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Controlled Release Drug Delivery Market: Global Market Size and Forecast 2019-2025
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Further, increasing awareness regarding the benefits of controlled release drug delivery systems over conventional drug delivery systems are the major factors that are driving the growth of the controlled release drug delivery market across the globe. Moreover, a controlled release drug delivery system facilitates a dose reduction that reduces the risk of overdose in older people. Extended patent protection is another major benefit offered by these systems. A patent expires 20 years from the date of filing. Certain companies will produce and sell lower-priced, generic versions of the drug after a patent expires. Such generic versions may potentially account for up to 90% of a drug's revenues, according to the US Pharmacist, resulting in a sharp reduction in revenue for the original drug company.
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The additional advantage of the controlled-release drug reformulations is that the FDA approval process is shorter than it would be for a new drug as it can match the current version of the market. The key market players in the global controlled-release drug delivery market including Alza Corporation (Johnson & Johnson), Corium International Inc., Depomed, Inc., Coating Place, Inc., Pfizer Inc., and SKY Pharmaceuticals Pvt. Ltd. among others are desperately adopting new strategies to increase profitability and in line with this number of companies are bringing in the market, the modified-release formulations of existing drugs due to short pathway for approval while maintaining their market share. New product launches and geographical expansion are the key focus of major market players of the controlled-release drug delivery market.
Global Controlled Release Drug Delivery Market Segmentation
By Type
• Metered Dose Inhalers
• Injectable
• Transdermal and Ocular Patches
• Infusion Pumps
• Oral Controlled-Drug Delivery Systems
By Technology
• Wurster technique (Drug Coating)
• Coacervation
• Micro Encapsulation
• Implants
• Transdermal
• Targeted Delivery
• Others (Liposomes)
Global Controlled Release Drug Delivery Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle-East Africa
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667,+91 780-304-0404
Controlled release drug delivery is a form of dosage system that aids in the delivery of the drug to the patients over an extended period of time or at a specific duration.
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Report Table of Contents
1 Drug Delivery: An Advancing Trajectory
1.1 Preface Towards Drug Delivery
1.2 Idealism of Drug Delivery System
2. Introduction to Controlled Drug Delivery
2.1 Novel Drug Delivery Systems
2.2 Preamble to Controlled Drug Delivery
3. Evolution of Controlled Drug Delivery
3.1 First Generation
3.2 Second Generation
4. Fundamentals of Controlled Drug Delivery
4.1 Prerequisites…
