Global Fast Dissolving Oral Thin Films (OTFs) Market Report, History and Forecast 2018-2034, Breakdown Data by Companies, Key Regions, Types and Application
Published on: 2024-01-04 | No of Pages : 400 | Industry : Pharma & Healthcare
Publisher : MRA | Format : PDF
Global Fast Dissolving Oral Thin Films (OTFs) Market Report, History and Forecast 2018-2034, Breakdown Data by Companies, Key Regions, Types and Application
Fast dissolving films consist of a very thin oral strip which dissolves in less than one minute when placed on the tongue. Dissolvable oral thin films are in the market since past few years in the form of breath strips and are widely accepted by consumers for delivering vitamins, vaccines and other drug products.
Fast Dissolving Oral Thin Films (OTFs) report published by Mr Accuracy reports reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Fast Dissolving Oral Thin Films (OTFs) market is projected to reach US$ 9099.6 million in 2029, increasing from US$ 6345 million in 2022, with the CAGR of 5.3% during the period of 2024 to 2029. Demand from Hospitals and Drugstores are the major drivers for the industry.
The Thin-film Drug Delivery market is driven by the growing need for convenient and patient-friendly drug delivery solutions. Thin-film drug delivery systems offer a unique way to administer medications through dissolvable or wearable films, providing benefits such as ease of use, discreetness, and potential for controlled release. The rise in chronic diseases and the need for personalized medicine contribute to market growth, as patients and healthcare providers seek innovative alternatives to traditional oral medications or injections. Moreover, advancements in thin-film technology and formulations align with improved drug stability, bioavailability, and patient adherence, fostering market adoption. However, the market also faces challenges, including the complexity of formulating drugs in thin-film formats and ensuring consistent drug release profiles. Additionally, addressing concerns related to regulatory approvals, scalability of manufacturing processes, and intellectual property can pose obstacles for manufacturers. To succeed, companies must focus on formulation expertise, rigorous quality control, and addressing the challenges to provide patients with reliable and effective thin-film drug delivery systems that enhance medication compliance and improve patient outcomes.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Fast Dissolving Oral Thin Films (OTFs) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Companies, Type, Application and Regions Listed in the Report
GSK
LTS
J&J
Indivior
Pfizer
Church & Dwight
tesa Labtec
Tapemark
Prestige
MonoSol
BioDelivery
Arx
ZIM
NAL Pharma
AdhexPharma
Aavishkar
IntelGenx Corp
APR
Segment by Type
OTC
Rx
Hospitals
Drugstores
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Fast Dissolving Oral Thin Films (OTFs) market further
Chapter 1Global and regional market size and CAGR for the history and forecast period (2018-2024, 2024-2029).
Chapter 2Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 3Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 4Company Competition Status, Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5Companies’ Outline, covering company’s basic information, Fast Dissolving Oral Thin Films (OTFs) introduction, etc. Fast Dissolving Oral Thin Films (OTFs) Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12Mr Accuracy reports’s Conclusions of Fast Dissolving Oral Thin Films (OTFs) market based on comprehensive survey.
Chapter 13Methodology and Data Sources adopted by Mr Accuracy reports.
Fast Dissolving Oral Thin Films (OTFs) report published by Mr Accuracy reports reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Fast Dissolving Oral Thin Films (OTFs) market is projected to reach US$ 9099.6 million in 2029, increasing from US$ 6345 million in 2022, with the CAGR of 5.3% during the period of 2024 to 2029. Demand from Hospitals and Drugstores are the major drivers for the industry.
The Thin-film Drug Delivery market is driven by the growing need for convenient and patient-friendly drug delivery solutions. Thin-film drug delivery systems offer a unique way to administer medications through dissolvable or wearable films, providing benefits such as ease of use, discreetness, and potential for controlled release. The rise in chronic diseases and the need for personalized medicine contribute to market growth, as patients and healthcare providers seek innovative alternatives to traditional oral medications or injections. Moreover, advancements in thin-film technology and formulations align with improved drug stability, bioavailability, and patient adherence, fostering market adoption. However, the market also faces challenges, including the complexity of formulating drugs in thin-film formats and ensuring consistent drug release profiles. Additionally, addressing concerns related to regulatory approvals, scalability of manufacturing processes, and intellectual property can pose obstacles for manufacturers. To succeed, companies must focus on formulation expertise, rigorous quality control, and addressing the challenges to provide patients with reliable and effective thin-film drug delivery systems that enhance medication compliance and improve patient outcomes.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2024-2034), aims to help readers to get a comprehensive understanding of global Fast Dissolving Oral Thin Films (OTFs) market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Companies, Type, Application and Regions Listed in the Report
By Company
GSK
LTS
J&J
Indivior
Pfizer
Church & Dwight
tesa Labtec
Tapemark
Prestige
MonoSol
BioDelivery
Arx
ZIM
NAL Pharma
AdhexPharma
Aavishkar
IntelGenx Corp
APR
Segment by Type
OTC
Rx
Segment by Application
Hospitals
Drugstores
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Each chapter of the report provides detailed information for readers to understand the Fast Dissolving Oral Thin Films (OTFs) market further
Chapter 1Global and regional market size and CAGR for the history and forecast period (2018-2024, 2024-2029).
Chapter 2Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 3Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2024.
Chapter 4Company Competition Status, Detailed analysis of Product Name companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5Companies’ Outline, covering company’s basic information, Fast Dissolving Oral Thin Films (OTFs) introduction, etc. Fast Dissolving Oral Thin Films (OTFs) Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12Mr Accuracy reports’s Conclusions of Fast Dissolving Oral Thin Films (OTFs) market based on comprehensive survey.
Chapter 13Methodology and Data Sources adopted by Mr Accuracy reports.
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