Press release
Pharmaceutical Drug Delivery Market to Hit USD 2,546 Billion by 2029 | MarketsandMarkets Trademark
North America dominates the pharmaceutical drug delivery market. This market is projected to reach USD 1,215.4 billion by 2029, at a CAGR of 5.0% during the forecast period.
The global pharmaceutical drug delivery market [https://www.marketsandmarkets.com/Market-Reports/drug-delivery-technologies-market-1085.html?utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=pharmaceuticaldrugdeliverymarket] is set to grow from USD 1,949.4 billion in 2024 to USD 2,546.0 billion by 2029, with a CAGR of 5.5%. This growth is driven by increasing chronic disease prevalence, new product launches, enhanced pharmaceutical R&D investments, and government initiatives for affordable drug delivery. The market also benefits from technological advancements, patient preference for home care, and supportive reimbursement policies. However, challenges include the risk of needlestick injuries from injectables and government pricing pressures. Key players in the market include Johnson & Johnson, Novartis, F. Hoffmann-La Roche, Pfizer, and others. Injectable drug delivery is expected to dominate the market, driven by advancements in self-administration technologies and the increasing prevalence of chronic diseases. North America is predicted to hold the largest market share due to favorable reimbursement options and high healthcare expenditure. Recent developments include acquisitions by major companies like Johnson & Johnson, AbbVie, and Pfizer to enhance their drug delivery capabilities.
Request Sample Pages: [https://www.marketsandmarkets.com/requestsampleNew.asp?id=1085&utm_source=prnewswire.com&utm_medium=paidpr&utm_campaign=pharmaceuticaldrugdeliverymarket]
Injectable Drug Delivery Sector Leading the Market
Injectable drug delivery holds the largest market share among administration routes, primarily due to its effectiveness in managing chronic diseases. Injectables offer advantages over oral medications by improving patient adherence and reducing dosing frequency. Advances in injectable technologies, aimed at minimizing needle pain and complications, are further fueling growth in this segment.
Hospitals to Experience Rapid Market Expansion
The pharmaceutical drug delivery market is segmented by facility of use, including hospitals, ambulatory surgical centers, diagnostic centers, home care settings, and other facilities. Hospitals are projected to see the most substantial growth due to high patient traffic, increased need for various medications and delivery devices, a rise in surgeries, and a growing prevalence of chronic diseases, which are driving up hospital admissions and, consequently, the demand for drug delivery solutions.
Asia Pacific Region Poised for Significant Growth
The pharmaceutical drug delivery market is divided into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is expected to register the highest growth rate in the coming years, driven by the presence of leading pharmaceutical companies, a growing patient population with chronic conditions, increased healthcare spending, and government efforts to enhance access to pharmaceutical treatments in the region.
Major Market Players and Their Strategies
Prominent players in the pharmaceutical drug delivery market include Johnson & Johnson Services, Inc. (US), Novartis AG (Switzerland), F. Hoffmann-La Roche Ltd (Switzerland), Pfizer Inc. (US), Becton, Dickinson and Company (US), GlaxoSmithKline plc (UK), Merck & Co., Inc. (US), Sanofi (France), Bayer AG (Germany), Amgen, Inc. (US), AbbVie Inc. (US), Genmab A/S (Denmark), Gilead Sciences, Inc. (US), Boehringer Ingelheim International GmbH (Germany), and AstraZeneca (UK).
Johnson & Johnson Services, Inc. Focuses on Innovation
Johnson & Johnson Services, Inc., a leading player in the pharmaceutical drug delivery market, offers a broad range of products across major therapeutic areas. The company emphasizes product innovation and R&D, with an annual R&D expenditure of approximately USD 15 million, accounting for 17.7% of its total revenue. Johnson & Johnson has a strong presence in North America, Europe, Asia Pacific, and Africa. To ensure continued growth, the company pursues partnerships, agreements, and mergers and acquisitions to expand its product portfolio and regional reach.
Novartis AG: A Key Market Leader
Novartis AG stands out in the pharmaceutical drug delivery market due to its extensive global presence and strong brand recognition. The company offers a comprehensive portfolio in therapeutic areas such as cardiovascular, renal and metabolic, immunology, neuroscience, and oncology. Novartis focuses on high-growth fields and prioritizes resource allocation to these areas. The company strengthens its business through strategic partnerships, collaborations, and agreements to enhance its operations and market position.
For more information, [https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=1085&utm_source=abnewswire.com&utm_medium=paidpr&utm_campaign=pharmaceuticaldrugdeliverymarket]!
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=pharmaceutical-drug-delivery-market-to-hit-usd-2546-billion-by-2029-marketsandmarkets]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Florida
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/hot-melt-adhesives-market-1088.html
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
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 Pharmaceutical Drug Delivery Market to Hit USD 2,546 Billion by 2029 | MarketsandMarkets Trademark here
News-ID: 4004188 • Views: …
More Releases from ABNewswire
Lone Wolf Roofing Named Mandeville's Top Roofer for Reliable, Long-Lasting Roofi …
Lone Wolf Roofing is the best roofer in Mandeville, Louisiana.
Image: https://www.abnewswire.com/upload/2025/09/ce2b5d27163b427f4e9c65a26f1441c6.jpg
Lone Wolf Roofing, a premier Louisiana-based roofing company, today announced its expanded services in Mandeville, Louisiana, bringing homeowners and businesses unmatched craftsmanship, storm-ready durability, and the strongest warranties in the industry. Known for roofing done right the first time, Lone Wolf Roofing now offers Mandeville clients both a 100-Year Warranty and an industry-first promise: if roof installation does not begin…
Marginal Zone Lymphoma Market Growth Projections 2024-2034: DelveInsight Analysi …
The Key Marginal Zone Lymphoma Companies in the market include - Bristol-Myers Squibb, TG Therapeutics, Gilead Sciences, AstraZeneca, Nordic Nanovector, Christian Buske, AbbVie, Pharmacyclics LLC, Hutchison Medipharma, Beigene, Incyte Corporation, Enterome, and others.
DelveInsight's "Marginal Zone Lymphoma Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the Marginal Zone Lymphoma, historical and forecasted epidemiology as well as the Marginal Zone Lymphoma market trends in the United States, EU4…
Exocrine Pancreatic Insufficiency Market Insights Highlight Expanding Outlook Ti …
The Key Exocrine Pancreatic Insufficiency Companies in the market include - Digestive Care, Solvay Pharmaceuticals, First Wave Biopharma, Anagram Therapeutics, First Wave BioPharma, Abbott Products, AAIPharma, Solvay Pharmaceuticals, Abbott, Forest Laboratories, First Wave BioPharma, Inc., Anthera Pharmaceuticals, and others.
DelveInsight's "Exocrine Pancreatic Insufficiency Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the Exocrine Pancreatic Insufficiency, historical and forecasted epidemiology as well as the Exocrine Pancreatic Insufficiency market…
ABSSSI Market to Reach New Heights in Growth by 2034, DelveInsight Predicts | Gl …
The Key Acute Bacterial Skin and Skin-Structure Infection Companies in the market include - Glenmark Pharmaceuticals Ltd, Melinta Therapeutics Inc., Sandoz Inc. (a subsidiary of Novartis), Paratek Pharmaceuticals Inc., AbbVie Inc. (Allergan PLC), Merck & Co. Inc., Pfizer Inc., Melinta Therapeutics Inc., MicuRx, Basilea Pharmaceuticals, Motif Bio, Wockhardt, Allergan, Basilea Pharma, and others.
DelveInsight's "Acute Bacterial Skin and Skin-Structure Infection Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding…
More Releases for Johnson
Sarcoma Treatment Market Is Booming Worldwide 2025-2032 | Amgen Inc., Johnson & …
Coherent Market Insights has released a statistical report titled "Sarcoma Treatment Market Recent Trends, In-depth Analysis, Size, and Forecast 2025-2032." This report offers a comprehensive overview of the competitive landscape, geographical segmentation, innovation, future developments, and a compilation of tables and data. The competitive landscape analysis provides detailed information about each vendor, encompassing company profiles, total revenue (financials), market potential, presence, market share, pricing, locations of production facilities, and the…
Artificial Limbs and Joints Market Expected to reach a Hugh Growth by 2031 | Art …
Artificial Limbs and Joints Market is the focal point of DataM Intelligence's latest market research report, offering a comprehensive analysis of this dynamic sector. This in-depth study goes beyond a basic overview, exploring the intricate dynamics that shape the market. By examining regional trends, demand patterns, and potential breakthroughs, DataM Intelligence aims to empower businesses and stakeholders with valuable insights for navigating the evolving landscape. The insights from this report…
Artificial Limbs and Joints Industry to Witness Massive Growth (2024-2031) | Art …
Artificial Limbs and Joints Industry Analysis, according DataM Intelligence. Although data provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
Will the Artificial Limbs and Joints market emerge as the sector's next great thing? To discover the answer, look at the Artificial Limbs and…
Wet Tissues and Wipes Market Shaping from Growth to Value: 3M, Johnson & Johnson …
The Latest Released Wet Tissues and Wipes market study has evaluated the growth forecast and potential of Global Wet Tissues and Wipes market to provide information and useful stats on market value and size. The study is framed to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging…
Biotechnology Market - Development Outlook 2025 | Pfizer, Johnson & Johnson
Global Biotechnology Market: Overview
The global biotechnology market is mainly driven by the surge in the demand for food, depleting natural resources, government regulatory support, and technological advancements of various solutions to counter fatal diseases. The advent of stem cell technology, nanotechnology, and cloning has also propelled this market substantially and is expected to continue aiding to this market in the years to come. However, the dearth of awareness among consumers…
Global Facial Wipes Sales Market 2017 - Beiersdorf, Johnson & Johnson, SC Johnso …
The Global Facial Wipes Sales Industry report gives a comprehensive account of the Global Facial Wipes Sales market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. The report features an up-to-date data on key companies product details, revenue figures, and sales. The business model strategies of the key firms in the Facial Wipes Sales…
