Increasing Usage of Biological Drugs Accelerates the Global Drug Delivery Market Growth

According to a new market research report launched by Inkwood Research, the Global Drug Delivery Market is anticipated to generate a revenue of $2988.1 billion by 2030, growing at a CAGR of 6.84% during the forecast period of 2022 to 2030
Browse 83 market data Tables and 120 Figures spread over 336 Pages, along with in-depth analysis on Global Drug Delivery Market by End-User, Route of Administration, & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Drug Delivery Market Scenario
Drug delivery is characterized as the process of administering a pharmaceutical compound for providing therapy for numerous conditions. These drug delivery technologies alter the profile of drug releases, including distribution, elimination, and absorption for the enhancement of product safety as well as efficacy.
The market's key drivers include the increasing use of biological drugs, the increasing incidence of chronic diseases and the prevailing aging population, in addition to the rising demand for effective drug delivery mechanisms. Technological advancements in the arena of drug delivery technology are one of the top factors facilitating the global market's growth. Furthermore, the introduction of new delivery platforms is expected to introduce solutions responsible for optimizing a drug's therapeutic value, thereby finding a fairly improved approach for consistency and safety. Moreover, this aspect also results in better compliance and outcomes.
However, the market may be challenged by key factors such as government regulations delaying processes and increasing rates of drug recalls and drug failures. Besides, over recent years, the number of recalls associated with drug delivery devices has substantially increased due to safety concerns.
The Global Drug Delivery Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Drug Delivery Market by Route of Administration, End-User, & by Geography: https://www.inkwoodresearch.com/reports/drug-delivery-market/#request-free-sample

Market Segmentation
Market by Route of Administration
• Injectable Drug Delivery
o Formulations
 Conventional Drug Delivery Injections
 Long Acting Injectable
 Novel Drug Delivery Formulations
o Devices
 Conventional Injection Devices
 Conventional Injection Devices By Material
 Plastic
 Glass
 Conventional Injection Devices By Product
 Fillable Syringes
 Prefilled Syringes
 Conventional Injection Devices By Usability
 Disposable Syringes
 Reusable Syringes
 Self-Injection Devices
 Needle-Free Injectors
 Pen Injectors
 Auto-Injector
 Wearable Injectors
 Other Injector Devices
• Pulmonary Drug Delivery
o Devices
 Metered Dose Inhalers (MDIs)
 Nebulizers
 Jet Nebulizers
 Ultrasonic Nebulizers Delivery
 Soft Mist Nebulizers
 Dry Powder System
o Formulations
• Nasal Drug Delivery
o Nasal Sprays
o Nasal Drops
o Nasal Gels
o Nasal Powders
• Ocular Drug Delivery
o Formulations
 Liquid Formulation
 Eye Drops
 Liquid Sprays
 Semisolid Formulation
 Eye Ointments
 Gels
 Ocular Devices
 Drug-Coated Contact Lenses
 Ocular Insert
• Topical Drug Delivery
o Formulations
 Semi-Solid Topical Drug Delivery
 Creams
 Ointments
 Lotions
 Gels
 Pastes
 Liquid Topical Drug Delivery
 Solutions
 Suspensions
 Solid Topical Drug Delivery
 Powders
 Suppositories
o Devices
 Transdermal Patches
 Transdermal Gels
• Transmucosal Drug Delivery
o Oral Transmucosal Drug Delivery
 Buccal Drug Delivery
 Sublingual Drug Delivery
o Other Transmucosal Drug Delivery
 Rectal Transmucosal Drug Delivery
 Vaginal Transmucosal Drug Delivery
• Oral Drug Delivery
o Solid Oral Drugs
 Tablets
 Capsules
 Powders
 Pills
o Liquid Oral Drugs
 Solutions
 Syrups
o Semi-Solid Oral Drugs
 Oral Emulsions
 Gels
 Elixirs
• Implantable Drug Delivery
o Active Implantable Drug Delivery
o Passive Implantable Drug Delivery
Market by End-User
• Ambulatory Surgical Centers
• Home Care Settings
• Hospitals
• Other End-Users

Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled
• ALKERMES PLC
• KINDEVA DRUG DELIVERY (FORMERLY 3M DRUG DELIVERY SYSTEMS)
• NOVARTIS AG
• NOVO NORDISK A/S
• BAYER AG
• BECTON, DICKINSON AND COMPANY (BD)
• BOEHRINGER INGELHEIM INTERNATIONAL GMBH
• ANTARES PHARMA INC
• BAXTER INTERNATIONAL INC
• BOSTON SCIENTIFIC CORPORATION
• GLAXOSMITHKLINE PLC
• JOHNSON & JOHNSON
• TERUMO MEDICAL CORPORATION (MICROVENTION INC)
• BAUSCH HEALTH COMPANIES INC (FORMERLY VALEANT PHARMACEUTICALS)

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GLOBAL INJECTABLE DRUG DELIVERY MARKET - The global injectable drug delivery market is set to rise with a CAGR of 8.73% during the forecasted years of 2019 and 2027.
GLOBAL DRUG DISCOVERY DELIVERY MARKET - Global machine learning market is estimated to generate revenue of $22.08 billion by 2027, growing at a CAGR of 32.21% from 2019 to 2027.

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This release was published on openPR.