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.
The latest research report presents a comprehensive investigation of the market, with a particular focus on the key growth trends and opportunities available for the leading market contenders.The report elaborates on a wide array of market aspects, including import & export, production and consumption rates, manufacturing processes, cost structures, sales network & distribution channels, and consumer bases in the key geographies. Authors of the report have also undertaken a far-reaching study of the present market scenario, coupled with a detailed analysis of significant factors like market size, share, and future growth rate.
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Further Key Findings from the Report Suggest:
- 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.
- 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.
Topical Drug Delivery Market Segmentation:
For the purpose of this report, Emergen Research has segmented the global topical drug delivery market based on product types, route, end-use, and regions as follows:
- Product Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Solid Formulations
- Transdermal Products
- Liquid Formulations
- Route Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)
- Home Healthcare
- Diagnostic Centers
- Burn Center
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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Key points covered in the report:
- The report provides the reader with a detailed study of the global Topical Drug Delivery market, including essential data beneficial for business.
- The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
- A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
- It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Topical Drug Delivery Market Segmentation & Impact Analysis
4.1. Topical Drug Delivery Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
22.214.171.124. Increasing skin diseases
126.96.36.199. Growing geriatric population
4.2.3. Market restraints analysis
188.8.131.52. Availability of alternative drug delivery modes
184.108.40.206. Side effects of using topical drugs
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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