
Global Transdermal Skin Patches Market Set For 4.9% Growth, Reaching $9.36 Billion By 2029
The Business Research Company’s Transdermal Skin Patches Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, June 24, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
An integral part in this market landscape are transdermal skin patches market, which have seen steady growth in recent years. From $7.46 billion in 2024, this market is predicted to rise to $7.72 billion in 2025, guided by a compound annual growth rate CAGR of 3.5%.
What Is The Expected Global Transdermal Skin Patches Market Growth Rate?
The projected growth of the transdermal skin patches market from now until 2029 remains promising. It is expected to rise to $9.36 billion as dictated by a CAGR of 4.9%. This surge is driven by significant factors such demographic shifts like aging population, lifestyle changes leading to smoking cessation, and a general increase in healthcare expenditure.
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What's Driving Transdermal Skin Patches Market Growth?
Continued technological advancements in transdermal skin patches, actionable strategies fostering collaborations and partnerships, and essential health conditions needing remedies depict the trends in this forthcoming period. In specific, it's worth noting that transdermal skin patches are being used more frequently for smoking cessation, management of the aging population's health, and treatment of cardiovascular diseases.
Likewise, the increasing prevalence of cardiovascular disease serves to propel the growth of this market further. These illnesses that affect the heart and blood vessels are often accompanied by the development of fatty deposits inside the arteries atherosclerosis and a higher risk of blood clots. Transdermal skin patches are used in managing these conditions, primarily in preventing episodes of angina chest pain among patients with coronary artery disease.
Who Are The Key Industry Players In Transdermal Skin Patches Market?
Key market players, including Novartis, Hisamitsu Pharmaceutical Co., Inc, Henan Lingrui Pharmaceutical, Teva Pharmaceuticals, Luye Pharma Group Ltd, Purdue Pharma L.P., Nitto Denko Corporation, AdhexPharma, Noven Pharmaceuticals, Teikoku Pharma, and Mylan Pharmaceuticals Inc, significantly contribute to the growth trajectory of this market landscape. Along with this, the innovative drive of these companies to develop new or improved solutions to existing health problems enhance their competitive edge in the market.
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How Is The Transdermal Skin Patches Market Segmented?
The transdermal skin patches market is categorized as per product, type, and distribution channel. Each category features specific subsegments such as Drug-in-matrix Patches, Polymer Matrix Patches under Product and Adhesive Matrix Patches With The Drug Incorporated In The Adhesive Layer under Type.
Which Regions Are Leading In The Transdermal Skin Patches Market?
In terms of region, North America led the global transdermal skin patches market in 2024. However, the Middle East is set to become the fastest growing region in the forthcoming years. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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