Transdermal Patches Market is expected to reach USD 7383.47 Billion by 2026 from USD 4445.18 Billion in 2017 at a CAGR of 5.8%. The upcoming market report contains data for historic year 2017, base year for this study is 2018 and the forecast period is 2019–2026. The rising number of diabetic patients across the globe is likely to increase the consumption of transdermal drug delivery patch.

The market parameters of Transdermal Patches  report are of immense use to analyse market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, and distributors. Key data and information used while forming this report has been gathered from the consistent sources that range from journals, websites, research papers, case studies, and magazines. This market research report is a careful investigation of current scenario of the market and future estimations which deals with several market dynamics. Medical device  industry can achieve great benefits with Transdermal Patches market research report which brings market and competitive landscape clearly into the focus and assist to make better decisions.

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Few of the major competitors currently working in the Transdermal Patches Market are AdhexPharma, ProSolus, Inc., Tapemark, Tesa Labtec GmbH, Nitto Denko Corporation, Noven Pharmaceuticals, Inc. (Wholly-owned subsidiary of Hisamitsu Pharmaceutical Co., Inc.), LTS Lohmann, Therapie-Systeme AG, Medherant Limited, Corium International, Inc., Bayer AG, ANI Pharmaceuticals Inc., Novartis AG, Janssen Pharmaceuticals Inc., Antares Pharma Inc., Aneva Drug Delivery Systems,  Abbott Laboratories, Medipatch, Inc., Mylan Pharmaceutical, Inc., Acrux Limited among others.

SEGMENTATION: GLOBAL TRANSDERMAL PATCHES MARKET

  • By Application
      • Cardiovascular
    • CNS
    • Pain Management
    • Dermatology
    • Others
  • By Technology
    • Electric current
    • Mechanical arrays
    • Thermal Ablation
    • Chemical Enhancers
    • Others
  • Geography
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East and Africa

Key Developments in the Market:

  • In December 2018, Hisamitsu Pharmaceutical Co., Inc. (Japan) announced that the transdermal, pain management patch FENTOSTAPE achieved the primary endpoint of the Phase III clinical study in Japan.
  • In July 2018, Mylan N.V. (U.S.) launched generic version of Novartis’ Exelon Patch known as Rivastigmine Transdermal System for the treatment of patients suffering from dementia in the US.

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Market Drivers:

  • Increasing advantages over the oral and ingesting medications is expected to drive the market growth
  • Non-Invasive and painless administration of medication is also expected to drive the market growth

Market Restraints:

  • Inability of the skin to absorb large range of medications is expected to restrain the market growth
  • Development of contact dermatitis or other skin infections at the site of application is also expected to restrain the market growth

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography
    • Overview
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  11. Company Landscape
  12. Company Profiles
  13. Related Reports

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Report Scope

  1. To analyze growth strategies such as product launches and developments, acquisitions, expansions, and agreements adopted by major players in the Transdermal Patches market.
  2. To identify key players operating in the Transdermal Patches market and comprehensively analyze their market rankings and core competencies.
  3. To describe major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Transdermal Patches market and submarkets.
  4. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
  5. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Transdermal Patches market
  6. The report offers market share appraisals for regional and global levels

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