Thin Film Drug Manufacturing Market Growth Drivers:
As per World Health Organization (WHO), schizophrenia influences nearly 24 million people or 1 in 300 people (0.32%) globally. Treatment for schizophrenia performs best when commenced as early as possible. Thin film drug delivery utilizes a dissolving film or oral drug strip to direct medications through absorption in the mouth and/or through the small intestines. Thin film drug delivery has emerged as a progressive substitute to the conventional tablets, capsules and fluids that are frequently linked with prescription and OTC (over-the-counter) medicines. Thin films, as an emerging platform for drug delivery, are therefore driving the growth of the Thin Film Drug Manufacturing Industry. This further contributes to the Thin Film Drug Manufacturing Industry Outlook.
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As per World Health Organization (WHO), half to three-quarters of adults aged 18–65 years across the world have had headaches in the last year. Among those individuals, 30% or more have recorded migraine. Several investigations have been performed where migraine patients were provided with the oral film of Anti-Migraine medication. Opioid-dependence medications are also available in the market. Opioid dependence treatment Suboxone has been granted U.S. FDA clearance. Thin films are a versatile platform that offers quick, regional or systemic impacts. Furthermore, these systems can be easily applied by themselves, specifically for dysphagia patients, geriatric, pediatric or bedridden patients, as well as patients who cannot access water easily. The numerous benefits of thin films are therefore propelling the growth of the Thin Film Drug Manufacturing Market.
In December 2021, Amazon Web Services (AWS) declared that it was engaging with Pfizer to build creative, cloud-based solutions. The firms are investigating these advancements as a part of the Pfizer Amazon Collaboration Team (PACT) initiative.
Thin Film Drug Manufacturing Market: Competitive Landscape
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