Orally Disintegrating Tablet Market Scope
An orally disintegrating tablet is a drug dosage form available for a limited range of over-the-counter and prescription medications. It differs from traditional tablets in that they are designed to be dissolved on the tongue rather than swallowed whole. ODTs dissolve or disintegrate in the mouth without water within sixty seconds when placed on the patient's tongue. They're ideal for patients such as older adults or children who have difficulty swallowing traditional oral capsules or tablets and those with mental illness.
According to AMA, the Global Orally Disintegrating Tablet market is expected to see growth rate of 10.7%
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Orally Disintegrating Tablet market throughout the predicted period.
Janssen Pharmaceutica (Belgium), Schering plough Corp., USA (United States), Teva Pharmaceutical Industries Ltd. (Israel), Novartis AG (Switzerland), Bayer AG (Germany), Pfizer (United States), Merck & Co. (United States), Eli Lilly Pharma (United States), GlaxoSmithKline (United Kingdom), Ranbaxy Laboratories (India), Astra Zeneca (United Kingdom), Takeda Pharmaceutical Company Limited (Japan) and Zota Pharma (India) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Torrent Group (India), Mylan N.V. (United States), F. Hoffmann-La Roche Ltd. (Switzerland), Bausch Health (Canada), Sun Pharmaceutical Industries Ltd. (India), Dr. Reddy’s Laboratories Ltd (India), Eisai Co., Ltd. (Japan), NEOS Therapeutics, Inc. (Switzerland), Glenmark Pharmaceuticals (India) and Unichem Laboratories (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Orally Disintegrating Tablet market and Region with country level break-up.
On the basis of geography, the market of Orally Disintegrating Tablet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
Neos Therapeutics, Inc., announced that it has entered into a confidential settlement and licensing agreement with Teva Pharmaceuticals USA, Inc. to resolve all ongoing litigation involving Neos' patents protecting its Cotempla XR-ODT (methylphenidate) extended-release orally disintegrating tablets and Teva's Abbreviated New Drug Application (ANDA) filed with the U.S. Food and Drug Administration to market a generic version of that product.
Global pharmaceutical company Mylan N.V. announced the U.S. launch of Lansoprazole Delayed-Release (DR) Orally Disintegrating Tablets (ODT), 15 mg and 30 mg, a generic version of Takeda's Prevacid SoluTab DR ODT. Mylan Pharmaceuticals received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for this product, which has the same indications as the reference listed drug, including treatment of active ulcers of the stomach and small intestine, gastroesophageal reflux disease (GERD) and Zollinger-Ellison syndrome. and On 8 June 2017, Pfizer Japan Inc. and Eisai Co., Ltd. have announced that Lyrica OD Tablets 25mg, 75mg, 150mg (od tablet:orally disintegrating tablet), a new formulation following pain treatment Lyrica Capsules (pregabalin), will be launched on June 8.
Market Drivers
- The Rising Geriatric Population Worldwide
- Increasing Number of Mentally Challenged People
- The Advantages Offered by the Orally Disintegrating Drugs
Opportunities
- The emergence of Next Generation ODTs
- The Emerging Demand from Developing Countries
Restraints
- The High Cost of the Production
Challenges
- Mechanical strength and disintegration time
- Taste masking
Key Target Audience
Orally Disintegrating Drugs Manufacturers, Orally Disintegrating Drugs Traders/Distributors, Orally Disintegrating Drugs Importer/Exporter, Regulatory & Government Bodies, Research & Consulting Firms, End Users and Others