Press release
Drug Delivery Devices Market to reach USD 400 Bn by 2029, emerging at a CAGR of 7.4 percent and forecast (2022-2029)
Drug Delivery Devices Market
The report employs a robust research methodology to gather accurate and reliable data. Market players, regions, and specific requirements were considered during data collection. The report presents key data analysis in the form of statistics, infographics, and presentations to provide a comprehensive overview of the market's significant improvements.
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What are Drug Delivery Devices Market Dynamics?
The increasing prevalence of chronic diseases like diabetes, cancer, asthma, and Chronic Obstructive Pulmonary Disease (COPD) is a major driver for the drug delivery devices market. Additionally, advancements in technology and the launch of new products, along with the digitalization of the healthcare sector, have created growth opportunities for companies operating in this market.
Stringent regulations and product recalls imposed by regulatory authorities, such as the U.S. FDA, pose challenges to the market. Frequent product recalls due to negative side effects, non-compliance, and data security issues hinder market growth. Moreover, the intrusive nature of some devices and the strict evaluation criteria for product performance and safety by regulatory authorities limit the launch of technologically advanced and novel items.
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What is Drug Delivery Devices Market Segmentation?
By Route of Administration
• Oral
• Inhalation
• Transdermal
• Injectable
• Others
By Application
• Oncology
• Infectious Diseases
• Respiratory Diseases
• Diabetes
• Cardiovascular Diseases
• Autoimmune Diseases
• Central Nervous System Disorders
• Others
By End-User
• Hospitals
• Diagnostic Centers
• Ambulatory Surgery Centers/Clinics
• Home Care Settings
• Others
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Who are Drug Delivery Devices Market Key Players?
• BD
• F. Hoffmann-La Roche Ltd
• Antares Pharma
• Novartis AG
• 3M
• Sulzer Ltd
• Gerresheimer AG
• Sanofi
• Johnson & Johnson Services, Inc.
• Bayer AG
• GlaxoSmithKline plc
• Novosanis
• MEDMIX SYSTEMS AG
• Merck & Co., Inc.
• Pfizer Inc.
• Insulet Corporation
• OraSure Technologies, Inc.
• Enable Injections
• West Pharmaceutical Services, Inc.
• SMC Ltd.
• ViVO Smart Medical Devices Ltd.
• Cipla Inc.
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Table of content for the Drug Delivery Devices Market includes:
1. Global Drug Delivery Devices Market: Research Methodology
2. Global Drug Delivery Devices Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Drug Delivery Devices Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Drug Delivery Devices Market Segmentation
• Global Market, by Route of Administration (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by End-User (2021-2029)
5. Regional Drug Delivery Devices Market (2021-2029)
• Regional Market, by Route of Administration (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by End-User (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Regional Insights:
North America held the largest market share in 2021, accounting for 34% of the global drug delivery devices market. The region's rapid expansion of the COVID-19 immunization drive, leading to increased demand for syringes, contributed to its dominance. Furthermore, the growing hospital admissions in the region are expected to fuel the market growth for drug delivery devices. Europe is projected to have the second-largest market share, driven by the region's adoption of innovative products and increased awareness of modern drug delivery methods.
The report aims to provide stakeholders in the industry with a comprehensive analysis of the drug delivery devices market. It includes a detailed assessment of key players, market size, trends, competitive analysis, and the impact of micro-economic factors. The report serves as a valuable guide for investors, decision-makers, and industry participants seeking to understand the dynamics and structure of the drug delivery devices market.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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