Press release
Controlled Release Drug Delivery Market is projected to witness lucrative growth by reaching up to USD 101.3 billion by 2031.
Controlled Release Drug Delivery Market - DataM Intelligence
The Global Controlled Release Drug Delivery Market reached USD 50.9 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 101.3 billion by 2031. The global controlled release drug delivery market is expected to exhibit a CAGR of 9.2% during the forecast period (2024-2031).
Controlled release drug delivery devices hold a distinct advantage over traditional drug administration methods.
The shift in physicians' prescribing habits towards these controlled release systems, due to their high therapeutic effectiveness, enhanced patient adherence, and reduced treatment costs, is anticipated to fuel the expansion of the controlled release drug delivery market.
Moreover, the market for controlled release drug delivery is experiencing rapid growth due to several factors, including increased therapeutic effectiveness, reduced side effects, lower treatment costs, and ongoing research and development activities. The market is witnessing a surge in demand from North American regions, such as the U.S. and Canada, due to their substantial healthcare spending. Key market players include Coating Place, Inc, Corium International, Inc, Depomed, Inc, among others.
For More Insights Request Free Sample: https://www.datamintelligence.com/download-sample/controlled-release-drug-delivery-market
Controlled Release Drug Delivery Market Trends
The Growth of the Controlled Release Drug Delivery Market is Driven by the Increasing Prevalence of Chronic Diseases
The escalating incidence of chronic diseases such as diabetes, hypertension, cancer, among others, is anticipated to propel the market growth. Chronic diseases, especially obesity and diabetes, are a significant concern for the elderly population. For example, the global rise in diabetes prevalence is a key driver for market growth. The International Diabetes Federation estimates that by 2021, about 537 billion individuals, or one in every ten people globally, will have diabetes.
This number is projected to increase to 643 billion by 2030, and 783 billion by 2045. Moreover, three-quarters of individuals with diabetes reside in low- and middle-income countries. In 2021, diabetes was responsible for nearly 6.7 billion deaths worldwide, claiming one life every five seconds. The healthcare expenditure on diabetes in 2021 is expected to exceed D 966 billion, marking a 316% increase over the past 15 years. Therefore, the rise in diabetes is a significant factor driving market growth.
View Full Report: https://www.datamintelligence.com/research-report/controlled-release-drug-delivery-market
Market Segmentation
By Release Mechanism
Polymer-based drug delivery system
Activation modulated drug delivery system
Chemically activated drug delivery system
By Technology
Wurster technique
Micro encapsulation
Coacervation
Targeted delivery
Others
By Route of Administration
Drug-eluting stents
Ocular implants
Auto-injectors/ Needle-free injectors
Nasal sprays
Infusion pumps
Market Key Players
Major players are Johnson and Johnson, Coating Place, Inc, Corium International, Inc, Depomed, Inc, Pfizer, Inc, Biogen, GlaxoSmithKline, Novartis, Orbis Biosciences, Inc., Merck and Co.
Trending Reports
Liposome Drug Delivery Market - https://www.datamintelligence.com/research-report/liposome-drug-delivery-market
Intranasal Drug Delivery Market - https://www.datamintelligence.com/research-report/injectable-drug-delivery-market
Microneedles Drug Delivery Market - https://www.datamintelligence.com/research-report/microneedles-drug-delivery-market
Drug Delivery Devices Market - https://www.datamintelligence.com/research-report/drug-delivery-devices-market
Contact Us:
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About DataM Intelligence:
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Controlled Release Drug Delivery Market is projected to witness lucrative growth by reaching up to USD 101.3 billion by 2031. here
News-ID: 3405124 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Smart Agriculture Market is expected to reach USD 13.3 billion by …
Market Size and Growth:
The Global Smart Agriculture Market Size reached USD 22.6 billion in 2022 and is expected to reach USD 35.4 million by 2031, growing with a CAGR of 5.8% during the forecast period 2024-2031. The Market is growing due to increasing adoption of IoT, AI, and automation technologies in farming, aimed at improving crop yield, efficiency, and sustainability. According to DataM Intelligence
Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/smart-agriculture-market?sz
The…
United States Advanced Composites Market is expected to reach US$ 9.56 billion b …
Market Size and Growth:
The Global Advanced Composites Market Size reached US$ 35.3 billion in 2022 and is expected to reach US$ 78.8 billion by 2031, growing with a CAGR of 10.6% during the forecast period 2024-2031. The Market is growing due to increasing demand for lightweight, high-strength materials across aerospace, automotive, and construction industries, coupled with technological advancements in composite manufacturing. According to DataM Intelligence
Get a Free Sample Research PDF:…
United States Polyphenols-Rich Foods Market is expected to reach US$ 600 Million …
Market Size and Growth:
The Global Polyphenols-Rich Foods Market Size reached US$ 412.5 million in 2023 and is expected to reach US$ 719.42 million by 2031, growing with a CAGR of 7.2% during the forecast period 2024-2031. The Market is growing due to increasing consumer awareness of the health benefits of polyphenols, such as antioxidant and anti-inflammatory properties, driving demand for functional and natural foods. According to DataM Intelligence Report.
