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Thin Film Drug Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Thin Film Drug Manufacturing Market Research Report | Life Sciences | Blood & Organ Banks | Aug 2014

Slivering away: As thin film forms of drugs enter the market, industry demand will rise

IBISWorld’s Thin Film Drug Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Reckitt Benckiser PLC Reckitt Benckiser PLC market share
Industry Statistics & Market Size
Revenue
$922m
Annual Growth 09-14
17.1%
Annual Growth 14-19
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Profit
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Employment
1,098
Businesses
26
Industry Analysis & Industry Trends

Thin film drug manufacturers have experienced rapid revenue growth over the past five years, and this trend is expected to continue over the five years to 2019 as the patent cliff enables more generic drugs to enter the market. Further, over the five-year period, many thin film drug manufacturers will focus on developing a drug pipeline that encompasses more therapeutic classes, such as drugs that treat respiratory-related ailments.... purchase to read more

Industry Report - Starting a New Business Chapter

The Thin Film Drug Manufacturing industry is characterized by high barriers to entry. Overall, the industry is susceptible to a high level of regulation, such as complying with manufacturing regulations related to the Food and Drug Administration's (FDA) current good manufacturing practices (cGMPs). Other factors, such as filling and receiving approval with the FDA for a New Drug Application (NDA), may pose as a barrier to new entrants. FDA monographs set guidelines for ingredients, dosage levels and labeling requirements, while the new drug application process requires the submission of all testing information on humans and animals. This regulation increases costs and extends the time it takes to bring products to market, likely discouraging new entrants... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Thin Film Drug Manufacturing Industry?

This industry manufactures dissolving films or oral drug strips that are used to administer drugs via absorption in the mouth or via the small intestines. Thin film use has emerged as an advanced drug delivery method that makes drugs easy to swallow without water and improves dosing accuracy. Additionally, offering a drug in thin film form can extend product life cycles for pharmaceutical companies that have expiring drug patents and may be exposed to generic competition.

Industry Products
Prescription oral drug stripsNonprescription oral drug stripsPrescription enteric drug stripsNonprescription enteric drug strips
 
Industry Activities
Manufacturing over-the-counter thin film drugsManufacturing prescription thin film drugsDeveloping thin film drug delivery technology


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