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    Transdermal Skin Patches Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis

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    Jan 2024
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    Global Transdermal Skin Patches Market Outlook

    Global Transdermal Skin Patches Market is predicted to reach at US$ 9.90 Billion by 2030, according to Renub Research. Transdermal skin patches are medical delivery systems that adhere to the pores and skin, liberating medication by using the pores and skin and into the bloodstream. These patches provide a non-invasive and managed technique of drug management, steadily releasing healing substances over a selected period. The pores and skin serve as a permeable barrier, permitting tablets to bypass the digestive device, leading to more constant and sustained drug level. Transdermal patches are generally used for ache management, hormone replacement therapy, and nicotine delivery for smoking cessation. Their convenience, reduces side effects, and avoidance of gastrointestinal breakdown contribute to their popularity as an effective and patient-friendly drug delivery method.

    Moreover, transdermal skin patches play a vital role in healthcare by presenting a handy and managed approach of drug delivery. By adhering to the pores and skin, those patches permit medicinal tablets to permeate via and enter the bloodstream, ensuring a slow and sustained release of recovery substances. This method bypasses the digestive device, enhancing bioavailability and reducing capacity facet effects. Transdermal patches are valuable for drug treatments requiring steady stages through the years, consisting of hormone treatment plans and pain management. Their ease of use minimized patient burden and improved adherence contribute to the significance of transdermal skin patches in improving the effectiveness of the affected person enjoyment of numerous clinical treatments.


    Global transdermal skin patches market is expected to grow at a CAGR of 3.48% from 2024 to 2030

    Chronic illnesses, a pervasive international health subject responsible for approximately 73% of global deaths, according to the World Health Organization, are driving improvements in drug delivery techniques. The upward push of effective and consumer-friendly transdermal skin patches is transforming therapy strategies. These patches, present controlled and sustained drug launches, enhance compliance and efficacy. A growing preference for non-invasive drug delivery, selected for its reduced soreness and side effects compared to traditional strategies, also contributes to recognizing transdermal patches. Expanding past their authentic applications, those patches are utilized in numerous therapeutic regions and cardiovascular, neurological, and hormonal problems, marking a substantial evolution in healthcare delivery techniques.

    Further, a burgeoning trend in personalized medicine aligns with the suitability of transdermal skin patches, supplying tailor-made formulations to optimize drug shipping for individual patient needs. This technique allows clinicians to enhance remedy consequences through custom-designed patch formulations. Advancements in smart patches, integrating digital components to display health parameters and modify drug delivery, mark a progressive improvement in chronic disease management. These smart patches maintain the potential to provide real-time feedback and personalized changes, remodeling the landscape of customized healthcare. Also, microneedle patches, designed for beneficial drug penetration and absorption, present a leap forward for capsules with poor bioavailability through conventional transdermal patches, similarly increasing the scope and efficacy of transdermal drug delivery. Consequently, the Global Transdermal Skin Patches Market was worth US$ 7.79 Billion in 2023.

    Likewise, the rapid population boom and escalating chronic diseases in rising economies propel the demand for transdermal patches. In China, the largest Asian market, domestic and international manufacturers benefit from a growing financial system and elevated healthcare spending. Japan prioritizes research and improvement, focusing on customized medication and innovative patch technology in its well-set-up healthcare infrastructure. India, experiencing fast growth, attributes it to a big population, elevated chronic diseases, and improved healthcare affordability, prompting more investments in transdermal patch manufacturing. As an innovation leader, South Korea features advanced transdermal patch technology sponsored by authority initiatives that are actively driving their adoption.


    Matrix-type transdermal skin patch is experiencing a substantial boom worldwide because of its effectiveness in drug release management

    By type, the Global Transdermal Skin Patches Market is fragmented into Matrix, Reservoir, Drug-in-Adhesive, and Other Types. Matrix patches consist of a polymer matrix containing the drug, which allows for a regular and sustained release over a prolonged period. This method enhances patient compliance, reduces side effects, and guarantees a more predictable therapeutic outcome. The simplicity of the matrix layout, coupled with its versatility in accommodating various drug formulations, has contributed to its reputation. As a result, pharmaceutical companies increasingly choose matrix-type transdermal patches, driving their substantial increase in the international market.


