The Drug Delivery Market Report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Drug Delivery Industry Report covers the present scenario and the growth prospects of the Drug Delivery Market for 2017-2021. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Drug Delivery industry.
Drug Delivery Market is poised to reach USD 1,669.40 billion by 2021 with 7.2% CAGR during the forecast period of 2016-2021
Drug Delivery Market analysis is provided for global market including development trends by regions, competitive analysis of the Drug Delivery market. Drug Delivery Industry report focuses on the major drivers and restraints for the key players.
Increasing prevalence of chronic diseases, increasing demand for biologics, technological advancements, and new product launches are the factors driving the growth of this market. Whereas, self-administration & home care and rising demand for biosimilars and generic drugs offer significant growth opportunities for players operating in this market. On the other hand, risk of needle-stick injuries and side effects of drugs may restraint the growth of the market.
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Prominent players in the drug delivery technology market include Johnson & Johnson, Inc. (U.S.), F. Hoffman-La Roche (Switzerland), Merck & Co., Inc. (U.S.), Bayer AG (Germany), Pfizer, Inc. (U.S.), Novartis AG (Switzerland), 3M Company (U.S.), Becton, Dickinson and Company (U.S.), GlaxoSmithKline plc, (U.K.), Sanofi (France), and Antares Pharma, Inc. (U.S.).
Drug Delivery Market DRIVERS:
- Rising Prevalence of Chronic Diseases
- Growth in the Biologics Market
- Technological Advancement and New Product Launches
Drug Delivery Market RESTRAINTS:
- Risk of Needle stick Injuries and Side Effects of Drugs
- Product Recalls
Drug Delivery Market OPPORTUNITIES:
- Self-Administration and Home Care
- Rising Demand for Biosimilar and Generic Drugs
- Generic Drugs
- Focus On Overcoming Unmet Medical Needs
- Emerging Markets
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Drug Delivery Market CHALLENGE:
- Patent Expiry and Patent Cliff
- Pricing Pressure
Drug Delivery Market Segmentation Based On Region:
The study tracks and analyzes competitive developments such as joint ventures, mergers and acquisitions, new product developments, and expansions in the drug delivery technology market across to four main regions, namely, North America, Asia, Europe, and RoW.
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Drug Delivery Market Segmentation Based On Technology:
The drug delivery technology market is segmented based on route of administration, facility of use, and region. On the basis of route of administration, the market is segmented into oral, injectable, topical, nasal, ocular, pulmonary, implantable, and transmucosal. In 2016, the oral drug delivery segment is expected to account for the largest share of the market. This can be attributed to the wide range of benefits associated with oral drugs. The oral route of administration is one of the simplest, most convenient, and safest routes.
Drug Delivery Market Segmentation Based On End-User:
On the basis of facility of use, the market is segmented into the hospitals, ambulatory surgical centers/clinics, home care settings, diagnostic centers, and other facilities of use. In 2016, the hospitals segment is expected to account for the largest share of the market. This can be primarily attributed to advantages such as the significant number of inpatient and outpatient visits in hospitals as compared to other end users and the requirement of large volumes of drugs and their respective delivery devices to cater to the demand of this patient pool.
No. of Pages: 254
Price of Report: $ 5650 (Single User License)
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