Transdermal Drug Delivery System Market Size To Cross USD 81.4 Billion By 2025Posted by Neha Bora on February 25th, 2020 San Francisco, 25 February 2020: The Report Transdermal Drug Delivery System Market Analysis By Technology (Electroporation, Radiofrequency, Iontophoresis, Microporation, Thermal, Mechanical Arrays, Ultrasound), By Application (Central Nervous System (CNS), Pain Management, Cardiovascular, Hormone), And Segment Forecasts To 2024 The global Transdermal Drug Delivery System Market is expected to reach USD 81.4 billion by 2024, according to a new report by Grand View Research, Inc. The unprecedented global shift in the adoption of unhealthy lifestyles is presumed to be responsible for the high prevalence of chronic diseases, such as cancer and diabetes, which is expected to drive the clinical urgency to incorporate transdermal drug delivery systems in the future treatments. Moreover, the rising geriatric population base, which is highly susceptible to developing the aforementioned chronic diseases are expected to propel the demand for highly efficacious pharmacological drugs. The market is driven by technological advancements in transdermal drug delivery devices, which is anticipated to serve the market with future growth opportunities. These advancements include advanced, third-generation, transdermal drug delivery technologies including iontophoresis, ultrasound, and microneedles or mechanical arrays. These technologies serve as effective transdermal drug diffusion alternatives that are capable of improving overall patient health and quality of life. For instance, the advent of matrix-controlled transdermal drug diffusion comprising a drug reservoir and a thermo effector, enhances skin permeation and enables controlled drug delivery. Access Research Report of Transdermal Drug Delivery System Market @ www.grandviewresearch.com/industry-analysis/transdermal-drug-delivery-systems-industry Further key findings from the study suggest:
Grand View Research has segmented the transdermal drug delivery system market on the basis of technology, application, and region: Global Transdermal Drug Delivery Systems Product Outlook (Revenue, USD Billion, 2013 - 2024)
Global Transdermal Drug Delivery Systems Application Outlook (Revenue, USD Billion, 2013 - 2024)
Transdermal Drug Delivery Systems Regional Outlook (Revenue, USD Billion, 2013 - 2024)
Like it? Share it!More by this author |