Press release
Drug Delivery Devices Market - Growth, Trends, And Forecast 2022 - 2031
Drug Delivery Devices Market
According to The Business Research Company's Drug Delivery Devices market report, the global drug delivery devices market reached a value of nearly $66,069.4 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.4% since 2015. The market is expected to grow from $66,069.4 million in 2020 to $100,075.3 million in 2025 at a rate of 8.7%. The drug delivery devices market is then expected to grow at a CAGR of 5.7% from 2025 and reach $132,158.3 million in 2030.
The increasing demand for injectable drugs is expected to fuel the growth of the drug delivery devices market over the forecast period. Drug injection is a procedure of integrating the medication into the bloodstream using a hollow syringe pierced through the skin and into the body. To enhance their market share, players in the injectable drugs sector are obtaining regulatory authorization for various medications used in syringes.
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The Drug Delivery Devices market is segmented -
By Route Of Administration: The drug delivery devices market is segmented by route of administration into
a) Oral Drug Delivery
b) Injectable Drug Delivery
c) Topical Drug Delivery
d) Ocular Drug Delivery
e) Nasal Drug Delivery
f) Transmucosal Drug Delivery
g) Implantable Drug Delivery
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Drug Delivery Devices market.
Major competitors in the Drug Delivery Devices market include · Becton, Dickinson, and Company, Baxter International, B. Braun Melsungen AG, Catalent Pharma Solutions, 3M Company.
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The drug delivery devices market consists of the sales of medical devices and equipment that are used for delivering drugs to a specific part of the body to treat diseases such as cancer, respiratory diseases, diabetes, and cardiovascular diseases and to treat and prevent infectious diseases. The market includes the sales of devices that are specifically made for delivering drugs according to the various administration techniques such as oral drug delivery, injectable drug delivery, topical drug delivery, ocular drug delivery, pulmonary drug delivery, nasal drug delivery, transmucosal drug delivery, and implantable drug delivery. Drug delivery devices are used in various patient care settings such as hospitals, diagnostic centers, pharmaceutical companies, clinics, and home care settings are included in this market.
The Table Of Content For The Drug Delivery Devices Market Include:
1. Drug Delivery Devices Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction to the Drug Delivery Devices market
……
25. Key Mergers And Acquisitions In The Drug Delivery Devices Market
26. Market Background: Nursing Care
27. Drug Delivery Devices Market Opportunities And Strategies
28. Drug Delivery Devices Market, Conclusions And Recommendations
29. Appendix
The Business Research Company's "Global Drug Delivery Devices Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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