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1 w

Transdermal Drug Delivery Systems Market to Double in Size

For more insights:- https://www.psmarketresearch.c....om/market-analysis/t

Across the world, the lifestyle is becoming increasingly sedentary and fast paced. While sitting on a chair in offices all day leads to physical inactivity, the fast pace of life results in emotional stress. With lack of time, people’s dietary pattern gets affected, which leads to improper nutrition. All these factors, combined with tobacco and alcohol abuse, result in chronic diseases, such as diabetes, chronic obstructive pulmonary disease (COPD), cancer, and several cardiovascular diseases (CVD), the prevalence of all of which is rising. As per the World Health Organization, the number of diabetics rose to 422 million in 2014, from 108 million in 1980.

Transdermal drug delivery systems are used for analgesics (pain relief), hormone replacement, smoking cessation, hypertension, and motion sickness. Among these, the widest usage of such devices has been for pain relief, as pain is the most commonly seen symptom of any health issue, and it can often be so much that it affects people’s ability to make rational decisions. Most of the chronic diseases, especially CVDs and cancer, have pain as a symptom, which is the reason behind the heavy consumption of painkillers, via the skin.

The Centers for Disease Control and Prevention (CDC) estimated the number of new cancer cases in the U.S., for 2018 at 1,735,350. The agency also says that in the country, 805,000 people suffer from a heart attack, which often causes chest pain, during the attack and long after it is over. Apart from diseases and emotional stimulus, the gradual weakening of the body, which happens with age, results in several musculoskeletal issues, such as arthritis, atrophy, and frequent fractures. As all of these cause pain, the elderly require constant analgesics dosage.

Additionally, the elderly are more susceptible to diseases than younger people, as they are considerably immunocompromised. Across the world, the population of the elderly is rapidly increasing, primarily owing to a rise in the life expectancy. The United Nations Department of Economic and Social Affairs, in its latest World Population Ageing report, claims that by 2050, the population in the age group of 65 and above will rise to 1.5 billion, from 703 million in 2019. As a result of this, the incidence of several diseases will also increase, which would lead to a higher usage of transdermal drug delivery systems.

Across the globe, North America recorded the highest usage of such devices, due to the growing number of chronic disease patients and the increasing demand for drug delivery methods that are painless. During the forecast period, people in Asia-Pacific (APAC) are predicted to adopt such devices the most rapidly, as a result of the improving healthcare facilities, surging healthcare expenditure, high population, especially of the elderly, and increasing awareness on the technology. Within the region, the transdermal drug delivery systems market growth in India would be the fastest.

Thus, as the number of people suffering from painful conditions and diseases requiring medication increases, so would the use of devices that deliver medication through the skin, thereby making the process almost painless.

Transdermal Drug Delivery Systems Market Demand Analysis - 2030
www.psmarketresearch.com

Transdermal Drug Delivery Systems Market Demand Analysis - 2030

Rise in the prevalence of chronic disorders is the major factors spurring the growth of the transdermal drug delivery systems market
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Huge Upswing Predicted in Global Start–Stop Technology Market in Future | #business #cars #automotive

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Due to the soaring number of strict vehicular emission laws in several countries, the demand for start–stop technology and systems is predicted to skyrocket over the next few years.
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What are the Most Extensively Used Coding and Marking Systems in Turkey? | #business #chemical #growth

What are the Most Extensively Used Coding and Marking Systems in Turkey?

What are the Most Extensively Used Coding and Marking Systems in Turkey?

The increasing applications of coders and printers in the food and beverage industry is one of the major factors propelling the sales of marking and coding systems in Turkey.
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APAC Air Quality Monitoring Market to Witness 10.0% CAGR | #business #health #healthcare

APAC Air Quality Monitoring Market to Witness 10.0% CAGR

APAC Air Quality Monitoring Market to Witness 10.0% CAGR

Among the leading causes of death and disability across the globe is also air pollution. Due to technological advancements, which have led to the development of machines which burn fossil fuels for generating energy for different purposes, the quality of air has been declining swiftly.
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Why Is Residential Security a Big Thing Now? | #business #iot #ict

Why Is Residential Security a Big Thing Now?

Why Is Residential Security a Big Thing Now?

Today, it is clear that every homeowner makes an effort to protect their family, possessions, and space as securely as possible through the use of security systems.
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