US Transdermal Skin Patches Market Analysis

US Transdermal Skin Patches Market Analysis


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US Transdermal Skin Patches Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Transdermal Skin Patches market is growing globally due to the increasing demand for non-invasive drug delivery, growing prevalence of chronic diseases like cardiovascular disorders, pain management, hormonal imbalances and neurological conditions, geriatric application and pediatric applications of transdermal skin patches due to better patient compliance, advancements in patch technology, expansion of therapeutic applications of transdermal skin patches like hormone replacement therapy, smoking cessation, motion sickness, dermatological conditions, and increasing focus on personalized medicine. Adhex Pharma, ProSolus, Inc, Tapemark, Tesa Tapes Pvt. Ltd., Nitto Denko Corporation, Noven Pharmaceuticals, Inc, LTS Lohmann Therapie-Systeme are the key global market players in transdermal skin patches market.

ID: IN10USPH410 CATEGORY: Pharmaceuticals GEOGRAPHY: US AUTHOR: Saloni Shah

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US Transdermal Skin Patches Market Analysis Summary

US Transdermal Skin Patches Market is valued at around $3006 Mn in 2022 and is projected to reach $3778.4 Mn by 2030, exhibiting a CAGR of 2.9% during the forecast period 2023-2030.

Transdermal patches are a form of therapeutic adhesive patch. They help administer a specific dose of medication within the body by combining the diffusion technique and transdermal technology. The medicine finally makes its way into the bloodstream over time. Numerous ailments, including migraines, diabetes, Alzheimer's, cardiac problems, and hormone imbalances, are treated with transdermal patches. Advantages offered by transdermal skin patches include controlled drug release, enhanced drug stability, avoidance of the digestive system, and flexibility of application of transdermal patches. Adhex Pharma, ProSolus, Inc, Tapemark, Tesa Tapes Pvt. Ltd., Nitto Denko Corporation, Noven Pharmaceuticals, Inc, and LTS Lohmann Therapie-Systeme are the key global market players in the transdermal skin patches market.

Market Dynamics

Market Growth Drivers

Increasing demand for non-invasive drug delivery, growing prevalence of chronic diseases like cardiovascular disorders, pain management, hormonal imbalances, and neurological conditions, geriatric application and pediatric applications of transdermal skin patches due to better patient compliance, advancements in patch technology, expansion of therapeutic applications of transdermal skin patches like hormone replacement therapy, smoking cessation, motion sickness, dermatological conditions, and increasing focus on personalized medicine act as market growth drivers.

Market Restraints

Limited Drug Compatibility as not all drugs are suitable to be converted into transdermal patches, skin irritation, and allergic reactions are experienced by some individuals, limited drug load and patch size, Slow Onset of Action compared to other routes and regulatory and safety concerns act as market growth restraints. 

Competitive Landscape

Key Players

  • Adhex Pharma
  • ProSolus, Inc
  • Tapemark
  • Tesa Tapes Pvt. Ltd.
  • Nitto Denko Corporation
  • Noven Pharmaceuticals, Inc
  • LTS Lohmann Therapie-Systeme

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Market Segmentations For US Transdermal Skin Patches Market

By Product

  • Single-Layer Drug-In-Adhesive
  • Multi-Layer Drug-In-Adhesive
  • Matrix
  • Reservoir
  • Vapour
  • Others

By Type

  • Fentanyl Transdermal Patch
  • Nicotine Transdermal Patch
  • Buprenorphine Transdermal Patch
  • Clonidine Transdermal Patch
  • Oxybutynin Transdermal Patch
  • Others

By Application

  • Cardiovascular Disorder
  • Central Nervous System Disorders (CNS)
  • Pain Management/ Relief
  • Smoking Reduction and Cessation Aid
  • Overactive Bladder
  • Nicotine Cessation
  • Hormonal Therapy/ Disorders
  • Dermatology
  • Others

By Technology

  • Electric Current
  • Mechanical Arrays
  • Thermal Ablation
  • Chemical Enhancers
  • Others

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

By End-user

  • Home Care Settings
  • Hospitals
  • Clinics

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 27 February 2024
Updated by: Dr. Purav Gandhi

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