The oral transmucosal drugs market size is expected to see strong growth in the next few years. It will grow to $56.83 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The anticipated growth in the forecast period can be attributed to several significant factors, including advancements in personalized medicine leading to tailored treatments for individuals, increasing research focused on developing novel drug delivery systems for improved efficacy and patient experience, the expanding geriatric population necessitating specialized healthcare solutions, growing awareness of oral health leading to demand for oral transmucosal drugs, a rising preference for non-invasive treatment options among patients, and evolving regulatory landscapes shaping the pharmaceutical industry. Major trends expected in this period encompass the adoption of novel formulations for oral transmucosal drugs, personalized medicine approaches that customize treatments based on genetic and physiological factors, advancements in telehealth services facilitating remote patient monitoring and consultations, the integration of digital health technologies in pharmaceutical practices for enhanced patient care and management, and ongoing technological innovations in drug development and delivery systems.
The growth of the oral transmucosal drug market is expected to be driven by the increasing incidence of Parkinson's disease. Parkinson's disease is a progressive neurological disorder characterized by tremors, stiffness, and movement difficulties due to a decline in dopamine-producing cells in the brain. Factors contributing to the rising prevalence of Parkinson's disease include aging populations, environmental pollutants, genetic vulnerabilities, and improved diagnostic capabilities that enhance detection rates. Oral transmucosal drugs play a crucial role in supporting Parkinson's disease treatment by enabling rapid drug absorption and overcoming digestive challenges, resulting in quicker relief, improved adherence, and potentially fewer motor complications. For example, the Parkinson's Foundation reported that approximately 1 million individuals in the United States currently have Parkinson's disease, expected to rise to 1.2 million by 2030. This trend underscores how the increasing incidence of Parkinson's disease is fueling the expansion of the oral transmucosal drug market.
Leading companies in the oral transmucosal drug market are focused on developing innovative drug delivery solutions, such as sublingual vitamin sprays, to enhance drug delivery efficiency, enhance patient convenience, and optimize therapeutic outcomes. A sublingual vitamin spray is a drug delivery system that delivers vitamins directly into the bloodstream through the mucous membranes under the tongue, bypassing the gastrointestinal tract and liver metabolism for rapid and efficient absorption. For instance, Vestige Marketing introduced Absorvit in October 2022, a sublingual vitamin spray that offers swift absorption and rapid results, providing 3-10 times greater absorption than traditional oral methods. It contains upgraded forms and precise doses of essential vitamins, including B12, C, D, and multivitamins, ensuring optimal nutrient delivery for improved wellness.
In January 2024, XOMA Corporation acquired DSUVIA from Talphera, Inc. for $8 million, aiming to capitalize on revenue from DSUVIA, a sufentanil sublingual tablet, while collaborating with Talphera and leveraging potential milestones from Alora Pharmaceuticals in the development of oral transmucosal drugs. Talphera Inc. is a pharmaceutical company involved in oral transmucosal drug development.
Major companies operating in the oral transmucosal drugs market are Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Sanofi-Aventis LLC, AstraZeneca PLC, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Eli Lilly & Company Ltd., Boehringer Ingelheim International GmbH, Viatris Inc., Teva Pharmaceutical Industries Ltd., Biogen Inc., Actavis Pharma Inc., Sun Pharmaceutical Industries Limited, Dr. Reddy's Laboratories Ltd., Endo Pharmaceuticals Inc., Lupin Limited, Zydus Lifesciences Limited, Mallinckrodt Pharmaceuticals Plc, Glenmark Pharmaceuticals Limited, Jubilant Life Sciences Limited, Torrent Pharmaceuticals Ltd., Alembic Pharmaceuticals Ltd, Wockhardt Ltd.
North America was the largest region in the oral transmucosal drugs market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oral transmucosal drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oral transmucosal drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Oral transmucosal drugs are medications designed to be absorbed through the mucous membranes in the mouth, offering rapid effects while bypassing initial metabolism in the liver and gastrointestinal tract. These drugs are commonly utilized for conditions requiring swift relief, such as pain management, and for patients facing challenges with swallowing pills.
The primary types of oral transmucosal drugs include tablets, films, liquid formulations, sprays, and other related forms. Tablets within this category are solid dosage forms intended for administration through the mucous membranes in the mouth. They are indicated for various conditions such as opioid dependence, nausea and vomiting, erectile dysfunction, neurological disorders, and others, typically administered via the sublingual or buccal mucosa routes and distributed through hospital pharmacies, retail pharmacies, and online platforms.
The oral transmucosal drugs market research report is one of a series of new reports that provides oral transmucosal drugs market statistics, including oral transmucosal drugs industry global market size, regional shares, competitors with oral transmucosal drugs market share, detailed oral transmucosal drugs market segments, market trends, and opportunities, and any further data you may need to thrive in the oral transmucosal drugs industry. This oral transmucosal drugs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The oral transmucosal drugs market consists of sales of buccal patches, sublingual tablets, lozenges, and oral transmucosal powders. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Oral Transmucosal Drugs Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on oral transmucosal drugs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for oral transmucosal drugs? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The oral transmucosal drugs market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Tablets; Films; Liquid And Spray; Other Product Types2) By Indication: Opioid Dependence; Nausea And Vomiting; Erectile Dysfunction; Neurological Disorders; Other Indications
3) By Route Of Administration: Sublingual Mucosa; Buccal Mucosa; Other Routes Of Administration
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
Key Companies Mentioned: Pfizer Inc.; Merck & Co. Inc.; AbbVie Inc.; Sanofi-Aventis LLC; AstraZeneca PLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Pfizer Inc.
- Merck & Co. Inc.
- AbbVie Inc.
- Sanofi-Aventis LLC
- AstraZeneca PLC
- Abbott Laboratories
- Novartis AG
- GlaxoSmithKline plc
- Eli Lilly & Company Ltd.
- Boehringer Ingelheim International GmbH
- Viatris Inc.
- Teva Pharmaceutical Industries Ltd.
- Biogen Inc.
- Actavis Pharma Inc.
- Sun Pharmaceutical Industries Limited
- Dr. Reddy's Laboratories Ltd.
- Endo Pharmaceuticals Inc.
- Lupin Limited
- Zydus Lifesciences Limited
- Mallinckrodt Pharmaceuticals Plc
- Glenmark Pharmaceuticals Limited
- Jubilant Life Sciences Limited
- Torrent Pharmaceuticals Ltd.
- Alembic Pharmaceuticals Ltd
- Wockhardt Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | July 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 39.7 Billion |
Forecasted Market Value ( USD | $ 56.83 Billion |
Compound Annual Growth Rate | 9.4% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |