Press Release

Transdermal Patches Market to Grow with a CAGR of 4.53% through 2029

Growing technological advancement is expected to drive the Global Transdermal Patches Market in the forecast period, 2025-2029.

 

According to TechSci Research report, “Transdermal Patches Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Transdermal Patches Market stood at USD 6.35 Billion in 2023 and is anticipated to grow with a CAGR of 4.53% through 2029. In the realm of pain management, transdermal patches have garnered widespread acclaim for their ease of use, extended effectiveness, and potential to mitigate adverse effects commonly associated with alternative delivery methods. Typically containing analgesic substances, these patches slowly dispense medication through the skin into the bloodstream, ensuring a consistent therapeutic impact. This controlled dispensation helps in maintaining steady levels of the pain-relief medication in the blood, mitigating the likelihood of fluctuations in drug concentration, which can occur with oral medications.

The practicality of transdermal patches is especially advantageous for individuals grappling with persistent pain conditions like arthritis, neuropathy, or postoperative discomfort. Offering a non-invasive and straightforward solution, these patches present an alternative to conventional pain management avenues such as oral drugs or injections. Given that chronic pain often necessitates prolonged treatment, transdermal patches address the adherence challenges associated with it. By delivering medication steadily over an extended duration, they obviate the need for frequent dosing, thereby enhancing patient adherence and overall treatment efficacy.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Transdermal Patches Market

 

The Global Transdermal Patches Market is segmented into patch type, adhesive type, application, end-user, regional distribution, and company.

Based on adhesive type, acrylic segment emerged as the fastest growing segment in the Global Transdermal Patches Market during forecast periodAcrylic adhesives boast numerous merits that render them highly suitable for transdermal patches. They excel in adhering to the skin effectively, facilitating painless removal without causing discomfort or irritation. This attribute is pivotal for ensuring patient compliance and comfort, as it guarantees that the patches remain securely affixed for the necessary duration without adverse reactions. Acrylic adhesives offer commendable resistance to moisture, a critical factor in preserving patch integrity and safeguarding the stability of drug formulations. This quality helps prevent moisture infiltration, which could otherwise compromise the efficacy of the drug. Acrylic adhesives exhibit remarkable shear strength, ensuring robust bonding even under strenuous conditions or physical movement, a vital characteristic for patches required to remain in place during activities. The versatility of acrylic adhesives enables them to be customized to meet specific needs, such as accommodating diverse skin types or drug formulations. This adaptability positions them as a favored option for manufacturers of transdermal patches seeking to tailor their products to varying patient requirements. Consequently, the acrylic adhesive segment is poised for significant growth in the foreseeable future, contributing to the overall expansion of the global transdermal patches market.

Based on region, Asia Pacific emerged with the rapid growth in Global Transdermal Patches Market. As the economies of the Asia Pacific region progress, healthcare expenditure rises accordingly. This uptick in spending facilitates broader access to advanced medical therapies, including transdermal patches. Similarly to global trends, the Asia Pacific region is witnessing a demographic transition toward an aging population. This demographic shift brings about a higher incidence of chronic diseases and ailments necessitating continuous treatment, thus making transdermal patches an attractive and efficient means of medication administration. There has been a noticeable surge in chronic illnesses like diabetes, cardiovascular diseases, and pain-related disorders throughout the Asia Pacific region. Transdermal patches present a non-invasive and meticulously controlled delivery mechanism for managing these persistent health conditions, thereby propelling their adoption.

 

Major companies operating in Global Transdermal Patches Market are:

  • AbbVie, Inc.
  • AdhexPharma SAS
  • Agile Therapeutics, Inc. 
  • Boehringer Ingelheim International GmbH
  • Corium, Inc. 
  • GlaxoSmithKline PLC
  • Johnson & Johnson Services, Inc.
  • Novartis AG
  • Hamamatsu Pharma Research, Inc.
  • Endo, Inc.

  

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“The growth of the Global Transdermal Patches Market is propelled by the growing need for patient-centric drug delivery methods, particularly in chronic health conditions. The increasing prevalence of chronic diseases like cardiovascular disorders and diabetes drives the uptake of transdermal patches. These patches provide a non-invasive and user-friendly alternative, improving patient adherence to treatment regimens. Factors such as sustained release, minimized side effects, and the trend toward personalized medicine further drive market expansion, positioning transdermal patches as a preferred option in the evolving pharmaceutical landscape”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Transdermal Patches Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Patch Type (Drug-In-Adhesive, Matrix Patches, Reservoir Membrane Patches, Microneedle Patches, Vapour Patches), By Adhesive Type (Acrylic, Silicone, Hydrogel, Other), By Application (Pain Management, Hormonal Application, Central Nervous System Disorders, Cardiovascular Diseases, Smoking Cessation, Other), By End-User (Homecare Settings, Hospitals & Clinics), By Region and Competition, 2019-2029F”, has evaluated the future growth potential of Global Transdermal Patches Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Transdermal Patches Market.

 

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