Global Nicotine Patch Market 2019-2023 | Benefits of Using Nicotine Patches to Boost Growth | Technavio

LONDON--()--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.

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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

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The global nicotine patch market size will grow by USD 229.07 million during 2019-2023.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/