Market Size Estimation:

Top-down and bottom-up approaches were used to validate the size of the transdermal drug delivery system market and estimate the size of other dependent submarkets. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

# The key players in the industry and markets have been identified through extensive secondary research.
# The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Expected Growth in Revenue:

The transdermal drug delivery systems market is expected to reach USD 7.1 billion by 2023 from an estimated USD 5.7 billion in 2018, at a CAGR of 4.5% during the forecast period (2018-2023).

Download PDF Brochure@
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203190114

Data Triangulation:

After arriving at the overall market size using the market size estimation processes as explained above the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand and supply sides.

Global Key Players:

Hisamitsu Pharmaceutical (Japan), Mylan (US), UCB (Belgium), Novartis (Switzerland), GlaxoSmithKline (UK), Abbvie (US), Boehringer Ingelheim (Germany), Johnson & Johnson (US), Endo International (Ireland), and Purdue Pharma (US) are the major players operating in the global transdermal drug delivery system market.

These players have adopted various growth strategies, such as product launches and enhancements; agreements, partnerships, mergers, and collaborations; acquisitions; and expansions to strengthen their presence in the global market. Product launches and partnerships have been the most widely adopted strategies by major players from 2015 to 2018. These strategies helped market players to offer innovate products and broaden their customer base.

In 2017, Hisamitsu Pharmaceutical (Japan), Mylan (US), Novartis (Switzerland), and Abbvie (US) together accounted for a share of ~55.0% of the transdermal drug delivery systems market.

Mylan is one of the leading players operating in the transdermal drug delivery system market. The company offers transdermal patches for birth control under the brand name Xulane. Mylan has a robust worldwide commercial presence, including the leading position in the US, Australia, and France. The company has a portfolio of more than 7,500 marketed generic, branded, and OTC products. Also, it owns 12 manufacturing and distribution facilities in the US and has its production and distribution facilities in 11 countries, including India, Australia, Japan, Ireland, Hungary, and France.

Novartis is one of the leading players operating in the transdermal drug delivery systems market. The company offers transdermal patches for the treatment of all stages of Alzheimer's disease under the brand name Exelon. Novartis has a presence in over 155 countries across North America, Europe, Asia, Africa, and Latin America. The company offers drugs for the treatment of cancer, cardiovascular diseases, dermatological conditions, and neurological disorders through its Innovative Medicines segment. In order to strengthen its position in the market, the company is strategically focusing on the development of new products by investing in research and development.

Request Sample Pages@
https://www.marketsandmarkets.com/requestsampleNew.asp?id=203190114

Hisamitsu Pharmaceuticals dominated the transdermal drug delivery system market in 2017. The company offers a wide range of products for the treatment of pain management. It offers transdermal patches for the treatment of pain under brand names such as Salonpas, MOHRUS TAPE, MOHRUS PAP, MOHRUS PAP XR, Estrana Tape, and Feitas. To maintain its leading position in the market, the company primarily focuses on expanding its product portfolio. For instance, the company launched Feitas, Z DICSAS, and NobiNobi Salonship FH in 2017. Moreover, the company is focusing on agreements to expand its customer base. For instance, in 2018, the company signed an agreement in the category of external pain relief products with the Tokyo Organizing Committee of the Olympic and Paralympic Games (2020).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]