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Visiongain’s new report says, ‘Drug delivery technologies market set to grow to $355bn by 2024’.
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https://www.visiongain.com/report/drug-delivery-technologies-market-forecast-2019-2029/
The Drug Delivery Technologies Market is estimated to grow at a CAGR of 7.8% from 2019 to 2029, driven by exciting new technologies and the potential of extending product life by developing new formulations.
Over the last ten years, the global drug delivery technologies market has witnessed a significant increase in the number of drug delivery companies offering innovative technologies to pharmaceutical manufacturers. Drug delivery technology is an important enabling technology for pharmaceutical products. These platforms are often used by pharmaceutical companies for various reasons, which importantly include the extension of product lifecycle.
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 207 549 9987
There are companies developing new technologies to take advantage of the potential for growth that is abundant in this market. This rapidly expanding market provides growth opportunities for developers willing to invest in R&D. This report profiled the selected companies: 3M, Alkermes PLC, Altea Therapeutics Corporation, Antares Pharma Inc., Applied Pharma Research S.A. (APR), Becton, Dickinson & Company and others.
The lead analyst commented that “The potential use of drug delivery technologies in product lifecycle management and the enhancement of drug efficacy in many therapeutic sectors will act as drivers for growth of the market over the coming decade. This is mainly due to the rising demand from pharmaceutical companies looking to innovate and improve the marketability of their drugs. The potential of extending the patent life of a drug by developing new formulations will act as a driver for the market as it will prompt pharma companies to seek to maximise the return on investment from each marketed drug.”
For more pharma reports, please visit our website:
https://www.visiongain.com/industries/pharma/
Related reports:
• Clinical Trial Supply and Logistics Market for Pharma 2019-2029
https://www.visiongain.com/report/clinical-trial-supply-and-logistics-market-for-pharma-2019-2029/
• Top 25 Biosimilar Drug Manufacturers 2019
https://www.visiongain.com/report/top-25-biosimilar-drug-manufacturers-2019/
• Global Drug Discovery Outsourcing Market Forecast to 2028
https://www.visiongain.com/report/global-drug-discovery-outsourcing-market-forecast-to-2028/
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 207 549 9987
About Visiongain
Visiongain is one of the fastest-growing and most innovative independent business intelligence providers in Europe.
Based in London, UK, Visiongain publishes independent and insightful market reports across a wide range of industry verticals, including automotive, chemical, cyber, defence, energy, pharmaceutical, materials and many more sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. The company has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original business intelligence to depend upon
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