Press release
Advanced Dermatology Drug Delivery Devices Market Growth Fueled by Expanding Use of Wearable Injectors and Smart Drug Delivery Technologies
Advanced Dermatology Drug Delivery Devices Market
Drug administration through the skin using needle-and-syringe combinations is not a novel idea, and it has been practised for decades. Advanced dermatology drug delivery systems are built on the idea of drug delivery with features for increased consumer involvement, improved medication adherence, user-friendly design, pain reduction, and ease of administration.
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The advanced dermatology drug delivery devices market encompasses a range of products including injectors, patches, airless bottles and dispensers, valves, dermal pumps, and supplementary devices designed to enhance safety and connectivity. Despite their widespread unpopularity, needle-and-syringe combination products continue to represent a substantial share of the market. Most innovative drug delivery systems integrate one or more of these features to capture a portion of this market segment.
Key factors driving market growth include the global trend toward connected devices, increasing strategic partnerships between drug delivery device manufacturers and pharmaceutical companies leading to the introduction of new combination products, a heightened focus on prescription and patient adherence, and advancements in drug delivery technologies such as microneedle patches. Additionally, the growing emphasis on medication adherence and the development of novel drug delivery solutions are expected to further accelerate market expansion.
Conversely, stringent regulatory requirements, concerns regarding data privacy, and limited awareness of advanced dermatology drug delivery systems among populations in developing countries present notable challenges to market growth. Opportunities to overcome these barriers include the creation of specialized application platforms for pharmaceutical companies, leveraging partnerships to penetrate emerging markets, and developing cost-effective devices tailored to price-sensitive regions to drive sales.
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Regionally, Europe is anticipated to play a significant role in the growth of the advanced dermatology drug delivery devices market over the forecast period. As an early adopter of innovative medical technologies, Europe is positioned as a leading market for sophisticated dermatology delivery systems. The increasing adoption of connected devices in this region is driven by their benefits over traditional methods, including enhanced patient care and safety, reduced hospital stays, and expedited recovery times. Similarly, the North American market is projected to experience considerable growth, supported by some of the most technologically advanced healthcare systems globally. North America remains the largest market for these devices and continues to lead in the early adoption of advanced dermatology drug delivery technologies.
Major market players operating in the advanced dermatology drug delivery devices market include 3M Company, Zosano Pharma Corporation, Raphas Co., Ltd., Nanopass Tech, Corium International, Inc., Valeritas, Inc., Nitto Denko Corporation, Microder
Recent collaborations and agreements in the market:
• In March 2021, Sumaira Foundation for NMO (TSF), a group working to increase public understanding of the neuromyelitis optica spectrum disorder, partnered with Portal Instruments, Inc. (NMOSD). The partnership will enable both businesses to work closely together to enhance the care for people with NMOSD.
• In February 2020, Safe'n'Spray smart electronic concept device from Nemera won the Pharmapack Award for "Best Innovation in Drug Delivery Device." To monitor medication administration and prevent overdosing, the Safe'n'Spray integrated gadget combines a reusable electronic locking system and fingerprint authentication. Safe'n'Spray is designed to satisfy the particular demands of managing the amounts administered to patients over a set period to avoid overdosing.
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Market Segments
Global Advanced Dermatology Drug Delivery Devices Market, by Product, 2022-2030 (Value US$ Mn)
• Injectors
• Disposable Injectors
• Reusable Injectors
• Wearable Injectors
• Patches
• Microneedle Patches
• Solid Removable Microneedles
• Coated Microneedles
• Dissolving Microneedles
• Hollow Microneedles
• Hydrogel Forming Microneedles
• Needle-Less Patches
• Dermal Pumps
• Airless Dispensers and Bottles
• Valves
• Other Devices
Global Advanced Dermatology Drug Delivery Devices Market, by Sales Channel, 2022-2030 (Value US$ Mn)
• B2B Sales Channel
• B2C Sales Channel
Global Advanced Dermatology Drug Delivery Devices Market, by End-User, 2022-2030 (Value US$ Mn)
• Hospitals
• Dermatology Practices
• Home Use
Global Advanced Dermatology Drug Delivery Devices Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Advanced Dermatology Drug Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe Advanced Dermatology Drug Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Advanced Dermatology Drug Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Advanced Dermatology Drug Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Advanced Dermatology Drug Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global advanced dermatology drug delivery devices market
To receive an industry overview and future trends of the advanced dermatology drug delivery devices market
To analyze the advanced dermatology drug delivery devices market drivers and challenges
To get information on the advanced dermatology drug delivery devices market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the advanced dermatology drug delivery devices market industry
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