The oral thin films market studied is anticipated to register a CAGR of nearly 8.1%, during the forecast period. Certain factors that are driving the market growth include the rising prevalence of the indicated diseases and the advantages associated with thin films.
Governments and healthcare institutions have been striving to render efficient medical treatment to COVID patients. Advanced drug delivery systems like oral thin films are being considered a boon for the repurposing of drugs. However, the disruption of supply chains and research programs due to lack of labor and lockdowns is restraining the market growth.
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According to the Migraine Research Foundation, in 2018, the migraine had affected 39 million men, women, and children in the United States, and around 1 billion people, globally. Migraine is found to affect about 28 million women in the United States.
However, there are few technical limitations to these oral thin films that restrain the market growth. The incorporation of water-insoluble drugs into oral thin films is still in starting stages. Tablet and capsules can carry excipients that helps the drug to dissolve. On the other hand oral thin films are a more streamlined drug delivery systems primarily dependent on polymers to increase the solubility of the drug. This may reduce the drug solubility compared to other forms.
Key Market Trends
The Sublingual Film Segment Holds a Significant Share of the Market
Pharmaceutical scientists throughout the world are trying to explore thin films as a novel drug delivery tool. Thin films have been identified as an alternative approach to conventional dosage forms. The sublingual route is targeted for the delivery of drugs exhibiting high permeability across the mucosa and is utilized for the treatment of acute disorders. Systemic drug delivery is achieved by the diffusion of the active ingredients through the ventral surface of the tongue and the floor of the mouth.
Tailorable Sublingual films are also available in the market having characteristics including dissolution rates, adhesion, film thickness, material composition, taste-masking, and Active Pharmaceutical Ingredient absorption rates. Dissolution may be triggered for a specific biological fluid, pH, or other condition. Multi-layered product constructions were available for optimum bio-availability and stability.
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