The increase in incidence of autoimmune disorders, cancer cases, and respiratory issues, technological advancements, and the rise in research activities by the key players about novel oral transmucosal drugs drive the global oral transmucosal drugs market growth.Oraltransmucosal Drug Market administration was an alternative route in end-of-life care and palliative care during the COVID-19 pandemic. Oral transmucosal drug delivery is the systemic distribution of drugs through the mucous membrane of the oral cavity. It is a preferred approach in palliative care compared to other transmucosal drug delivery since it is practical and easy to use. Oral transmucosal drug delivery is a different method for delivering dose formulations for oral or nasal administration.
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Market Dynamics
Due to the rise in autoimmune illnesses and cancer, the global market for oral transmucosal drugs is likely to grow during the forecast period. Oral cancer and autoimmune illnesses are all diseases that are affecting more and more people worldwide. This increases demand for oral transmucosal medications as they can prevent gastrointestinal degradation and have an immediate start of action.Regulatory challenges are one of the major factors that can impact the development and commercialization of transmucosal drugs. Some of the regulatory challenges faced by transmucosal drugs include: like all pharmaceutical products, transmucosal drugs must undergo rigorous safety and efficacy testing to gain regulatory approval.
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Segment Analysis
Tablets segment accounted for the highest market stake, accounting for approximately 47% of the oral transmucosal drugs market share in 2022, owing to the benefits provided by oral transmucosal tablets are including quick absorption, the convenience of administration, less interaction with other medications, and the factors mentioned above helps tablets segment is likely to hold a significant share of the market. For instance, according to a study published in the National Library of Medicine’s Journal in August 2021, older adults who take multiple medications frequently experience a decrease in salivary output. The study also revealed that dental risks for older adults who have low resting pH and low stimulated salivary flow rates increase by 63%.
Competitive Landscape
The major global players in the market include Pfizer Inc., ZIM Laboratories Limited, Aquestive Therapeutics, Inc, IntelGenx Corp, Indivior PLC, C.L.Pharm Co., Ltd, Seoul Pharmaceuticals, Shilpa Therapeutics, Sunovion Pharmaceuticals, Inc, and CURE Pharmaceutical, among others.
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