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Prescription Transdermal Patches Market To Experience Excellent Growth Potential Over 2019 – 2027

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Prescription Transdermal Patches Market: Introduction

  • Transdermal drug delivery system, also known as patches, is a non-invasive way of delivering medication into the skin or dermis surfaces. Transdermal patches have a number of advantages over oral and hypodermic injections. These provide better biocompatibility in hepatic metabolism and increase flexibility in drug administration.
  • Increase in prevalence of chronic pain, cancer pain, rise in autoimmune arthritis pain types, demand for opioids drugs/patches, such as fentanyl, and use of types of diclofenac drugs in the form of gels, patches, creams, etc., are likely to drive the use of transdermal pain management drugs
  • According to the Arthritis Foundation, in 2016, in the U.S., 39 studies with 10,631 participants found that topical diclofenac provides sufficient levels of pain and relief in osteoarthritis. For instance, diclofenac sodium 1% gel used for osteoarthritis pain of hands, wrists, elbows etc.

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  • In the U.S., Medicare and Medicaid are government organizations that provide reimbursement for acute pain, chronic pain, cancer pain, and post-operative pain treatments. Medicare is considered to be the largest and the most important third-party government payer for chronic wound patients in the U.S.
  • The global prescription transdermal patches market is projected to expand at a significant pace during the forecast period. The growth of prescription transdermal patches market can be attributed to increase in prevalence of chronic pain, cancer pain, rising prescription rate for prescription patches, and high demand for pain medicines.

Key Drivers of Global Prescription Transdermal Patches Market

  • The global prescription transdermal patches market is expected to be driven by rise in patient population experiencing chronic pain, cancer pain, increased demand for patches, and low prices, owing to patent expiration for innovative transdermal patches
  • Large number of players in the industry are investing in the development of improved design sand materials for transdermal patches. For instance, in August 2015, Sparsha Pharma International Pvt. Ltd, a Hyderabad-based transdermal patch maker, launched generic version of the prescription patch—a synthetic narcotic drug delivered through an adhesive patch attached to the skin in the U.S. Sparsha Pharma invested around US$ 7 Mn to build a transdermal drug delivery development and manufacturing facility in Hyderabad, of which US$ 4 Mn was raised from Japan-based transdermal patch maker Teikoku Pharma.
  • Increase in geriatric population is likely to increase the incidence of chronic diseases such as diabetes, cancer, and bone- related disorders as old people are at greater risk of these diseases. Increase in the patient pool is expected to drive demand for transdermal pain management drugs as a treatment option against these diseases.

North America to Hold Major Share of Global Prescription Transdermal Patches Market

  • North America is expected to account for a major share of the global market during the forecast period
  • The use of transdermal drug delivery system has risen exponentially for pain management of certain conditions, such as cancer, as transdermal patches can deliver pain management drugs at a predetermined rate across the dermis to achieve either a local or systemic effect
  • Rise in prevalence of cancer is expected to drive adoption of transdermal pain management drugs among patients for treatment of chronic pain
  • According to the American Cancer Society, in 2019, 1,762,450 new cancer cases were diagnosed in the U.S.
  • According to the Center for Medicare Advocacy, Lidocaine Patch 5% is FDA approved for post hepatic neuralgia and diabetic neuropathy. It is a highly effective pain reliever and its unique non-narcotic and non-addictive properties make it a benign alternative to opioids, without the risks and side effects of opioids. However, coverage denials for lidocaine pose a major problem for people who become Medicare eligible or have a private insurance plan.