    Pain relief applications dominate the global transdermal skin patches market due to the inherent benefits of this delivery method in addressing localized discomfort

    By application, the Global Transdermal Skin Patches Market is divided into Pain Relief, Smoking Reduction and Cessation Aids, Overactive Bladder, Hormonal Therapy, and Others. Transdermal patches for pain relief provide a focused and managed release of analgesic medicines immediately through the pores and skin, imparting efficient and consistent ache control. This method minimizes systemic side effects of oral medicinal drugs, offering a non-invasive and handy alternative. The ease of application and extended comfort make transdermal patches preferred for situations like continual pain, arthritis, and post-surgical recovery. The market dominance displays the efficacy, patient choice, and therapeutic advantages of transdermal patches in pain management.


    Online pharmacies are gaining a developing proportion in the worldwide transdermal skin patches market due to increased consumer convenience and accessibility

    By distribution channel, the Global Transdermal Skin Patches Market is categorized into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies. The digitalization of healthcare has facilitated easy online shopping, allowing clients to order transdermal patches from the comfort of their houses. This removes the need for physical visits to brick-and-mortar pharmacies. Moreover, online structures offer a broader product choice, targeted statistics, and frequently competitive pricing. The rising trend of e-commerce in the pharmaceutical zone and the continued shift towards virtual health solutions position online pharmacies as a good sized and convenient channel for purchasers seeking transdermal skin patches.


    United States is leading in the global transdermal skin patches market

    By country, the Global Augmented Reality (AR) Transdermal Skin Patches Market is categorized into United States, Canada, Mexico, Brazil, United Kingdom, Germany, France, Italy, Spain, Netherlands, China, Japan, India, South Korea, Australia, South Africa, and the United Arab Emirates. The U.S. leads the worldwide transdermal skin patches market because of robust healthcare infrastructure, technological innovation, and an excessive incidence of chronic sicknesses. The nation's early adoption of advanced patch technology, favorable regulatory environment, and significant investments in research and development contribute to its dominance. The convenience of transdermal patches aligns with the non-invasive technique searched for long-term medication adherence in situations like aches, diabetes, and hypertension. The presence of fundamental patch producers and 3M, Johnson & Johnson, and Mylan further strengthens the U.S.'s market position. Industry associations like the Transdermal Drug Delivery Consortium promote awareness and adoption of transdermal patches in U.S. healthcare.


    Key Players

    Teva Pharmaceutical Industries Ltd, 3M Company, Nitto Denko Corporation, Johnson & Johnson, Luye Pharma Group, Bayer, Novartis AG, Beiersdorf AG, Viatris Inc., and Abbott Laboratories are a few of the well-known companies that participate in the worldwide market for transdermal skin patches.

    • In June 2023- 3M Company obtained FDA approval for its new transdermal patch, Duloxetine Topical Patch 50 mcg/hour. This approval marks a significant advancement in PHN management, providing patients with a non-invasive and efficient choice for pain therapy.


    Renub Research report titled "Transdermal Skin Patches Market Global Forecast by Types (Matrix, Reservoir, Drug-in-Adhesive, and Other Types), Application (Pain Relief, Smoking Reduction and Cessation Aid, Overactive Bladder, Hormonal Therapy, and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), Country (United States, Canada, Mexico, Brazil, United Kingdom, Germany, France, Italy, Spain, Netherlands, China, Japan, India, South Korea, Australia, South Africa, and United Arab Emirates),  Companies (Teva Pharmaceutical Industries Ltd, 3M Company, Nitto Denko Corporation, Johnson & Johnson, Luye Pharma Group, Bayer, Novartis AG, Beiersdorf AG, Viatris Inc., and Abbott Laboratories)" provides a detailed and comprehensive insight of the Global Transdermal Skin Patches Industry.


