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Buccal Drug Delivery System Market 2023- Market Growth, Industry Analysis, Size, Share Analysis, Trends, Drivers, And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Buccal Drug Delivery System Market Size, Growth Rate, And Forecast
The global buccal drug delivery systems market size is expected to grow from $2.97 billion in 2022 to $2.97 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The buccal drug delivery systems market is expected to grow to $4.76 billion in 2027 at a CAGR of 9.7%.
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Buccal Drug Delivery System Market Drivers
The rising prevalence of chronic diseases is expected to propel the growth of the buccal drug delivery systems market going forward. Chronic diseases refer to ailments that persist for a year or longer, such as cancer, heart disease, stroke, diabetes, cancer, and arthritis. These are the most prevalent chronic illnesses that can be managed but not cured and necessitate continuous nutrition and medical care. Buccal drug delivery systems provide appropriate and effective drug delivery for administering mucosal and transmucosal drugs that are required by several patients suffering from chronic diseases such as diabetes and cancer.
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Buccal Drug Delivery System Market Segments
1) By Type: Sublingual, Buccal Tablets and Lozenges, Oral Sprays
2) By Application: Pain Management, Smoking Cessation, Angina Pectoris
3) By End-User: Hospitals, Ambulatory Centers, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the buccal drug delivery system market.
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Buccal Drug Delivery System Market Key Players
Major competitors in the buccal drug delivery system market include Teva Pharmaceuticals Limited, Pfizer Incorporated, GlaxoSmithKline Public Limited Company, Indivior Pharmaceuticals, Catalent, Arx Limited Liability Company, BioDelivery Science International Incorporated.
The Business Research Company's "Global Buccal Drug Delivery System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Buccal Drug Delivery System Market Include:
1. Executive Summary
2. Buccal Drug Delivery System Market Characteristics
3. Buccal Drug Delivery System Market Trends And Strategies
4. Buccal Drug Delivery System Market - Macro Economic Scenario
5. Buccal Drug Delivery System Market Size And Growth
........
26. Africa Buccal Drug Delivery System Market
27. Buccal Drug Delivery System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Buccal Drug Delivery System Market
29. Buccal Drug Delivery System Market Future Outlook and Potential Analysis
30. Appendix
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