Topical Drug Delivery Market By Size, Supplier, Demand Analysis, Regions and Forecast - 2031


Posted January 11, 2025 by farazp70

The global topical drug delivery market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period.

 
The global topical drug delivery market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. The key factor contributing to the market growth includes the increasing approvals, grants, and clearance by government authorities and regulatory bodies for topical drugs. For instance,

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In July 2022, Alembic Pharmaceuticals, (Aleor Dermaceuticals) received the US Food and Drug Administration (US FDA) approval for its Abbreviated New Drug Application (ANDA) for Diclofenac Sodium Topical Gel. This newly approved drug is for the topical treatment of actinic keratoses and now it is a reference listed drug product (RLD) Solaraze Topical Gel, 3%.
In July 2022, Arcutis Biotherapeutics, Inc. received approval by the US FDA for its New Drug Application (NDA) for ZORYVE (roflumilast) cream 0.3% that is used in the treatment of plaque psoriasis, including intertriginous areas. This newly approved drug offers rapid clearance of psoriasis plaques and reduces itching, and it is set to be available by mid of August 2022.
In August 2020, LEO Pharma A/S, an investigational topical pan-Janus kinase (JAK)-inhibitor, a delgocitinib cream, has been granted Fast Track designation by the US FDA for the treatment of adults with moderate-to-severe chronic hand eczema (CHE).
In June 2020, TDupixent (dupilumab) used for treating moderate-to-severe atopic dermatitis in adults has been approved by the National Medical Products Administration (NMPA) in China. It stated Dupixent as an overseas medicine and approval was based on positive data from the global LIBERTY AD clinical trial program and is medicine considered urgently needed in clinical practice.

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Market Coverage

Segment Covered- 

o             By Product

o             By Route of Administration

o             By End-User

Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

Competitive Landscape- AbbVie Inc., Glenmark Pharmaceuticals Ltd., Merck KGaA, Novartis International AG, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Topical Drug Delivery Market Report Segment

By Product

Semi-Solid Formulations

o                Creams

o                Ointments

o                Lotions

o                Gel

o                Pastes

Liquid Formulations

o                Suspensions

o                Solutions

Solid Formulations

o                Powders

o                Suppositories

Transdermal Products

o                Transdermal Patches

o                Transdermal Semi-Solids

By Route of Administration

Dermal Drug Delivery
Ophthalmic Drug Delivery
Rectal Drug Delivery
Vaginal Drug Delivery
Nasal Drug Delivery

By Facility of Use

Home Care Settings
Hospitals & Clinics
Burn Centers
Other Facilities

Global Topical Drug Delivery Market Report by Region

North America

US
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe 

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific 

Rest of the World

Latin America 
Middle East & Africa




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Issued By faraz pathan
Country India
Categories Business
Tags topical drug delivery market
Last Updated January 11, 2025