Oral Thin Films Market to Witness Significant Growth due to Increasing Demand for Innovative Drug Delivery Methods

PRESS RELEASE
Published March 17, 2023

Oral thin films are a type of drug delivery system that is designed to dissolve rapidly in the mouth, delivering the medication directly to the bloodstream without having to pass through the digestive system. They are gaining popularity as a convenient and easy-to-use alternative to traditional tablets and capsules. The global oral thin films market is expected to witness significant growth over the coming years, driven by factors such as the increasing demand for innovative drug delivery methods, the rising prevalence of chronic diseases, and the growing geriatric population.

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One of the major drivers of the oral thin films market is the increasing demand for convenient and patient-friendly drug delivery methods. Oral thin films are easy to use, do not require water or other liquids to be swallowed, and can be administered without the need for a healthcare professional. They are particularly useful for patients who have difficulty swallowing tablets or capsules, such as children or elderly people.

Another key driver of the market is the rising prevalence of chronic diseases such as diabetes, cancer, and cardiovascular diseases. Oral thin films are an effective way to deliver medication for these conditions, as they provide a rapid onset of action and can be used to deliver a wide range of drugs, including painkillers, antiemetics, and antipsychotics.

Despite the many benefits of oral thin films, there are also some challenges that need to be addressed. One of the main concerns is the cost of production, which can be higher than traditional tablets or capsules. Additionally, there are regulatory hurdles that need to be overcome, as oral thin films are a relatively new drug delivery method and may require additional testing and approval from regulatory authorities.

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Key Players Influencing the Oral Thin Films Market:

AdhexPharma, ARx, LLC, Aveneon Technology LLC, Aavishkar, CURE Pharmaceutical, DK Livkon Pvt. LTD., IntelGenx Corp, LTS Lohmann Therapie-Systeme AG, NAL Pharma, Nova Thin Film Pharmaceuticals LLC, ODF Nutra inc., Seoul Pharma Co. Ltd., tesa SE – A Beiersdorf Company, and ZIM Laboratories Limited amongst other market participants.

Study Objectives of this Report:

  • Detailed overview of market.
  • Changing market dynamics of the industry.
  • In-depth market segmentation by Type, Application etc.
  • Historical, current and projected market size in terms of volume and value.
  • Recent industry trends and developments.
  • Competitive landscape of market.
  • Strategies of key players and product offerings.
  • Potential and niche segments/regions exhibiting promising growth.
  • A neutral perspective towards market performance.
  • Market players’ information to sustain and enhance their footprint.

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Our 420+ Pages Report titled, Oral Thin Films Market will include extensive information on the following pointers:

  • Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
  • Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
  • Years Considered (2015 – 2030)
    • (Historic Years: 2015 – 2020
    • Base Year: 2021
    • Forecast Years: 2022 – 2030)
  • Market determinants and Influencing Factors
  • Market Dynamics (Drivers, Restraints, Opportunities and Trends)
  • Analysis on Impact of Covid-19 on Global Oral Thin Films Market
  • Macro-Economic and Micro-Economic Indicators
  • Porter’s Five Forces Analysis
  • Regulatory Landscape
  • PESTEL Analysis
  • Competitive Benchmarking: Global Presence and Growth Strategies
    • (Mergers and Acquisitions
    • Product Launches
    • Investments Trends
    • R&D Initiatives)
  • Market Share Analysis, 2021
  • Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
  • Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
  • The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.

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Global Oral Thin Films Market:

By Type

  • Buccal Films
  • Sublingual Films
  • Others

By Application

  • Cold and Flu
  • Pain Management
  • Constipation, Bloating & Gas
  • Nausea and Vomiting
  • Opiod Dependence
  • Migrane
  • Immune Function
  • Bone Growth
  • Neurodegenerative Diseases
  • Others

By Distribution Channel

  • Hospitals
  • Retail Pharmacies
  • Online Pharmacies

By Region

  • North America [U.S., Canada, Mexico]
  • Europe [Germany, UK, France, Italy, Rest of Europe]
  • Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
  • South America [Brazil, Argentina, Rest of Latin America]
  • Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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