in the transdermal skin patches market, attributed to growing investments by pharmaceutical companies to set up more pharmacies in Saudi Arabia. The online pharmacies segment is gaining much traction despite being in a nascent stage.

Request Sample Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26171

Summary of Table of Content

1. Preface
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Market Dynamics
6. KSA Transdermal Skin Patches Market Analysis, by Product Type
7. KSA Transdermal Skin Patches Market Analysis, by Application
8. KSA Transdermal Skin Patches Market Analysis, by Distribution Channel
9. Company Profiles

Request to Browse Full Table of Content, figure and Tables @ https://www.transparencymarketresearch.com/report-toc/26171

ABOUT US:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

CONTACT:
Transparency Market Research
State Tower
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-345

This release was published on openPR.