pharmaceutical drug delivery system market Size, Competitive Analysis, Share, Forecast- 2019-2025


Posted October 28, 2020 by preetipandey

Drug delivery is a process of administering a pharmaceutical compound for achieving a therapeutic effect in humans or animals.

 
Drug delivery is a process of administering a pharmaceutical compound for achieving a therapeutic effect in humans or animals. The global pharmaceutical drug delivery system market size is expected to expand at a significant rate during the forecast period. One of the major factors contributing to the growth of the market includes increasing prevalence of chronic diseases such as cancer, CVDs, respiratory diseases, and others. The rising burden of such chronic diseases is encouraging the pharmaceutical companies to invest in R&D for the development of novel technologies for drug delivery, which in turn is propelling the growth of the market. In addition, growth in the biologics market further gives a boost to the growth of the global market.
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Surging prevalence of chronic diseases such as cancer, CVDs, and diabetes, among others are expected to drive the demand for pharmaceutical drugs, which in turns, augments the growth of pharmaceutical drug delivery system market. Increasing prevalence of CVDs is estimated to be one of the major factors that are driving the growth of the market across the globe. As per the World Health Organization (WHO), CVDs are estimated as one of the major causes of mortality across the globe, accounting for more than 17.3 million mortality per year. Further, the number of mortalities by CVDs is estimated to reach 23.6 million by 2030. CVDs account for 31% mortalities globally, of which 80% occur in low and middle-income countries. According to the data from the American Heart Society, in 2017, CVDs are the cause of around 800,000 mortalities in the US. Moreover, heart diseases are the leading cause of mortality across the globe and the US, and about 370,000 Americans lose their lives every year. In addition, the prevalence of cancer is also expected to support the significant growth of the market across the globe. According to the WHO, the global cancer burden was estimated to have risen to 18.1 million new cases and 9.6 million mortalities in 2018. Further, the aforementioned organization estimates that 1 in 5 men and 1 in 6 women, across the globe, develop cancer during their lifetime. Moreover, the disease has a mortality rate of nearly one in 8 men and one in 11 women.
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Market Segmentation

Global Pharmaceutical Drug Delivery System Market by Route of Administration.
• Injectable Drug Delivery

• Topical Drug Delivery

• Pulmonary Drug Delivery

• Nasal Drug Delivery
• Others (Ocular Drug Delivery)
Global Pharmaceutical Drug Delivery System Market by Application

• Infectious Diseases

• Cancer

• Cardiovascular Diseases (CVDs)

• Diabetes

• Nervous System Disorders

• Respiratory Diseases

• Others (Autoimmune Disorders)
Global Pharmaceutical Drug Delivery System Market by End-User

• Hospitals and Clinics

• Ambulatory Surgery Centers (ASCs)

• Homecare

• Diagnostic Centers
Regional Analysis

North America
• United States

• Canada

• Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe

Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles

• 3B Medical Inc.

• 3M Co.

• Acorda Therapeutics Inc.

• Amgen Inc.

• Antares Pharma, Inc.

• AstraZeneca PLC

• Baxter International, Inc.

• Bayer AG

• Becton, Dickinson and Co.

• BMC Medical Co. Ltd.

• Boehringer Ingelheim International GmbH

• Boston Scientific Corp.

• F. Hoffmann-La Roche Ltd.

• GlaxoSmithKline PLC

• Invacare Corp.

• Johnson & Johnson

• Koninklijke Philips N.V.

• Medtronic PLC

• Merck KGaA

• Mylan N.V.

• Novartis AG

• Omron Healthcare Inc.

• Pfizer, Inc.

• PMD Device Solutions Ltd.

• ProMed Pharma LLC

• ResMed Inc.

• Sanofi SA

• Teicos Pharma, Ltd.

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Issued By preeti
Country India
Categories Business
Tags pharmaceutical drug delivery system market
Last Updated October 28, 2020