Pharmaceutical Pellets Market 2022 Growth, COVID Impact, Trends Analysis Report 2028

The global pharmaceutical pellets market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Pharmaceutical pellets are simple small free-flowing spherical particles. They are formed by agglomeration of fine powder or granules that can be given in the form of tablets and capsules for various conditions. Additionally, pharmaceutical pellets improve the aesthetic appearance of drugs and are compatible with chemically incompatible drugs. The major factor driving the demand for pharmaceutical pellets is the increasing prevalence of chronic diseases across the globe.

According to the Center for Disease Control and Prevention (CDC), 129 million or 51.8% of noninstitutionalized adults had been diagnosed with at least 1 of 10 selected chronic conditions. Additionally, 24.6% (61 million) of adults had 1 chronic condition, and 27.2% (68 million) had equal or more than 2 chronic conditions. Moreover, the market is also growing due to the increasing healthcare infrastructure as well as increased patient acceptance of drugs which has improved due to the innovation of pharmaceutical pellets.

To Request a Sample of our Report on Pharmaceutical Pellets Market: https://www.omrglobal.com/request-sample/pharmaceutical-pellets-market

Some major players in the market include Rainbow Health Care Products, Abbott Pharmaceuticals, and Gilead Sciences, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in June 2021, Gilead Sciences announced that it has received approval for an oral pellet of hepatitis C drug Epclusa from the US FDA for use in young children who cannot swallow tablets.

Market Coverage

· The market number available for - 2021-2028

· Base year- 2021

· Forecast period- 2022-2028

Segment Covered-

· By Technology

· By Mechanism of Action

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- Rainbow Health Care Products, Abbott Pharmaceuticals, and Gilead Sciences, Inc., among others.

(Get 15% Discount on Buying this Report)

A full Report of Pharmaceutical Pellets Market is Available @ https://www.omrglobal.com/industry-reports/pharmaceutical-pellets-market

Global Pharmaceutical Pellets Market Report by Segment

By Technology

· Extrusion

· Fluid Bed Granulation

· Dry Powder Layering

· Solution & Suspension Layering

· Spray Congealing

· Spray Drying

· By Mechanism of Action

· Diffusion

· Erosion

· Osmosis

Global Pharmaceutical Pellets Market Report by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

· Latin America

· Middle East & Africa

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.