Transdermal Drug Delivery Systems Market Recent Scope, Growing Popularity, Emerging Trends in the Market

According to the latest report by IMARC Group, titled “Transdermal Drug Delivery Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global transdermal drug delivery systems market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 6% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Transdermal drug delivery systems involve a painless method of delivering drugs through the skin systematically. It is a preferred non-invasive alternative to the parenteral route and oral intravascular mode of drug delivery into the body. This method involves the penetration of drugs via the stratum corneum, which passes through the epidermis and dermis without the accumulation of drugs into the dermal layer of the skin. It is widely utilized for the treatment of chronic and acute illnesses as well as cosmetic therapies.

The global market is primarily driven by significant growth in the healthcare sector. Moreover, continual technological advancements across the industry, such as the introduction of iontophoresis that facilitates self-administration of drugs, are creating a positive outlook for the market. The rising investments by public and private firms to upgrade the existing healthcare infrastructure are also contributing to the market growth. Other factors, including the increasing preference for non-invasive treatments among the masses and extensive research and development (R&D) activities, are propelling the market growth further. 

Transdermal Drug Delivery Systems Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the global transdermal drug delivery systems market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

·       3M Company

·       Acrux Limited

·       Boehringer Ingelheim International GmbH

·       Hisamitsu Pharmaceutical Co. Inc.

·       Lavipharm S.A.

·       LEAD CHEMICAL Co. Ltd.

·       Luye Pharma Group

·       Nutriband Inc.

·       Viatris Inc.

Key Market Segmentation:

The report has segmented the global transdermal drug delivery systems market on the basis of technology, application and region.

Breakup by Technology:

·       Electroporation

·       Radiofrequency

·       Iontophoresis

·       Microporation

·       Thermal

·       Mechanical Arrays

·       Ultrasound

·       Others

Breakup by Application:

·       Central Nervous System

·       Pain Management

·       Cardiovascular

·       Hormone

·       Others

Breakup by Region:

·       North America

·       Asia-Pacific

·       Europe

·       Latin America

·       Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/transdermal-drug-delivery-systems-market

Key highlights of the report:               

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Saudi Arabia Cat Food Market Size, Demand, Trends and Forecast By 2027

According to the latest report by IMARC Group, titled “Saudi Arabia Cat Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Saudi Arabia cat food market reached a value of US$ 31.8 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of around US$ 50.9 Million by 2027.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Report Sample: https://www.imarcgroup.com/Saudi-arabia-cat-food-market/requestsample

Cat food refers to commercially prepared food, made of animal- or plant-based materials, intended for the consumption of domesticated cats. It acts as an excellent source of proteins, fats, carbohydrates, and several other nutrients, such as minerals, vitamins, and amino acids. Cat food primarily includes poultry, meat, fish meal, milk products, fiber sources, grain, etc. Since cats are considered sacred, cheaper, and cleaner to buy and maintain, they are one of the most preferred pets in Saudi Arabia. As a result, the cat food market in the country has experienced sustained growth over the years.

The growing awareness among pet owners about the benefits offered by cat food providing essential nutrients, enhancing immune system, combating skin allergies, promoting healthy skin and a shiny coat, etc., is augmenting the market growth. Additionally, the rising popularity of customized treats and diet plans for cats is also propelling the market growth in Saudi Arabia. Moreover, the increasing shift towards premium cat food products with better nutritional value is further bolstering the market growth. Besides this, the expanding organized retail sector has enabled consumers to choose between different cat food products and brands in one place, which is expected to foster the market growth in the coming years.

Saudi Arabia Cat Food Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the Saudi Arabia cat food market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the Saudi Arabia cat food market on the basis of product type, ingredient type and distribution channel.

Breakup by Product Type:

• Dry Food

• Wet & Canned Food

• Snacks & Treats

Breakup by Ingredient Type:

• Animal Derivatives

• Plant Derivatives

• Cereal Derivatives

• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets

• Convenience Stores

• Online Stores

• Others

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/Saudi-arabia-cat-food-market

Key highlights of the report:

• Market Performance (2016-2021) 

• Market Outlook (2022-2027)

• Industry Trends

• Market Drivers and Success Factors

• The Impact of COVID-19 on the Global Market

• Value Chain Analysis

• Structure of the Global Market

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

Saudi Arabia Dog Food Market Analysis and Growing Opportunity by 2026

Organic and Natural Pet Food Market Demand in South Korean Market: Industry Analysis and Demand Forecast, 2026

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:

IMARC Group

30 N Gould St, Ste R

Sheridan, WY 82801, USA

Email: sales@imarcgroup.com

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800  

Why are Buses Sales Booming in United State?

The U.S. bus market will reach $11,237.7 million by 2030 at a CAGR of 4.7% during the forecast period, from $7,453.4 million in 2021. This is owing to the rapid urbanization and rising government spending on the advancement of public transport vehicles. Compared to traveling by personal vehicles, they conserve fuel and release lower levels of volatile chemicals into the air. Apart from this, they also meet economical standards, as the cost of traveling by public transport is a lot less than that of a single gallon of gasoline and diesel.

The electric category in the U.S. bus market will have the fastest growth within the propulsion segment, at a CAGR of approximately 30%, in the coming years. This can be ascribed to the subsidies, financial incentives, and tax credits offered by the federal and state governments on the sale of electric buses. Since these are high-occupancy vehicles, they certify for exemptions from toll charges in various states, such as Colorado, Georgia, California, Hawaii, and Arizona.

The schools bus category dominated the U.S. bus market, with approximately 55% share, in 2021. The same trend will be resumed in the vehicle type segment in the forecast period owing to the status of these buses as the largest sources of mass transportation in the nation. Standard buses are used extensively in schools as well as public transportation. It will maintain the dominance in the market at a higher growth rate owing to the negligible demand for customizable buses in schools.

To obtain a competitive advantage, major companies in the U.S. bus market have participated in partnerships, collaborations, and product launches in recent years. These companies are NFI Group Inc., AB Volvo, Blue Bird Corporation, BYD Company Limited, GreenPower Motor Company Inc., Lion Electric Company, Daimler Truck AG, GILLIG LLC, Navistar International Corporation, and REV Group Inc. For instance, the BZL Electric bus chassis was launched by AB Volvo in the country in September 2021. These buses are designed to help governments transition their public transportation fleets to non-emission variants.

Hence, the rapid urbanization and rising government spending on the advancement of public transport vehicles will offer lucrative opportunities in the market.

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