    Type – Transdermal Skin Patches Market breakup from 4 viewpoints:

    1.    Matrix
    2.    Reservoir
    3.    Drug-in-Adhesive
    4.    Other Types


    Application – Transdermal Skin Patches Market breakup from 5 viewpoints:

    1.    Pain Relief
    2.    Smoking Reduction and Cessation Aid
    3.    Overactive Bladder
    4.    Hormonal Therapy
    5.    Others


    Distribution Channel – Transdermal Skin Patches Market breakup from 3 viewpoints:

    1.    Hospital Pharmacies
    2.    Retail Pharmacies
    3.    Online Pharmacies


    Country –This report covers the 17 country Transdermal Skin Patches Market

    1.    North America

    1.1    United States
    1.2    Canada
    1.3    Mexico
    1.4    Brazil

    2.    Europe

    2.1    United Kingdom
    2.2    Germany
    2.3    France
    2.4    Italy
    2.5    Spain
    2.6    Netherlands

    3.    Asia Pacific

    3.1    China
    3.2    Japan
    3.3    India
    3.4    South Korea
    3.5    Australia

    4.    Middle East & Africa

    4.1    United Arab Emirates
    4.2    South Africa


    All companies have been covered from 3 viewpoints:

    •    Overview
    •    Recent Developments
    •    Revenue 


    Company Analysis:

    1.    Teva Pharmaceutical Industries Ltd,
    2.    3M Company
    3.    Nitto Denko Corporation
    4.    Johnson & Johnson
    5.    Luye Pharma Group
    6.    Bayer
    7.    Novartis AG
    8.    Beiersdorf AG
    9.    Viatris Inc.,
    10.    Abbott Laboratories


    Report Details:

    Report Features Details
    Base Year 2023
    Historical Period 2018 - 2023
    Forecast Period 2024 - 2030
    Market US$ Billion
    Segment Covered Type, Application, Distribution Channel, and Countries
    Countries Covered United States, Canada, Mexico, Brazil, United Kingdom, Germany, France, Italy, Spain, Netherlands, China, Japan, India, South Korea, Australia, South Africa, and United Arab Emirates
    Companies Covered Teva Pharmaceutical Industries Ltd, 3M Company, Nitto Denko Corporation, Johnson & Johnson, Luye Pharma Group, Bayer, Novartis AG, Beiersdorf AG, Viatris Inc., and Abbott Laboratories
    Customization Scope 20% Free Customization
    Post-Sale Analyst Support 1 Year (52 Weeks)
    Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request)

    1.    Introduction

    2.    Research & Methodology

    3.    Executive Summary

    4.    Market Dynamics

    4.1    Growth Drivers
    4.2    Challenges


    5.    Global Transdermal Skin Patches Market

    6.    Market Share – Global Transdermal Skin Patches Analysis

    6.1    By Type
    6.2    By Application
    6.3    By Distribution Channel
    6.4    By Country


    7.    Type – Global Transdermal Skin Patches Market

    7.1    Matrix
    7.2    Reservoir
    7.3    Drug-in-Adhesive
    7.4    Other Types


    8.    Application – Global Transdermal Skin Patches Market

    8.1    Pain Relief
    8.2    Smoking Reduction and Cessation Aid
    8.3    Overactive Bladder
    8.4    Hormonal Therapy
    8.5    Others


    9.    Distribution Channel – Global Transdermal Skin Patches Market

    9.1    Hospital Pharmacies
    9.2    Retail Pharmacies
    9.3    Online Pharmacies


    10.    Country – Global Transdermal Skin Patches Market

    10.1    North America

    10.1.1    United States
    10.1.2    Canada
    10.1.3    Mexico
    10.1.4    Brazil

    10.2    Europe

    10.2.1    United Kingdom
    10.2.2    Germany
    10.2.3    France
    10.2.4    Italy
    10.2.5    Spain
    10.2.6    Netherlands

