Global Oral Thin Films Market Report and Forecast 2024-2032

Global Oral Thin Films Market Outlook

The global oral thin films market size was valued at USD 3.60 billion in 2023, driven by the increasing prevalence of neurological disorders across the globe. The market is anticipated to grow at a CAGR of 9% during the forecast period of 2024-2032 to achieve a value of USD 7.80 billion by 2032.

Oral thin films: Introduction

Oral thin films are polymers that are water soluble in nature. These polymer strips dissolve when comes in contact of saliva and takes only a few seconds. This technology has already been explored by confectionary market to manufacture mouth freshener strips. Pharmaceutical and healthcare industry is also emphasizing on exploring the potential of using it and manufacturing the drugs and medications for patients in similar category as well. The constituents of these films are water, components are held together by stabilizers, flavors, saliva stimulators, colorants and some more.

Oral thin films (OTFs) have gained significant attention and popularity in the pharmaceutical industry in past years. Oral thin films provide a convenient and patient-friendly alternative to traditional dosage forms like tablets or capsules. They are thin, portable, and do not require water for administration, making them easy to use, particularly for patients who have difficulty swallowing or dislike taking oral medications. The formulation of oral thin films is done to rapidly disintegrate or dissolve in the oral cavity, allowing for quick absorption of the medication. This can lead to a faster onset of action compared to traditional oral dosage forms. This makes them appropriate for medications that need instant relief or quick action.

Global Oral Thin Films Market Analysis

There are several key trends running in the oral thin films market and some of them include the ongoing research studies on the development of oral thin films to contribute to the development of personalized drug delivery system. Increasing number of retailing pharmacies is also increasing the availability of the oral thin film products which is directly contributing to the global oral thin films market growth. Due to the ongoing research in the field of pharmaceutical industry on oral thin films, development of several different drugs to treat several other diseases and disorders is in process. With the use of active ingredients such as Montelukast, Insulin, Rizatriptan, and Testosterone, Pharmaceutical companies has been trying to develop treatment drugs in the form of oral thin films for dementia, diabetes, migraines, male hypogonadism respectively.

The increasing emphasis on sustainability and eco-consciousness, the pharmaceutical products are also experiencing the positive impact and it is resulting in increasing interest in sustainable packaging for them including oral thin films. Manufacturers are exploring environmentally friendly packaging materials and adopting eco-friendly practices, which align with the broader sustainability trends in the market.

Oral Thin Films Market Segmentations

Market Breakup by Products

• Sublingual Film 

• Other Products

Market Breakup by Disease Indication

• Opioid Dependence 

• Nausea and Vomiting 

• Other Disease Indications

Market Breakup by End User

• Hospital Pharmacies 

• Retail Pharmacies 

• Other Distribution Channels

Market Breakup by Region

• North America 

• Europe 

• Asia Pacific 

• Latin America 

• Middle East and Africa

Oral thin films Market Overview

The market is witnessing a significant growth and is expected to grow in coming years as well. There several factors driving the market growth includes the increasing prevalence of disability disorders and aging population. The development of oral thin films has been put to use so that aging people who have difficulty swallowing hard size pills and capsules find it convenient to consume their medications in the form of these oral thin films propelling the global oral thin films market growth.

Increasing availability due to the increase in number of retail pharmacies has also escalated growth of the product in the market. Increasing prevalence of neurological disorders has also increased the consumption of drugs and medicines in the form of oral thin films contributing to the growth of the market size.

Oral thin films Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Aquestive Therapeutics Inc.  

• LTS Lohmann Therapie-Systeme AG  

• IntelGenx Corp.  

• C.L.Pharm  

• CURE Pharmaceutical 

• ZIM Laboratories Limited  

• Viatris  

• Sunovion Pharmaceuticals Inc.

Key Highlights of the Report