The Business Research Company’s Transdermal Skin Patches Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Transdermal Skin Patches Global Market Report 2023 evaluates transdermal skin patches market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global transdermal skin patches market is expected to grow from $8,433.64 million in 2027 at a rate of 3.49%. The market is then expected to grow at a CAGR of 4.12% from 2027 and reach $10,321.10 million in 2032.
An increase in smoking cessation is expected to propel the growth of the transdermal patches market going forward. Smoking cessation refers to the process of discontinuing smoking. Nicotine skin patches are used to help people stop smoking cigarettes. They provide a source of nicotine that reduces the withdrawal symptoms experienced when smoking is stopped. For instance, according to gov.uk, a UK-based public sector information website, the adult smoking rate in England was 14.9% in 2017 which is expected to reduce to between 8.5% and 11.7% by 2023. Also, by 2030, the adult prevalence of smoking is expected to come down to 5% or less. The decrease in smoking rates would drive demand for nicotine replacement therapies and increase demand for nicotine patches, driving the demand for transdermal skin patches in the forecast period.
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The transdermal skin patches market segments in the report are:
1) By Product: Matrix; Drug In Adhesive; Reservoir; Vapor
2) By Type: Fentanyl Transdermal Patch; Nicotine Transdermal Patch; Estradiol Transdermal Patch; Clonidine Transdermal Patch; Testosterone Transdermal Patch; Other Types
3) By Distribution Channel: Pain Relief; Nicotine Cessation;Hormone Replacement Therapy; Neurological Disorders; Cardiovascular Disorders; Other Applications
The table of contents in TBRC’s transdermal skin patches market report includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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26. Company Profiles
27. Key Mergers and Acquisitions
28. Opportunities And Strategies
29. Transdermal Skin Patches Market, Conclusions And Recommendations
30. Appendix
Top Major Players:
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