    10.3    Asia Pacific

    10.3.1    China
    10.3.2    Japan
    10.3.3    India
    10.3.4    South Korea
    10.3.5    Australia

    10.4    Middle East & Africa

    10.4.1    United Arab Emirates
    10.4.2    South Africa


    11.    Porter’s Five Analysis – Global Transdermal Skin Patches Market

    11.1    Bargaining Power of Buyers
    11.2    Bargaining Power of Suppliers
    11.3    Degree of Rivalry
    11.4    Threat of New Entrants
    11.5    Threat of Substitutes


    12.    SWOT Analysis – Global Transdermal Skin Patches Market

    12.1    Strength
    12.2    Weakness
    12.3    Opportunity
    12.4    Threat


    13.    Company Analysis

    13.1    Teva Pharmaceutical Industries Ltd

    13.1.1    Overview
    13.1.2    Business Strategy
    13.1.3    Financial Insight

    13.2    3M Company

    13.2.1    Overview
    13.2.2    Business Strategy
    13.2.3    Financial Insight

    13.3    Nitto Denko Corporation

    13.3.1    Overview
    13.3.2    Business Strategy
    13.3.3    Financial Insight

    13.4    Johnson & Johnson

    13.4.1    Overview
    13.4.2    Business Strategy
    13.4.3    Financial Insight

    13.5    Luye Pharma Group

    13.5.1    Overview
    13.5.2    Business Strategy
    13.5.3    Financial Insight

    13.6    Bayer

    13.6.1    Overview
    13.6.2    Business Strategy
    13.6.3    Financial Insight

    13.7    Novartis AG

    13.7.1    Overview
    13.7.2    Business Strategy
    13.7.3    Financial Insight

    13.8    Beiersdorf AG

    13.8.1    Overview
    13.8.2    Business Strategy
    13.8.3    Financial Insight

    13.9    Viatris Inc.

    13.9.1    Overview
    13.9.2    Business Strategy
    13.9.3    Financial Insight

    13.10    Abbott Laboratories

    13.10.1    Overview
    13.10.2    Business Strategy
    13.10.3    Financial Insight


    List of Figures:

