According to the report Global Injectable Drug Delivery Market, published by Market Data Forecast, the global market is projected to reach 624.51 billion by 2021, at a CAGR of 11.5%, from 2016 to 2021.
Injectable drug delivery technologies allow the transport of drugs detailed in fluid form and encourage the fast transport of the drug into the body. It likewise helps in managing drugs in comatose and unconscious patients. These delivery frameworks are generally accepted because of their recognition of a faster onset reaction with high adequacy. Also, in the recent years, this market has developed because of the expanded predominance of cancer and diabetes.
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Global Injectable Drug Delivery Market: Drivers & Restraints
The key factors driving the Injectable Drug Delivery Market are Increased prevalence of chronic diseases, Technological advances in the form of nanotechnologies, Rising demand for biologics in the pharmaceutical industry and Increased patient compliance. The Restraining factors affecting the IDD market include Possibility of injuries and infections via usage, Product recalls, Emergence of alternative drug delivery systems, Regulatory framework concerns.
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Global Injectable Drug Delivery Market: Segmentation
By Device Type
- Self-injection Devices
- Conventional Devices
- Y-o-Y Growth Analysis, By Device Type
- Market Attractiveness Analysis, By Device Type
- Market Share Analysis, By Device Type
- Conventional Drug Delivery
- Novel Drug Delivery
- Y-o-Y Growth Analysis, By Formulation
- Market Attractiveness Analysis, By Formulation
- Market Share Analysis, By Formulation
By Therapeutic Use
- Autoimmune Disorders
- Hormonal Disorders
- Y-o-Y Growth Analysis, By Therapeutic Use
- Market Attractiveness Analysis, By Therapeutic Use
- Market Share Analysis, By Therapeutic Use
By End-user Application
- Homecare Settings
- Research Institutes
- Clinical Laboratories
- Y-o-Y Growth Analysis, By End-user Application
- Market Attractiveness Analysis, By End-user Application
- Market Share Analysis, By End-user Application
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-injectable-drug-delivery-market-2108/customize-report
Global Injectable Drug Delivery Market: Overview
In the recent years, the use of injectable drug delivery has increased due to increasing incidences of cancer and diabetes. Technological advancements, improving patient compliance, beneficial reimbursement policies, and rise of biologics in the pharmaceutical market are some of the key factors driving the growth of the global injectable drug delivery market. In addition, increasing healthcare awareness and increasing geriatric population are also fueling the growth of the global injectable drug delivery market.
The European injectable drug delivery formulations technologies market is the largest segment in the market. This is due to a surge of biologics and the development of nanotechnologies. In the therapeutic field, hormonal disorders command the major segment due to the high demand of injectable in the treatment of diabetes. The growth of the injectable drug delivery technologies market is primarily triggered by favorable reimbursement policies on injectable drugs and devices, technological advancements, surge of biologics in pharmaceutical markets, rising incidences of cancer and diabetes in Europe, and improving patient compliance. The evolving opportunities in this market for manufacturers include development of biosimilars in pharmaceutical markets and focus of pharmaceutical manufacturers towards emerging markets such as Spain, Russia, Denmark, Ireland and others.
Global Injectable Drug Delivery Market: Region-wise Outlook
On the basis of geography, the global market is analyzed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. Injectable Drug Delivery Market was dominated by North America, with the overall market share of over 35% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.
Key Questions Answered
- What will be the market growth till 2021 and what will be the resultant market forecast in the year? What was the market size from 2016 to 2021 ?
- What is the current and future Global Injectable Drug Delivery Market outlook in global? What trends are affecting the global market?
- What is the competitive landscape and market share of major players in the Global Injectable Drug Delivery space globally?
- What are the key, high growth markets that Global Injectable Drug Delivery manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Global Injectable Drug Delivery Market currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Global Injectable Drug Delivery?
- What are the challenges and barriers that have hindered widespread adoption of Global Injectable Drug Delivery?
- A comprehensive mapping of the competitive landscape and the market participants behaviour ?
Global Injectable Drug Delivery Market: Key Players
Some of the major companies dominating the market, by their products and services include Alkermes Inc., Bend Research, BIND Biosciences, Inc., Endocyte, Genentech Inc., MicroCHIPS, Inc., Pearl Therapeutics Inc., Polymer Factory, Presage Bioscience, QLT Inc., UCB Group.
Reasons to buy Global Injectable Drug Delivery Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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