#Transdermal Corp Transdermal Drug Delivery Market

[myblogscmi]

Global Transdermal Skin Patches Market Is Estimated To Witness High Growth Owing To Increasing Demand for Convenient Drug Delivery Method

The global transdermal skin patches market is estimated to be valued at US$ 7,695.0 Mn In 2021 and is expected to exhibit a CAGR of 5.0% over the forecast period 2022-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Transdermal skin patches are adhesive patches that deliver drugs through the skin and into the bloodstream. They are a convenient and non-invasive method of drug delivery, providing advantages such as controlled release, prolonged drug action, and decreased side effects. These patches are widely used for the treatment of various conditions such as pain management, hormonal therapy, cardiovascular diseases, and smoking cessation. The increasing demand for a convenient drug delivery method and the growing prevalence of chronic diseases are driving the growth of the transdermal skin patches market. Market Key Trends: One key trend in the Transdermal Skin Patches Market is the development of advanced drug delivery systems. Pharmaceutical companies are investing in research and development to improve the efficiency and effectiveness of transdermal patches. For example, Purdue Pharma Manufacturing LP has developed Butrans, a transdermal patch for chronic pain management that provides continuous release of medication for up to seven days. These advancements in drug delivery technology are expected to drive market growth. PEST Analysis: - Political: Governments play a crucial role in determining regulations related to the production, marketing, and sale of transdermal skin patches. The approval process for these patches may vary across different regions, affecting market growth. - Economic: The economic landscape of a region, including factors such as disposable income and healthcare expenditure, influences the demand for transdermal skin patches. - Social: Increasing awareness about the advantages of transdermal drug delivery systems and the need for convenient treatment options among patients are contributing to market growth. - Technological: Advancements in drug delivery technologies, such as microneedle patches and iontophoretic patches, are enhancing the efficacy and convenience of transdermal skin patches. Key Takeaways: - The global Transdermal Skin Patches Market is expected to witness high growth, exhibiting a CAGR of 5.0% over the forecast period, due to increasing demand for a convenient drug delivery method. The advantages of transdermal patches, such as controlled release and decreased side effects, are driving their adoption. - North America is expected to dominate the transdermal skin patches market, owing to the presence of key market players, high healthcare expenditure, and a growing geriatric population. - Key players operating in the global transdermal skin patches market include Henan Lingrui Pharmaceutical Ltd, Purdue Pharma Manufacturing LP, Luye Pharma Group, 3M Company, Mylan (Viatris), Teva Pharmaceutical Industries Ltd, Samyang Biopharmaceuticals Corp. (Samyang Holdings), Novartis, and Teikoku Pharma USA Inc. (Teikoku Seiyaku Co. Ltd). These companies are focusing on product development and strategic collaborations to strengthen their market presence. In conclusion, the global transdermal skin patches market is poised for significant growth in the coming years. The increasing demand for a convenient drug delivery method, coupled with advancements in drug delivery technology, is expected to drive market growth. Strategic collaborations and product development initiatives by key players will further contribute to the expansion of the market.

[balrajgis]

Thin Film Drugs Market to record robust growth rate in coming 10 years | Pfizer Inc., Novartis AG, Wolters Kluwer

Global Thin Film Drugs Market report from Global Insight Services is the single authoritative source of intelligence on Thin Film Drugs Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A thin film drug is a medication that is designed to be applied directly to the surface of the skin. These drugs are typically used to treat conditions that affect the skin, such as psoriasis, eczema, and acne. Thin-film drugs are applied in a thin layer and are typically absorbed into the skin within minutes.

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Key Trends

The key trends in Thin Film Drugs technology are the development of new delivery systems, the use of new materials, and the use of new manufacturing processes. One of the most promising new delivery systems is the use of nanotechnology. Nanoparticles can be used to deliver drugs directly to the site of an injury or disease, and they can be designed to release the drug over an extended period of time.

Key Drivers

The key drivers of the thin film drugs market are the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for self-administered medications. The thin film drugs market is also driven by the increasing adoption of thin-film drug delivery systems by pharmaceutical and biotechnology companies.

Market Segmentation

By Product

Oral Thin Film

Transdermal Thin Film

By Disease Indication

Migraine

Opioid Dependence

Nausea

By Region

North AmericaUS

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Key Players

Pfizer Inc.

Novartis AG

Wolters Kluwer

Solvay

Allergan plc

Sumitomo Dainippon Pharma Co. Ltd.

IntelGenx Corp

ZIM Laboratories Limited

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[researchupdates]

Global Microneedle Drug Delivery Systems Market Growth Statistics to Make Multi-Billion Dollar Market during 2021-2028

Global Microneedle Drug Delivery Systems Market Synopsis:

DBMR team offers customization of Microneedle Drug Delivery Systems Market report according to the business needs. Contact sales team, who will guarantee to get a report that suits the necessities. The Market analysis and competitor analysis helps the firm in determining the range in terms of sizes, colors, designs, and prices, etc. within which its products are to be offered to the consumers. Microneedle Drug Delivery Systems Market survey report offers strategic and tactical support to clients for making well-informed business decisions. It is an organized method to bring together and document information about the Healthcare industry, Market, or potential customers.

The info covered in the universal Microneedle Drug Delivery Systems Market document helps businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products. It is helpful in determining the discount rates, the actual prices and the price ranges, price elasticity for its products. Such report is made available for industries, individuals, and organizations across the globe, and offerings are delivered in the shortest possible turnaround time. The report carefully examines the global Microneedle Drug Delivery Systems Market, with a focus on most of the major players and their business strategies, geographical scope, Market segments, product landscape and price, and cost structure.

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The Global Microneedle Drug Delivery Systems Market is growing at a CAGR of 7.10% in the forecast period of 2020 to 2027.

According to the market report analysis, Microneedles are tiny needles, small enough to be weighted millionths of a meter, designed to supply medicines which has many advantages for biological agents compared with conventional needle and syringe delivery systems. Microneedle delivery of drugs plays a significant role in the pharmaceutical, biotechnology and medical industries and is used in applications such as neurology, dermatology, cardiovascular, oncology and others.

