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Saudi Arabia Transdermal Skin Patches Market to Expand at a Promising CAGR of 4.7% during the Forecast Period of 2017-2025

Press release Description

Albany, New York, July 21, 2017: Transdermal patches has many benefits over conventional drug delivery procedures like reduced side effects caused due use of oral tablets or pills. They also rise the bioavailability of the medicine as it does not need to be digested first. This helps in keeping the drug chemically unchanged which enable direct access of the drug to the tissue where it can take effect through the bloodstream. In light of these reasons, a new research report with a title “Transdermal Skin Patches Market – Kingdom of Saudi Arabia (KSA) Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has been recently added to the vast online repository of Market Research Reports Search Engine (MRRSE). This report on transdermal skin patches market analyzes its current status as well as future prospects of the industry in Kingdom of Saudi Arabia.

The Saudi Arabia transdermal skin patches market is expected to grow at a CAGR of 4.7% between 2017 and 2025. Expanding at this pace, the market will reach a valuation of US$67.41 million by the end of 2025 from US$44.96 million in 2016. This market report entails a comprehensive executive summary, which includes market snapshot that gives valuable information about different segments of the market. Besides this, the report evaluates market dynamics such as drivers, restraints, risks and opportunities that impact the transdermal skin patches market in the present and future scenario. The report also provides value chain analysis of the market that examines the arrangement of activities involved, from identification of the industrial need to their final reach to the end-users. Also, the report offers Porter’s five force analysis that describes five factors and their influence on the transdermal skin patches market.

The report also provides information and data analysis of the industry with respect to market segments based on product type, application, distribution channel and geography. Based on product type, the global market is segregated into Drug in Adhesive, Matrix, Reservoir and Vapor. In terms of application, the Saudi Arabia transdermal skin patches market is segmented into Pain Relief, Nicotine Cessation, Hormone replacement therapy, Motion Sickness, Neurological Disorders, Cardiovascular Disorders and Others.

Finally, the report profiles the key players operating in the market and provides different attributes such as financial overview, company overview, product offering, business strategies and major recent developments. Major companies profiled in the transdermal skin patches market include Novartis, Mylan, Teva Pharmaceuticals, Luye Pharma, Purdue Pharma, Johnson & Johnson, Hisamitsu Pharmaceutical and Mundipharma.

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