North America dominates the global injectable drug delivery market due to growing healthcare expenditures and technological advances.

Injectable drug delivery system is the infusion method, which administers the drug into the body by piercing the skin with the help of syringe attached to the needle. Most popular route it follows includes intravenous (IV), subcutaneous (SC) or Intramuscular (IM) and exhibit cent percent bioavailability. It is a promising alternative for drugs, which are poorly absorbed or ineffective when administered orally.

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Injectable drug delivery market includes drug delivery devices and drug formulations that are expected to grow with a promising CAGR during the forecast period. The profound analysis of injectable drug delivery provides various aspects of the market such as market trends, product analysis, market drivers, restraints and opportunities. Competitive landscape section focuses on key leaders within the injectable drug delivery market and their major strategies to capture the market. In-depth segmental analysis helps to understand the market dynamics and also would benefit professionals in the decision-making process.

Injectable drug delivery systems are well known and highly accepted due to their faster onset of action with high efficacy. Injectable drug delivery market is primarily driven by rising incidences of chronic diseases such as diabetes and cancer. Management of product life cycle and advanced technologies has also fueled the growth of this market. The increasing popularity of biologics drug delivery through injectable route also supports the growth of this market. Maintenance of high sterile condition is essential to make the formulation contamination free.

Hence, this market is characterized by strict regulatory guidelines to ensure the safety and quality of the formulations. Other restraining factors include infections arising due to contaminated needles, product recalls and high incidences of needlestick injuries. Development of efficacious biosimilars and emerging markets such as Brazil, India, and China, are significant growth opportunities.

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Global Injectable Drug Delivery Market by Formulation Technologies:

The global injectable drug delivery market is segmented into two major formulation technologies: conventional and novel drug delivery systems. Formulation technologies are the largest segments in the overall injectable drug delivery systems. The growth of this segment is attributed to the development of novel injectable systems such as Liposomes and Nanoparticles.

Global Injectable Drug Delivery Market by Device Technologies:

Based on device technologies, the global injectable drug delivery market is broadly segmented into Conventional devices, Self-injecting devices, and others. Conventional injectable devices form the largest segment in device technologies market. Self-injecting devices are the fastest growing segment in the injectable devices market as it helps to solve the problem of patients not completing the dose cycle. This technology is cost effective as it decreases the number of hospital visits.

Global Injectable Drug Delivery Market by Application:

Based on its applications, the global injectable drug delivery market is classified into different categories such as Hormonal Disorders, Auto-Immune Diseases, Oncology, Orphan/Rare Diseases, and Others. Hormonal disorders dominate the application segment of the injectable drug delivery devices market.

Global Injectable Drug Delivery Market by Geography:

Geographically, global injectable drug delivery market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America dominates the global injectable drug delivery market due to growing healthcare expenditures and technological advances. Asia-Pacific is the emerging market for global injectable drug delivery systems due to the potential the region has for expansion and growth. India, Brazil, and China are the promising locations due to growing incidences of chronic diseases and growing healthcare infrastructure.

Competitive Landscape:

The key players within the global injectable drug delivery market include Ypsomed Holding AG, Baxter International, Inc., Becton Dickinson & Co., Terumo Corporation, Antares Pharma, Inc., and Schott AG. The global injectable drug delivery market is highly competitive and diversified with big firms, mid-level firms, and new firms. The high cost of manufacturing and highly competitive environment forces market players to concentrate on merger and acquisition to attain sustainability in the marketplace.

High-Level Analysis:

The comprehensive analysis of the global injectable drug delivery market provides an overview of the market and the key concerns that hinder the market. The market segmentation concentrates on product distribution trends for each segment that would benefit strategist. Market dynamics covers market drivers, restraints and opportunities, which would help to understand the market behavior. Porter’s five forces analysis would be helpful in determining the market profitability. Global injectable drug delivery market shows the presence of numerous manufacturers and buyers along with a high cost of manufacturing.

Moreover, there is a surge in self-injecting devices due to its advantages over other devices. All these factors add to the supplier’s forces and enhance their bargaining power. Global injectable drug delivery market is technology driven; therefore, there is a potential threat of technology obsolescence. Emerging technologies leads to the development of alternative products leading to the potential threat of substitute products. An industrial rivalry is intense due to growing competition to achieve sustainability.

KEY BENEFITS

This report offers the following benefits in particular:
• Pin-point analysis of global injectable drug delivery market including drivers restraints and opportunities that would assist professionals to understand the market behavior.
• Comprehensive geographical analysis is conducted to help the stakeholders to recognize and exploit future opportunities within the global injectable drug delivery market.
• Porter’s five forces framework examines the competitive structure of the global injectable drug delivery market and it would assist strategist in their decision-making process.
• Detailed analysis of the key strategies adopted by key leaders, partnerships and acquisitions within the global injectable drug delivery market would serve highly to professionals in the sector.

KEY DELIVERABLES

The global injectable drug delivery market is segmented into four major categories: formulation, Device, Application, and geography.

MARKET BY FORMULATION TECHNOLOGIES
• Conventional Injectable Drug Delivery Systems
• Solution
• Powder for Reconstitutions/ Lyophilized Systems
• Novel Drug delivery systems (NDDS)
• Microspheres
• Nanoparticles
• Liposomes Polymeric Micelles
• Others

MARKET BY DEVICE TECHNOLOGIES
Conventional Devices

By Material
• Plastic
• Glass

By-product
• Fillable
• Prefilled

By Usability
• Reusable
• Disposable
• Self Injecting Devices
• Needle-Free Injectors
• Pen Injectors
• Auto-Injectors
• Others

MARKET BY THERAPEUTIC APPLICATION
• Hormonal Disorders
• Auto-Immune Diseases
• Oncology
• Orphan/Rare Diseases
• Others

MARKET BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA

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