Some of most important key factors driving the growth of the Global Microneedle Drug Delivery Systems Market are increasing demand for safer substitute to conventional hypodermic injections, increasing technologies such as microneedle patches, rising interest in alternate routes of drug administration transdermal and intradermal drug delivery systems, early phase disease diagnosis and treatment, rapidly growing population.

The major players covered in the Microneedle Drug Delivery Systems Market report are 3M, nanoBioSciences, LLC, NanoPass, Microdermics, Zosano Pharma Corp, Micropoint Technologies, MyLife Technologies, Innoture Medical Technology Limited, Phillips-Medisize - a Molex Company, Corium Inc, Stemedica Cell Technologies, Inc, and LTS Lohmann Therapie-Systeme AG among other domestic and global players.

Regionally, North America dominates the microneedle drug delivery systems market because of growing awareness among patients and rapidly growing population while APAC is expected to grow at the highest growth rate in the forecast period of 2020 to 2027 due to changing lifestyle of people and rising per capita expenditure.

Access Complete Report @ https://www.databridgemarketresearch.com/reports/global-microneedle-drug-delivery-systems-market .

[nitasonwane]

Thin Film Drugs Market Growth, Top Key Players, Trend, Opportunities Forecast to 2027

The global thin film drugs market size is projected to reach USD 16.27 billion in 2028. Fortune Business Insights™ published this information in a new study, titled, “Thin Film Drugs Market, 2021-2028.” The study further mentions that the market stood at USD 7.35 billion in 2020. It is expected to showcase a CAGR of 10.5% in the forecast period between 2021-2028. The surging geriatric population across the globe is anticipated to affect growth positively. As per the United Nations, in 2017, the global old age population was 962 million. It is estimated to double by the end of 2050 and reach 2.1 billion. Hence, the prevalence of Alzheimer’s and Parkinson’s diseases will also increase rapidly, thereby accelerating the demand for thin film drugs.

please visit: https://www.fortunebusinessinsights.com/thin-film-drugs-market-104883

Fortune Business Insights™ listed the names of prominent thin film drug providers present in the global market. They are as follows:

Pfizer, Inc.(U.S.)

Allergan (Ireland)

ZIM Laboratories Limited (India)

Novartis AG (Switzerland)

Aquestive Therapeutics (U.S.)

Sumitomo Dainippon Pharma Co. Ltd. (Japan)

IntelGenx Corp (Canada)

Wolters Kluwer (Netherlands)

XPhyto Pharma (Germany)

Other Prominent Players

Development of Cannabis-based Drugs to Propel Growth

The rising technological advancements occurring in the field of drug delivery systems is set to spur the thin film drugs market growth in the upcoming years. Additionally, numerous start-up firms are investing in the development of cannabis-based drugs. XPhyto Pharma, for instance, is likely to create around 13 drugs by using the thin firm drug delivery method. In Europe, the study is in Phase II clinical trial as of February 2021. However, the lack of high investments in emerging economies may obstruct growth.

Segmentation-

Retail Pharmacy Segment to Dominate Backed by Easy Availability of Drugs

Our analysts have segmented the market on the basis of product, disease indication, distribution channels, and geography. By product, it is fragmented into transdermal film drugs and oral thin film (OTF) drugs.

[larebomrglobal]

Drug Device Combination Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Global Drug Device Combination Market size is expected to grow at an annual average of 5.3% during 2021-2027. A drug-device combination product is a medical device consisting of a device and active pharmaceutical ingredients that are physically or chemically bonded together as a “single entity”. These products lead to safe and effective management and treatment of many disorders due to accurate drug delivery, topical administration and individualized treatment. Major drug-device combination products include drug-eluting stents, infusion pumps, inhalers, transdermal delivery systems, and prefilled syringes. These technologically advanced products are used to manage and treat many chronic diseases such as cancer, diabetes, respiratory problems, cardiovascular disease, wound healing, and more.

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The drug-device combination market is not fragmented and the key players in this market are Medtronic, Boston Scientific Corp., Edwards Life sciences Corp., Stryker Corp., QLT Inc.

A full report of  Drug Device Combination Market available at: https://www.orionmarketreports.com/request-sample/?id=47725

 Drug Device Combination Market – Segmentation

By Product

Drug-eluting stent    

Infusion pump

Photodynamic therapy

Antimicrobial wound dressing

Prefilled syringe

By Wound Type

Cardiovascular disease

Diabetes

Respiratory problem

Cancer treatment

Antimicrobial application

Other applications

By End User

Hospital & clinic

Ambulatory surgery center (ASC)

Home care setting

Other end users

The report covers the following objectives:

Proliferation and maturation of trade in the  Drug Device Combination Market

The market share of the  Drug Device Combination Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.

Current and future market trends that are influencing the growth opportunities and growth rate of the  Drug Device Combination Market.

Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the  Drug Device Combination Market.

Recent Developments

Market Overview and growth analysis

Import and Export Overview

Volume Analysis

Current Market Trends and Future Outlook

Market Opportunistic and Attractive Investment Segment

Geographic Coverage

North America Market Size and/or Volume

Latin America Market Size and/or Volume

Europe Market Size and/or Volume

Asia-Pacific Market Size and/or Volume

Rest of the world Market Size and/or Volume

Key Questions Answered by  Drug Device Combination Market Report

What was the  Drug Device Combination Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).

What will be the CAGR of Aircraft Heat Exchanger Market during the forecast period (2021-2027)?

Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?

Which manufacturer/vendor/players in the  Drug Device Combination Market was the market leader in 2018?

Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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[kisamehoshikage]

Comprehensive Study of the Active Transdermal Drug Delivery Device on Key Trends, Key Drivers and Challenges 2020-2028

"

“Active Transdermal Drug Delivery Device Market” report provides strategic supports mentioned by the business specialists with market sources, amount of manufacturing cost structure, raw materials, forecasts, turnover, manufacturing outlays, latest market trends, labor cost, demands and much more. Active Transdermal Drug Delivery Device report covers a comprehensive market structure through the globe with an in-depth study of major dynamics (Drivers, Challenges, Opportunities).

