vandana asked 1 year ago
The global topical drug delivery market is expected to register high revenue growth and reach a market size of USD 145.68 Billion by 2027, according to a current analysis by Emergen Research. The importance of topical drug formulations for pharmaceutical delivery is rapidly increasing, and rising demand and use of these types of products is contributing to increasing market size currently, and the trend for more convenient treatments at home is contributing to increasing market size. Topical drug delivery routes helps to deliver drug substance more selectively to the specific area, while avoiding drug level fluctuations. This method also offers inter-and intra-patient variations, better compliance, and high suitability for self-medication and better convenience.
Furthermore, the latest document is furnished with the current market scenario impacted by the COVID-19 pandemic. It gradually unfolds the pandemic’s adverse economic effects on this business sector. The lethal viral outbreak has cost countless lives worldwide, alongside causing major disruptions to the global economy and this particular industry. The report highlights the leading competitors in this sector, the present financial standing of the market, the global supply chains, sales & distribution channels, and the profound impact of the COVID-19 restrictions on this market. The study further discovers numerous business-centric strategies implemented by the key players to gain robust traction globally.
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Key companies operating in the Topical Drug Delivery market include:
Johnson & Johnson, Nestlé SA, GlaxoSmithKline, Novartis AG, Merck & Co, Bausch Health Companies, Glenmark Pharmaceuticals, Bayer AG, Hisamitsu Pharmaceuticals, Encore Dermatology, Inc.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Topical Drug Delivery market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Topical Drug Delivery Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
For more informative information, please visit us @https://www.emergenresearch.com/industry-report/topical-drug-delivery-market
Topical Drug Delivery Market Segmentation:
-
Product Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Semi-Solid
- Solid Formulations
- Transdermal Products
- Liquid Formulations
-
Route Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Dermal
- Ophthalmic
- Nasal
- Others
-
End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Hospitals
- Home Healthcare
- Clinics
- Diagnostic Centers
- Burn Center
Topical Drug Delivery Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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