medical devices

Global Transdermal Patches Market Trends Forecast Analysis by , Regions, Type and Application to 2026 | Major competitors are AdhexPharma, ProSolus, Inc., Tapemark, Tesa Labtec GmbH, Nitto Denko Corporation

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

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.

According to WHO, in the year 2017, the number of people suffering from diabetes globally was about 422 million.

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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.

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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Key Reasons to Purchase:

 To gain insightful analyses of the market and have comprehensive understanding of the Global Transdermal Patches Market and its commercial landscape

Assess the Transdermal Patches production processes, major issues, and solutions to mitigate the development risk

To understand the most affecting driving and restraining forces in the Transdermal Patches Market and its impact in the Global market

Learn about the market strategies that are being adopted by leading respective organizations

To understand the future outlook and prospects for Global Transdermal Patches Market

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