Transdermal Skin Patches Market Size 2022: Industry Share, Growth, Analysis, Report, Top Companies and Forecast

Market Overview : 

The global transdermal skin patches market size reached a value of US$ 7.22 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 9.57 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Transdermal skin patches are medicated adhesive patches placed on the skin to deliver an accurate dosage of medications. The patches administer medication through the diffusion technique, which gets released into the bloodstream over a long period of time. Transdermal skin patches consist of backings, drugs, membranes, adhesives, liners, chemical enhancers and permeators, physical aids, and low electrical current like iontophoresis. They are used as smoking reduction and cessation aid to relieve pain, overactive bladder, hormonal therapy, Alzheimer’s, HIV, osteoporosis, and cardiac disorders. Transdermal skin patches are available in single-layer and multi-layer drug-in-adhesive forms, which find application across cosmetic, topical, and transdermal delivery systems.

Transdermal Skin Patches Market Trends and Drivers:

The global transdermal skin patches market is primarily driven by the increasing demand for non-invasive medication over oral and ingesting medicines that causes gastrointestinal toxicity, nausea, and vomiting. The associated benefits of transdermal drug delivery, such as reducing inconvenience caused by intravenous or parenteral therapies, are also propelling their demand worldwide.

In addition, the growing prevalence of individuals suffering from ailments, such as cardiac and hormonal disorders, Parkinson’s disease, osteoporosis, and restless leg syndrome, is fueling the market growth.

Furthermore, research and development (R&D) activities have introduced pressure-sensitive adhesives and permeation enhancers, resulting in increased product diffusion and enhanced drug retention ability. These factors are expected to influence market growth in the upcoming years.

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Transdermal Skin Patches Market Report Scope
Report Coverage Details
Market size value in 2021 US$ 7.22 Billion
Market forecast in 2027 US$ 9.57 Billion
Growth Rate CAGR of 4.50% from 2022 to 2027
Base year for estimation 2021
Historical data 2016-2021
Forecast period 2022-2027
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered type, distribution channel and application
Regional scope North America, Europe, Asia-Pacific, Europe, Latin America, Middle East and Africa
Key companies profiled 3M Company, AdhexPharma, LTS Lohmann Therapie-Systeme AG, Luye Pharma Group?, Medherant Limited, Nitto Denko Corporation, Noven Pharmaceuticals Inc. (Hisamitsu Pharmaceutical Co. Inc.), Prosolus Inc., Samyang Holdings Corporation, Tapemark, Teikoku Pharma USA Inc. (Teikoku Seiyaku Co. Ltd), tesa SE (Beiersdorf AG) and Teva Pharmaceutical Industries Ltd
Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Global Transdermal Skin Patches Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these major key players include:

  • 3M Company,
  • AdhexPharma,
  • LTS Lohmann Therapie-Systeme AG,
  • Luye Pharma Group?,
  • Medherant Limited,
  • Nitto Denko Corporation,
  • Noven Pharmaceuticals Inc. (Hisamitsu Pharmaceutical Co. Inc.),
  • Prosolus Inc.,
  • Samyang Holdings Corporation,
  • Tapemark, Teikoku Pharma USA Inc. (Teikoku Seiyaku Co. Ltd),
  • tesa SE (Beiersdorf AG)
  • Teva Pharmaceutical Industries Ltd

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The report has segmented the market on the basis of region, type, distribution channel and application.

Breakup by Type:

  • Single-layer Drug-in-Adhesive
  • Multi-layer Drug-in-Adhesive
  • Matrix
  • Others

Breakup by Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Stores

Breakup by Application:

  • Pain Relief
  • Smoking Reduction and Cessation Aid
  • Overactive Bladder
  • Hormonal Therapy
  • Others

 Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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Elena

Elena has been working in the market research industry for a while, wherein she has gained expertise knowledge and skills in creating tailored content based on client’s demands. Using her effective market research, writing, editing and proofreading skills, she has developed different forms of content, including reports, which has been published on the company’s website.
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