DUBLIN--(BUSINESS WIRE)--The "Transdermal Drug Delivery Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering.
Global transdermal drug delivery market reached USD 4,200.3 Million in 2016 and is expected to reach USD 7,358.0 Million by the end of 2024, expanding at a CAGR of 7.5% over the forecast period i.e. 2017-2024. Factors such as growing pharmaceutical industry, increasing global population, rising number of chronic patients are likely to aid the growth of transdermal drug delivery market.
North America is slated to account for a leading share of 33.7% in the terms of revenue by 2024 in the transdermal drug delivery market. The growth in the region is anticipated to be fostered by the high spending on healthcare in the region. Besides, high adoption rate of advance technologies is also expected to impel the growth of transdermal drug delivery market in the North America region. U.S. is the prominent market in the region.
Europe market is expected to expand at a CAGR of 6.6% during the forecast period i.e. 2017-2024. Further, U.K. & Germany are the major contributor to the growth of transdermal drug delivery market.
Global transdermal drug delivery market is segmented on the basis of application into cardiovascular, CNS, pain management, dermatology and others. Cardiovascular transdermal drug delivery (23.5% share in 2016) occupies the largest market of transdermal drug delivery across the globe. Further, global cardiovascular transdermal drug delivery market is anticipated to reach USD 1,911.3 Million by the end of 2024 from USD 987.2 Million in 2016.
Companies Mentioned
- Antares Pharma
- Bayer AG
- ANI Pharmaceuticals
- Novartis AG
- Janssen Pharmaceuticals
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Risk Analysis
4. Top Countries with Highest demand for Transdermal Drug Delivery - By Region
5. Global Transdermal Drug Delivery Market Size (USD Million) and Forecast, 2016-2024
6. Market Dynamics & Its Impact Analysis
7. Global Market Segmentation Analysis
8. Porter's Five Force Model Analysis
9. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/jb9vh9/global?w=4