(PharmaNewsWire.Com, May 25, 2017 ) According to Publisher, the Global Topical Drug Delivery market is estimated at $89.76 billion in 2016 and is expected to reach $134.58 billion by 2022 growing at a CAGR of 7.0% from 2016 to 2022. Growing aging population, increasing prevalence of skin allergies are the key factors driving the market growth. However factors like product recalls are hampering the market growth. North America accounted for the highest market share as compared to other regions. The Asia Pacific region is expected to grow at a higher CAGR and is anticipated to account for the highest market share during forecast period owing to increasing geriatric population and increase in disposable incomes.
Some of the key players in the market include 3M Drug Delivery Systems, Bayer AG, Biofarmitalia S.R.L, Cipla, Crescita Therapeutics Inc., Galderma S.A., Glaxosmithkline PLC, Janssen Global Services, LLC. (A Subsidiary of Johnson & Johnson) , Medpharm, Nitto Denko Corporation, Novartis AG, Pharmatek Laboratories, Inc., Stiefel Laboratories, Inc., Tapemark, Valeant Pharmaceuticals International, Inc. and Mylan Pharmaceuticals Inc.
Facility of Uses Covered: -Hospitals and Private Clinics -Home Care Settings -Other Facilities of Use
Routes of Administration Covered: -Skin Drug Delivery -Ophthalmic Drug Delivery -Rectal Drug Delivery -Vaginal Drug Delivery -Nasal Drug Delivery
Regions Covered: -North America-US-Canada-Mexico -Europe-Germany-France-Italy-UK -Spain -Rest of Europe -Asia Pacific-Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World-Middle East-Brazil-Argentina-South Africa-Egypt
Company Profiling 11.1 3M Drug Delivery Systems 11.2 Bayer AG 11.3 Biofarmitalia S.R.L 11.4 Cipla 11.5 Crescita Therapeutics Inc. 11.6 Galderma S.A. 11.7 Glaxosmithkline PLC 11.8 Janssen Global Services, LLC. (A Subsidiary of Johnson & Johnson) 11.9 Medpharm 11.10 Nitto Denko Corporation 11.11 Novartis AG 11.12 Pharmatek Laboratories, Inc. 11.13 Stiefel Laboratories, Inc. 11.14 Tapemark 11.15 Valeant Pharmaceuticals International, Inc. 11.16 Mylan Pharmaceuticals Inc.
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