transdermal patch drug delivery market size, demand & global opportunity analysis outlook 2021
TRANSCRIPT
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Global Transdermal Drug Delivery Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Transdermal Drug Delivery Market
Overview
Transdermal patch is a pharmaceutical paste patch that is
positioned on the skin to transport a special amount of
medicine through the skin into the blood circulation hence
make it non- invasive way of drug delivery. Global
transdermal drug delivery market was estimated at USD
22.0 Billion in 2010 and reached to at USD 32.0 Billion in
2015, registering a compound annual growth rate (CAGR)
of 8.0%.
Market Segmentation
By Application
Based on the application, global transdermal drug delivery
market is segmented are as follows:
Cardiovascular
CNS
Hormone
Pain Management
Others
By Technology
While studying the global transdermal drug delivery
market, we had segregated the market into:
Electric current
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Electroporation
Lontophoresis
Mechanical arrays
Microporation
Radio Frequency
Thermal
Ultrasound
By Region
On the basis of region, the global transdermal drug
delivery market is segmented into:
North America
Latin America
Western And Eastern Europe
Asia-Pacific
Row (Rest Of World)
Growth Drivers and Challenges
On the back of factors like rising number of transdermal
drug delivery products, enhanced awareness in developed
nations about non-invasive way of drug administering
ways into body, increasing demand owing to its
convenience over other conventional methods for
supervising drugs etc., the transdermal patch drug delivery
market is expected to have a greater demand in near
future.
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In addition to that, steep rise in diabetic population across
the globe, advancement of technology in transdermal drug
delivery and rise in the personal disposable income across
the world are the factors which are anticipated to drive the
growth of global transdermal drug delivery market during
the forecasted period i.e. 2015-2021.
However, the global transdermal drug delivery market is
restraint by high cost of the product, lack of awareness in
the developing & under-developed countries and
availability of various alternatives/conventional ways in
the market.
Market Size and Forecast
Global transdermal drug delivery market is estimated at
USD 30.3 Billion in 2015 with 12.6% share accounted to
the U.S. only; biggest market for transdermal drug delivery
in the region. North American total drug delivery market
was estimated at USD 518.2 Billion in 2015 and is
anticipated to reach USD 752.6 Billion by 2021. Owing to
rise in the demand of innovative drug delivery market in
this region and growing acceptance of drug delivery
technology by pharmaceutical and medical device
companies are few of the factors that are projected to drive
the transdermal patch drug delivery market in North
America.
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The European total drug delivery market was valued at
USD 39.9 Billion in the year 2012 and it is anticipated that
the transdermal drug delivery market will grow at a
healthy rate over the forecasted period i.e. 2015-2021
owing to the increasing demand for self-administration
and home healthcare devices.
Asia pacific transdermal drug delivery market is projected
to grow at a substantial rate owing to a steep rise in
medical tourism in the region, world-class medical
facilities and medical procedures at a low cost, rising
incidents of chronic diseases like cardiovascular diseases,
diabetes, cancer etc.
Key Players
The key player of the global transdermal drug delivery
market is as follows:
ANI Pharmaceuticals Inc.
Antares Pharma Inc.
Bayer AG
Janssen Pharmaceuticals Inc.
Novartis AG
Scope and Context
Overview of the Parent Market
Analyst View
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Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Middle East and North Africa (MENA)
Rest of World
Segmentation
By Application
By Technology
By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
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Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
To know more about this research, Please visit:
http://www.researchnester.com/reports/global-
transdermal-drug-delivery-market-analysis-
opportunity-outlook-2021/111
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