Global Topical Drug Delivery Market Trend & Growth
Topical drug delivery is defined as the delivery of drugs through topical route like skin, mucus
membrane or cavities in the body. These are applied topically the body. These drugs are applied
locally to avoid the first-pass effect of the drug or for site-specific action. These medications include
foams, lotions, creams, gels, ointments, and others. Topical drug delivery has various benefits such
as site-specificity, better compliance, eliminating fluctuations in the levels of drugs, and improved
suitability for self-medication.
The increase in approval of new drugs from U.S. FDA is expected to drive growth of the global topical
drug delivery market. For instance, in August 2020, the U.S. Food and Drug Administration (FDA)
announced the approval of Cassiopea’s Winlevi drug, which is used for the treatment of topical acne
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In the report, Global Topical Drug Delivery Market has been analyzed through a
segmental perspective. The market segmentation allows a deeper understanding
of the market hotspots.
Furthermore, the increase in prevalence of skin diseases and high incidence of burn injuries,
expected to boost the global topical drug delivery market growth over the forecast period. For
instance, Information provided by the World Health Organization (WHO), around 2 to 3 million cases
of non-melanoma skin cancer and around 132,000 cases of melanoma skin cancer are diagnosed
every year across the globe.
Moreover, new product launches are expected to boost the global topical drug delivery market. For
instance, in February 2021, Almirall U.S., biopharmaceutical company focused on skin health,
launched new drug (Klisyri). It is used as the topical treatment for actinic keratosis (AK) of the face
and scalp. Actinic keratosis (AK) is the most common diagnosis made by dermatologists in the Uni