The global transdermal drug delivery systems market size was US$ 55100.33 million in 2021. The global transdermal drug delivery systems market size is forecast to reach US$ 88,422.40 million by 2030, growing at a compound annual growth rate (CAGR) of 5% during the forecast period from 2021 to 2030.
The transdermal drug delivery system (TDDS) belongs to the controlled drug delivery category, which involves predetermined and controlled drug delivery through the skin. It can help treat various diseases such as cardiovascular disorders, central nervous system disorders, etc. In addition to scopolamine (for motion sickness), nicotine (for quitting smoking), nitroglycerine (for angina), and lidocaine for treatment of shingles (herpes zoster), skin patches are also available. They offer many advantages, such as prolonged therapeutic effects, reduced side effects, improved bioavailability, better compliance among patients, and easy termination of drug therapy. The three main routes of drug penetration are the appendageal, transcellular, and intercellular routes.
Factors Influencing Market Growth
Impact Analysis of COVID-19
Due to the COVID-19 outbreak, the market for transdermal drug delivery systems experienced a period of slowed growth. The COVID-19 pandemic delayed a number of elective procedures, while the COVID-19 pandemic-affected patients had the utmost priority. Aside from this, several other factors had further affected the healthcare system, such as the lockdown-related restrictions, patients' reluctance to visit hospitals and clinics, and the temporary closing of manufacturing companies.
Regional Insights
The Asia Pacific region is forecast to grow at a significant rate in the market during the forecast period. As a result of rising chronic and acute disease prevalence, growing awareness about proper disease management, and increasing demand for technologically advanced devices and drugs, the market is growing. In addition, increasing government support for the treatment and management of diverse diseases is likely to spur market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global transdermal drug delivery systems market are:
Scope of the Report
The global transdermal drug delivery systems market segmentation focuses on Delivery System Type, Application, and Region.
Segmentation based on Delivery System Type
Segmentation based on Application
Segmentation based on Region