Coherent Market Insights published a business research report on “Medicine Iontophoresis Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2021–2027”. Medicine Iontophoresis with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.
Medicine Iontophoresis Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Medicine Iontophoresis Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
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Iontophoresis is the technique that makes use of an electric current for delivering medicines or other drugs from the skin. Often the Iontophoresis is prescribed for individuals with hyperhidrosis (excessive sweating) of hands or/and feet, since it helps in decreasing sweating. The Iontophoresis is suited for applications including acetic acid (calcific tendinitis), magnesium sulfate and calcium chloride (control of musculoskeletal spasms), zinc oxide (rheumatoid arthritis), dexamethasone (inflammation), and lidocaine (inflammation of soft tissues).
Global Medicine Iontophoresis Market Drivers
Rising awareness for hyperhidrosis treatment is expected to fuel the global medicine iontophoresis market growth over the forecast period. For instance, the U.S. International Hyperhidrosis Society (IHhS), celebrates November as the Hyperhidrosis Awareness Month by producing documentaries, conducting patient interviews, and organizing several events to increase awareness regarding hyperhidrosis among people.
Moreover, rising iontophoresis research to treat various symptoms and diseases is expected to drive the global medicine iontophoresis market growth over the forecast period. For instance, EyeGate Pharma Company, in April 2018, developed a new ocular system of drug delivery known as EyeGate II iontophoresis, in which an electric current is produced in device that administers ionized drug within the eye along with getting further absorbed within the eye through electric current.
Moreover, approvals for novel products for iontophoresis therapy medicine is expected to drive growth of the global medicine iontophoresis market over the forecast period. For instance, the U.S.-based company Soterix Medical Inc., in May 2017, received the U.S. Food and Drug Administration 510(k) clearance, for its device IontoDC designed to utilize direct current for introducing soluble salt ions or other drugs within the body.
Global Medicine Iontophoresis Market Restraints
Limitations and side effects associated with medicine iontophoresis therapy are expected to hinder growth of the global medicine iontophoresis market over the forecast period. For instance, as per the 2016 report by the British Association of Dermatologists, often people complain symptoms such as blisters and bruising in case of high intensity of the current for iontophoresis, a mild burning sensation in case there is touching of electrode, along with itchiness at the area treated after the treatment. Furthermore, patients suffering from cardiac pacemakers or metal implants are unsuitable for the treatment of iontophoresis.
Moreover, product recalls owing to products failing to meet regulatory standards are expected to hamper the global medicine iontophoresis market growth over the forecast period. For instance, Health Canada, in August 2016, recalled IONTODERMA ID-1000, an IONTODERMA product, owing to its failure for complying regulations for medical devices and for retailing medical devices without appropriate license.
Global Medicine Iontophoresis Market – Regional Analysis
Based on region, the global medicine iontophoresis market is segregated into North America, Europe, Latin America, Asia Pacific, Africa, and Middle East.
North America is expected to gain the highest share in the global medicine iontophoresis market over the forecast period, owing to the presence of reimbursement and insurance strategies to treat patients with hyperhidrosis in the region. For instance, the International Hyperhidrosis Society, in the U.S., offers useful information, downloadable forms, and tools, associated with the process of reimbursement and insurance. This includes health plans for treatments of hyperhidrosis, therapy cost, medical insurance forms to purchase iontophoresis devices, among others. Such services of reimbursement and insurance allow efficient hyperhidrosis treatment.
Furthermore, rising R&D activities for launching advanced devices for iontophoresis to treat ophthalmic diseases within Asia Pacific is expected to register robust growth within the global medicine iontophoresis market. For instance, the Association for Research in Vision and Ophthalmology (ARVO) 2018’s annual meeting was conducted in China, in March 2018, where Aciont Inc. announced clinical data of its lead product – Dexamethasone Sodium Phosphate (DSP)-Visulex. The DSP-Visulex is a drug delivery system which is non-invasive based upon the technique of ocular iontophoresis. The product could be used to treat non-infectious anterior uveitis.
Global Medicine Iontophoresis Market: Competitor Analysis
Major players functioning in the global medicine iontophoresis market are, ORGANIX GmbH & Co. KG, Drionic, Hidrex USA, IOMED, Iskra Medical d.o.o., R.A. Fischer, Chattanooga, iTech Medical, Inc., Encore Medical, L.P., Kimetec GmbH, AAM, and others.
Global Medicine Iontophoresis Market – Taxonomy
On the Basis of Product Type
- Low Frequency Devices
- High Frequency Devices
On the Basis of Modality
On the Basis of End User
On the Basis of Region
- North America
- Asia Pacific
- Latin America
- Middle East
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Main points in Medicine Iontophoresis Market Report Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Medicine Iontophoresis Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: Medicine Iontophoresis Industry Impact
Chapter 2 Medicine Iontophoresis Competition by Types, Applications, and Top Regions and Countries
2.1 Medicine Iontophoresis (Volume and Value) by Type
2.3 Medicine Iontophoresis (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Medicine Iontophoresis Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Medicine Iontophoresis Market Analysis
Chapter 6 East Asia Medicine Iontophoresis Market Analysis
Chapter 7 Europe Medicine Iontophoresis Market Analysis
Chapter 8 South Asia Medicine Iontophoresis Market Analysis
Chapter 9 Southeast Asia Medicine Iontophoresis Market Analysis
Chapter 10 Middle East Medicine Iontophoresis Market Analysis
Chapter 11 Africa Medicine Iontophoresis Market Analysis
Chapter 12 Oceania Medicine Iontophoresis Market Analysis
Chapter 13 South America Medicine Iontophoresis Market Analysis
Chapter 14 Company Profiles and Key Figures in Medicine Iontophoresis Business
Chapter 15 Medicine Iontophoresis Market Forecast (2021-2027)
Chapter 16 Conclusions
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