Global Topical Drugs Market Size & Outlook, 2024-2030
Global topical drugs market, 2018-2030 (US$M)
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Global topical drugs market highlights
- The global topical drugs market generated a revenue of USD 110,724.4 million in 2021 and is expected to reach USD 245,952.2 million by 2030.
- The market is expected to grow at a CAGR (2022 - 2030) of 9.3% by 2030.
- In terms of segment, dermal drug delivery accounted for a revenue of USD 59,472.8 million in 2021.
- Dermal Drug Delivery is the most lucrative route of administration segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, Japan is expected to register the highest CAGR from 2022 to 2030.
Global data book summary
| Market revenue in 2021 | USD 110,724.4 million |
| Market revenue in 2030 | USD 245,952.2 million |
| Growth rate | 9.3% (CAGR from 2021 to 2030) |
| Largest segment | Dermal drug delivery |
| Fastest growing segment | Dermal Drug Delivery |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dermal Drug Delivery, Ophthalmic Drug Delivery, Rectal Drug Delivery, Vaginal Drug Delivery, Nasal Drug Delivery |
Other key industry trends
- In terms of revenue, the North America accounted for 35.3% of the global topical drugs market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 15,311.8 million by 2030.
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Topical Drugs Market Scope
Topical Drugs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global topical drugs market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to topical drugs market will help companies and investors design strategic landscapes.
Dermal drug delivery was the largest segment with a revenue share of 53.71% in 2024. Horizon Databook has segmented the Global topical drugs market based on dermal drug delivery, ophthalmic drug delivery, rectal drug delivery, vaginal drug delivery, nasal drug delivery covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Topical Drugs Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Dermal Drug Delivery
- Ophthalmic Drug Delivery
- Rectal Drug Delivery
- Vaginal Drug Delivery
- Nasal Drug Delivery
- Global Topical Drugs Type Outlook (Revenue, USD Million, 2018-2030)
- Semi-solid Formulations
- Creams
- Ointments
- Lotions
- Gel
- Pastes
- Liquid Formulations
- Suspensions
- Solution
- Solid Formulations
- Powders
- Suppositories
- Transdermal Products
- Transdermal Patches
- Transdermal Semi-Solids
- Semi-solid Formulations
- Global Topical Drugs End Use Outlook (Revenue, USD Million, 2018-2030)
- Home Care Settings
- Hospitals & Clinics
- Burn Centers
- Other Facilities
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global topical drugs market databook
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Our clientele includes a mix of topical drugs market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global topical drugs market , including forecasts for subscribers. This global databook contains high-level insights into Global topical drugs market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global topical drugs market report size, by regions, 2018-2030 (US$M)
Top 10 countries: Topical drugs market report size, 2024 (US$M)
Global topical drugs market report share, by route of administration, 2024 & 2030 (%, US$M)
Topical drugs market: Opportunity assessment by country
Global topical drugs market, by region, 2024 (US$M)
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