SOURCE: Kalorama Information
NEW YORK, NY--(Marketwire - Sep 18, 2012) - The market for drugs delivered through the skin by the use of patches and other technologies is expected to reach $8.1 billion in 2012, according to Kalorama Information. The healthcare market research publisher said transdermally-delivered drug products are now being marketed successfully in areas other than the popular smoking cessation patches normally associated with this technology. Further growth in transdermal drug delivery will likely be driven by the continued expansion of biotechnology drugs that require novel delivery methods and by the loss of patent protection for many biopharmaceutical drugs, according to Kalorama's recently published report, "The World Market for Transdermal Drug Delivery."
"Transdermal and transmucosal drug delivery methods greatly enhance patient compliance, especially with the elderly, due to their ease of use," said Bruce Carlson, publisher of Kalorama Information. "These technologies are also popular with healthcare facilities as they help to reduce possibilities of contamination and infection."
According to the report, there are several benefits to transdermal drug delivery including continuous, controlled release and absorption of medication into the body and the ability to avoid presystemic metabolism which may occur following oral dosing, including both intestinal and hepatic first-pass metabolism. It can also offer more convenient dosing regimens, such as once or twice weekly dosing, and the ability to quickly discontinue treatment by removal of the patch. ALZA, 3M Pharmaceuticals, Cephalon, Antares Pharma, Labtec GmbH, Apricus Bio, Macrochem are among the companies that sell transdermal drug products or develop technology for them.
To date, there are numerous transdermal products that have gained significant commercial success and provided unique benefits for patients. These include Estraderm (CIBA) for estradiol, Duragesic (Janssen) for fentanyl, Testoderm (ALZA) for testosterone, and Minitran (3M) for nitroglycerin. According to Kalorama's report, these products and others are driven by advances in biotechnology and molecular biology which have resulted in a large number of novel molecules that would otherwise face significant obstacles in the process of delivery into the patient's body. Additionally, advancements in materials used for transdermal and transmucosal drug delivery have also had a substantial effect on revenues, according to the report.
The full report, "The World Market for Transdermal Drug Delivery" has profiles of top companies, a discussion of trends and potential obstacles for marketers, historical market sizes and forecasts, and breakouts for markets by region and by type of disease treated.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog.