Press release
Drug Delivery Technology Market Growth Analysis By Technology, Applications, Regions, And Forecast To 2030 | Key Players: Gerresheimer, BD, Kindeva Drug Delivery, Baxter
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/sample/Information-Technology-Communication-IoT/drug-delivery-technology-market/25794
The Global Drug Delivery Technology Market was valued at USD 34.7 Bn in 2021 and is anticipated to reach USD 71.7 Bn by 2030, at a CAGR of 8.5% during the projected period. The key factor propelling the market for drug delivery technology during the aforementioned forecast period is the rising incidence and prevalence of chronic diseases as well as the sizable patient populations globally. In addition, factors such as the expanding number of clinical trials, increased investments by major market participants in the industry, and cheap labor costs all contribute to the industry's overall growth.
By controlling the rate, timing, and place of drug release, the drug delivery system is a device that enables the introduction of medication into the body while improving its effectiveness and safety. The systems include syringes, jet injectors, auto-injectors, along with other drug delivery devices without drugs. Manufacturers of drug delivery systems offer their products through a range of pharmacies, including retail, hospital, and diagnostic center pharmacies, to pharmaceutical companies or directly to consumers.
๐๐ก๐ ๐๐ง๐ก๐๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ซ๐ฎ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐๐ข๐ฌ๐ข๐ง๐ ๐๐ฌ๐๐ ๐ ๐จ๐ ๐๐ง๐ก๐๐ฅ๐๐ซ๐ฌ ๐๐ฅ๐จ๐๐๐ฅ๐ฅ๐ฒ
On the basis of the product type, the global drug delivery technology market is segmented into oral drug delivery, pulmonary drug delivery, inhalation drug delivery, injectable drug delivery, ocular drug delivery, nasal drug delivery, and others. The inhalation drug delivery segment is predicted to dominate the market due to the rising usage of inhalers and the prevalence of respiratory diseases including asthma and other bronchial ailments. Additionally, segment growth is anticipated to be fueled by the product releases of inhalation systems initiated by key industry players.
On the other hand, the injectable drug delivery segment is anticipated to grow significantly during the forecast period as the need for wearable injectable systems for drug administration increases. In addition to this, the rising demand for syringes due to the global vaccination effort is projected to fuel market growth in the near future.
๐๐๐๐๐ข๐ง๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐๐จ๐ง๐๐๐ง๐ญ๐ซ๐๐ญ๐ ๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐ซ๐จ๐ฐ ๐๐ก๐๐ข๐ซ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ๐๐ฌ
The presence of numerous top businesses, who are in part responsible for the market's development, has led to a fragmentation of the global drug delivery technology market. These companies are concentrating on a range of business strategies, including mergers and acquisitions, product creation, investment in R&D activities, collaborations, and many more, to grow their businesses.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ข๐ญ๐ก ๐๐๐@ https://www.extrapolate.com/Information-Technology-Communication-IoT/drug-delivery-technology-market/25794
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐ฏ๐๐๐ ๐ฏ๐๐๐๐๐๐๐ ๐ฟ๐๐๐๐๐๐๐๐๐ ๐๐๐ซ๐ค๐๐ญ:
-Gerresheimer AG
-BD
-Kindeva Drug Delivery L.P.
-Baxter
-West Pharmaceutical Services, Inc.
-Ypsomed AG
-Medtronic
-Pfizer Inc.
-Koch Industries (Phillips-Medisize)
-Renesas Electronics Corporation
-Nemara
-E3D Elcam Drug Delivery Devices
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐๐ข๐ฌ๐๐๐ฌ๐๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
One of the major factors propelling the growth of the global drug delivery technology market over the forecast period is the rising incidence and prevalence of diseases, as well as the sizable patient populations across the globe. Additionally, factors such as a rise in clinical trials, an increase in investments from significant regional players, and low labor costs contribute to driving market growth.
For instance, in Australia, 83% of women over 65 and 43% under 45 reported having a chronic illness, according to the PLOS journal. Consequently, chronic disorders such as diabetes are becoming more common among the geriatric generations. According to WHO, people in their older years have advanced diabetes the most frequently.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
โ In order to enter the synthetic lethality sector, which is still in its early stages in oncology, GlaxoSmithKline plc. partnered up with IDEAYA in November 2020. Within the next three years, it is expected that the clinical trials for its programs MAT2A, Pol Theta, and Werner Helicase will start.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ@ https://www.extrapolate.com/enquire/Information-Technology-Communication-IoT/drug-delivery-technology-market/25794
๐๐ก๐ ๐๐ซ๐ฎ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง ๐๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐๐๐ฌ๐๐ ๐๐ง:
๐๐ฒ ๐๐๐ฏ๐ข๐๐ ๐๐ฒ๐ฉ๐
-Conventional
-Advanced
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
-Oral Drug Delivery
-Pulmonary Drug Delivery
-Inhalation Drug Delivery
-Injectable Drug Delivery
-Ocular Drug Delivery
-Nasal Drug Delivery
-Others
๐๐ฒ ๐๐ง๐ฃ๐๐๐ญ๐จ๐ซ ๐๐ฒ๐ฉ๐
-Disposable
-Reusable
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
-Hospitals
-Clinics
-Diagnostic Centers
-Home Care Settings
-Others
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง
-North America- U.S., Mexico, Canada
-Europe- UK, France, Germany, Italy
-Asia-Pacific- China, Japan, India
-Latin America- Brazil, Argentina, Colombia
-The Middle East and Africa- United Arab Emirates, Saudi Arabia
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ญ๐จ ๐๐๐๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ซ๐ฆ๐๐๐๐ฎ๐ญ๐ข๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
North America is predicted to lead the global market for drug delivery technology due to the rising elderly population, developments in the pharmaceutical industry, and growth in the number of people with diabetes. The regional market is growing as a result of increased R&D investments in diabetic supplements. Furthermore, participants in the North American market are concentrating on a number of strategies to strengthen their market position.
On the other hand, the global market for drug delivery technology in Europe is anticipated to experience significant growth throughout the projection period. This regional growth is attributable to an increase in the region's acceptance of cutting-edge products as well as a rise in awareness of improved medication delivery methods.
๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Drug Delivery Technology Market
Chapter 5. Global Drug Delivery Technology Market Overview, By Device Type, 2017 - 2030(USD Million)
Chapter 6. Global Drug Delivery Technology Market Overview, By Product Type, 2017 - 2030(USD Million)
Chapter 7. Global Drug Delivery Technology Market Overview, By Injector Type, 2017 - 2030(USD Million)
Chapter 8. Global Drug Delivery Technology Market Overview, By End-User, 2017 - 2030(USD Million)
Chapter 9. Global Drug Delivery Technology Market Overview, By Geography, 2017 - 2030(USD Million)
Chapter 10. North America Drug Delivery Technology Market Overview, By Countries, 2017 - 2030(USD Million)
....Continued
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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