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Covid-19 episode to adversely affect the marketplace

In today’s economical market place, businesses take a lot of efforts to seek better solutions in terms of product trends, future products, marketing strategy, future events, actions or behaviours. The Facial Recognition report has been worked out with the accurate use of tools like SWOT analysis and Porter’s Five Forces analysis methods. A talented team works strictly with their potential capabilities to produce this finest Facial Recognition Market research report. The Facial Recognition Market report considers new product development from beginning to launch by performing detailed market study. Getting thoughtful about competitive landscape is another significant aspect of this market report.

By Market Players: Novartis AG Bayer AG Johnson & Johnson (Janssen Pharmaceuticals Inc.) Noven Pharmaceuticals, Inc. Actavis, Inc. Transdermal Corp. Corium International, Inc. 3M Mylan N.V. Boehringer Ingelheim GmbH Echo Therapeutics, Inc. GlaxoSmithKline plc

By Type Patches Gels

By Application Clinic Hospital Home Use

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Reasons for buying this report:

It offers an analysis of changing competitive scenario.

For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.

It offers seven-year assessment of Global Active Transdermal Drug Delivery Device

It helps in understanding the major key product segments.

Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.

It offers regional analysis of Global Active Transdermal Drug Delivery Device Market along with business profiles of several stakeholders.

It offers massive data about trending factors that will influence the progress of the Global Active Transdermal Drug Delivery Device

A detailed outline of the Global Active Transdermal Drug Delivery Device Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.

This is anticipated to drive the Global Active Transdermal Drug Delivery Device Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Active Transdermal Drug Delivery Device Market are currently adopting new technological trends in the market.

Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Active Transdermal Drug Delivery Device Market. The feasibility of the new report is also measured in this research report.

Table of Contents:

Procedure Volumes

Recent Developments for Market Competitors

Upcoming applications

Innovators study

Product Price Analysis

Regulatory Framework and Changes

Prices and Reimbursement Analysis

Market Shares in different regions

Replacement Sales Volumes

By Brands

Global Active Transdermal Drug Delivery Device Market Forecast

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[marketnewsri]

Transdermal Drug Delivery System Market Segments, Growth and Forecast Report to 2025

November 11, 2020: Global Transdermal Drug Delivery System Market report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate in these regions, from 2012 to 2023 (forecast), covering •    Asia-Pacific (China, Japan, Korea, India and Southeast Asia) •    North America (United States, Canada and Mexico) •    Europe (Germany, France, UK, Russia and Italy) •    South America (Brazil, Argentina, Columbia) •    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Global Transdermal Drug Delivery System market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including •    Novartis AG •    Johnson & Johnson •    Mylan Pharmaceuticals, Inc •    Boehringer Ingelheim GmbH •    Biogel Technology, Inc. •    Transdermal Technologies, Inc. •    Skyepharma PLC •    Watson Pharmaceuticals, Inc •    3M Company •    Noven Pharmaceuticals, Inc •    4P Therapeutics, LLC •    Echo Therapeutics, Inc •    Transdermal Corp Request a Free Sample Copy of this Report @ https://www.radiantinsights.com/research/global-transdermal-drug-delivery-system-market-2025/request-sample On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into •    Electroporation •    Radiofrequency •    Iontophoresis •    Microporation •    Other On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Transdermal Drug Delivery System for each application, including •    Central Nervous System (CNS) •    Pain Management •    Cardiovascular •    Other Table of Contents Global Transdermal Drug Delivery System Market by Manufacturers, Regions, Type and Application, Forecast to 2025 1 Report Overview    1.1 Definition and Specification    1.2 Report Overview        1.2.1 Manufacturers Overview        1.2.2 Regions Overview        1.2.3 Type Overview        1.2.4 Application Overview    1.3 Industrial Chain        1.3.1 Transdermal Drug Delivery System Overall Industrial Chain        1.3.2 Upstream        1.3.3 Downstream    1.4 Industry Situation        1.4.1 Industrial Policy        1.4.2 Product Preference        1.4.3 Economic/Political Environment    1.5 SWOT Analysis 2 Product Type Market    2.1 World Product Type Market Performance and Trend        2.1.1 World Market Performance        2.1.2 Different Type of Market Performance    2.2 North America Product Type Market Performance and Trend        2.2.1 North America Market Performance        2.2.2 Different Type of Market Performance    2.3 Europe Product Type Market Performance and Trend        2.3.1 Europe Market Performance        2.3.2 Different Type of Market Performance    2.4 Asia-Pacific Product Type Market Performance and Trend        2.4.1 Asia-Pacific Market Performance        2.4.2 Different Type of Market Performance    2.5 South America Product Type Market Performance and Trend        2.5.1 South America Market Performance        2.5.2 Different Type of Market Performance    2.6 Middle East and Africa  Product Type Market Performance and Trend        2.6.1 Middle East and Africa  Market Performance        2.6.2 Different Type of Market Performance Download Full Research Report @ https://www.radiantinsights.com/research/global-transdermal-drug-delivery-system-market-2025

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[pharmanewstrands-blog]

Drug Delivery Technologies Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2026

Drug delivery system is a method in which the therapeutic substances are delivered through general route of administration to obtain the therapeutic effect in humans or animals. The correct dose of drugs release their functional ingredients in the targeted area at the appropriate time. Drug delivery technologies helps to improve the absorption, distribution, elimination, and drug release profile for developing the product safety and efficiency. Drug delivery technologies are considered an important aspect of pharmaceutical products which are often used by pharmaceutical companies for extending the product’s lifecycle.

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Drug Delivery Technologies Market Drivers

Increasing prevalence of chronic diseases, growing demand for biologics, technological advancements, and new product launches are some of the factors driving the growth of the market. According to the National Center of Biotechnology Information (NCBI), in 2018, around 45%, or 133 million, Americans were affected by one of the chronic diseases.

Furthermore, in April 2019, Aquestive Therapeutics, Inc. announced that the U.S. Food and Drug Administration (FDA) accepted the company’s New Drug Application (NDA) for their investigational product, Riluzole oral film (ROF), which the company intends to market under the brand name, Exservan. ROF is used for treatment of amyotrophic lateral sclerosis (ALS). ROF is delivered through a postage stamp sized film which dissolves in the mouth. The FDA had designated orphan drug status to the drug in January 2018.

