The global oral dissolvable films market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Orally dissolving films (ODFs) are also known as oral thin films. It provides a quick release of an active pharmaceutical ingredient (API) when placed on the tongue without the intake of water and is used as an alternative to orally disintegrating tablets. It is a kind of drug delivery system. The major factor driving the demand for oral dissolvable films is the new product launches and approvals across the globe.
For instance, in February 2022, Aquestive Therapeutics, Inc. announced the opening of its Investigational New Drug Application (IND) for the drug AQST-109 from the U.S. Food and Drug Administration (FDA). AQST-109 is an epinephrine oral film used for the treatment of anaphylaxis. Moreover, the market is also growing owing to the growing applications of oral thin films for the treatment of several diseases.
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Some major players in the market include ZIM Laboratories Ltd., Cure Pharmaceuticals, and Aquestive Therapeutics, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in January 2021, Cure Pharmaceutical announced the approval of CUREfilm Blue from the US FDA. It is an oral dissolvable film used for the treatment of erectile dysfunction (ED).
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Product
- By Disease Indication
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape– ZIM Laboratories Ltd., Cure Pharmaceuticals, and Aquestive Therapeutics, Inc., among others.
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Global Oral Dissolvable Films Market Report by Segment
By Product
- Sublingual Film
- Fast Dissolving Dental/Buccal Film
By Disease Indication
- Schizophrenia
- Migraine
- Opioid Dependence
- Nausea and Vomiting
- Other
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Other
Global Oral Dissolvable Films Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East & Africa
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