Global Thin Film Drug Manufacturing Market: Segmental Highlights and Table of Content (2016-2024)

Global Thin Film Drug Manufacturing Market: Keen Players Coming up with Sophisticated Products to Beat Competition, finds TMR

A report by Transparency Market Research predicts the global market for thin film manufacturing to rise at a healthy CAGR of 9.0%. At this rate, the market, which was worth US$7.338 bn in 2015 is expected to become worth US$15.984 bn by 2024.

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The Global Thin Film Drug Manufacturing Market is segmented on the basis of Product Type, Disease Indication and Geography.

On the basis of product type, the global thin film drug manufacturing market is segmented into oral thin film, transdermal thin film, and others such as ocular thin film among others. The report indicates that the oral thin film segment will be the most promising one as it comes with maximum advantages. These films deliver drugs through the oral mucosa and are known for ease of transportation, skipping the hepatic first pass effect, convenience of handling, and quick onset of action. In light of these benefits, the oral thin film segment is likely to surge at a significant CAGR of 18.3% between 2016 and 2024. Soaring revenue of this segment is attributable to the growing number of clinical trials and higher number of prescription products. On the other hand, the transdermal thin film segment is also poised to emerge with a substantial share in the global market by the end of the forecast period.

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By geography, global thin film drug manufacturing market has been segmented into North America, Europe, Asia Pacific, Latin America, the and Middle East and Africa. In 2016, North America and Europe accounted for the largest share of the thin film drug manufacturing market. The U.S. dominated the thin film drug manufacturing market in North America, accounting for around 85.3% share in 2016. This dominance is majorly due factors such technological advancements in pharmaceutical research with rising demand of novel drug delivery. The extensive investments in research and development are also likely to benefit the regional market. However, Europe is saturated and growing at slow steady rate while Asia Pacific is anticipated to witness the fast growth during the forecast period with major contribution of countries such as India, Japan and China. New product launches with broaden applications, favorable regulations, and growing awareness are likely to drive the market in Asia Pacific during the forecast period.

Summary of Table of Content

1. Preface
2. Assumptions and Research Methodology
3. Executive Summary
4. Market Overview
5. Global Thin Film Drug Manufacturing Analysis and Forecasts, By Product
6. Global Thin Film Drug Manufacturing Analysis and Forecasts, By Distribution Channel
7. Global Thin Film Drug Manufacturing Analysis and Forecasts, By Disease Indication
8. Global Thin Film Drug Manufacturing Analysis and Forecasts, By Region
9. North America Thin Film Drug Manufacturing Analysis and Forecast
10. Latin America Thin Film Drug Manufacturing Analysis and Forecast
11. Asia Pacific Thin Film Drug Manufacturing Analysis and Forecast
12. Europe Thin Film Drug Manufacturing Analysis and Forecast
13. Middle East & Africa Thin Film Drug Manufacturing Analysis and Forecast
14. Competition Landscape

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