Drug Delivery Technologies Market - Regional Insights

On the basis of region, the global drug delivery technologies market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds dominant position in the global drug delivery technologies market, owing to the launch and adoption of novel technologies. For instance, in January 2019, Amneal Pharmaceuticals received the U.S. Food and Drug Administration (FDA) approval for its generic Exelon patch used for treatment of Alzheimer disease through the transdermal drug delivery.

Drug Delivery Technologies Market - Competitive Landscape

Key players operating in the global drug delivery technologies market are focused on innovations related to drug delivery technologies, in order to improve patient compliance. For instance, in July 2018, Merck Pharmaceuticals and InnoCore Pharmaceuticals entered into a global collaboration agreement for InnoCore’s proprietary SynBiosys biodegradable polymer platform. The drug delivery technologies are used to develop sustained release solutions for biologicals in injectable formulations. The sustained release solutions play important role in drug formulation because it improve the patient adherence.

Some of the key players operating in the global drug delivery technologies market includes 3M, Bayer AG, Becton, Dickinson & Company, Johnson & Johnson, Pfizer, Inc., Novartis AG, Glaxosmithkline PLC, Vectura Group Plc., Roche Holding AG, Generex Biotechnology, Antares Pharma, Inc., Alkermes, Merck & Co., Inc, and Sanofi, Aradigm Corp.

Click To Read More On Drug Delivery Technologies Market

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[mymassivecollectorcupcakelo-blog]

Innovations to Play a Vital Role in Thin Film Drugs Market Growth

Description:

Thin-film drug delivery uses a dissolving film or oral drug strip to administer drugs via absorption in the mouth and/or via the small intestines. A film is prepared using hydrophilic polymers that rapidly dissolves on the tongue or buccal cavity, delivering the drug to the systemic circulation via dissolution when contact with liquid is made.

Scope of the Report: This report focuses on the Thin Film Drugs in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Manufacturers, this report covers GSK LTS J&J Indivior Pfizer Sanofi Church & Dwight tesa Labtec Tapemark Prestige Bands Sun Pharma MonoSol BioDelivery Arx ZIM NAL Pharma AdhexPharma Aavishkar IntelGenx Corp APR

Browse Complete Report @ https://www.reporthive.com/details/global-thin-film-drugs-market-by-manufacturers-countries-type-and-application-forecast-to-2022_20171213092909

Market Segment by Regions, regional analysis covers North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers Transdermal Film Oral Thin Film Others

Market Segment by Applications, can be divided into Hospitals Drugstores Others

There are 15 Chapters to deeply display the global Thin Film Drugs market.

Chapter 1, to describe Thin Film Drugs Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Thin Film Drugs, with sales, revenue, and price of Thin Film Drugs, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Thin Film Drugs, for each region, from 2012 to 2017;

Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017;

Chapter 12, Thin Film Drugs market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022;

Chapter 13, 14 and 15, to describe Thin Film Drugs sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

… Read Full Table of Contents

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[green-growth-investments]

Medical Marijuana Companies are Rushing to File Patents

The growing legalization of medical marijuana across the United States has led to a boom in various companies that support all aspects of the industry. Technological advances in the medical marijuana range from proprietary hybrid strains of cannabis, to clean and efficient growing systems, software-based analytics and monitoring, and packaging and distribution infrastructure.

Vice News reported last year about a potential “looming patent war” in the medical marijuana industry, as many companies large and small in this emerging space rush to obtain patent protection on technologies to give them a competitive edge. Envision IP analyzed US patents related to medical marijuana to identify key patent holders, as well as aspects of the industry which are being patented.

Solvay Pharmaceuticals B.V., acquired by Abbott Laboratories in 2010, and spun off as AbbVie in 2013 (NYSE: ABBV), manufactures Marinol, a cannabinoid capsule used for weight loss and nausea. Solvay owns 17 patents related to its pharmaceutical compounds of its cannabinoid-based products.

Jenrin Discovery, Inc., a privately-held US company, owns 9 US patents and 3 pending, published US patent applications related to treating metabolic disorders using cannabinoid receptor antagonists/inverse agonists.

Cara Therapeutics Inc. (NASDAQ: CARA) is a clinical-stage bio-pharmaceutical company focused on developing and commercializing new chemical entities designed to alleviate pain. The company owns 9 US patents related to compounds that are modulators for cannabinoid receptors, and which can be used for the treatment of cannabinoid receptor-associated diseases.

GW Pharmaceuticals Limited (NASDAQ: GWPH), a bio-pharmaceutical company, owns 8 issued patents and 22 pending, published applications specifically related to proprietary uses for, extraction methods of, and hybrid strains of cannabis. The company holds patents for treating a number of medical ailments, such as epilepsy, constipation, and cancer (gliblastoma multiforme), as well as side-effects such as general pain and nausea experienced by cancer patients undergoing traditional therapies.

Full Spectrum Laboratories Limited, an Irish subsidiary of Teewinot Life Sciences Corporation, owns 5 US patents and 5 pending, published US patent applications in this space. The company’s patents related to production processes for biosynthetic cannabinoid formulations and compounds.

Insys Therapeutics, Inc. (NASDAQ: INSY) is a specialty pharmaceutical company which also manufactures fentanyl, owns 4 US patents and 4 pending, published US patent applications in this space. The company’s patents relate to oral and liquid cannabinoid formulations.

Arena Pharmaceuticals Inc. (NASDAQ: ARNA) is a bio-pharmaceutical company that is developing ADP371, a cannabinoid-based pain treatment. The company owns 1 US patent and 2 pending, published US patent applications related to its pain treatment product using cannabinoid receptor modulators.

Zynerba Pharmaceuticals, Inc. (NASDAQ: ZYNE) is a clinical-stage pharmaceutical company dedicated to the development of innovative transdermal synthetic cannabinoid treatments. The company owns 1 US patents and 1 pending, published US patent application related to THC prodrugs.

Axim Biotechnologies, Inc. (OTCMKTS: AXIM) is a biotechnology company focusing on the research, development, and production of cannabinoid-based pharmaceuticals. The company owns 5 pending, published US patent applications related to cosmetic, topical, anti-microbial, and oral care compositions comprising cannabinoids and cannabigerol, as well as to processes to extract and purify THC..

