Topical Drug Delivery Market | Exactitude Consultancy Reports

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Topical Drug Delivery Market By Type (Semi-solid, Solid, Liquid), by Route (Dermal, Ophthalmic), by Facility Of Use (Homecare setting, Hospitals, Burn Centers) And Region, Global Trends And Forecast From 2022 To 2029

The topical drug delivery market is expected to grow at 8.9% CAGR from 2022 to 2029. It is expected to reach above USD 219.10 billion by 2029 from USD 101.7 billion in 2020.

Segment Analysis
The topical drug delivery market is segmented based on type, route, facility of use, and region.

By type the market is bifurcated into semi-solids, solids and liquids.

In terms of type the semi-solid formulations market segment held the greatest market share in 2021. This segment’s significant market share can be ascribed to APIs’ potential for use in customized medicine as well as their low density, improved absorptive characteristics, and capacity to be more stable in atmospheric conditions than liquid and solid forms. These dose forms don’t dehydrate and don’t affect how skin works.

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