DUBLIN--(BUSINESS WIRE)--The "Thin Film Drugs Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
The thin film drug market studied was projected to grow with a CAGR of nearly 9.3% over the forecast period.
Companies Mentioned
- ZIM Laboratories Limited
- Aquestive Therapeutics
- Indivior PLC
- Tesa Labtec GmbH
- Pfizer, Inc.
- ARx, LLC.
- Solvay
- AdhexPharma
- INTELGENX CORP
Key Market Trends
Oral Thin Film Drugs Segment Holds the Major Share Followed by Transdermal Thin Film
- Oral thin film drugs are placed on a patient's oral mucosal tissue or tongue, which gets wet by saliva and swiftly hydrates and adheres to the site of application. This degenerates within a few seconds to promote oromucosal absorption. These drugs present high therapeutic index with good physical properties such as sharper disintegration and dissolution. Furthermore, the oral thin film drug delivery system lets to bypass the first pass metabolism and ensures higher bioavailability.
- Demand for oral thin film drugs has been growing across the world due to technological advancements in these products. Many research and development programs are being conducted to improve the segment of drug delivery.
- The major factors boosting the segment are increasing demand for these efficient ways of drug delivery and increasing funding for pharmaceutical research.
North America Dominates the Market and Expected to do Same in the Forecast Period
North America is expected to dominate the overall thin film drug market, throughout the forecast period. The market growth is due to the factors such as the presence of key players, advanced technologies used in the pharmaceutical research and development for the discovery of novel drug delivery technique. Furthermore, rising demand for efficient drug delivery routes and its adequacy in the region would further drive the thin film drug market in the future. Moreover, beneficial government initiatives and an increase in the number of research partnerships are some of the drivers expected to increase the market growth.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Demand for Effective Drug Delivery Systems
4.2.2 Increasing Investments for Pharmaceutical Developments
4.3 Market Restraints
4.3.1 Availability of Substitute Drugs
4.4 Porter's Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Oral Thin Film
5.1.2 Transdermal Thin Film
5.2 By Indication
5.2.1 Schizophrenia
5.2.2 Migraine
5.2.3 Opioid Dependence
5.2.4 Others
5.3 Geography
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/twce3e
