NEW YORK, May 5, 2020 /PRNewswire/ -- The transdermal drug delivery system market was valued at US$ 6,063.85 million in 2019 and is projected to reach US$ 8,415.04 million by 2027; it is expected to grow at a CAGR of 4.3% during 2020-2027. The growth of the transdermal drug delivery system market is mainly attributed to factors such as the increasing prevalence of chronic diseases, growing demand for non-invasive drug delivery devices, and high demand for self-administration of drugs. However, high cost involved in development of drug delivery systems along with drug failure and recalls of transdermal drug delivery systems are likely to restraint the growth of the market during the forecast years.
Read the full report: https://www.reportlinker.com/p05908673/?utm_source=PRN
Transdermal drug delivery systems are devices containing drug of defined surface area that delivers a pre-determined amount of drug to the surface of intact skin at a pre-predefined rate.The skin as a route for systemic drug administration has become very attractive since the introduction of transdermal therapeutic systems in the form of patches.
The discovery of transdermal drug delivery systems (TDDS) is breakthrough in the field of controlled drug delivery system.Transdermal dosage forms, as an alternative to the conventional dosage form are becoming very popular because of their unique advantages.
Like controlled zero ordered absorption, simple mode of administration and having option to terminate the action in case of adverse effect.So the TDDS makes them desirable for the treatment of chronic diseases where long term treatment is necessary.
According to the Centers for Disease Control and Prevention (CDC) in the 2019, almost 6 in 10 people in the US suffer from at least one chronic disease and 4 in 10 people have two or more chronic diseases.
Cardiovascular (CV) diseases such as atherosclerosis, angina pectoris, and acute myocardial infarction are the major cause of mortality in the whole world owing to the present day hectic lifestyle. As per the data provided by WHO, cardiovascular diseases (CVDs) are the number one cause of death globally, taking an estimated 17.9 million lives each year. Many medications are commercially available for their treatment but the conventional tablets and capsules are unable to cope up with these situations. This augments the use of novel drug delivery systems providing targeted drug delivery and prolonged drug residence to the affected areas of the cardiovascular system. Novel drug delivery systems started with the platform application involving the introduction of transdermal patches, containing drug particles, were applied on skin. They are believed to offer many advantages over conventional oral therapies. Moreover, sizeable number of anti-hypertensive is undergoing extensive first-pass metabolism, which can be avoided by transdermal therapy. Hence, the adoption of transdermal drug delivery systems is likely to experience rapid adoption, which in turn is propelling the market growth.
Based on type, the transdermal drug delivery system market is segmented into transdermal patches and transdermal semisolids.The transdermal patch segment is further sub segmented into drug-in-adhesive patches, matrix patches, reservoir membrane patches, and micro needle patches.
The transdermal semisolids segment is further sub segmented into gels, ointments and sprays.The transdermal patches segment held the largest share of the market in 2019.
Also, transdermal patches is estimated to register the highest CAGR in the market during the forecast period.
Based on application, the market is segmented into pain management, central nervous system disorders, hormonal applications, cardiovascular diseases, and other applications.The hormonal applications segment is further sub segmented into transdermal estrogen therapy and testosterone replacement.
The pain management segment held the largest share of the market in 2019; however, pain management segment is estimated to register the highest CAGR in the market during the forecast period.
Based on end user, the global transdermal drug delivery system market is segmented into hospitals and clinics, home care settings, and others. The hospitals and clinics segment held the highest share of the market in 2019; whereas, the home care settings segment is estimated to register the highest CAGR in the market during the forecast period.
The World Health Organization (WHO), Food and Drug Administration (FDA), NHS (National Health Service), and Centers for Disease Control and Prevention are some of the major primary and secondary sources referred for preparing this report.
Read the full report: https://www.reportlinker.com/p05908673/?utm_source=PRN
About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________ Contact Clare: [emailprotected] US: (339)-368-6001 Intl: +1 339-368-6001
SOURCE Reportlinker
Originally posted here:
Transdermal Drug Delivery System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type ; Application ; End User ; and Geography -...
