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Global Drug-Device Combination Market Analysis by Capital Investment, Industry Outlook, Growth Potential, Opportunities & Trends 2028
Drug-Device Combination Market business research report provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years. Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the key factors of this market report. The market analysis of this market report provides an examination of various market segments that are supposed to witness the fastest development amid the estimated forecast frame. The wide ranging Drug-Device Combination Market report presents the data and information for actionable, most modern and real-time market insights which makes it easy to go for critical business decisions.Global drug-device combination market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.2% in the forecast period of 2021 to 2028 and is expected to reach USD 30,854.85 million by 2028. The pandemic outbreak of COVID-19 and growing initiative activities by the government; are the major drivers which propelled the demand of the market in the forecast period.
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The increasing prevalence of chronic disease advancement in technology effectively helps the growth of the drug-device combination market. However, the limitations and complications associated with the drug-device combination products may hamper the future growth of the drug-device combination market. The collaboration and partnerships by major market players act as an opportunity. However, strict regulatory framework acts as a challenge for the growth of the global drug-device combination market.
Key Market Competitors Covered in the Report
Medtronic
Zimmer Biomet
Amgen Inc.
Mediprint
Propeller Health
BD
YPSOMED
CosMED Pharmaceutical Co.Ltd.
Micron Biomedical, Inc.
Findair Sp. z o. o.
VAXXAS
MetP Pharma AG
SONCEBOZ
Eitan Medical
Vaxess Technologies Inc.
Subcuject Aps
E3D Elcam Drug Delivery Devices
OcuMedic
GlaxoSmithKline plc
Bayer AG
NanoPass
Sensirion AG Switzerland
Janssen Pharmaceuticals Inc. (a subsidiary of Johnson & Johnson Sevices, Inc.)
Insulet Corporation
TheraJect
Otsuka America Pharmaceutical, Inc.
Raphas Co., Ltd.
EOFLOW CO., LTD.
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Drug-Device Combination Market Developments
In January 2020, Amgen Inc. announced successful strategic collaboration with BeiGene. It is predicted that this collaboration enhanced the company’s footprints in the China oncology market in the coming years
In October 2020, Glaxosmithkline Plc announced that the European Medicines Agency (EMA) has accepted regulatory submissions seeking approval for the use of anti-IL5 biologic Nucala (mepolizumab) in three additional conditions: hypereosinophilic syndrome (HES), chronic rhinosinusitis with nasal polyps (CRSwNP) and eosinophilic granulomatosis with polyangiitis (EGPA). This has increased the company’s revenue, thereby attracted more customers towards their company
In September 2018, Amgen Inc. received marketing approval from the Japanese Ministry of Health, Labour, and Welfare for Blincyto (blinatumomab). The first line usage of Blincyto (blinatumomab) is to treat relapsed or refractory B-cell acute lymphoblastic leukemia. This approval has accelerated the company position in the Japanese market
Scope of the Drug-Device Combination Market
The global drug-device combination market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Turkey, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Rest of South America, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of Middle East and Africa.
All country-based analysis of the global drug-device combination market is further analyzed based on maximum granularity into further segmentation. On the basis of product, the drug-device combination market is segmented into auto-injector, microneedle patch, digital pill, smart inhaler, drug delivery hydrogels, drug-eluting lens, and others. On the basis of applications, the global drug-device combination market is segmented into orthopedic diseases, respiratory diseases, diabetes, oncology, cardiovascular diseases, and others. On the basis of end-users, the global drug-device combination market is segmented into clinics, hospitals, home care settings, ambulatory care centers, and others. On the basis of distribution channels, the global drug-device combination market is segmented into direct tender, retail sales, and others.
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Research Methodology: Global Drug-Device Combination Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
Demand Side: Manufacturer, Geneticists, Healthcare Industry, Scientists, Research Laboratories
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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Global Injectable Drug Delivery Market – Industry Trends and Forecast to 2028
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Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies ly and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others. We provide a variety of services such as market verified industry reports, technology trend analysis, Formative market research, strategic consulting, vendor analysis, production and demand analysis, consumer impact studies among many others.
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