PUBLISHER: DelveInsight | PRODUCT CODE: 1656922
PUBLISHER: DelveInsight | PRODUCT CODE: 1656922
Transmucosal Drugs Market by Product (Nasal Spray, Tablet, Film, and Others), Route Of Administration (Oral, Nasal, Sublingual, Buccal, and Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and Geography (North America, Europe, Asia-Pacific, and Rest of the World) is expected to grow at a steady CAGR forecast till 2032 owing to the growing prevalence of chronic diseases and arthritis and increasing R&D activities and collaborations among key players
The transmucosal drugs market was valued at USD 16,652.02 million in 2024, growing at a CAGR of 6.85% during the forecast period from 2025 to 2032 to reach USD 28,191.42 million by 2032. The demand for transmucosal drugs is primarily being boosted by the growing prevalence of chronic diseases such as cardiovascular disease. Rising adoption of transmucosal drugs and increasing R&D activities and collaborations among key players are some of the factors that are responsible for contributing to the positive growth of the transmucosal drugs market during the forecast period from 2025 to 2032.
Transmucosal Drugs Market Dynamics:
The growing prevalence of chronic disease is expected to drive the market growth. According to data provided by the Government of the United Kingdom in March 2024, stated that there were just over 1,862,500 individuals were diagnosed with coronary heart disease (CHD) in the financial year ending 2023 in England. Sublingual tablets are designed to be placed below the tongue, where they rapidly dissolve and are absorbed directly into the bloodstream. This efficient drug absorption facilitates rapid relief for patients suffering from angina and coronary heart disease. Medications such as Nitrostat contain nitroglycerin and are used to alleviate chest pain (angina) in patients with coronary artery disease, a condition characterized by reduced blood flow to the heart. Therefore, the rising prevalence of chronic disease is expected to propel the market growth.
According to the Government of the United Kingdom in February 2024, it was reported that 21.8% of the adult population experienced depression or anxiety in the United Kingdom between 2021 and 2022. Buccal Lorazepam is used for the acute management of anxiety or seizures in specific situations. These formulations allow for rapid absorption through the mucous membranes in the mouth to provide immediate onset of action. Thus, rising neurological disorders are expected to drive the market growth.
The market growth is bolstered by the increased R&D activities by key players focused on developing advanced drugs. These players are concentrating their efforts on developing innovative medicated films that offer a rapid onset of action to enhance the efficacy of transmucosal drugs. For instance, in March 2022, Evonik launched EUDRATEC SoluFlow based on micro-particle technology for the development of oral drugs. This innovative micro-particle technology enhances the solubility of active pharmaceutical ingredients in oral drug products. Such technological innovations by key players are expected to foster market expansion.
However, stringent regulatory requirements for drug approval and limitations associated with transmucosal drug absorption, among others are some of the key constraints that may limit the growth of the transmucosal drugs market.
Transmucosal Drugs Market Segment Analysis:
Transmucosal Drugs Market by Product (Nasal Spray, Tablet, Film, and Others), Route of Administration (Oral, Nasal, Sublingual, Buccal, and Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), and Geography (North America, Europe, Asia-Pacific, and Rest of the World)
In the product segment of the transmucosal drugs market, the tablet category is estimated to amass a significant revenue share in the transmucosal drugs market in 2024. This can be attributed to the advantages provided by buccal and sublingual tablets. The major advantage associated with this category is the rapid onset of action of active substances formulated in the buccal and sublingual tablets. They can be placed below the tongue where they absorb quickly and produce immediate effect. This tablet is developed to reduce first-pass metabolism enhance bioavailability of drugs and be convenient for patients having gastrointestinal irritation. Such advantages associated with buccal and sublingual tablets is contributing to the segment growth.
Key players in the market are developing transmucosal tablet products to strengthen their position in the market. Key players are developing drugs to increase their pharmaceutical portfolio and reinforces dedication to addressing the diverse needs of patients. For instance, in February 2024, Adalvo Limited launched Desmopressin sublingual tablets in France for the treatment of diabetes insipidus, primary nocturnal enuresis, and nocturia. Such product launches are expected to drive the market growth.
Therefore, the various advantages and applications provided by the tablet category will contribute to the growth of the segment, thereby driving the growth of the overall transmucosal drugs market during the forecast period.
North America is expected to dominate the overall transmucosal drugs market:
North America is expected to account for the highest proportion of the transmucosal drugs market in 2024, out of all regions. This is due to the rising prevalence of chronic diseases such as hypertension and neurological disease coupled with increasing R&D activities by key players are some of the key factors driving the growth of the transmucosal drugs market in North America.
As per the article published by the Centers for Disease Control and Prevention (CDC) in 2022, published that, an estimated 523 million people were suffering from cardiovascular disease across the globe. The nitroglycerin sublingual table is widely used for the acute management of angina pectoris. This drug acts by dilating coronary arteries and veins to reduce cardiac pressure and enhance blood flow to the heart to treat sudden heart pain. Therefore, the rising prevalence of heart disease is expected to propel the market growth in the region.
Major players in the market are developing innovative medicines for the treatment of neurological disorders. For instance, in April 2022, BioXcel Therapeutics, Inc., announced that the U.S. Food and Drug Administration (FDA) approved IGALMITM (dexmedetomidine) sublingual film for the acute treatment of agitation associated with schizophrenia or bipolar I or II disorder in adults. Such drug development by key players is expected to foster market growth in the region.
Therefore, the rising cases of chronic disease and product launches by key players are some of the key factors that are driving the growth of the transmucosal drugs market in North America.
Transmucosal Drugs Market Key Players:
Some of the key market players operating in the transmucosal drugs market include Teva Pharmaceutical Industries Ltd, Indivior PLC, GSK plc, Emergent BioSolutions Inc., Bayer AG, AbbVie Inc., Organon group of companies, Pfizer Inc., Prestige Consumer Healthcare, Inc., Merck & Co., Inc., Aquestive Therapeutics, Inc., Ferring, Novartis AG, Adalvo Limited, Sumitomo Pharma Co., Ltd., ZIM LABORATORIES LIMITED, BioXcel Therapeutics, Inc., BIAL, Almac Group, Boehringer Ingelheim International GmbH, and others.
Recent Developmental Activities in the Transmucosal Drugs Market:
Key Takeaways from the Transmucosal Drugs Market Report Study
Target Audience who can be benefited from this Transmucosal Drugs Market Report Study
Frequently Asked Questions for the Transmucosal Drugs Market: