Press release
Microneedle Drug Delivery Systems Market Outlook 2024: Innovations and Growth Drivers
Microneedle Drug Delivery Systems Market Outlook
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=5338&type=smp
According to The Business Research Company's, The microneedle drug delivery systems market size has grown rapidly in recent years. It will grow from $4.32 billion in 2023 to $5.13 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to pain-free drug delivery, enhanced patient compliance, chronic disease management, cosmetic and aesthetic applications, vaccine administration.
The microneedle drug delivery systems market size is expected to see rapid growth in the next few years. It will grow to $9.82 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%. The growth in the forecast period can be attributed to cosmetic and aesthetic applications, emerging therapies, pediatric and geriatric use, global health initiatives, point-of-care testing. Major trends in the forecast period include smart microneedles, advancements in material science, advancements in wearable technology, biodegradable materials, continuous glucose monitoring.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/microneedle-drug-delivery-systems-global-market-report
Market Drivers and Trends:
The increase in research and demand for the vaccination process are predicted to drive the microneedle drug delivery systems market growth. Researchers view microneedle as an alternative way to inject vaccines where the receiver of the vaccine is expected to not feel any sensation of pain. Microneedle patches vaccine was developed initially for flu and measles; however, the technology is now being used increasingly for delivery of COVID-19 vaccine as well. According to a Bloomberg report, more than 3.98 billion doses of vaccine have been administered across 180 countries until July 2021. Increased demand from government and health research and development bodies for microneedle drug delivery technology propels the market for the growth of microneedle drug delivery systems market going forward.
Major companies operating in microneedle drug delivery systems are focusing on innovating products, such as the MicronJet 600, to provide reliable services to customers. MicronJet 600 is used as a microneedle drug delivery system for vaccines, drugs, peptides, and dermal fillers. For instance, in November 2021, NanoPass Technologies Ltd., a US-based company that develops painless intradermal delivery solutions for vaccines and drugs, launched MicronJet 600. The MicronJet 600 is a microneedle-based device for intradermal drug delivery. It is the first and only true (
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Microneedle Drug Delivery Systems Market Outlook 2024: Innovations and Growth Drivers here
News-ID: 3732102 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Cannabis Vaporizers Market
The cannabis* vaporizers market has witnessed significant expansion recently, driven by changing perceptions and regulatory landscapes surrounding cannabis* use. As more regions legalize cannabis* and consumers become increasingly health-conscious, the demand for safer alternatives to traditional smoking methods continues to rise. Let's explore the current market size, key players, emerging trends, and segmentation insights shaping this evolving industry.
Steady Growth Outlook for the cannabis* Vaporizers Market by 2029
The cannabis*…
Emerging Growth Patterns Driving the Expansion of the Window Film Market
The window film industry has been experiencing significant growth, driven by evolving building technologies and increasing consumer awareness. As demand rises for smarter, more sustainable, and safer architectural solutions, the market is set to expand further in the coming years. Below, we explore the current market size, key players, technological developments, and the trends shaping the window film sector.
Window Film Market Size and Projected Growth Through 2029
The window…
Overview of Segmentation, Market Dynamics, and Competitive Landscape in the Baby …
The baby wipes market has demonstrated consistent growth over recent years, driven by evolving consumer habits and increasing hygiene consciousness. As parents seek convenient and gentle solutions for infant care, the market is set for continued expansion. Below is a detailed look at the current market size, driving factors, key players, and future trends shaping the baby wipes industry.
Steady Increase in Baby Wipes Market Size Through 2025
The baby…
Segment Analysis and Major Growth Areas in the Synthetic Leather and Artificial …
The synthetic leather, also known as artificial leather, market has been experiencing notable growth and is poised for further expansion in the coming years. Driven by various industry demands and shifting consumer preferences, this market is attracting considerable attention from manufacturers and investors alike. Let's explore the current market size, key players, driving factors, and emerging trends shaping this sector's future.
Steady Expansion of the Synthetic Leather Market Size
In…
More Releases for Microneedle
Microneedle Drug Delivery Systems Market to Reach USD 10.85 Billion by 2032 at a …
According to a new report by Maximize Market Research, the global microneedle drug delivery systems market was valued at USD 6.22 billion in 2024 and is projected to reach nearly USD 10.85 billion by 2032, growing at a CAGR of 7.2% between 2025 and 2032.
► Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/215694/
♦ Key Highlights:
Market size + CAGR: USD 6.22 billion in 2024, projected to reach USD 10.85 billion by 2032, CAGR…
Emerging Trends to Reshape the Microneedle Drug Delivery Systems Market: Innovat …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Microneedle Drug Delivery Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for microneedle drug delivery systems has seen notable expansion in the previous years. From $5.01 billion in 2024, it is projected to expand to $5.86 billion in 2025, marking a compound…
Sincoheren: 3 In 1 Gold RF Microneedle Machine
Short Description:
This 3-in-1 gold RF microneedle device combines three advanced technologies - Radiofrequency Microneedling, Radiofrequency Acne Needling and Cold Hammering - to provide the ultimate solution for rejuvenating and improving skin texture.
Microneedling RF is a highly effective treatment that combines microneedling with radiofrequency energy to deliver impressive skin tightening and resurfacing results. The technology involves using fine needles to create microchannels in the skin, allowing for the precise and controlled…
Youwe's Advanced Microneedle Patches for Professional Skin Care
It's microneedle patches that are changing the face of professional skincare. These near-invisible devices are changing the way we view skin beauty. State-of-the-art derma cosmetic technologies in microneedle patches bring a non-invasive but highly effective way to deliver active ingredients deep into the skin. Youwe [https://youwebio.com/] is a pioneer in this area and has come up with advanced microneedle patches that fill the gap between professional treatments and daily skincare…
Dissolvable Microneedle Patches Market 2024 | Valuates Reports
Dissolvable Microneedle Patches Market 2024 | Valuates Reports
The global Dissolvable Microneedle Patches market was valued at US$ 1085.4 million in 2023 and is anticipated to reach US$ 1711.3 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.
View Sample Report
https://reports.valuates.com/request/sample/QYRE-Auto-6Y16909/Global_Dissolvable_Microneedle_Patches_Market_Research_Report_2024
Report Scope
The Dissolvable Microneedle Patches market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the…
Microneedle Drug Delivery Systems Market - The future of drug delivery is here: …
Newark, New Castle, USA: The "Microneedle Drug Delivery Systems Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Microneedle Drug Delivery Systems Market: https://www.growthplusreports.com/report/microneedle-drug-delivery-systems-market/8674
This latest report researches the…
