Nicotine Replacement Therapy Market Trends, Share, Industry Opportunities, and Forecast By 2029
This Nicotine Replacement Therapy market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Nicotine Replacement Therapy report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the nicotine replacement therapy market was valued at USD 2.92 billion in 2021 and is expected to reach USD 7.93 billion by 2029, registering a CAGR of 13.31% during the forecast period of 2022 to 2029.
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Market Overview:
According to the US Agency for Healthcare Research and Quality, except for pregnant women and teenagers, nicotine replacement therapy (NRT) is safe for all adults who want to quit smoking. Nicotine replacement therapy (NRT) is a method of assisting people in quitting smoking. Nicotine is delivered in small doses in the form of inhalers, lozenges, patches, sprays, or gum, while other toxins contained in tobacco cigarettes are avoided. The fundamental goal of nicotine replacement therapy is to diminish nicotine cravings by easing nicotine withdrawal symptoms.
Some of the major players operating in the Nicotine Replacement Therapy market are Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), AstraZeneca (UK), Johnson & Johnson Private Limited (US), Merck & Co., Inc. (US), Cipla Inc. (US), Takeda Pharmaceutical Company Limited (Japan), Perrigo Company plc (Ireland), McNeil AB (Sweden), Imperial Brands (UK), Philip Morris Products S.A. (US), BAT (UK), NJOY (US), Fertin Pharma (Denmark), Glenmark Pharmaceuticals Limited (India), Pierre Fabre Group (France) among others.
Global Nicotine Replacement Therapy Market Scope
The nicotine replacement therapy market is segmented on the basis of product type, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Patches
Gums
Logenzes
Inhalers
Nasal Spray
Sublingual Tablets
End-Users
Hospitals
Specialty Clinics
Homecare
Others
Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Others
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Nicotine Replacement Therapy Market Landscape
Part 04: Global Nicotine Replacement Therapy Market Sizing
Part 05: Global Nicotine Replacement Therapy Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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