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20-Mar-2020

Topical Drug Delivery Market CAGR of 9.00%| Leading Players like GlaxoSmithKline plc., Valeant Pharmaceuticals International, Inc., Crescita Therapeutics Inc., Medpharm

The Global Topical Drug Delivery Market document sheds lamp on market size, regional changing trends emerging new prospects for market growth rate and production value estimation from 2019 – 2026. This is the detailed market research report which studies the challenges, market structures, opportunities, driving forces, and competitive landscape of the business. Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company.

The Topical Drug Delivery Market report includes a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about Pharmaceutical industry. Here, market overview is given in terms of drivers, restraints, opportunities and challenges where each of this parameter is studied scrupulously. Being a wide-ranging market research report, it is sure to help grow your business in several ways.

Global Topical Drug Delivery Market is expected to rise from its initial estimated value of USD 120.82 billion in 2018 to an estimated value of USD 240.76 billion by 2026, registering a CAGR of 9.00% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing  preference for topical drug delivery. Global Topical Drug Delivery Market research report is generated with the best and advanced tools of collecting, recording, estimating and analysing market data.

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Few of the major competitors currently working in the nerve repair biomaterial market are Galderma S.A. (Switzerland), GlaxoSmithKline plc. (U.K.), Valeant Pharmaceuticals International, Inc. (Canada), Crescita Therapeutics Inc. (Canada), Medpharm (U.K.), 3M (U.S.), Bayer AG (Germany), Novartis AG (Switzerland), Janssen Global Services, LLC (U.S.), Cipla Inc. (India), West Pharmaceutical Services ,Inc (US), Biofarmitalia s.r.l (Italy), Pharmatek Laboratories, Inc. (US), Stiefel Laboratories, Inc. (US), Tapemark (US), Acrux Limited (Australia), Nitto Denko Corporation (Japan), Skinvisible Pharmaceuticals, Inc. (us), Mylan N.V. (US), Pocono Coated Products LLC (US), Lohmann Therapie-Systeme AG (Germany).

Market Drivers

There is high demand for prevalence of skin diseases is expected to act as a driver to the market growth High growing preference for topical drug delivery is also expected to act as a driver to the market growth There is increase in incidence of burn injuries is also expected to act as a driver to the market growth Rising incidence of diabetes is also to drive the market

Market Restraints

Negative impact of product recalls is expected to restrain the market growth.

Segmentation: Global Topical Drug Delivery Market

By Product Type

Topical Solid Topical Formulations Suppositories Powders Semi-Solid Topical Formulations Creams Gels Ointments Pastes Lotions Liquid Topical Formulations Solutions Suspensions Transdermal Patches Gels

By Application of Drug

Skin Drug Ophthalmic Drug Rectal Drug Vaginal Drug Nasal Drug

By End User

Hospitals and Private Clinics Home Care Settings Other

By Distribution Channel

Direct Tenders Retail

By Geography

North America South America Europe Asia-Pacific Middle East & Africa

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Key Developments in the Market:

In December 2018,Aclaris Therapeutics Acquired RHOFADE® from Allergan. RHOFADE cream was approved by the U.S. Food and Drug Administration (FDA) in 2017 for the topical treatment of persistent facial erythema (redness) associated with rosacea in adults. By this acquisition Aclaris to further strengthen itself in topical treatments. In December 2018, Sun Pharma acquires Pola Pharma’s two manufacturing plants. Pola Pharma is a topical drug and injectables manufacture in Japan. By this acquisition sun Pharma to further strengthen its presence in Japan.

Competitive Analysis: Global Topical Drug Delivery Market

Global topical drug delivery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of topical drug delivery market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

Current and future of global topical drug delivery market outlook in the developed and emerging markets The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period Regions/Countries that are expected to witness the fastest growth rates during the forecast period The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Table of Contents:

1. INTRODUCTION

1.1. OVERVIEW OF GLOBAL TOPICAL DRUG DELIVERY MARKET
1.2. CURRENCY AND PRICING
1.3. LIMITATION
1.4. MARKETS COVERED

2. MARKET SEGMENTATION

2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS

3. MARKET OVERVIEW

3.1. DRIVERS

3.1.1. RISING CASES OF ACUTE AND CHRONIC DISEASE
3.1.2. RISING AGING POPULATION
3.1.3. TECHNOLOGICAL ADVANCEMENTS AND INNOVATIONS
3.1.4. APPROVAL OF NEW DRUGS
3.1.5. BETTER OPPORTUNITY IN PHARMERGING MARKETS

3.2. RESTRAINTS

3.2.1. REGULATORY SCENARIO AND PRICING PRESSURE

3.3. OPPORTUNITY

3.3.1. ENERGING MARKET
3.3.2. RISING ACCEPTANCE FOR SELF-ADMINISTRATION OF DRUGS

3.4. CHALLENGES

3.4.1. PRODUCT RECALL
3.4.2. PENETRATION INTO THE SMALLER MARKETS

4. PREMIUM INSIGHTS

5. EXECUTIVE SUMMARY

6. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY TYPE

6.1. OVERVIEW

6.2. TRANSDERMAL DRUG DELIVERY SYSTEMS (TDDS)
6.3. TOPICAL DRUG FORMULATION, BY PRODUCT TYPE
6.4. LIQUID TOPICAL DRUG FORMULATION, BY PRODUCT TYPE
6.5. SEMI SOLID TOPICAL DRUG FORMULATION, BY PRODUCT TYPE
6.6. SOLID TOPICAL DRUG FORMULATION, BY PRODUCT TYPE

7. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY INDICATION

7.1. OVERVIEW
7.2. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY INDICATION
7.3. GLOBAL ANTI-INFECTIVE TOPICAL DRUG DELIVERY MARKET, BY INDICATION

8. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY DISTRIBUTION CHANNEL

8.1. OVERVIEW
8.2. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY DISTRIBUTION CHANNEL

9. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY END USER

9.1. OVERVIEW

10. GLOBAL TOPICAL DRUG DELIVERY MARKET, BY GEOGRAPHY

10.1. OVERVIEW

10.2. NORTH AMERICA TOPICAL DRUG DELIVERY MARKET

10.3. EUROPE TOPICAL DRUG DELIVERY MARKET

10.4. APAC TOPICAL DRUG DELIVERY MARKET

10.5. SOUTH AMERICA TOPICAL DRUG DELIVERY MARKET

10.6. MIDDLE EAST AND AFRICA (MEA) TOPICAL DRUG DELIVERY MARKET

11. GLOBAL TOPICAL DRUG DELIVERY MARKET, COMPANY SHARE

12. COMPANY PROFILES

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Last Updated: 20-Mar-2020