What is the global market size of Oral Thin Films Market?

Oral Thin Films Market size was valued at USD 2.90 Billion in 2021 and is poised to grow from USD 3.17 Billion in 2022 to USD 6.46 Billion by 2030, at a CAGR of 9.3% during the forecast period (2023-2030).

Oral Thin Films Companies

Oral Thin Films Market Competitive Landscape

Oral Thin Films Market Top Player’s Company Profiles

ZIM Laboratories Limited (India)

IntelGenx Corp. (Canada)

Indivior PLC (UK)

Pfizer Inc. (USA)

Sumitomo Dainippon Pharma Co., Ltd. (Japan)

Novartis International AG (Switzerland)

Monosol Rx LLC (USA)

APR Applied Pharma Research SA (Switzerland)

LTS Lohmann Therapie-Systeme AG (Germany)

Pfizer CentreOne (USA)

Tesa Labtec GmbH (Germany)

NAL Pharma Co., Ltd. (South Korea)

Sun Pharmaceutical Industries Ltd. (India)

BioDelivery Sciences International, Inc. (USA)

ProSolus Pharmaceuticals (USA)

APRILIA S.R.L. (Italy)

Addex Pharma (France)

Medherant Limited (UK)

Mundipharma International Limited (UK)

GSK (GlaxoSmithKline) (UK)

Oral Thin Films Market

FAQs

Oral Thin Films Market size was valued at USD 3.17 Billion in 2022 and is poised to grow from USD 3.46 Billion in 2023 to USD 7.05 Billion by 2031, at a CAGR of 9.3% during the forecast period (2024-2031).

The global oral thin films market is characterized by the presence of several key players vying for market share and striving to differentiate themselves. The competitive dynamics within this market are influenced by factors such as product innovation, manufacturing capabilities, distribution networks, and strategic partnerships. The competitive landscape of the global oral thin films market features a mix of established pharmaceutical companies, specialized drug delivery technology providers, and emerging players. These companies continuously invest in research and development to develop innovative formulations and improve drug delivery capabilities. Manufacturing capabilities and capacity are also key factors in the competitive landscape. Companies with advanced manufacturing facilities and expertise gain a competitive advantage in terms of quality, scalability, and cost-efficiency. Strong manufacturing capabilities allow companies to meet the growing demand for oral thin films and ensure reliable supply to the market. 'ZIM Laboratories Limited (India)', 'IntelGenx Corp. (Canada)', 'Indivior PLC (UK)', 'Pfizer Inc. (USA)', 'Sumitomo Dainippon Pharma Co., Ltd. (Japan)', 'Novartis International AG (Switzerland)', 'Monosol Rx LLC (USA)', 'APR Applied Pharma Research SA (Switzerland)', 'LTS Lohmann Therapie-Systeme AG (Germany)', 'Pfizer CentreOne (USA)', 'Tesa Labtec GmbH (Germany)', 'NAL Pharma Co., Ltd. (South Korea)', 'Sun Pharmaceutical Industries Ltd. (India)', 'BioDelivery Sciences International, Inc. (USA)', 'ProSolus Pharmaceuticals (USA)', 'APRILIA S.R.L. (Italy)', 'Addex Pharma (France)', 'Medherant Limited (UK)', 'Mundipharma International Limited (UK)', 'GSK (GlaxoSmithKline) (UK)'

One of the key drivers in 2022 was the growing patient preference for non-invasive drug delivery methods. Oral thin films offer a convenient and patient-friendly alternative to traditional oral dosage forms like tablets and injections. Patients appreciate the ease of administration, rapid disintegration, and potentially improved medication compliance provided by oral thin films. This driver was further reinforced by the ongoing COVID-19 pandemic, where non-invasive drug delivery methods gained more prominence due to safety concerns.

Complex Manufacturing Processes: A significant restraint in the oral thin films market in 2022 was the complex manufacturing processes associated with these specialized dosage forms. Developing and scaling up the production of oral thin films require advanced equipment, expertise, and stringent quality control. The complexity of manufacturing and associated costs can limit the availability and affordability of oral thin films, hindering market growth.

North America emerges as the dominating region in the global oral thin films market. This region is characterized by advanced healthcare infrastructure, a strong pharmaceutical industry, and a high prevalence of various diseases requiring oral medication. The United States, in particular, contributes significantly to the market due to its robust healthcare system, increasing adoption of innovative drug delivery systems, and a large patient population. Moreover, North America is home to several key players in the oral thin films market, driving the dominance of this region.

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Oral Thin Films Market Size, Share, Growth Analysis, By Type(Sublingual Film, Fully Dissolving Dental/Buccal Film), By Application(Schizophrenia, Migraine, Opioid Dependence, Nausea & Vomiting), By Region - Industry Forecast 2024-2031

Oral Thin Films Market Competitive Landscape

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Oral Thin Films Market Size, Share, Growth Analysis, By Type(Sublingual Film, Fully Dissolving Dental/Buccal Film), By Application(Schizophrenia, Migraine, Opioid Dependence, Nausea & Vomiting), By Region - Industry Forecast 2024-2031

Oral Thin Films Market Competitive Landscape

Oral Thin Films Market Report Snapshots

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What is the global market size of Oral Thin Films Market?

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