Pharmaceutical Market
The global pharmaceutical market is a large and growing industry: In 2024 the total value has been estimated at about 1.8 trillion USD with an approx. annual growth rate of 7.4% the next years.
North America currently holds the largest market share, but emerging markets are experiencing significant growth as well.
The increasing prevalence of chronic diseases, aging populations, and rising healthcare spending are the main reasons for this growth. Key areas of growth are for example oncology, autoimmune diseases, and diabetes.
Transdermal Patches & Oral Films
Transdermal patches and Oral Films can enhance the safety and efficacy profiles of conventional oral or injection formulations, as they bypass first-pass metabolism and provide more consistent plasma levels of the active pharmaceutical ingredient (API).
Easy to carry and simple to apply or take, patches and films can also improve compliance and offer greater convenience for patients.
