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Drug Delivery Devices Market Updates : is Anticipated to Attain USD 26.7 Billion by 2026, registering a CAGR of 4.3% 2019-2026

02-13-2024 10:18 AM CET | Health & Medicine

Press release from: Allied Market Research

Drug Delivery Devices Market Updates : is Anticipated to Attain

The global drug delivery devices market size was valued at $19 billion in 2018, and is expected to reach $26.7 billion by 2026, registering a CAGR of 4.3% from 2019 to 2026.

CAGR: 4.3%
Current Market Size: USD 19 Billion
Forecast Growing Region: APAC
Largest Market: North America
Projection Time: 2019- 2026
Base Year: 2019

๐‘น๐’†๐’’๐’–๐’†๐’”๐’• ๐‘บ๐’‚๐’Ž๐’‘๐’๐’† ๐‘ช๐’๐’‘๐’š ๐’๐’‡ ๐‘น๐’†๐’‘๐’๐’“๐’• https://www.alliedmarketresearch.com/request-sample/6460

The market size of drug delivery devices is analyzed based on device type, route of administration, and region to provide a comprehensive evaluation. Device types include smart pills, inhalers, drug-eluting stents, safety syringes, implantable drug delivery devices, transdermal patches, and others. The route of administration is bifurcated into hospitals and diagnostic centers, ambulatory surgical centers and clinics, and others. Regionally, the analysis covers North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and the rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and the rest of LAMEA).

In terms of products, inhalers and nebulizers dominated the drug delivery market in 2018 and are expected to maintain this trend due to the increasing prevalence of respiratory diseases like asthma globally. Factors such as heightened awareness regarding the use of inhalers and nebulizers in treating respiratory diseases contribute to the market's growth. The smart pills segment is anticipated to exhibit the fastest CAGR, driven by the benefits associated with these devices, enabling the monitoring of results from different drug administrations and facilitating various stages of drug development.

Regarding end-users, hospitals and diagnostic centers held the major share of the market, driven by the rising prevalence of chronic disorders requiring treatment with drug delivery devices. Ambulatory surgical centers are expected to experience the fastest CAGR during the forecast period due to the increasing number of such centers globally.

๐ƒ๐จ ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/6460

๐Ž๐ฎ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐ฏ๐ข๐๐ž๐ฌ ๐˜๐จ๐ฎ ๐€๐ง๐ฌ๐ฐ๐ž๐ซ ๐ญ๐จ ๐๐ž๐ฅ๐จ๐ฐ ๐Œ๐ž๐ง๐ญ๐ข๐จ๐ง๐ž๐ ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง:

โ€ข Which are the driving factors responsible for the growth of market?
โ€ข Which are the roadblock factors of this market?
โ€ข What are the new opportunities, by which market will grow in coming years?
โ€ข What are the trends of this market?
โ€ข Which are main factors responsible for new product launch?
โ€ข How big is the global & regional market in terms of revenue, sales and production?
โ€ข How far will the market grow in forecast period in terms of revenue, sales and production?
โ€ข Which region is dominating the global market and what are the market shares of each region in the overall market in 2019?
โ€ข How will each segment grow over the forecast period and how much revenue will these segments account for in 2026?
โ€ข Which region has more opportunities?

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (201+ ๐๐š๐ ๐ž๐ฌ ๐๐ƒ๐… ๐ฐ๐ข๐ญ๐ก ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐‚๐ก๐š๐ซ๐ญ๐ฌ, ๐“๐š๐›๐ฅ๐ž๐ฌ, ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ) @ https://www.alliedmarketresearch.com/drug-delivery-devices-market/purchase-options

By region, North America accounted for the major drug delivery devices market share in 2018 and is expected to continue this trend, owing to easy availability of drug delivery devices. Moreover, surge in the incidence of chronic diseases such as diabetes, cancer is another major reason that contributes to the growth of this market. On the other side, Asia-Pacific is estimated to register the fastest growth during the forecast period attributed to the increase in awareness regarding the use of drug delivery devices. Moreover, the constantly evolving life science industry drives the growth of the market in developing economies such as India, China, and South Korea.

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ฎ๐  ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐ƒ๐ž๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ
3M Company
AstraZeneca PLC
BECTON, DICKINSON AND COMPANY
Boehringer Ingelheim group
GlaxoSmithKline plc
Insulet Corporation
Medtronic Plc.
Sulzer Ltd. (Medmix Systems AG)
West Pharmaceuticals Services, Inc.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž- https://www.alliedmarketresearch.com/drug-delivery-devices-market-A06095

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ข๐ง ๐‹๐ข๐Ÿ๐ž ๐’๐œ๐ข๐ž๐ง๐œ๐ž ๐ƒ๐จ๐ฆ๐š๐ข๐ง-
๐‘ท๐’†๐’‘๐’•๐’Š๐’…๐’† ๐‘ป๐’‰๐’†๐’“๐’‚๐’‘๐’†๐’–๐’•๐’Š๐’„๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/peptide-therapeutics-market-A11226

๐‘ถ๐’๐’Š๐’ˆ๐’๐’๐’–๐’„๐’๐’†๐’๐’•๐’Š๐’…๐’† ๐‘บ๐’š๐’๐’•๐’‰๐’†๐’”๐’Š๐’” ๐‘ด๐’‚๐’“๐’Œ๐’†๐’• https://www.alliedmarketresearch.com/oligonucleotide-synthesis-market-A08356

David Correa
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Web: https://www.alliedmarketresearch.com

Alied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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