Drug Delivery Technology Market | Key Technology and Application Market 2023

Drug delivery system is the process to administer therapeutic substance through common route of administration to achieve a therapeutic effect in humans or animals. Drugs delivery technology controls the rate and time of the drug released in the body thus improving the efficacy of the drug.

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Increase in prevalence of chronic diseases, demand for biologics, and technological advancements majorly drive the market. In addition, increase in demand for biosimilar and generic drugs have boost the market growth. However, risk of needle-stick injuries and side effects of drugs restrict the market growth.

The report segments the drug delivery systems market based on route of administration, end-user, and geography. According to the route of administration, it is segmented as oral route, parenteral route, transdermal route, inhalation route, and nasal drug delivery. Parenteral route is further categorized into intramuscular, intravenous, intra-arterial, and subcutaneous route. By end-user, it is divided into clinics, diagnostic centers, and home care settings. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major key players operating in this market include Bayer AG, Johnson & Johnson, Novartis AG, Pfizer, Inc., 3M Company, and F. Hoffmann-La Roche Ltd.

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Key Benefits for Stakeholders

• This report offers an extensive analysis of the current trends and emerging estimations through 20162023 of the global drug delivery technology market, which assist to identify the prevailing opportunities.
• Comprehensive analysis of all geographical regions is provided, along with factors that drive and restrict the market growth.
• Quantitative analysis of the market from 2016 to 2023 is provided to showcase the financial scenario of the market.
• The market conditions are comprehensively analyzed region- and country-wise.

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