According to the report, the global oral film market was valued at US$2.6 billion in 2019. The compound annual growth rate from 2020 to 2030 is expected to be around 9%. Oral film preparations are a promising form of drug delivery that deliver drugs by attaching to the oral mucosa. Rise in demand for thin film drug delivery systems, considerable research & development, and strategic alliances between novel technology owners and large pharmaceutical companies are major factors that are anticipated to drive the global oral thin films market during the forecast period. Rise in demand for thin film drug delivery systems, considerable research & development, and strategic alliances between novel technology owners and large pharmaceutical companies are major factors that are anticipated to drive the global oral thin films market during the forecast period. Growing demand for thin film drug delivery systems, massive research and development, and strategic alliances between new technology owners and major pharmaceutical companies are the main factors expected to drive the global oral thin film market over the forecast period. Increasing demand for thin film drug delivery systems, massive research and development, and strategic alliances between new technology owners and major pharmaceutical companies are major factors expected to drive the global oral thin film market over the forecast period.
The oral film market in Europe is expected to grow at a high rate of 11.2% on average between 2020 and 2030 due to an increase in the number of elderly patients with dysphagia and an increase in the adoption of oral films in the region.
The demand for thin film drug delivery system is rising due to benefits such as larger surface area, precision medication, and pleasant color & flavor over traditional drug delivery systems. The demand for thin film drug delivery system is rising due to benefits such as larger surface area, precision medication, and pleasant color & flavor over traditional drug delivery systems. Demand for thin film drug delivery systems is growing due to advantages such as large surface area, drug accuracy, and pleasant color and taste compared to traditional drug delivery systems. Demand for thin film drug delivery systems is growing due to advantages such as large surface area, precise drug, and pleasant color and taste compared to traditional drug delivery systems. Thin-film preparations are reported to be the preferred choice for patients and practitioners as they are more patient-friendly and provide high-quality results. Oral film preparations provide high patient adherence and are easy to store and transport. In addition, they provide accurate and accurate dosing with the desired effective results. Therefore, the market for thin-film drug delivery systems is very attractive. High recognition and significant advantages contribute to the further development of the global oral film market.
In terms of product, the global oral film market has been divided into sublingual films, instant oral films and buccal films. The sublingual film segment dominated the global oral film market in 2019 and this trend is expected to continue over the forecast period. The strong R&D activity, robust product line, and wide market penetration of sublingual films are expected to drive the development of this segment during the forecast period.
In terms of indication, the global oral thin films market has been categorized into pain management, neurological disorders, nausea & vomiting, opioid dependence, and others. In terms of indication, the global oral thin films market has been categorized into pain management, neurological disorders, nausea & vomiting, opioid dependence, and others. In terms of indications, the global oral thin film market is categorized into painkillers, neurological disorders, nausea and vomiting, opioid addiction, and others. In terms of indications, the global oral film market has been divided into pain relief, neurological disorders, nausea and vomiting, opioid addiction, and others. In 2019, the neurological disease segment accounted for the bulk of the global oral film market. An increase in the prevalence of neurological disorders is expected to drive the segment over the forecast period.
Japan and China are expected to become lucrative oral film markets during the forecast period. The presence in these countries of a large number of elderly patients with dysphagia, combined with increased healthcare costs, is expected to drive the development of the market in the Asia-Pacific region over the next few years.
Post time: Aug-10-2022