The global topical drug delivery market is expected to register high revenue growth and reach a market size of USD 145.68 Billion by 2027, according to a current analysis by Emergen Research. The importance of topical drug formulations for pharmaceutical delivery is rapidly increasing, and rising demand and use of these types of products is contributing to increasing market size currently, and the trend for more convenient treatments at home is contributing to increasing market size. Topical drug delivery routes helps to deliver drug substance more selectively to the specific area, while avoiding drug level fluctuations. This method also offers inter-and intra-patient variations, better compliance, and high suitability for self-medication and better convenience.

Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Topical Drug Delivery industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Topical Drug Delivery industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Topical Drug Delivery industry.

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Competitive Outlook: The leading companies operating in the Topical Drug Delivery market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Topical Drug Delivery Market and Profiled in the Report are:

Johnson & Johnson, Nestlé SA, GlaxoSmithKline, Novartis AG, Merck & Co, Bausch Health Companies, Glenmark Pharmaceuticals, Bayer AG, Hisamitsu Pharmaceuticals, Encore Dermatology, Inc.

Objectives of the Report:

Study of the global Topical Drug Delivery market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Topical Drug Delivery market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Topical Drug Delivery market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Topical Drug Delivery market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Product Form Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)

  • Semi-Solid
  • Solid Formulations
  • Transdermal Products
  • Liquid Formulations

• Route Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)

  • Dermal
  • Ophthalmic
  • Nasal
  • Others

• End-Use Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017–2027)

  • Hospitals
  • Home Healthcare
  • Clinics
  • Diagnostic Centers
  • Burn Center

Regional Segmentation:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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