Topical Drug Delivery - Global Strategic Business Report

Global Topical Drug Delivery Market to Reach $176.8 Billion by 2030

The global market for Topical Drug Delivery estimated at US$114.2 Billion in the year 2022, is projected to reach a revised size of US$176.8 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Semi-Solid Formulations, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$69.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Liquid Formulations segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $33.4 Billion, While China is Forecast to Grow at 5.1% CAGR

The Topical Drug Delivery market in the U.S. is estimated at US$33.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$30.8 Billion by the year 2030 trailing a CAGR of 5.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Select Competitors (Total 43 Featured) -

• 3M
• Acrux Limited
• Bayer AG
• Biofarmitalia s.r.l
• Cipla Inc.
• Crescita Therapeutics Inc.
• Galderma S.A.
• GlaxoSmithKline plc
• Janssen Global Services, LLC
• Lohmann Therapie-Systeme AG
• Medpharm
• Mylan N.V.
• Nitto Denko Corporation
• Novartis AG
• Pharmatek Laboratories, Inc.
• Pocono Coated Products LLC
• Skinvisible Pharmaceuticals, Inc.
• Stiefel Laboratories, Inc.
• Tapemark
• Valeant Pharmaceuticals International, Inc.
• West Pharmaceutical Services, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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