According to a new report Global Topical Dispenser Market, published by KBV research, The Global Topical Dispenser Market size is expected to reach $777.6 Million by 2026, rising at a market growth of 8.3% CAGR during the forecast period.
The metered topical dispenser segment accounted for the largest revenue share in 2019. It is commonly used to dispense a wide spectrum of transdermal drugs ranging from moisturizers, skincare to bio-identical hormone replacement therapy. The Swab Topical Dispensers market is expected to witness a CAGR of 8.7% during (2020 - 2026).
The semi-solid segment represented a dominant market share and is foreseen to keep up its dominance over the coming years. Immense utilization of a semi-solid dosage expected to fix different skin diseases is stimulating the segment growth. The liquid dosage form segment is foreseen to grow at the highest growth during the preferred period, as there is an expanding inclination for fluid medicine in the business.
The North American market grabbed significant market traction and is anticipated to dominate the market over the coming years. Increasing instances of psoriasis are evaluated to stimulate the development of the regional market over the forecast time frame. Establishing a pharmaceutical industry in nations like China and India is expected to drive the topical applicators market during the forecast period. Additionally, The Europe market is estimated to grow at a CAGR of 7.9% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/topical-dispenser-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Johnson and Johnson, Novartis AG, Merck & Co., Inc., Bausch Health Companies, Inc., Simcro Limited (Datamars SA), Super Brush LLC, SpecializedRx Products, LLC, BIOSRX, Inc., Volumetric, Inc., and Puritan Medical Products Company, LLC.
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