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Global Drug Delivery Technology Market is projected to grow at a CAGR of 7.6% during Forecast Period - Johnson & Johnson, Generex Biotechnology Corporation, Vectura Group plc., Roche, Merck, Bayer, 3M, BD, GSK GROUP OF COMPANIES
Global Drug Delivery Technology Market
The Global Drug Delivery Technology Market is expected to reach USD 7185.08 Billion by 2025, from USD 1268.82 Billion in 2017 growing at a CAGR of 7.6% during the forecast period of 2018 to 2025.
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Global Drug Delivery Technology Market, By Route of Administration (Oral Drug Delivery, Pulmonary Drug Delivery, Injectable Drug Delivery Ocular Drug Delivery, Nasal Drug Delivery, Topical Drug Delivery Implantable Drug Delivery and Transmucosal Drug Delivery), By Facility of Use (Hospitals, Ambulatory Surgical Centers/Clinics, Home Care Settings, Diagnostic Centers and Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Major Market Drivers & Market Restraint: Global Drug Delivery Technology Market
• Widespread presence of chronic diseases
• Growth in the demand of biologics market
• Advancements in technology
• Launch of new product
• Launch of new advanced technologies in emerging markets
• Self-administration & home care
• Risk of needle-stick injuries
• Side effects of drug
• Recalling of products
Competitive Analysis
The global drug delivery technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of drug delivery technology market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation: Global Drug Delivery Technology Market
The global drug delivery technology market is segmented on the basis of route of
• administration,
• facility of use and
• geography
Based on route of administration the market is segmented into
• oral drug delivery,
• pulmonary drug delivery,
• injectable drug delivery ocular drug delivery,
• nasal drug delivery,
• topical drug delivery implantable drug delivery and
• transmucosal drug delivery
Implantable drug delivery is sub-segmented into active implantable drug delivery and passive implantable drug delivery. The transmucosal drug delivery is sub-segmented into oral transmucosal drug delivery and other transmucosal drug delivery. The oral transmucosal drug delivery is further sub-segmented into buccal drug delivery and sublingual drug delivery whereas the other transmucosal drug delivery is further sub-segmented into rectal transmucosal drug delivery and vaginal transmucosal drug delivery.
based on the facility of use, the global drug delivery technology market is segmented into
• hospitals,
• ambulatory surgical centers/clinics,
• home care settings,
• diagnostic centers and other facilities of use
Based on geography the global drug delivery technology market report covers data points for 28 countries across multiple geographies namely
• North America & South America,
• Europe,
• Asia-Pacific and,
• Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
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Top Competitors of Market
• Johnson & Johnson Services, Inc.,
• F. Hoffmann-La Roche AG,
• Merck Sharp & Dohme Corp.,
• Bayer AG,
• Pfizer Inc,
• Novartis AG,
• 3M,
• BD,
• Becton,
• Dickinson and Company,
• GSK group of companies,
• Sanofi,
• Antares Pharma,
• Generex Biotechnology Corp.,
• EyePoint Pharmaceuticals,
• Alkermes,
• Aradigm Corporation.,
• Vectura Group plc,
• NanoPass,
• Baxter,
• AstraZeneca,
• Takeda Pharmaceutical Company Limited
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