Get a…
United States Carbon Dioxide Monitor Market is expected to reach US$ 2.7 Billion …
Market Size and Growth:
The Global Carbon Dioxide Monitor Market Size reached US$ 7,800.45 million in 2024 and is expected to reach US$ 13,450.78 million by 2032, growing with a CAGR of 6.75% during the forecast period 2025-2032. The Market is growing due to increasing demand for indoor air quality monitoring and rising environmental regulations to control CO2 emissions.
Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/carbon-dioxide-monitor-market?sz
The Carbon Dioxide (CO2) Monitor Market refers…
More Releases for Drug
Injectable Drug Delivery Market Injectable Drug Delivery Market
Leading market research firm SkyQuest Technology Group recently released a study titled ' Injectable Drug Delivery Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2031,' This study Injectable Drug Delivery report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Injectable Drug Delivery Market extensively demonstrates existing and upcoming…
Global Advanced Drug Delivery Systems Market Size - By Product Type(Oral Drug De …
Market Overview and Report Coverage
Advanced Drug Delivery Systems (ADDS) refer to innovative technologies designed to improve the administration and efficacy of therapeutics, enhancing the way medications are delivered to targeted areas within the body. These systems aim to optimize treatment outcomes by increasing the bioavailability, reducing side effects, and facilitating controlled drug release. Employing methods such as nanoparticles, liposomes, and implantable pumps, ADDS are revolutionizing personalized medicine and expanding therapeutic…
Global Cancer Antibody Drug Conjugate Market Size, Drug Sales, Drug Dosage, Pric …
Global Cancer Antibody Drug Conjugate Market Size, Drug Sales, Drug Dosage, Price, and Clinical Trials Outlook 2029 Report Highlights:
* Global Antibody Drug Conjugates Market Opportunity: > 40 Billion By 2029
* Global and Regional Antibody Drug Conjugate Market Insight
* Approved Drugs Sales Insight Global and Regional, Yearly and Quarterly, 2019 -2023
* Approved Antibody Drug Conjugates - Availability, Dosage and Price Insight
* Insight On Antibody Drug Conjugates In Clinical Trials: > 550…
Alcohol Testing And Drug Testing Equipment Market 2025 Segmentation, Application …
Market Study Report, LLC, has compiled an exhaustive research study of the ‘Alcohol Testing And Drug Testing Equipment market’, detailing every single market driver and intricately analyzing the business vertical. This ‘Alcohol Testing And Drug Testing Equipment market’ study will aid in seeking out new business opportunities and fine-tuning existing marketing strategies through insights regarding SWOT analysis, market valuation, competitive spectrum, regional share, and revenue predictions.
Alcohol abuse and drug…
How much Diabetes Drug Market Impact Worldwide Medical Drug Industry?
Diabetes Drug Market From an insight perspective, the market report focuses on various levels of analyses — industry analysis, market rank analysis, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions, and countries as well as their respective regulatory policies, Types ,Applications and opportunities in the market.
Diabetes is a metabolic disorder in which the body glucose level is elevated. There are two types of diabetes…
Hepatitis Drug Market Hepatitis Drug Clinical Pipeline Report 2023
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990
Report Table of Contents
1. Introduction to Hepatitis Disease
1.1 Prologue
1.1.1 History of Hepatitis
1.1.2 Causes of Hepatitis Disease
1.2 Types of Viruses which are Responsible for Hepatitis Disease
2. Global Prevalence of Hepatitis Infection
3. Available Drug Classes for Hepatitis Disease Treatment
3.1 Interferon Alfa Therapy
3.2 Protease Inhibitors Therapy
3.3 Polymerase…
