Transdermal Skin Patches Market Projected To Witness Substantial Growth, 2024-2031: Novartis AG, Viatris, Inc., Cipla


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Transdermal Skin Patches market Trends

BURLINGAME, CA, UNITED STATES, September 9, 2024 /EINPresswire / -- The latest market intelligence report published by CMI with the title "Global Transdermal Skin Patches Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Medical Devices industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Transdermal Skin Patches Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

Do you think, if this report could be of your interest? If yes, request Sample Copy of this Report:

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Key Trends

Growing Preference for Non-Invasive Drug Delivery: Transdermal skin patches offer a non-invasive method for delivering medications, which is increasingly preferred by patients over oral or injectable forms. This trend is driving the demand for patches in a variety of therapeutic areas, including pain management, hormonal treatments, and nicotine cessation.

Technological Advancements in Patch Design: Innovations in patch technology, such as microneedles and iontophoresis, are improving drug delivery efficiency and patient compliance. These advancements are enhancing the range of drugs that can be delivered through the skin, including biologics and large-molecule medications.

Rising Prevalence of Chronic Diseases: The increasing incidence of chronic diseases such as diabetes, cardiovascular disorders, and chronic pain conditions is fueling the demand for transdermal patches. These patches offer consistent and controlled drug delivery, which is ideal for managing long-term conditions.

Expansion of Transdermal Patches Beyond Traditional Uses: While transdermal patches are widely used for pain relief and hormone replacement therapy, they are now expanding into other therapeutic areas such as neurological disorders, motion sickness, and vaccines. This expansion is broadening the market potential.

Want to access more insights? The journey starts from requesting Sample:

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast – 2031, Y-o-Y growth rate, and CAGR):

By Type:
Single-layer Drug-in-Adhesive
Multi-layer Drug-in-Adhesive
Matrix
Others

By Application:
Pain Relief
Smoking Cessation
Overactive Bladder
Hormonal Therapy
Others

By Distribution Channel:
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

. By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

Novartis AG
Purdue Pharma L.P.
Viatris Inc.
Teikoku Pharma USA Inc.
Johnson & Johnson Services Inc.
Teva Pharmaceutical Industries Ltd.
LUYE PHARMA AG
Samyang Holdings Corporation
Vektor Pharma
Hisamitsu Pharmaceutical Co.,Inc.
UCB S.A.
Hikma Pharmaceuticals PLC
Corium Inc.
Nitto Denko Corporation
Gedeon Richter Plc.
Agile Therapeutics
Amneal Pharmaceuticals LLC.
Cipla
AdhexPharma

Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Transdermal Skin Patches Market for all the regions and countries covered below:

. North America (the United States, Canada, and Mexico)
. Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
. Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
. South America (Brazil, Argentina, and Rest of South America)
. Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
. Each Country is covered in detail, and report provides qualitative and quantitative analysis on Transdermal Skin Patches Market on each country.

Get access to the latest Edition of this Market Study (comprising 150+ pages):

The research provides answers to the following key questions:

. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
. What are the key driving forces responsible for shaping the fate of the Transdermal Skin Patches market during the forecast period?
. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Transdermal Skin Patches market?
. What are the prominent market trends influencing the development of the Transdermal Skin Patches market across different regions?
. What are the major threats and challenges likely to act as a barrier in the growth of the Transdermal Skin Patches market?
. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

➼ Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
➼ Reports provide opportunities and threats faced by suppliers in the Transdermal Skin Patches and tubes industry around the world.
➼ The report shows regions and sectors with the fastest growth potential.
➼ A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
➼ The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
➼ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
➼ This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

Author of this marketing PR:

Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.

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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.