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.
The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.
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Competitive Outlook: The leading companies operating in the Topical Drug Delivery market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Topical Drug Delivery Market and Profiled in the Report are:
Johnson Johnson, Nestlé SA, GlaxoSmithKline, Novartis AG, Merck Co, Bausch Health Companies, Glenmark Pharmaceuticals, Bayer AG, Hisamitsu Pharmaceuticals, Encore Dermatology, Inc.
Objectives of the Report:
Study of the global Topical Drug Delivery market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Topical Drug Delivery market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Topical Drug Delivery market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Topical Drug Delivery market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
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
Regional Analysis:
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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