Echo Pharmaceuticals B.V. is a privately-held company focused on the formulation, production and development of pharmaceutical products based on cannabis components. The company owns 4 pending, published US patent applications related to tablets and granulates contained cannabidiol and THC.

Corbus Pharamaceuticals, Inc. (NASDAQ: CRBP) is a clinical-stage pharmaceutical firm is developing a synthetic oral endocannabinoid-mimetic drug, Resunab, for treating chronic inflammation and halting fibrotic processes without causing immunosuppression. The company owns 3 pending, published US patent applications related to its drug.

Biotech Institute, LLC owns 3 pending, published US patent applications related to breeding, productions, and processing of specialty cannabis.

Afgin Pharma, LLC owns 3 pending, published US patent applications related to topical cannabinoid therapy.

United Cannabis Corp. (OTC: CNAB) provides consulting services, proprietary products and licenses its intellectual property to businesses in the cannabis industry. The company owns 2 pending, published US patent applications related to preparing cannabis extracts.

Aside from the emerging players mentioned above, a handful of large-cap pharmaceutical companies have patents in this space. For example, AbbVie, Inc. owns 35 US patents and 2 pending, published US patent applications related to compounds for cannabinoid receptor ligands, and various uses thereof (in addition to the patents assigned to its predecessor company Solvay Pharmaceuticals). Bristol-Myers Squibb owns 21 US patents related to compounds and formulations for cannabinoid receptor modulators. Sanofi-Aventis and Merck & Co. Inc. owns 9 and 3 US patents, respectively, directed toward cannabinoid receptor antagonists..

The growth of patent application filings in this space has been tremendous in recent years. Between 1997 and the mid-2000s there was relatively little activity, with the majority of patent applications during this period filed by academic and research-based institutions. Since 2009 however, when many states began legalizing medical marijuana, and subsequently decriminalizing recreational marijuana use, patent applications spiked from 21 in 2009 to a peak of 87 in 2015. In 2016 there were 71 applications filed, and the number is likely higher as US patent applications become publicly available 18 months after their earliest effective filing date.

Overall, we identified 266 active, in-force US patents, and 255 pending, published US patent applications related to cannabis technology, primarily related to compounds, formulations, and various delivery mechanisms for therapy and treatment. However, there is a growing number of patents related to manufacturing processes, including hydroponic and aquaponic systems specifically for industrial production uses. We expect to see additional filings and patents in the coming years related to software and systems for commercial cannabis operations, from warehousing and supply-chain, to distribution, marketing, dispensing, and quality control. In addition, the continued evolution of cannabis as a therapy wil likely lead to innovative delivery mechanisms and devices. We have already seen from patent filings that topical, oral, liquid, and spray forms of cannabis have been developed.

We did not identify any of these patents being involved in offensive or defensive litigation. However, as the Vice article suggested, as more companies enter into this competitive space, there is an increased likelihood that patent owners may resort to litigation in an effort to block out new entrants. In addition, as we have seen in the mobile device and Internet technologies space, legacy companies with large portfolios have been able to sell patents to emerging companies. We would not be surprised if many of the large cap pharmaceutical companies, as well as the numerous academic and research institutions owning patents in the cannabis technology space divested patents to companies wishing to commercialize medical and recreational grade cannabis.

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Active Transdermal Drug Delivery Device Market To Witness Strong Growth Over 2021-2027 | Key Manufacturers Overview

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By Market Players: Novartis AG Bayer AG Johnson & Johnson (Janssen Pharmaceuticals Inc.) Noven Pharmaceuticals, Inc. Actavis, Inc. Transdermal Corp. Corium International, Inc. 3M Mylan N.V. Boehringer Ingelheim GmbH Echo Therapeutics, Inc. GlaxoSmithKline plc By Type Patches Gels By Application Clinic Hospital Home Use

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Table of Content:

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Profiles of Manufacturers: Here, leading players of the global Neutral and Extra Neutral Alcohol market are studied based on sales area, key products, gross margin, revenue, price, and production.

Market Status and Outlook by Region: In this section, the report discusses about gross margin, sales, revenue, production, market share, CAGR, and market size by region. Here, the global Neutral and Extra Neutral Alcohol Market is deeply analysed on the basis of regions and countries such as North America, Europe, China, India, Japan, and the MEA.

Application or End User: This section of the research study shows how different end-user/application segments contribute to the global Neutral and Extra Neutral Alcohol Market.

Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

Research Findings and Conclusion: This is one of the last sections of the report where the findings of the analysts and the conclusion of the research study are provided.

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[marketresearchlove-blog]

Asia Pacific (APAC) Drug Delivery Devices Market - Trends and Forecast to 2024

Asia Pacific Drug Delivery Devices Market, By Route of Administration (Oral (Solid, Liquid, Semi-Solid), Injectable, Topical, Pulmonary (MDI, DPI, Nebulizers), Nasal, Ocular, Implantable, Transmucosal), By End-User (Hospitals, Ambulatory Surgery Centers/Clinics, Home Care Settings, Diagnostic Centers, Others), By Country (China, India, Japan, South Korea, Singapore, Australia, Rest of APAC) – Industry Trends and Forecast to 2024

APAC Drug Delivery Devices Market is expected to reach USD 235.8 billion by 2024 from USD 130.9 billion in 2016, at a CAGR of 7.6% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Drug delivery is a process of introducing a therapeutic effect in the human body by administering a pharmaceutical drug at a specific targeted site. Drug delivery system improves the efficacy and safety of drug by controlling the rate, time and release of drug in the body. The drug delivery market is segmented on the basis of route of administration, end users, and region.

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·         On the basis of route of administration the APAC drug delivery devices market is segmented into oral, injectable, topical, pulmonary, nasal, ocular, implantable and transmucosal. Oral drug is further segmented based on form into solid drug, semi-solid drug and liquid drug.

·         The solid drugs include and are categorized as tablets, capsules, powders and pills. The semi-solid drugs are further segmented into gels, emulsions and elixirs. The liquid drugs are further classified into solutions and syrups.

