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Wednesday, June 7, 2023

Semi-solid formulations is expected to remain the largest segment in the global topical drug delivery market

An exciting new study from the team of Lucintel found that topical drug delivery market is expected to reach $210.4 billion by 2028 with a CAGR of 8.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.

Download Brochure of this report by clicking on https://www.lucintel.com/topical-drug-delivery-market.aspx.

The topical drug delivery market is segmented based on product, route of administration, facility of use, and region. In this market, semi-solid formulation is expected to remain the largest product, and home care setting segment is expected to remain the largest facility of use. Players can benefit from the available opportunities like increasing inclination towards pain-free drug delivery solutions, the growing prevalence of skin diseases, and rising spending on topical dermatological products in the region.

Glenmark Pharmaceuticals, Galderma, Cipla, GlaxoSmithKline, Bausch Health Companies, Johnson & Johnson, Hisamitsu Pharmaceuticals, Bayer AG, Viatris, and 3M are some of the major players profiled in this 150 page report.

Request Sample Pages by clicking on https://www.lucintel.com/topical-drug-delivery-market.aspx.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the topical drug delivery market by product ((semi-solid formulations (creams, ointments, lotions, gel, and pastes), liquid formulations (suspensions and solutions), solid formulations (powders and suppositories), transdermal product (transdermal patches and transdermal semi-solids)), route of administration (dermal drug delivery, ophthalmic drug delivery, rectal drug delivery, vaginal drug delivery, and others), facility of use (home care settings, hospitals & clinics, and other facilities), and region?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the topical drug delivery market?

Q.4 What are some changing demands of customers in the topical drug delivery market?

Q.5 What are the new developments in the topical drug delivery market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this topical drug delivery area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this topical drug delivery market?

This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: 
roy.almaguer@lucintel.com 
Tel. 972.636.5056

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