LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global nicotine patch market and it is poised to grow by $ 229.07 mn during 2019-2023, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Dr. Reddy’s Laboratories Ltd., GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Novartis AG, and Perrigo Company plc, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Benefits of using nicotine patches has been instrumental in driving the growth of the market.
Global Nicotine Patch Market 2019-2023 : Segmentation
Global Nicotine Patch Market is segmented as below:
-
Product
- 24-hour Nicotine Patch
- 16-hour Nicotine Patch
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Global Nicotine Patch Market 2019-2023 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our global nicotine patch market report covers the following areas:
- Global Nicotine Patch Market Size
- Global Nicotine Patch Market Trends
- Global Nicotine Patch Market Industry Analysis
This study identifies technological innovations in transdermal drug delivery process as one of the prime reasons driving the global nicotine patch market growth during the next few years.
Global Nicotine Patch Market 2019-2023 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the global nicotine patch market, including some of the vendors such as Dr. Reddy’s Laboratories Ltd., GlaxoSmithKline plc., Johnson & Johnson Services, Inc., Novartis AG, and Perrigo Company plc. Backed with competitive intelligence and benchmarking, our research reports on the global nicotine patch market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Global Nicotine Patch Market 2019-2023 : Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist global nicotine patch market growth during the next five years
- Estimation of the global nicotine patch market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the global nicotine patch market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of global nicotine patch market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- 24-hour nicotine patch - Market size and forecast 2018-2023
- 16-hour nicotine patch - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Online retailing
- Rising number of promotional campaigns and activities for smoking cessation aids
- Technological innovations in transdermal drug delivery process
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Dr. Reddy’s Laboratories Ltd.
- GlaxoSmithKline plc.
- Johnson & Johnson Services, Inc.
- Novartis AG
- Perrigo Company plc
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO
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