·         The Injectable drug delivery segment is further segmented into devices and formulations. The devices segment is categorized as conventional injections, self Injectable devices, Needle free injectors, auto injectors, pen injectors, wearable injectors, other devices. The convention injections sub-segment is further classified by material into glass and plastic injections, by usability disposable and reusable injections and, by type into fillable and pre-filled syringes.  

·         The Injectable drug delivery formulations are categorized as conventional drug delivery, novel drug delivery, long acting Injectable. Based on the route of administration, oral drug delivery market dominates the market in 2015 and in the near future injectable drug delivery market will dominate the APAC drug delivery devices market with the largest share in the drug delivery market. Topical drug delivery market is considered to be the fastest growing market with the CAGR of 11.5%.

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The pulmonary drug delivery segment is further classified into metered dose inhalers (MDI), dry powder inhalers (DPI) and nebulizers. The nebulizers are further sub segmented into jet nebulizers, ultrasonic nebulizers and soft mist nebulizers.

Ocular drug delivery devices are segmented into liquid ocular drugs, semi solid ocular drugs and ocular devices. Liquid ocular drug delivery includes eye drops and liquid sprays. Semi solid ocular drug delivery includes gels and ointments. The ocular device includes drug coated lenses and ocular inserts.

Nasal drug delivery devices are segmented into nasal drops, powders, gels, and sprays. The topical drug delivery segment is segmented based on form into liquid, semi-solid, solid and transdermal. The transdermal topical drug delivery device includes transdermal patches and transdermal gels. The implantable drug delivery devices segment includes active and passive implantable drug delivery devices. The transmucosal drug delivery segment is sub segmented into oral transmucosal and others. The oral transmucosal segment includes products such as buccal and sunlingual drug delivery devices, while the others segment includes rectal transmucosal drug delivery and vaginal transmucosal drug delivery.

On the basis of end users the APAC drug delivery devices market is segmented into hospitals, over the counter, ambulatory surgery centers/clinics, home care settings, diagnostic centers, and others. The hospitals segment dominate the North America drug delivery devices market.

The major factors contributing to the growth of the APAC drug delivery devices market are rising prevalence of chronic diseases, growing geriatric population, increase in diagnosis, growth of biosimilars, new product launches, drug innovation, technological advancements, and decrease in the level of pain. On the other hand, factors such as side effects and injuries, infections, safety measures regarding the use of devices used for the administration of drug, patent expiry, product recall and patent cliff hampers the growth of the market.

Compotator

The major players covered in the report are Alcoa Corporation, Endurance Technologies Limited, Ryobi Limited, DyCast Specialties Corporation, Consolidated Metco, Inc., Alcast Technologies, Ningbo Beilun Create Mould Machine Co., Ltd, Leggett & Platt, Incorporated, Martinrea Honsel Germany GmbH, Gibbs, Dynacast, Reliance Foundry Co. Ltd., Toyota Industries Corporation, LA Aluminum, TPi Arcade, Drahtwerk Elisental W. Erdmann GmbH & Co., Wagstaff Inc., Ningbo Innovaw Mechanical CO.,LTD., Modern Aluminum Castings CO., INC. and Pacific Die Casting Corp.

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Global Asia Pacific (APAC) Drug Delivery Devices Market Size, Status and Forecast 2018 – 2025

1 Market Overview

2 Manufacturers Profiles

3  Global APAC Cancer Diagnostics  Sales, Revenue, Market Share and Competition by Manufacturer

4  Global APAC Cancer Diagnostics  Market Analysis by Regions

5 North America Global APAC Cancer Diagnostics by Countries

6 Europe Global Asia Pacific (APAC) Drug Delivery Devices by Countries

7 Asia-Pacific Asia Pacific (APAC) Drug Delivery Devices by Countries

8 South America Global Asia Pacific (APAC) Drug Delivery Devices Diagnostics  by Countries

9 Middle East and Africa Global Asia Pacific (APAC) Drug Delivery Devices Diagnostics  by Countries

10  APAC Cancer Diagnostics  Market Segment by Type

11  Global Asia Pacific (APAC) Drug Delivery Devices Market Segment by Application

12 Global APAC Cancer Diagnostics  Market Forecast

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendixes

Based on geography the market is segmented into 7 countries, China, India, Japan, South Korea, Singapore, Australia and rest of APAC. Japan is expected to dominate the market, while China and India are expected to be the growing with highest CAGR in the forecast period.

The report also includes company share analysis for the major companies operating in this market by countries. The details of mergers & acquisitions, product launches, expansions, and product life cycle matrix is also a part of this report. Some of the players in the market Bayer AG, Johnson & Johnson Services, Inc., Novartis AG, Pfizer, Inc., F. Hoffmann-La Roche AG, GlaxoSmithKline plc. , Merck & Co., Sanofi, Antares Pharma, and 3M.

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Reasons to Purchase this Report

·         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

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·         Amyotrophic Lateral Sclerosis (ALS) Market

·         Antifungal Drugs Market

·         Cutaneous Lupus Erythematosus Market

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Transdermal Drug Delivery System Market Outline, Surge and Forecast to 2024

Global Transdermal Drug Delivery System market 2019 report profit smartly substantial competitor info, investigation, and tips to invent effective RD plans and identify emerging players with the potentially robust solution portfolio and make effective Transdermal Drug Delivery System counter-strategies to acquire a competitive edge. The report explains potential new customers or spouses at the target market, develop tactical efforts by understanding the attention Transdermal Drug Delivery System aspects of leading businesses, plan mergers and acquisitions effortlessly by pinpointing key players.

Global Transdermal Drug Delivery System market report announced the industry principles: definitions, classes, market and applications review; commodity specifications; procedures; cost arrangements, garbage and so forth.

