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The global topical drug delivery market is mainly driven by major increase in prevalence of skin diseases, infections, and conditions that require application of topical drugs and solutions.<br><br>Market Size u2013 USD 88.96 Billion in 2019, Market Growth u2013 at a CAGR of 6.3%, Market Trend u2013 High demand from the APAC region.
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www.emergenresearch.com Topical Drug Delivery Market Report 2017-2027 Topical Drug Delivery Market Size Worth USD 145.68 Billion by 2027
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Market Summary 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. Some Key Highlights From the Report: • In December 2018, Aclaris Therapeutics, Inc. acquired RHOFADE cream from Allergan. The acquisition has enabled Aclaris Therapeutics, Inc. to refocus its resources on the development of immuno-inflammatory assets in order to provide developed treatments for patients suffering from immuno-inflammatory diseases. www.emergenresearch.com
Market Summary Key Highlights From The Report: • In November 2018, Sun Pharmaceutical acquired Pola Pharma and two of the latter’s manufacturing facilities in Japan. This transaction has helped to strengthen the company’s dermatology business in the island nation of Japan. The market in North America accounted for the largest market share of 32% in 2019. The presence of numerous major pharmaceutical companies has been resulting in the robust and high market size in terms of revenue from countries in the region, and North America has been dominating other regions in terms of revenue share contribution to the global market over the past few years. Key players operating in the market are Johnson & Johnson, Nestlé SA, GlaxoSmithKline, Novartis AG, Merck & Co, Bausch Health Companies, Glenmark Pharmaceuticals, Bayer AG, Hisamitsu Pharmaceuticals, and Encore Dermatology, Inc. • • Request Free Sample Copy @ https://www.emergenresearch.com/request-sample/479 ww.emergenresearch.com
Market Summary Emergen Research has segmented the global topical drug delivery Market on the basis of Product, End-User, Mode of Purchase, and region: 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 Read More @ https://www.emergenresearch.com/industry-report/topical-drug-delivery-market
Market Summary End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027) • Hospitals • Home Healthcare • Clinics • Diagnostic Centers • Burn Center Request for Customization @ https://www.emergenresearch.com/request-for-customization/479
Parameter Details Market Size Estimation Period 2020-2027 Base Year Considered 2020 Historical Data 2016-2018 Forecast Period 2020-2027 Volume: Thousand Tons, Revenue in USD billion & CAGR from 2020 to 2027 Quantitative Units Segments Covered Type, End user, Materials used, Region MARKET The U.S., Germany, U.K., Italy, China, India, Japan, Brazil Countries Included SEGMENTATION Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends Report Coverage Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa Customization Scope 10 hours of free customization & expert consultation Explore Different Purchase Options & Request for Discount to Avail New Year Discount Pricing and Purchase Options www.emergenresearch.com
Regional Share Dynamics www.emergenresearch.com
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