Transdermal Skin Patches Trends Point Toward Patient-Centric Drug Delivery
Transdermal Skin Patches Market Overview
The market for transdermal skin patches is anticipated to grow at a compound annual growth rate (CAGR) of 2.7% to reach US$11.67 billion by 2030.
Transdermal Skin Patches Market Scope and Methodology:
The Transdermal Skin Patches market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Transdermal Skin Patches market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Transdermal Skin Patches Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Transdermal Skin Patches Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Transdermal Skin Patches Market Regional Insights
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Transdermal Skin Patches market situations in various nations. The Transdermal Skin Patches market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
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Transdermal Skin Patches Market Segmentation
by Type
Single Layer Drug in Adhesive
Multiple layer Drug in Adhesive
Matrix
Others
For patients who wish to stop having to remember to take pills or tablets, single-layer drug-in adhesive is generally a cheap and practical solution. It also relieves caretakers. Compared to oral and other modes of administration, the approach is self-administered, non-invasive, painless, and usually permits less frequent or one-time dosage application. The highest anticipated market share worldwide is expected to go to in vivo pharmacokinetics and efficacy evaluation, as well as the development of drug-in-adhesive transdermal patches.
by Application
Pain Relief
Smoking Reduction and Cessation Aid
Overactive Bladder
Hormonal Therapy
Other Application
It is anticipated that throughout the forecast period, the global market would be outpaced by the use of commercial transdermal devices and non-inflammatory treatments for local pain management. Transdermal skin patches are widely used to treat chronic back pain and arthritis, particularly to lessen back discomfort. Between 30 and 50 percent of cancer patients have pain, and as the disease progresses, discomfort becomes considerably more prevalent. For moderate to severe cancer pain, transdermal opioids are safe, effective, and have a lot less side effects than oral morphine.
by Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies
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Transdermal Skin Patches Market Key Players
1. Teva Pharmaceutical Industries Ltd.
2. Mylan Pharmaceuticals Inc
3. 3M Company
4. Accrux Ltd.
5. Access Pharmaceuticals Inc.
6. Novartis AG
7. Teikoku Pharma USA Inc
8. Hisamitsu Pharmaceutical
9. UCB
10. GlaxoSmithKline
11. Boehringer Ingelheim
12. Johnson & Johnson
13. Endo International
14. Purdue Pharma
15. Chrono Therapeutics
16. CeQur
17. Agile Therapeutics
18. Allergan
19. ANI Pharmaceuticals
20. Antares Pharma
21. Bayer HealthCare Pharmaceuticals
22. Chase Pharmaceuticals
Key questions answered in the Transdermal Skin Patches Market are:
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