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Key Players Operating in Global Prescription Transdermal Patches Market

Major players operating in the global prescription transdermal patches market are:

  • Hisamitsu Pharmaceutical Co., Inc.
  •  Alvogen
  • Icure PHARM. INC.
  • Mylan N.V.
  • Novartis AG

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Global Prescription Transdermal Patches Market: Research Scope

Global Prescription Transdermal Patches Market, by Indication

  • Musculoskeletal Pain
  • Auto-immune Disease
  • Post-operative Pain
  • Cancer Pain
  • Others

Global Prescription Transdermal Patches Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
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Global Market

Global Weight Management Supplement Market Report 2020-2026, Future Trends, Opportunities, Top Key Players and more…

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Focus on select sub-segments remains core strategy of Weight Management Supplement market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in December 2019.

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The industry is concentrated significantly in unorganized space but growing food expenditure in emerging nations is encouraging foreign companies to rapidly expand their investment in domestic Weight Management Supplement markets.

On the developed markets front, drive towards organic and healthy food and beverages is shaping the product portfolio of Weight Management Supplement companies. Majority of Weight Management Supplement manufacturers are investing in Research and Development to market healthy products. Further, acquisition of local players is also increasingly being observed as part of inorganic business expansion strategy worldwide.

Diversifying distribution channels with increasing presence of online and retail chains also acts as market driver, predominantly in developing countries. Shifting preferences towards new flavours, new taste and convenience are set to shape the Weight Management Supplement product offerings over the medium term future.

Browse Weight Management Supplement Market Report @ https://www.oganalysis.com/industry-reports/213341/weight-management-supplement-market

Global Weight Management Supplement market Insights

Key trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Weight Management Supplement market, detailed porter’s five forces analysis and competitive insights are included in the research.

Global Weight Management Supplement market size by type

The 2020 series of global Weight Management Supplement market size, share, outlook and growth prospects is a comprehensive analysis on global Weight Management Supplement market conditions. The report presents the detailed annual outlook of each of the sub segments of Weight Management Supplement across markets to 2026.

Global Weight Management Supplement market share by applications

Amidst increasing emphasis on new applications and stagnant growth of conventional large applications, the report presents in-depth insights into each of the leading Weight Management Supplement end user verticals along with annual forecasts to 2026

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Global Weight Management Supplement market revenue by country

The current Weight Management Supplement market size in terms of revenue across 12 countries, along with historic data from 2018 and annual forecasts to 2026 are included in the research. The countries included span across Asia Pacific, Europe, Middle East Africa, North America and South & Central America regions.

Global Weight Management Supplement market analysis by Company

Top 10 leading companies in global Weight Management Supplement market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Weight Management Supplement products and services.

Global Weight Management Supplement market news and recent developments

Latest news and industry developments in terms of Weight Management Supplement capacity expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

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New Era of Weight Management Products Market 2020 Technological Advancement, Trends and Prominent Key Players

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Focus on select sub-segments remains core strategy of Weight Management Products market players due to their potential for growth in the next few years, notes OGAnalysis new report launched in December 2019.

Request Weight Management Products Market Sample @ https://www.oganalysis.com/sample/213340

The industry is concentrated significantly in unorganized space but growing food expenditure in emerging nations is encouraging foreign companies to rapidly expand their investment in domestic Weight Management Products markets.

On the developed markets front, drive towards organic and healthy food and beverages is shaping the product portfolio of Weight Management Products companies. Majority of Weight Management Products manufacturers are investing in Research and Development to market healthy products. Further, acquisition of local players is also increasingly being observed as part of inorganic business expansion strategy worldwide.

Diversifying distribution channels with increasing presence of online and retail chains also acts as market driver, predominantly in developing countries. Shifting preferences towards new flavours, new taste and convenience are set to shape the Weight Management Products product offerings over the medium term future.

Browse Weight Management Products Market Report @ https://www.oganalysis.com/industry-reports/213340/weight-management-products-market

Global Weight Management Products market Insights

Key trends shaping the near and long term future of the industry, drivers, opportunities and restraints of Weight Management Products market, detailed porter’s five forces analysis and competitive insights are included in the research.

Global Weight Management Products market size by type

The 2020 series of global Weight Management Products market size, share, outlook and growth prospects is a comprehensive analysis on global Weight Management Products market conditions. The report presents the detailed annual outlook of each of the sub segments of Weight Management Products across markets to 2026.

