medical devices

Global Transdermal Patches Market Growth Factors, Segmentation, Regional Analysis, Opportunities And Competitive strategies With growing CAGR of 5.8% & Forecast to 2026

Global 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%.

This Transdermal Patches report is a superior and comprehensive market research report which endows professionals with a lot of aspects about the market and the industry. This Transdermal Patches market research report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin.

A proficient team works meticulously with their potential capabilities to generate this finest Transdermal Patches market research report. This report provides exact information about market trends, industrial changes, and consumer behaviour etc. By knowing the marketing strategies of rivals, businesses can set up innovative ideas and striking sales targets which ultimately make them achieve competitive advantage over its competitors.

Global 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.

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Key Market Competitors: Global Transdermal Patches Market

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.

Potential of the report:

• To gain information about the top players in this industry, their product portfolios, and their key strategies.
• Key parameters which are driving this market and restraining its growth
• What all challenges manufacturers will face as well as new opportunities and threats faced by them.
• Learn about the market strategies that are being adopted by your competitors and leading organizations

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.

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

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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

Some of the Major Highlights of TOC covers:

 Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2: Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3: Transdermal Patches Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

Chapter 4: Transdermal Patches Market, By Region

Chapter 5: Company Profile

Business Overview

Financial Data

Product Landscape

Strategic Outlook

SWOT Analysis

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