Buccal Drug Delivery Systems Market Is Expected To Gain Significant Traction Over The Forecast Period: Grand View Research Inc.

 Buccal Drug Delivery Systems Market Growth & Trends

The global buccal drug delivery systems market size is expected to reach USD 6.56 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 6.2% from 2024 to 2030. Buccal drug delivery systems have gained significant momentum since the last decade. Elimination of first-pass metabolism, quick absorption of the pH-sensitive drug, no interaction with stomach acid, quicker onset of action than any oral dose, minimal side effects, and reduced drug degradation are some of the factors fueling the market growth. Buccal drug delivery has gained large acceptance among geriatric patients and patients having difficulty swallowing.

Leading players like Generex, NovaDel, Biodiversity Sciences International, and Transcept Pharmaceuticals are constantly developing critical drugs like insulin, heparin, morphine, long-lasting pain analgesics, and some anti cardiac drugs into rapid mists, mucoadhesive discs, and lozenges. Commercialization of this research would eventually lead to being a major life savior as it would ensure the faster onset of action and eliminate drug degradation. Despite the increased R&D activity among market players, asteep decline was observed in the sales and revenue gainsdue to the outbreak of the Covid-19 pandemic. Except for covid medications, several other drug markets were majorly hit leading to the dip in the market for buccal drug delivery. However, it is expected to bounce back by 2022.

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Buccal Drug Delivery Systems Market Report Highlights

• The buccal tablets and lozenges type segment accounted for the largest revenue share in 2023 due to its wider acceptance among patients
• The smoking cessation application segment held the largest share in 2023. Buccal drug delivery is often the most preferred and effective formulation for treating patients with smoking or nicotine addiction
• The hospital end-user segment captured the largest revenue share in 2023 owing to a large number of admissions of geriatric patients and abundant medication supplies
• North America held the largest revenue share in 2023 due to a large number of leading manufacturers and growing research in the region

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Buccal Drug Delivery Systems Market Segmentation

Grand View Research has segmented the global buccal drug delivery systems market on the basis of type, application, end-user, and region:

Buccal Drug Delivery Systems Type Outlook (Revenue, USD Million, 2018 - 2030)

• Sublingual Films and Wafers
• Buccal Tablets/Lozenges
• Oral Sprays

Buccal Drug Delivery Systems Application Outlook (Revenue, USD Million, 2018 - 2030)

• Pain Management
• Smoking Cessation
• Angina Pectoris
• Others

Buccal Drug Delivery Systems End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals
• Ambulatory Centers
• Others (Clinics, Home Health/OTC)

Buccal Drug Delivery Systems Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Denmark
  • Sweden
  • Norway
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Thailand
• Latin America
  • Brazil
  • Argentina
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait

List Of Key Players in the Buccal Drug Delivery Systems Market

• GSK plc
• Teva Pharmaceutical Industries Ltd.
• Pfizer Inc.
• Generex Biotechnology Corporation (LUMITOS AG)
• ARx, LLC.
• Endo, Inc.
• Catalent, Inc
• Cynapsus Therapeutics Inc.
• Collegium Pharmaceutical
• Indivior PLC

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.