Medicine Iontophoresis MarketSize and Trends

Market- Trends

On the basis of region, the global medicine iontophoresis market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is projected to hold dominant position in the global medicine iontophoresis market due to insurance and reimbursement strategies for treating hyperhidrosis patients. For instance, in the U.S., International Hyperhidrosis Society offers useful tools, information, and downloadable forms related to the insurance and reimbursement process. This comprises health plans for hyperhidrosis treatments, cost of therapy, medical insurance form for purchasing iontophoresis devices, and others. Such insurance and reimbursement services allow efficient treatment of hyperhidrosis.

Furthermore, increasing research and development activities to launch advanced iontophoresis devices for treating ophthalmic diseases in Asia Pacific is expected to contribute to substantial growth in the global medicine iontophoresis market. For instance, in March 2018, annual meeting of Association for Research in Vision and Ophthalmology (ARVO) 2018 was held in China where, Aciont Inc. opened up clinical data for its lead product, Dexamethasone Sodium Phosphate (DSP)-Visulex. DSP-Visulex is a non-invasive drug delivery system based on ocular iontophoresis technique. This product can be used for the treatment of non-infectious anterior uveitis.