Rapid advancements in drug delivery technologies have provided a significant stimulus to the demand for oral thin films. Incorporation of key breakthroughs as biotechnology and polymerization has greatly assisted prominent manufacturers in developing highly effective product portfolios, expanding their revenue pools and attracting a huge customer base. According to Fact.MR, the market is projected to surpass US$ 6 billion by 2031, expanding at a CAGR of approximately 9%.
The rising burden of the indicated diseases and widening applications of oral thin films are primary factors for the market growth. According to Parkinson’s Foundation 2020, more than 10 million people worldwide are living with Parkinson’s disease. About one million are living with Parkinson’s disease in the United States by 2020. Moreover, the incidence of Parkinson’s disease increases with age, the aging population around the world positively impacts the market growth.
To know the scope of our report Get a Sample on Oral Thin Films Market: https://www.factmr.com/connectus/sample?flag=S&rep_id=5776
Key Questions Answered in Report
• Which are the most lucrative markets for oral thin films?
• Which factors will impact the growth of the oral thin films market?
• How will changing trends impact the strategies of market players?
• How can market players capture the low-hanging opportunities across regions?
• Which companies are leading manufacturers of oral thin films?
• What are the winning strategies of stakeholders in the market?
According to the Migraine Research Foundation, in 2018, the migraine had affected 39 million men, women, and children in the United States, and around 1 billion people, globally. Migraine is found to affect about 28 million women in the United States.
Competitive Landscape
• Fact.MR’s report on the oral thin films market has profiled the following prominent players: ZIM Laboratories Ltd., Indivior Plc., Aquestive Therapeutics Inc., LIVKON Pharmaceuticals Pvt. Ltd., Shilpa Therapeutics Pvt. Ltd., Sunovion Pharmaceuticals Inc., NAL Pharma, CURE Pharmaceutical, IntelGenx Corp., Dr. Reddy’s Laboratories, Kyu Pharmaceutical Co. Ltd., Seoul Pharma Co. Ltd., and C.L. Pharm.
• In March 2021, CURE Pharmaceutical’s subsidiary Sera Labs launched a robust national advertising campaign for its Nutri-Strips thin-film product titled Sleep A.S.A.PTM across the US. The Sleep A.S.A.PTM is a non-addictive strip that activates on the tongue and delivers efficient sleep agents including Melatonin and GABA. The campaigns seeks to target 70% of American adults who suffer from sleep deprivation, coinciding with the National Sleep Awareness month.
• Also, IntelGenx Corp. completed its first shipment of 75,000 CBD Filmstrips to Heritage Cannabis Holdings Corp. These films are intended purely for medical grade use across Canada. These strips were produced at IntelGenx’s manufacturing facility under Canadian GPP conditions and registered as a product for sale with Health Canada as a cannabis product.
Expanding operations in future? To get the perfect launch ask for a custom report https://www.factmr.com/connectus/sample?flag=RC&rep_id=5776
Key Market Segments
Product
• Sublingual Oral Thin Films
• Fast Dissolving Oral Thin Films
• Buccal Oral Thin Films
Indication
• Pain Management
• Neurological Disorders
• Nausea & Vomiting
• Opioid Dependence
• Others
Distribution Channel
• Oral Thin Films Sold at Hospital Pharmacies
• Oral Thin Films Sold at Retail Pharmacies
• Oral Thin Films Sold through Online Pharmacies
Region
• North America (US and Canada)
• Europe (Germany, UK, France, Spain, Italy and Rest of Europe)
• Asia-Pacific (Japan, China, India, Australia & New Zealand and Rest of APAC)
• Latin America (Brazil, Mexico and Rest of LATAM)
• Middle East & Africa (GCC, South Africa and Rest of MEA)
For in-depth competitive analysis, Buy Now – https://www.factmr.com/checkout/5776
Key Takeaways from Market Study
• Sublingual oral films to remain highly preferred product amid high dissolvability rate
• By indication, neurological disorders treatment is poised to make maximum use of oral thin films
• Over-the-counter sales of oral thin films across retail pharmacies to incline, while online pharmacy sales to rise in equal measure
• Extension of patent protection durations of key pharmaceutical formulations heightening oral thin film manufacturing in the U.S.
• The U.K. to experience high uptake of oral thin films, attributed to rising opioid dependence and abuse cases
• Germany to open new growth frontiers amid deepening nanotechnology in drug manufacturing activities
• Increasing efforts to bolster pharmaceutical research heightening France’s growth prospects
For More Insight- https://www.einpresswire.com/article/557146132/asia-to-account-for-40-of-the-market-share-of-nano-lubricants-over-the-forecast-period
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Written By
Head Guards Market research Report is an inestimable supply of insightful data for business strategists. This Head Guards Market study provides extensive data which enlarge the understanding, scope, and application of this report. A specified study of the competitive landscape of the global Head Guards Market has allow, providing insights into the corporate profiles, financial position, recent ...
Global extremities reconstruction market to register a significant CAGR growth of 6.1% over the forecast period 2017 to 2022. Revenues from the global market for extremities reconstruction are expected to exceed US$ 2,000 Million by 2022-end. With the growin...
The report offers insight into the Competitive Dynamic in Biobanking Equipment Market which has shaped the major strategies of each player. It also covers recent moves such as partnerships and collaborations, mergers and acquisitions, diversification and research i...
According to the recent research by Fact MR, the endoscope cleaning products market is anticipated to witness 7.8% growth during the forecast period from 2021 to 2031. This noteworthy growth will be experienced due to the high prevalence of endoscopic-related inf...