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North America Drug Delivery Devices Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
North America Drug Delivery Devices Market
Market Outline: North America Drug Delivery Devices Market
Drug delivery devices are used to deliver the drugs or chemical substances into the body for therapeutic effects by using different formulations, technologies, and approaches. These devices can be used for diagnosis, treatment, cure, or prevent various diseases such as diabetes, autoimmune disorders, bacterial and viral infections, and allergies among others. Various medicinal formulations such as antibiotics and insulin are most commonly administered by using these devices to increase the efficiency of drug by controlling dosage, time, and release the drug at specific site in the body.
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Market Dynamics: North America Drug Delivery Devices Market
Drivers
• Increase in the prevalence of chronic diseases such as diabetes and cancer due to change in lifestyle
• Rise in R&D activities for the innovation of newer devices
• Rise in demand for customized therapy and better availability of the products
Restraints
• Stringent regulation for the approval of drug delivery devices
• Product recalls and Complications in the use of drug delivery devices such as dosage errors
• High cost of drug delivery devices
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Market Scope: North America Drug Delivery Devices Market
Europe drug delivery devices market segmented on the basis of product type, rout of administration, formulation, application, distribution channel and country
Based on the product type, North America drug delivery devices market segmented into the following:
• Infusion Pumps
• Metered Dose Inhalers
• Nebulizers
• Syringes
• Ocular Inserts
• Nasal Sprays
• Implantable Drug Delivery Devices
• Transdermal Patches
• Trans-Mucosal Drug Delivery Devices
• Others
Based on the route of administration, North America drug delivery devices market segmented into the following:
• Oral
• Parenteral
• Transdermal
• Trans-Mucosal
• Inhalation
• Ocular
• Others
Based on the formulation, North America drug delivery devices market segmented into the following:
• Solid
• Liquid
• Semi-solid
Based on the application, North America drug delivery devices market segmented into the following:
• Diabetes
• Oncology
• Autoimmune Disorders
• Neurological Disorders
• Gastrointestinal Disorders
• Respiratory Disorders
• Others
Based on the distribution channels, Europe drug delivery devices market segmented into the following:
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others
Based on the Country, North America Drug delivery devices market is segmented into the following:
• U.S.
• Canada
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Competition Assessment: North America Drug Delivery Devices Market
Some of the players in the Europe Drug delivery devices market include:
• Becton Dickinson and Company (U.S.)
• Hoffmann La Roche Ltd. (Switzerland)
• Smiths medical, Inc. (U.S.)
• Braun Melsungen AG (Germany)
• Pfizer, Inc. (U.S.)
• Merck & Co., Inc. (U.S.)
• Sanofi S.A. (France)
• Abbott Laboratories (U.S.)
• Novartis AG (Switzerland)
• Eli Lilly and company (U.S.)
• AptarGroup, Inc. (U.S.)
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
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