Drug Delivery Devices Market Provides an In-Depth Insight of Sales and Trends, Forecast to 2024 with Prominent Players| Roche, Pfizer,B.Braun, Novartis AG
Global Drug Delivery Devices Market Overview:
A recent report by Business Industry Reports offers an in-depth analysis of global Drug Delivery Devices market from 2020 to 2024. It also edifies various sides such as key drivers, prominent developments, and various market opportunities for businesses to gain maximum profit in the projected period.
Drug delivery devices are focused tools used for the delivery of a drug or beneficial agent complete a exact route of management. The devices are used one or more than one times for medical treatments. Drug delivery devices present exclusive challenges in all factors of product growth from controlling tactic to design and material considerations through planning and executing testing methodologies. Drug delivery is a significant method of organization of pharmaceutical combinations, which achieve therapeutic outcome in humans or animals. A growth in the number of diabetes patients and an upsurge in the occurrence of cancer and respiratory diseases are lashing the use of drug delivery devices among patients and physicians.
The global drug delivery devices market is fuelled by fast development in technology, surge in funding for drug research, changing lifestyles, increase in patient partiality for drug delivery devices, and rise in government support for research & development. Moreover, a rise in the occurrence of diabetes, which leads to hyperglycemia, is anticipated to lash the drug delivery devices market. Moreover, a increase in the number of patients selecting the use of new drug-delivery systems needed to backing patient mobility is projected to enhance the market in the near future. However, high cost of research & development and devices, high maintenance cost, and introduction of substitute therapy in established countries are projected to restrain the drug delivery devices market in the forecasts year.
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Numerous drug formulations such as insulin and antibiotics are managed through drug delivery devices. These devices help in growing the efficacy of the drug delivery system by directing time, dosage, and place of release of the drugs in the body. Drug delivery devices may be conventional or implantable. Infusion pumps such as ambulatory infusion pumps, insulin infusion pumps, implantable infusion pumps, enteral pumps, and volumetric infusion pumps are some of the drug delivery devices used to administer drugs in medical systems. Infusion catheters such as valves, IV sets, needles, and cannulas are also used for drug delivery. Transcellular and paracellular routes are the routes commonly used to administer drugs. Hospitals, long-term care services, and home care providers are the main users of drug delivery devices.
Market Key Players
The Drug Delivery Devices market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. Vendors are continually introducing smart medical devices and are investing massively toward the development of next-generation healthcare . Vendors compete based on the quality of Drug Delivery Devices and solutions, services, and advanced characteristics and their performance is affected by factors such as strong competition, accelerated technological advances, and technological obsolescence.
The Drug Delivery Devices market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Product Type Segmentation
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
Purchase this report online with 90 Pages, List of Tables & Figures and in-depth Table of Contents on "Global Drug Delivery Devices Report 2020" @ https://www.businessindustryreports.com/buy-now/260590/single .
Global Industry News:
Roche : Roche's Port Delivery System with ranibizumab shows positive phase III results in neovascular age-related macular degeneration
27 May 2020 - Roche today announced positive topline results from the phase III Archway study, evaluating Port Delivery System with ranibizumab (PDS) in people living with neovascular or "wet" age-related macular degeneration (nAMD). PDS is a permanent refillable eye implant, approximately the size of a grain of rice, which continuously delivers a customised formulation of ranibizumab over a period of months. The Archway trial met its primary endpoint, demonstrating that patients with PDS who received refills every six months achieved visual acuity outcomes equivalent to those receiving monthly ranibizumab 0.5 mg injections. In Archway, PDS was generally well-tolerated with a favorable benefit-risk profile.
Neovascular AMD is a leading cause of blindness in people aged 60 and older globally. The current standard of care for nAMD requires patients to visit their ophthalmologist as often as monthly for eye injections of anti-vascular endothelial growth factor (VEGF) therapy to help maintain vision gains and/or prevent vision loss. This high treatment burden with anti-VEGF therapy can lead to under-treatment of nAMD and, potentially, less than optimal vision outcomes.
"For people around the world receiving frequent eye injections for neovascular AMD, this continuous delivery system could greatly reduce their treatment burden," said Levi Garraway, M.D., Ph.D., Roche's Chief Medical Officer and Head of Global Product Development. "We look forward to presenting detailed Archway results at future medical meetings and discussing these data with regulatory authorities, with the aim of bringing this new treatment option to patients as soon as possible."
In addition to Archway, the Portal study is investigating the long-term safety and tolerability of PDS for the treatment of nAMD. Furthermore, PDS is also being studied in the Pagoda trial for the treatment of diabetic macular edema (DME), a vision-threatening complication of diabetes.
Full results from the Archway study will be presented at an upcoming medical meeting and submitted to health authorities around the world, including the US Food and Drug Administration and European Medicines Agency, for consideration of regulatory approval for the treatment of nAMD.
Key Points Covered :
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry's value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Major Points in Table of Contents:
Section 1 Drug Delivery Devices Product Definition
Section 2 Global Drug Delivery Devices Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Drug Delivery Devices Shipments
2.2 Global Manufacturer Drug Delivery Devices Business Revenue
2.3 Global Drug Delivery Devices Market Overview
Section 3 Manufacturer Drug Delivery Devices Business Introduction
3.1 Cipla Drug Delivery Devices Business Introduction
3.1.1 Cipla Drug Delivery Devices Shipments, Price, Revenue and Gross profit 2014-2019
3.1.2 Cipla Drug Delivery Devices Business Distribution by Region
3.1.3 Cipla Interview Record
3.1.4 Cipla Drug Delivery Devices Business Profile
3.1.5 Cipla Drug Delivery Devices Product Specification
3.2 Baxter International Drug Delivery Devices Business Introduction
3.2.1 Baxter International Drug Delivery Devices Shipments, Price, Revenue and Gross profit 2014-2019
3.2.2 Baxter International Drug Delivery Devices Business Distribution by Region
3.2.3 Interview Record
3.2.4 Baxter International Drug Delivery Devices Business Overview
3.2.5 Baxter International Drug Delivery Devices Product Specification
3.3 Nipro Corporation Drug Delivery Devices Business Introduction
3.3.1 Nipro Corporation Drug Delivery Devices Shipments, Price, Revenue and Gross profit 2014-2019
3.3.2 Nipro Corporation Drug Delivery Devices Business Distribution by Region
3.3.3 Interview Record
3.3.4 Nipro Corporation Drug Delivery Devices Business Overview
3.3.5 Nipro Corporation Drug Delivery Devices Product Specification ................... Request free sample to get a complete Table of Content
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