Global Orally Disintegrating Tablet Market Size By Type(Anti-Psychotics drugs, Anti-Epileptics drugs), By Application(CNS Diseases, Gastrointestinal Diseases, CVS Diseases), By Geographic Scope And Forecast

Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Orally Disintegrating Tablet Market Size And Forecast

Orally Disintegrating Tablet Market size was valued at USD 16,043.2 Million in 2022 and is projected to reach USD 34,893.4 Million by 2030, growing at a CAGR of 10.20% from 2023 to 2030.

For folks who need medicine, those tablets that melt quickly in your mouth are often the best choice – people are more likely to take them! Plus, the good old oral route is a winner for both patients and doctors, just a simple and convenient way to take your meds. Because of this, and because these "orally disintegrating tablets" (ODTs) can dissolve in, like, a minute, they're super popular, especially since they can work fast. All these things are pushing the ODT market to grow bigger! If you want the full scoop, check out the Global Orally Disintegrating Tablet Market report, which gives you the big picture.
It breaks down the key parts, trends, what's helping and hurting the market, who's competing, and all the important stuff that's making a difference. Learn More

Global Orally Disintegrating Tablet Market Definition

An orally disintegrating tablet or orally dissolving tablet (ODT) is a medicine dosage form that is available for a small selection of both prescription and over-the-counter (OTC) medications. Traditional tablets are meant to be swallowed whole, but ODTs are meant to be completely dissolved on the tongue. For patients who have dysphagia (difficulty swallowing), or for those for whom compliance is a known problem, the ODT is a substitute dosage form that helps ensure that medication is taken.

Dysphagia, or difficulty swallowing, is something that can happen to anyone, but it's pretty common, especially as we get older. We're talking about up to 60% of seniors in care homes and roughly 18-22% of folks in long-term care facilities. Now, there's this cool thing called an Orally Disintegrating Tablet, or ODT. ODTs are great because you don't need water to take them, and they might even start working faster than regular tablets or capsules. You can find ODTs for all sorts of treatments these days, both over-the-counter and with a prescription. The idea behind them actually came from tablets designed to dissolve in your cheek – that buccal mucous membrane we're talking about. This way of delivering medicine was first developed for drugs like steroids and strong pain relievers (opioid analgesics) that don't get absorbed well in the stomach but are tricky to inject.

Think of it this waysome medicine can take a shortcut straight into your bloodstream by dissolving in your cheek, skipping the whole digestive system. This allows for faster action. Now, not every orally disintegrating tablet (ODT) works this way – it's not all about "buccal absorption." In fact, many ODTs are absorbed and work just like regular pills you swallow, relying mainly on good old GI absorption. But, if an ODT dissolves super fast and is really small, it can boost buccal absorption. Originally, these dissolving tablets were made to make taking vitamins easier for kids. They fizzed apart instead of just dissolving. Then, clever scientists found a way to use that fizzing action to deliver medicinethey created tiny drug-filled particles that would be released when the tablet fizzed, allowing the patient to inhale the medicine!

Global Orally Disintegrating Tablet Market Overview

As folks live longer, we're seeing more and more older adults. What's more, thanks to amazing medical advancements and facilities, people with long-term health issues are living longer too. For seniors needing to complete a medication course, oral disintegrating pills (ODTs) are a great choice, which should really boost the market! Plus, ODTs are often the best option for individuals with mental disabilities, compared to other types of medicine. It's easier to get them to take their meds because they work quickly, offering fast relief. This increasing use of ODTs to treat various conditions in mentally disabled individuals is expected to further drive market growth.

Let's face it, folks with conditions like Parkinson's, Alzheimer's, and even lung, kidney, or heart disease often need to take medication for a long, long time. And after surgery? Doctors often prescribe pills to help us heal. That's why oral drugs that dissolve quickly in your mouth are such a great option – they're easy to take and help people stick to their treatment! For both patients and doctors, taking a pill is usually the simplest approach. Because of this ease of use and the need for meds to kick in fast, there's a growing demand for orally disintegrating tablets (ODTs) – the kind that melt in under a minute. All this is set to really boost the ODT market! Plus, as developing countries embrace better technology and newer ways to take medicine, we can expect to see even more demand for ODTs. Better healthcare access and improved treatment in these nations will create some exciting opportunities for the companies that make them.

Global Orally Disintegrating Tablet MarketSegmentation Analysis

The Global Orally Disintegrating Tablet Market is segmented based on Type, Application, and Geography.

Orally Disintegrating Tablet Market, By Type

• Anti-Psychotics Drug• Anti-Epileptics Drug• Other

Based on Type, the market is bifurcated into Anti-Psychotics drugs, Anti-Epileptics drugs, and Others. The anti-psychotics segment is expected to hold a 7.5% share of the market in 2022. The growing prevalence of psychotic disorders such as schizophrenia and bipolar disorder is projected to increase the demand for antipsychotic drugs.

Orally Disintegrating Tablet Market by Application

• CNS Diseases• Gastrointestinal Diseases• CVS Diseases• Others

Based on Application, the market is bifurcated into CNS Diseases, Gastrointestinal Diseases, CVS Diseases, and Others. The central nervous system diseases segment is estimated to account for a significant market share in 2022, due to the increasing prevalence of CNS diseases across the world.

Orally Disintegrating Tablet Market by Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of a Geographical Analysis, the Global Orally Disintegrating Tablet Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia Pacific is expected to remain a highly attractive region for the orally disintegrating tablets market as well as is projected to expand at a high CAGR during the forecast period. The region is expected to dominate the global market, in terms of value and volume, due to the use of ODTs to reduce the prevalence of several disorders such as CND, GI disorders, CVDs, and allergies.

Key Players

The “Orally Disintegrating Tablet Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Teva, Merck, Mylan, Pfizer, Johnson and Johnson, GSK, Otsuka, Eli Lilly and Company, AstraZeneca, Bristol-Myers Squibb, Conquer, and others are prominent hydro turbine manufacturers operating the market.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Orally Disintegrating Tablet Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Orally Disintegrating Tablet Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Teva, Merck, Mylan, Pfizer, Johnson and Johnson, GSK, Otsuka, Eli Lilly and Company, AstraZeneca, Bristol-Myers Squibb, Conquer

SEGMENTS COVERED

By Type, By Application, and By Geography.

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