The global Oral Transmucosal Drugs market gathered revenue around USD 15.2 Billion in 2021 and market is set to grow USD 24 Billion by the end of 2030 and is estimated to expand at a modest CAGR of 5.2% during the prediction period 2021 to 2027.
Oral Transmucosal Drugs Market: Overview
Report Coverage
Report Scope | Details |
Market Size | USD 24 Billion by 2030 |
Growth Rate | CAGR of 5.2% From 2022to 2030 |
Base Year | 2020 |
Forecast Period | 2022 to 2030 |
Historic Data | 2017 to 2021 |
Report coverage | Growth Factors, Revenue Status, Competitive Landscape, and Future Trends |
Segments Covered | Type, Route of Penetration, Distribution Channel, Indication and Regional |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
Companies Mentioned | LTS Lohmann Therapie-Systeme AG, Soligenix, ZIM Laboratories Limited, Access Pharmaceutical Inc., C.L Pharm, Seoul Pharmaceuticals, Cure Pharmaceutical, Aquestive Therapeutics, Inc., Solvay S.A., NAL Pharma, IntelGenx Corp., Izun Pharmaceuticals, Eisai Co., Ltd, AstraZeneca, Otsuka Pharmaceutical Co., Ltd., Pfizer, Inc., |
Growth Factors:
The report has been prepared after primary and secondary researches.Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers.
Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global oral transmucosal drugs market. Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various phenomenon in the global oral transmucosal drugs market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study.Furthermore, the report sheds light on the changing competitive dynamics in the global oral transmucosal drugs market.These indices serve as valuable tools for existing market players as well as for entities interested in entering the global oral transmucosal drugs market.
The report delves into the competitive landscape of the global oral transmucosal drugs market.Key players operating in the global oral transmucosal drugs market have been identified, and each one of these has been profiled for distinguishing business attributes.
Rise in prevalence of neurological disorders and chronic diseases, increase in geriatric population, and adoption of novel drug delivery systems are the key factors anticipated to drive the global oral transmucosal drugs market during the forecast period. North America held a major share of the global oral transmucosal drugs market in 2020, due to easy availability of products, presence of a large number of suppliers, and higher penetration of oral transmucosal drugs compared to other regions.
This report analyzes the current scenario and future prospects of the global oral transmucosal drugs market. Rise in adoption of oral transmucosal drugs among the geriatric population and surge in prevalence of dysphagia are the key factors projected to drive the global oral transmucosal drugs market during the forecast period.The report includes an elaborate executive summary, which provides a snapshot of various segments of the global oral transmucosal drugs market. It also provides information and data analysis of the oral transmucosal drugs market about segments based on type, route of penetration, distribution channel, indication, and region.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Oral Transmucosal Drugs market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Oral Transmucosal Drugs market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Oral Transmucosal Drugs market report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Scope of the Report
This report provides an all-inclusive environment of the analysis for the Oral Transmucosal Drugs Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Oral Transmucosal Drugs Market growth
Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Oral Transmucosal Drugs Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Oral Transmucosal Drugs Market.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
· Company Overview
· Company Market Share/Positioning Analysis
· Product Offerings
· Financial Performance
· Recent Initiatives
· Key Strategies Adopted by Players
· Vendor Landscape
· List of Suppliers
· List of Buyers
Significant Market Participants Operational in the Oral Transmucosal Drugs Market are:
The global oral transmucosal drugs market are LTS Lohmann Therapie-Systeme AG, Soligenix, ZIM Laboratories Limited, Access Pharmaceutical Inc., C.L Pharm, Seoul Pharmaceuticals, Cure Pharmaceutical, Aquestive Therapeutics, Inc., Solvay S.A., NAL Pharma, IntelGenx Corp., Izun Pharmaceuticals, Eisai Co., Ltd, AstraZeneca, Otsuka Pharmaceutical Co., Ltd., Pfizer, Inc., Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Mylan N.V., and Bristol-Myers Squibb Company.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Oral Transmucosal Drugs Market: Segmentation
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
A unique research methodology has been utilized by Nova one advisor to conduct comprehensive research on the growth of the global Oral Transmucosal Drugs market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.
Nova one advisor employs comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of technology landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
• Market drivers and restrains, along with their current and expected impact
• Raw material scenario and supply v/s price trends
• Regulatory scenario and expected developments
• Current capacity and expected capacity additions up to 2027
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
• Market leading companies
• Raw material suppliers
• Product distributors
• Buyers
The key objectives of primary research are as follows:
• To validate our data in terms of accuracy and acceptability
• To gain an insight in to the current market and future expectations
Secondary Validation
Secondary research sources referred to by analysts during the production of the global Oral Transmucosal Drugs market report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of Nova one advisor’s study on the Oral Transmucosal Drugs market as primary methods.
The study objectives of this report are: