Press release
Sustained Release Drugs Market 2020 Trends, Market Share, Industry Size, Opportunities, Analysis and Forecast To 2026 |Boston Scientific Corporation, Baxter, Abbott, GlaxoSmithKline plc, Novartis AG
Global Sustained Release Drugs Market
Global sustained release drugs market is expected to rise by 2026 registering a substantial CAGR of 7.5% in the forecast period of 2019-2026. This rise in the market can be attributed to the increase in research and development on novel drug delivery, growth in the need for geriatric and pediatric dosage forms and rise in the awareness among people regarding benefits of sustained release
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Few of the major market competitors currently working in the global sustained release drugs market are Assertio Therapeutics, Inc, Coating Place, Inc., Corium Inc., Orbis Biosciences, Inc., Lonza, Aradigm Corporation, Alkermes, Johnson & Johnson Services, Inc, Pfizer Inc, Merck Sharp & Dohme Corp, Dr. Reddy's Laboratories Ltd., Boston Scientific Corporation, Baxter, Abbott, GlaxoSmithKline plc, Novartis AG, Sanofi, F. Hoffmann-La Roche Ltd, Medtronic and others
Key Developments in the Market:
In September 2017, Dr. Reddy's launched antidepressants, Bupropion Hydrochloride Extended-Release Tablets in 150 mg and 300 mg, in the U.S. market after the approval from the U.S. Food & Drug Administration (USFDA). The launch of tablet would help firm, penetrating inside of the U.S. market with increase in their product portfolio at the same time
In October 2015, Capsugel launched its enTRinsic drug delivery technology platform. The technology allows oral delivery for a variety of compounds including proteins, vaccines and peptides which further assists enTRinsic technology to expands the range of targeted and modified release solutions
Competitive Analysis:
Global sustained release drugs 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 sustained release drugs market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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Segmentation: Global Sustained Release Drugs Market
By Product
Gelatin
Polymers
Minerals
Sugars
Chitosan
By Administration Route
Oral
Intramuscular
Subcutaneous
Transdermal
Vaginal
Ophthalmic
Intravenous
By Technology
Targeted Delivery
Micro Encapsulation
Wurster Technique
Transdermal
Implants
Coacervation
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
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