The global pharmaceutical drug delivery market accounted for $1,200 million in 2018, and is expected to reach $1,733 million by 2026, registering a CAGR of 4.7% from 2019 to 2026.
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Pharmaceutical drug delivery methods enable the introduction of therapeutic agents into the body. These drugs are administered through various routes, and selection of a suitable route of administration is crucial to achieve higher bioavailability at the site of action. Therefore, drug delivery systems are employed to achieve high drug targeting specificity, low systemic drug toxicity, and improved drug absorption rates. Nasal drug delivery system, ocular drug delivery, pulmonary drug delivery, and oral drug delivery system are some of the routes, which are used for drug administration. In addition, these systems are used in treatment of various chronic conditions such as cancer, cardiovascular diseases, and respiratory diseases.
The major factor that contributes to the growth of the global pharmaceutical drug delivery market include surge in awareness related to use of pharmaceutical drug delivery systems. Furthermore, the growth of the market is driven by other factors such as rise in healthcare expenditure and surge in governmental support for research in the field of drug delivery. In addition, surge in prevalence of various chronic diseases, which require the use of pharmaceutical drug delivery is another major factor that contributes toward the growth of the market. However, rise in number of drug recalls and drug failures restricts the growth of the global market. Conversely, high growth potential in developing economies is expected to offer lucrative opportunities during the forecast period.
The global pharmaceutical drug delivery market is segmented into route of administration, application, and region. On the basis of route of administration, it is categorized into oral drug delivery system, pulmonary drug delivery, ocular drug delivery systems, nasal drug delivery system, ocular drug delivery, topical drug delivery, and others. By application, it is segregated into cancer, diabetes, respiratory diseases, cardiovascular diseases, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA). .
Pharmaceutical Drug Delivery Market – Company Profiles
The List of Companies – Bayer AG, Becton, Dickinson And Company, F. Hoffmann-La Roche AG, GlaxoSmithKline Plc, Johnson & Johnson, Merck & Co., Inc., Novartis AG, 3M Company, Pfizer Inc., Sanofi
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The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Pharmaceutical Drug Delivery market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Pharmaceutical Drug Delivery market?
4. What are the prominent market trends influencing the development of the Pharmaceutical Drug Delivery market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Pharmaceutical Drug Delivery market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
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Table Of Content
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: PHARMACEUTICAL DRUG DELIVERY MARKET, BY ROUTE OF ADMINISTRATION
CHAPTER 5: PHARMACEUTICAL DRUG DELIVERY MARKET, BY APPLICATION
CHAPTER 6: PHARMACEUTICAL DRUG DELIVERY MARKET, BY REGION
CHAPTER 7: COMPANY PROFILES
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