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Implantable Drug Delivery Market is expected to reach USD 36.12 billion by 2025 A report by top market competitors like Bayer, Boston Scientific, Medtronic, Merck&Co. Inc., Allergan Inc., Bausch and Lomb, Inc., ithetis, Nucletron,Genetech Inc and more
The Global Implantable Drug Delivery Market is expected to reach USD 36.12 billion by 2025, from USD 19.36 billion in 2017 growing at a CAGR of 8.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Benefits of this Report
• Current and future of global implantable drug delivery market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Major Market Drivers and Restraints:
• Increasing Adaptation Towards Minimally Invasive Surgeries
• Increasing Prevalence Of Chronic Diseases
• Rising Emerging Economies
• Rising Number Of Product Recalls
• Stringent Government Regulations
Major Market Competitors/Players: Global Implantable Drug Delivery Market
Some of the major players operating in the global implantable drug delivery market are Bayer, Boston Scientific, Medtronic, Merck&Co. Inc., Allergan Inc., Bausch and Lomb, Inc., ithetis, Nucletron,Genetech Inc., Theragenics, Psivida, Kinamed Inc., K2M Inc., Mako Surgical Corp., Varian Medical System, Arrow International, Eckert Ziegler, Elekta, JVS, and Abbottamong among others.
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Competitive Analysis: Global Implantable Drug Delivery Market
The global implantable drug delivery 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 implantable drug delivery market for global, Europe, North America, Asia Pacific and South America.
Market Segmentation:
Global Implantable Drug Delivery Market By technology the global implantable drug delivery market is segmented into biodegradable implantable drug delivery device technology and non-biodegradable implantable drug delivery device technology.
• On the basis of application the global implantable drug delivery market is segmented into cardiovascular, birth control & contraception, ophthalmology, oncology and others.
• Based on geography, the 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, South Africa and, Brazil among others.
Key Developments in the Market:
• In March 2016, FDA approved V-Go, a wearable 24 hour subcutaneous insulin delivery device by Medtronic for diabetes management, which have helped diabetes treatment outcome.
• In April 2013, Bayer Healthcare launched a hormonal intrauterine device (IUD) called Skyla. The product is launched in Europe with the brand name Jaydess, and is used for the prevention of pregnancy for up to three years.
…And More GET DETAILED TOC AT: https://databridgemarketresearch.com/toc/?dbmr=global-implantable-drug-delivery-market
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