- European Medicines Agency Reviews Testosterone Drugs over Heart Risks [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Louisiana Testim Testosterone Gel Wrongful Death Lawsuit [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Reclaim Your Energy and Sex Drive | Testosterone ... [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Replacement Therapy - Testosterone Treatment [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone therapy: Key to male vitality? - Mayo Clinic [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Side Effects from Testosterone Replacement ... [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Natural Testosterone Replacement | eHow - eHow | How to ... [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- WebMD: Erectile Dysfunction: Testosterone Replacement Therapy [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Replacement Therapy: Testosterone Injections ... [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Replacement Drugs | Testosterone Replacement Side Effects | Testosterone Lawsuit - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Replacement Therapy - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Replacement Theraphy - Testicular Cancer Canada Patient Symposium 2014 - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Testosterone Replacement | My Husband is Grumpy - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 16th, 2014]
- Androgel Testosterone Injury Federal Consolidation [Last Updated On: August 18th, 2024] [Originally Added On: April 17th, 2014]
- My STRENGTH GAINS On Testosterone Replacement Therapy (2 Year Progression) - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 24th, 2014]
- Testosterone Replacement Therapy San Diego | Total T Clinic | 858-519-5509 - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 25th, 2014]
- Testosterone Replacement Therapy | Total T Clinic | 858-519-5509 - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 25th, 2014]
- Low Testosterone Claims: Options in a Growing Class Action Suit - Video [Last Updated On: August 18th, 2024] [Originally Added On: April 25th, 2014]
- My Weight Gain & Snoring On Testosterone Replacement Therapy - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 1st, 2014]
- My Weight Gain & Snoring On Testosterone (TRT) - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 1st, 2014]
- Viewer Mail - Testosterone Replacement Therapy/TRT Not Natty, Balls Busted, etc. - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 3rd, 2014]
- Testosterone Replacement, San Diego Anti-Aging Phys George Weiss, MD - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 5th, 2014]
- testosterone replacement - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 7th, 2014]
- Seen At 11: Testosterone Replacement Therapy Could Come With Serious Side Effects - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 11th, 2014]
- Can You Get FAT On Testosterone Replacement Therapy? - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 16th, 2014]
- Dan Henderson Responds to TRT Ban in Nevada - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 17th, 2014]
- Exploring the facts about testosterone replacement therapies - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 24th, 2014]
- Hypogonadism and Testosterone Replacement in Men with HIV - Video [Last Updated On: August 18th, 2024] [Originally Added On: May 31st, 2014]
- ROID RAGE On Testosterone Replacement Therapy! Is It Real? - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 1st, 2014]
- Testosterone Replacement Headlines: Can They Be Trusted? - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 4th, 2014]
- 1513 Hormone Replacement Therapy for Men - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 15th, 2014]
- Boston Testosterone Replacement Therapy Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 27th, 2014]
- Atlanta Testosterone Replacement Therapy Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 27th, 2014]
- Testosterone Therapy Causing Blood Clots And Health Concerns? - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 29th, 2014]
- Tampa Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 30th, 2014]
- Austin Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 30th, 2014]
- Los Angeles Testosterone Replacement Therapy - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 30th, 2014]
- Fort Lauderdale Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 30th, 2014]
- Pittsburgh Testosterone Replacement Therapy Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: June 30th, 2014]
- Miami Testosterone Replacement Therapy Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 1st, 2014]
- Boca Raton Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 2nd, 2014]
- West Palm Beach Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 3rd, 2014]
- New Orleans Testosterone Replacement - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 3rd, 2014]
- 2 Years On TESTOSTERONE REPLACEMENT THERAPY - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 4th, 2014]
- Gainesville Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 4th, 2014]
- Philadelphia Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 4th, 2014]
- Virginia Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 4th, 2014]
- Tallahassee Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 4th, 2014]
- Sustanon - testosterone replacement therapy lies - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 4th, 2014]
- Houston Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 5th, 2014]
- Irvine Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 5th, 2014]
- Arizona Testosterone Replacement Therapy - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 5th, 2014]
- Bay Area Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- San Jose Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Connecticut Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Dallas Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Charlotte Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Denver Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Maryland Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Fort Myers Testosterone Replacement Clinics - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 6th, 2014]
- Myths of Testosterone Replacement for Women, Part 1 - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 9th, 2014]
- Testosterone Replacement Therapy in Bangkok - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 9th, 2014]
- Testosterone Lawsuit | AndroGel, Testim, Axiron, Bio-T-Gel - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 11th, 2014]
- Myths of Testosterone Replacement for Women, Part 2 - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 16th, 2014]
- Testosterone Cypionate - doctor prescribed TRT therapy - LIES - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 20th, 2014]
- Myths of Testosterone Replacement for Women, Part 3 - Video [Last Updated On: August 18th, 2024] [Originally Added On: July 25th, 2014]
- Testosterone Replacement Products - Save 20% With Coupon Code abcb805620 - Video [Last Updated On: August 18th, 2024] [Originally Added On: August 10th, 2014]
- What NOT to Expect On TESTOSTERONE REPLACEMENT THERAPY - Video [Last Updated On: August 18th, 2024] [Originally Added On: August 27th, 2014]
- How Much Does Testosterone Replacement Therapy Cost Me? - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 1st, 2014]
- I CAN'T GET HARD & I'm On Testosterone Replacement Therapy! WTF? - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 9th, 2014]
- Heart of the Matter #103: Testosterone Replacement & Heart Risk - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 12th, 2014]
- Testosterone Replacement Therapy | AAG HealthGAINS - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 13th, 2014]
- My Recent MONSTER BLOOD DRAW & How You Can Get Yours! | Testosterone Replacement Therapy - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 13th, 2014]
- Testosterone Replacement Therapy Side Effects - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 17th, 2014]
- Date Night with Jessie! CELEBRATING 10k Subs! | Vlog - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 19th, 2014]
- Testosterone Replacement Therapy | Dr. Richard Gaines - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 20th, 2014]
- Doc Won't Put Me On Testosterone Replacement Therapy! SHOULD I TREAT MYSELF ILLEGALY?| Ask Noah #1 - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 20th, 2014]
- Testosterone Replacement Therapy (TRT) Update - New Test Results - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 28th, 2014]
- Me INJECTING TESTOSTERONE | The Complete Process (including mistakes) - Video [Last Updated On: August 18th, 2024] [Originally Added On: September 28th, 2014]
- Still Making STRENGTH GAINS On Testosterone Replacement Therapy - Video [Last Updated On: August 18th, 2024] [Originally Added On: October 1st, 2014]