Global Weight Management Products market share by applications

Amidst increasing emphasis on new applications and stagnant growth of conventional large applications, the report presents in-depth insights into each of the leading Weight Management Products end user verticals along with annual forecasts to 2026

Request for Special Discount on Weight Management Products Market Report https://www.oganalysis.com/discount/213340

Global Weight Management Products market revenue by country

The current Weight Management Products market size in terms of revenue across 12 countries, along with historic data from 2018 and annual forecasts to 2026 are included in the research. The countries included span across Asia Pacific, Europe, Middle East Africa, North America and South & Central America regions.

Global Weight Management Products market analysis by Company

Top 10 leading companies in global Weight Management Products market are analyzed in the report along with their business overview, operations, financial analysis, SWOT profile and Weight Management Products products and services.

Global Weight Management Products market news and recent developments

Latest news and industry developments in terms of Weight Management Products capacity expansions, acquisitions, organic and inorganic growth strategies, joint ventures and collaborations, product launches, market expansions etc are included in the report.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

Contact Us:

Ambarish

Phone: +1 860 777 1418, +91-7337 01 3757

Email: [email protected]

Website: https://www.oganalysis.com

Follow Us on LinkedIn: https://www.linkedin.com/company/og-analysis/

 

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Global Market

Aloe Vera-based Drink Market Emerging Growth Analysis, Future Demand and Business Opportunities 2026

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Aloe vera is a moist plant, which is cultivated in a tropical climatic condition. It contains vitamins & minerals, folic acid, enzymes, antioxidants, and amino acid. It helps to replenish skin moisture, thus keeping the skin hydrated. In addition, it offers multiple health benefits such as it enhances the functioning of liver, boost nutrients in body, detoxifies cells, and improves digestive system. Moreover, it helps in the treatment of skin-related concerns such as it reduces wrinkles, minimizes itching of irritated skin, and moisturizes dry skin.

Aloe vera imparts a bitter taste that can be displeasing, however, its taste can be enhanced by adding other fruit juices. Aloe vera-based drink serves as a healthy soft drink, which caters to the daily requirements of nutrients in the body.

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Increase in health-conscious consumers and shift in preference for healthy drinks are the key factors that drive the growth of the global aloe vera-based drink market. Moreover, availability of aloe vera-based drinks at both online and offline stores has fueled the market. However, high cost of aloe vera-based drinks as compared other drinks is anticipated to hamper the growth of market in the near future. Moreover, rise in incidence of side effects due to overconsumption of aloe vera drinks such as increase in kidney issues, reduction in potassium levels, blood in the urine, diarrhea, cardiac disturbances, and muscle weakness is expected to restrain the growth of the market. On the contrary, inclination of consumers toward organic drinks is projected to offer lucrative opportunities for market expansion.

The global aloe vera-based drink market is segmented on the basis of type, flavor, distribution channel, and region. Based on type, the market is classified into organic and conventional. By flavor, it is categorized into pomegranate, lychee, orange, apple, peach, and others. Depending on distribution channel, it is segregated into supermarkets/hypermarkets, convenience stores, discount stores, specialty stores, e-commerce, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Major Players: Aloe Farms, Inc., ALO Drinks, Forever Living Products International, Inc., OKF America, Baby International Co., Ltd., NAM VIET F&B, Savia Intl. Co., Ltd., RITA FOOD AND DRINK CO., LTD, Aloe Drink for Life, and Tory’s Choice Inc.

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KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global aloe vera-based drink market from 2018 to 2026 to identify the prevailing market opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the market segmentation assists to determine the prevailing market opportunities.
  • Market player positioning facilitates benchmarking while providing a clear understanding of the present position of the key market players.
  • The report includes analyses of the regional as well as global market, key players, market segments, application areas, and growth strategies.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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