Transdermal Drug Delivery System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

The global transdermal drug delivery system market is categorized into the type of delivery system and application. Based on the type of delivery system, the transdermal drug delivery system market includes active, passive, and others. The passive transdermal drug delivery system is bifurcated into reservoir and matrix systems.

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Sarasota, FL -- (SBWire) -- 02/20/2019 --Global Transdermal Drug Delivery System Market: Overview

Transdermal drug delivery systems are basically an alternative to subcutaneous, transmucosal, and oral intravascular routes. In these drug delivery systems, the prescribed drugs are delivered to the patients via the skin for therapeutic usage. The demand and popularity of the transdermal drug delivery system market across the globe can be attributed to the growing number of patients suffering from various types of chronic diseases in different parts of the world.

Global Transdermal Drug Delivery System Market: Growth Factors

The major growth drivers of the global transdermal drug delivery system market in the future include a growing number of patients suffering from various types of chronic diseases, such as cancer, Alzheimer's, diabetes, hypertension, etc., in different parts of the world and the constantly rising geriatric population. The rising rates related to the adoption of various third-generation transdermal drug delivery systems, such as electroporation and iontophoresis, is likely to contribute notably toward the expansion of the transdermal drug delivery system market globally in the years ahead. Furthermore, the substantial developments related to penetration and molecular absorption enhancers, the latest adhesives will result in improved skin permeability, thereby expanding the drugs range to be delivered via transdermal drug delivery systems. This, in turn, is projected to further drive the development of the global transdermal drug delivery system market in the future.

However, some disadvantages of transdermal drug delivery systems, such as edema and irritation skin at the application site, might restrict the market for transdermal drug delivery system market on a global scale in the future.

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Global Transdermal Drug Delivery System Market: Segmentation

The global transdermal drug delivery system market is categorized into the type of delivery system and application. Based on the type of delivery system, the transdermal drug delivery system market includes active, passive, and others. The passive transdermal drug delivery system is bifurcated into reservoir and matrix systems. The active transdermal drug delivery system includes electrical-based (sonophoresis, electroporation, and iontophoresis) and structure-based. By application, this global market is classified into smoking cessation, motion sickness, cardiovascular disorders, pain management, hormone replacement therapy, and analgesics. The pain management segment is likely to dominate the market globally over the estimated timeframe, owing to the increasing number of patients suffering from chronic pain.

Global Transdermal Drug Delivery System Market: Regional Analysis

By region, this global market is primarily divided into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The Asia Pacific transdermal drug delivery system market is likely to hold a substantial share of this global market in the years ahead. This can be attributed to the presence of a large patient pool suffering from different types of chronic disorders, such as cancer, diabetes, and hypertension. As per a report published by CADI Research Foundation, hypertension is among the most prevalent chronic diseases in India. The North American transdermal drug delivery system market is the primary revenue generator region owing to the growing prevalence of cardiovascular diseases and central nervous system disorders and rising consumption of contraceptives.

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Global Transdermal Drug Delivery System Market: Competitive Players

Some most important market players of the global transdermal drug delivery system market are Purdue Parma, Endo International, Johnson & Johnson, Boehringer Ingelheim, GlaxoSmithKline, Novartis, UCB, Mylan, and Hisamitsu Pharmaceutical, among others.

Global Transdermal Drug Delivery System Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
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Market share analysis
Key strategies of major players
Emerging segments and regional markets
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