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Transdermal Drug Delivery System market Segmentations:

Major Important Players are analyzed from the Global Transdermal Drug Delivery System Industry Report:

Biogel Technology Inc., Johnson & Johnson, Boehringer Ingelheim GmbH, Skyepharma PLC, Echo Therapeutics Inc, Watson Pharmaceuticals Inc, Transdermal Corp, Noven Pharmaceuticals Inc, Novartis AG, Mylan Pharmaceuticals Inc, 4P Therapeutics LLC, Transdermal Technologies Inc., 3M Company

Segmentation by type:

Electroporation

Radiofrequency

Iontophoresis

Microporation

Other

Segmentation by End Users/Applications:

Central Nervous System (CNS)

Pain Management

Cardiovascular

Other

Leading Regions: North America, Europe, China, Japan, The Middle East & Africa, India, South America, Others

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Global Transdermal Drug Delivery System market report stipulates the dominant region, requirements with the product types, profit, capacity, production, distribution, market and demand growth speed, and prediction, etc. Transdermal Drug Delivery System report additionally current SWOT analysis, investment feasibility analysis, and investment yield analysis.

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[kdmarketresearch]

U.S. Next Generation Diabetes Therapy and Drug Delivery Market – Top players Abbott Laboratories,Echo Therapeutics, Inc.,F. Hoffmann-La Roche Ltd, GlySens Incorporated, Medtronic Plc, Sanofi, Novo Nordisk, MannKind Corporation, Dexcom, Inc, Senseonics Holding, Inc.

KD Market research has presented a detailed report on  “U.S. Next Generation Diabetes Therapy and Drug Delivery Market ” which includes the major application, advantages, and key market trends that are fostering the growth of the market during the forecasted span of 6 years. The research takes a step forward and analyzes the key competitors and global regions that are holding the market share of U.S. Next Generation Diabetes Therapy and Drug Delivery Market  in terms of revenue.

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The U.S. next generation diabetes therapy and drug delivery market was valued at $446 million in 2015, and is estimated to reach $6,510 million by 2023, registering a CAGR of 33.0% from 2017 to 2023. Next generation diabetes therapy and drug delivery devices are used to accurately check the blood glucose levels and deliver insulin into the body. Next generation diabetes drug delivery systems such as oral and inhalable insulin help to introduce insulin into the patient?s body without causing pain and also reduces the risk of skin irritation due to frequent use of needles.

The U.S. next generation diabetes therapy and drug delivery market is segmented based on product type, demographic, end user, and region. The product type segment includes inhalable insulin, oral insulin, insulin patch, continuous glucose monitoring systems (CGMS), and artificial pancreas. Based on demographic, the market is bifurcated into adult population (>14years) and child population (=14years). Based on indication, the market is divided into diabetes I and II. Based on end user, the market is categorized into diagnostics/clinic, ICU, and home healthcare.

Rise in the number of diabetic cases and the benefits of using these advanced devices over conventional products boost the market growth. The well-established healthcare infrastructure and high R&D activities for the advancement in diabetes therapeutic technology are expected to provide opportunities for market growth. However, less variability in products and cost restraints among low and middle-income population are expected to hinder the market growth. Development of affordable products with fewer side effects and presence of undiagnosed diabetic patients in the U.S. are projected to help to open new doors for the growth of the next generation diabetes therapy and drug delivery market.

KEY MARKET BENEFITS This report offers a detailed quantitative analysis of the current market trends from 2014 to 2023 to identify the prevailing opportunities. The market estimations provided are based on comprehensive analysis of the key developments in the industry. The U.S. next generation diabetes therapy and drug delivery market is comprehensively analyzed with respect to product type, demographics, indications, and end user. The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.

KEY MARKET SEGMENTS

By Product Type Inhalable Insulin Oral Insulin Insulin Patch CGM System Artificial Pancreas

By Demographic Adult Population (>14 years) Child Population (=14 years)

By End User Diagnostics/Clinic ICU Home Healthcare

KEY PLAYERS PROFILED Abbott Laboratories Echo Therapeutics, Inc. F. Hoffmann-La Roche Ltd. GlySens Incorporated Medtronic Plc Sanofi Novo Nordisk MannKind Corporation Dexcom, Inc. Senseonics Holding, Inc.

The other players of the catheters market include (companies not profiled in the report): Synertech Zosano Pharma Corp. Relmada Therapeutics, Inc. Eli Lilly and Company Enteris BioPharma Transdermal Specialties Inc

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Table of content

CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION 1.2. KEY BENEFITS 1.3. KEY MARKET SEGMENTS 1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research 1.4.2. Primary research 1.4.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. KEY BENEFITS

3.1.1. Top investment pockets 3.1.2. Top winning strategies

3.2. PATENT ANALYSIS

3.2.1. Patent analysis by year 3.2.2. Patent analysis by product

3.3. GOVERNMENT REGULATIONS

3.3.1. U.S. FDA

3.4. REIMBURSEMENT POLICIES 3.5. INNOVATIONS IN NEXT GENERATION DIABETES THERAPY AND DRUG DELIVERY MARKET

3.5.1. Smart contact lenses for glucose monitoring 3.5.2. iLet bihormonal bionic pancreas 3.5.3. Glucose nanosensors 3.5.4. Beta cell replacement therapy 3.5.5. Glucose-responsive insulin-producing cells

3.6. MARKET DYNAMICS

3.6.1. Drivers

3.6.1.1. Rise in incidence of diabetes 3.6.1.2. Rise in healthcare expenditure & disposable income 3.6.1.3. Benefits of using next generation diabetes products over conventional products

3.6.2. Restraints

3.6.2.1. Cost restrains 3.6.2.2. Lack of awareness 3.6.2.3. Less variability in products

3.6.3. Opportunities

3.6.3.1. Developing products with fewer side effects at affordable costs 3.6.3.2. High undiagnosed diabetic patient population

CHAPTER 4 NEXT GENERATION DIABETES THERAPY AND DRUG DELIVERY MARKET, BY PRODUCT

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. INHALABLE INSULIN

4.2.1. Key market trends 4.2.2. Key growth factors and opportunities 4.2.3. Market size and forecast

4.3. ORAL INSULIN

4.3.1. Key market trends 4.3.2. Key growth factors and opportunities 4.3.3. Market size and forecast

4.4. INSULIN PATCHES

4.4.1. Key market trends 4.4.2. Key growth factors and opportunities 4.4.3. Market size and forecast

4.5. CGMS

4.5.1. Key market trends 4.5.2. Key growth factors and opportunities 4.5.3. Market size and forecast

4.6. ARTIFICIAL PANCREAS

4.6.1. Key market trends 4.6.2. Key growth factors and opportunities 4.6.3. Market size and forecast

CHAPTER 5 NEXT GENERATION DIABETES THERAPY AND DRUG DELIVERY MARKET, BY DEMOGRAPHICS

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. ADULT POPULATION (>14YEARS)