    Figure-01:    Global – Transdermal Skin Patches Market (Billion US$), 2018 – 2023
    Figure-02:    Global – Forecast for Transdermal Skin Patches Market (Billion US$), 2024 – 2030
    Figure-03:    Type – Matrix Market (Million US$), 2018 – 2023
    Figure-04:    Type – Forecast for Matrix Market (Million US$), 2024 – 2030
    Figure-05:    Type – Reservoir Market (Million US$), 2018 – 2023
    Figure-06:    Type – Forecast for Reservoir Market (Million US$), 2024 – 2030
    Figure-07:    Type – Drug-in-Adhesive Market (Million US$), 2018 – 2023
    Figure-08:    Type – Forecast for Drug-in-Adhesive Market (Million US$), 2024 – 2030
    Figure-09:    Type – Other Types Market (Million US$), 2018 – 2023
    Figure-10:    Type – Forecast for Other Types Market (Million US$), 2024 – 2030
    Figure-11:    Application – Pain Relief Market (Million US$), 2018 – 2023
    Figure-12:    Application – Forecast for Pain Relief Market (Million US$), 2024 – 2030
    Figure-13:    Application – Smoking Reduction and Cessation Aid Market (Million US$), 2018 – 2023
    Figure-14:    Application – Forecast for Smoking Reduction and Cessation Aid Market (Million US$), 2024 – 2030
    Figure-15:    Application – Overactive Bladder Market (Million US$), 2018 – 2023
    Figure-16:    Application – Forecast for Overactive Bladder Market (Million US$), 2024 – 2030
    Figure-17:    Application – Hormonal Therapy Market (Million US$), 2018 – 2023
    Figure-18:    Application – Forecast for Hormonal Therapy Market (Million US$), 2024 – 2030
    Figure-19:    Application – Others Market (Million US$), 2018 – 2023
    Figure-20:    Application – Forecast for Others Market (Million US$), 2024 – 2030
    Figure-21:    Distribution Channel – Hospital Pharmacies Market (Million US$), 2018 – 2023
    Figure-22:    Distribution Channel – Forecast for Hospital Pharmacies Market (Million US$), 2024 – 2030
    Figure-23:    Distribution Channel – Retail Pharmacies Market (Million US$), 2018 – 2023
    Figure-24:    Distribution Channel – Forecast for Retail Pharmacies Market (Million US$), 2024 – 2030
    Figure-25:    Distribution Channel – Online Pharmacies Market (Million US$), 2018 – 2023
    Figure-26:    Distribution Channel – Forecast for Online Pharmacies Market (Million US$), 2024 – 2030
    Figure-27:    United States – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-28:    United States – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-29:    Canada – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-30:    Canada – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-31:    Mexico – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-32:    Mexico – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-33:    Brazil – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-34:    Brazil – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-35:    United Kingdom – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-36:    United Kingdom – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-37:    Germany – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-38:    Germany – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-39:    France – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-40:    France – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-41:    Italy – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-42:    Italy – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-43:    Spain – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-44:    Spain – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-45:    Netherlands – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-46:    Netherlands – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-47:    China – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-48:    China – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-49:    Japan – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-50:    Japan – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-51:    India – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-52:    India – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-53:    South Korea – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-54:    South Korea – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-55:    Australia – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-56:    Australia – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-57:    South Africa – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-58:    South Africa – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-59:    United Arab Emirates – Transdermal Skin Patches Market (Million US$), 2018 – 2023
    Figure-60:    United Arab Emirates – Forecast for Transdermal Skin Patches Market (Million US$), 2024 – 2030
    Figure-61:    Teva Pharmaceutical Industries Ltd – Global Revenue (Million US$), 2018 – 2023
    Figure-62:    Teva Pharmaceutical Industries Ltd – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-63:    3M Company – Global Revenue (Million US$), 2018 – 2023
    Figure-64:    3M Company – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-65:    Nitto Denko Corporation – Global Revenue (Million US$), 2018 – 2023
    Figure-66:    Nitto Denko Corporation – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-67:    Johnson & Johnson – Global Revenue (Million US$), 2018 – 2023
    Figure-68:    Johnson & Johnson – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-69:    Luye Pharma Group – Global Revenue (Million US$), 2018 – 2023
    Figure-70:    Luye Pharma Group – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-71:    Bayer – Global Revenue (Million US$), 2018 – 2023
    Figure-72:    Bayer – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-73:    Novartis AG – Global Revenue (Million US$), 2018 – 2023
    Figure-74:    Novartis AG – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-75:    Beiersdorf AG – Global Revenue (Million US$), 2018 – 2023
    Figure-76:    Beiersdorf AG – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-77:    Viatris Inc. – Global Revenue (Million US$), 2018 – 2023
    Figure-78:    Viatris Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
    Figure-79:    Abbott Laboratories – Global Revenue (Million US$), 2018 – 2023
    Figure-80:    Abbott Laboratories – Forecast for Global Revenue (Million US$), 2024 – 2030


    List of Tables:

    Table-01:    Global – Transdermal Skin Patch Market Share by Type (Percent), 2018 – 2023
    Table-02:    Global – Forecast for Transdermal Skin Patch Market Share by Type (Percent), 2024 – 2030
    Table-03:    Global – Transdermal Skin Patch Market Share by Application (Percent), 2018 – 2023
    Table-04:    Global – Forecast for Transdermal Skin Patch Market Share by Application (Percent), 2024 – 2030
    Table-05:    Global – Transdermal Skin Patch Market Share by Distribution Channel (Percent), 2018 – 2023
    Table-06:    Global – Forecast for Transdermal Skin Patch Market Share by Distribution Channel (Percent), 2024 – 2030
    Table-07:    Global – Transdermal Skin Patch Market Share by Countries (Percent), 2018 – 2023
    Table-08:    Global – Forecast for Transdermal Skin Patch Market Share by Countries (Percent), 2024 – 2030

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