5.2.1. Market size and forecast

5.3. CHILD POPULATION (14YEARS)

5.3.1. Market size and forecast

CHAPTER 6 NEXT GENERATION DIABETES THERAPY AND DRUG DELIVERY MARKET, BY INDICATION

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. TYPE I DIABETES

6.2.1. Market size and forecast

6.3. TYPE II DIABETES

6.3.1. Market size and forecast

CHAPTER 7 NEXT GENERATION DIABETES THERAPY AND DRUG DELIVERY MARKET, BY END USER

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. DIAGNOSTICS/CLINICS

7.2.1. Market size and forecast

7.3. INTENSIVE CARE UNITS (ICU)

7.3.1. Market size and forecast

7.4. HOME HEALTHCARE

7.4.1. Market size and forecast

CHAPTER 8 COMPANY PROFILES

8.1. ABBOTT LABORATORIES

8.1.1. Company overview 8.1.2. Company snapshot 8.1.3. Operating business segments 8.1.4. Product portfolio 8.1.5. Business performance 8.1.6. Key strategic moves and developments

8.2. DEXCOM, INC.

8.2.1. Company overview 8.2.2. Company snapshot 8.2.3. Product portfolio 8.2.4. Business performance 8.2.5. Key strategic moves and developments

8.3. ECHO THERAPEUTICS, INC.

8.3.1. Company overview 8.3.2. Company snapshot 8.3.3. Operating business segments 8.3.4. Product portfolio

8.4. F. HOFFMANN-LA ROCHE LTD.

8.4.1. Company overview 8.4.2. Company snapshot 8.4.3. Operating business segments 8.4.4. Product portfolio 8.4.5. Business performance 8.4.6. Key strategic moves and developments

8.5. GLYSENS INCORPORATED

8.5.1. Company overview 8.5.2. Company snapshot 8.5.3. Product portfolio 8.5.4. Key strategic moves and developments

8.6. MANNKIND CORPORATION

8.6.1. Company overview 8.6.2. Company snapshot 8.6.3. Operating business segments 8.6.4. Product portfolio 8.6.5. Business performance

8.7. MEDTRONIC PLC.

8.7.1. Company overview 8.7.2. Company snapshot 8.7.3. Operating business segments 8.7.4. Product portfolio 8.7.5. Business performance 8.7.6. Key strategic moves and developments

8.8. NOVO NORDISK A/S

8.8.1. Company overview 8.8.2. Company snapshot 8.8.3. Operating business segments 8.8.4. Product portfolio 8.8.5. Business performance

8.9. SANOFI

8.9.1. Company overview 8.9.2. Company snapshot 8.9.3. Operating business segments 8.9.4. Product portfolio 8.9.5. Business performance 8.9.6. Key strategic moves and developments

8.10. SENSEONICS HOLDINGS, INC.

8.10.1. Company overview 8.10.2. Company snapshot 8.10.3. Operating business segments 8.10.4. Product portfolio 8.10.5. Business performance 8.10.6. Key strategic moves and developments

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Thin Film Drug Manufacturing Market Key Manufacturers, Development Trends And Competitive Analysis 2024

Global Thin Film Drug Manufacturing Market: Snapshot

The thin film drugs were recorded with high market acceptance due to its ease of application and high effectiveness. Moreover, developed economies such as the U.S. and countries in Europe recorded significant sale of thin film drugs. Thin film drugs achieve the desired therapeutic results. Therefore, they have gained attention in the market as a potential treatment option. According to the research report, the global thin film drug manufacturing market is expected to be worth US$15,984.3 mn by the end of 2024 from US$7,337.8 mn in 2015. During the forecast years of 2016 and 2024, the global market is projected to exhibit a CAGR of 9.0%.

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Demand for thin film drugs is increasing globally, leading to considerable research and development activities in the segment. The Journal of Controlled Release 2015 stated the market for oral thin film products exists with around 10 prescription products and around 29 such thin film products under clinical trials. Thus, the thin film drug manufacturing market is anticipated to expand considerably during the forecast period.

Oral Thin Films to Remain Popular due to Ease of Handling

On the basis of product type, the global thin film drug manufacturing market is segmented into oral thin film, transdermal thin film, and others such as ocular thin film among others. The report indicates that the oral thin film segment will be the most promising one as it comes with maximum advantages. These films deliver drugs through the oral mucosa and are known for ease of transportation, skipping the hepatic first pass effect, convenience of handling, and quick onset of action. In light of these benefits, the oral thin film segment is likely to surge at a significant CAGR of 18.3% between 2016 and 2024. Soaring revenue of this segment is attributable to the growing number of clinical trials and higher number of prescription products. On the other hand, the transdermal thin film segment is also poised to emerge with a substantial share in the global market by the end of the forecast period.

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North America Emerges as Leading Regional Market

By geography, global thin film drug manufacturing market has been segmented into North America, Europe, Asia Pacific, Latin America, the and Middle East and Africa. In 2016, North America and Europe accounted for the largest share of the thin film drug manufacturing market. The U.S. dominated the thin film drug manufacturing market in North America, accounting for around 85.3% share in 2016. This dominance is majorly due factors such technological advancements in pharmaceutical research with rising demand of novel drug delivery. The extensive investments in research and development are also likely to benefit the regional market. However, Europe is saturated and growing at slow steady rate while Asia Pacific is anticipated to witness the fast growth during the forecast period with major contribution of countries such as India, Japan and China. New product launches with broaden applications, favorable regulations, and growing awareness are likely to drive the market in Asia Pacific during the forecast period.

Some of the key players in the global thin film drug manufacturing market are Pfizer, Inc., Novartis AG, Wolters Kluwer, Solvay, Allergan plc. Sumitomo Dainippon Pharma Co., Ltd., IntelGenx Corp. The global thin film drug manufacturing market is dominated only by few players, which makes the competitive landscape highly consolidated.

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About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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