Pulmonary Drug Delivery Systems Market Opportunities, Drivers,Top Players, Analysis and Forecasts Till 2027


Posted July 15, 2020 by ShrutiCMI

The global pulmonary drug delivery systems market is estimated to account for US$ 30,005.80 Mn in terms of value in 2020 and is expected to reach US$ 41,072.7 Mn by the end of 2027.

 
Description:
Pulmonary route of drug delivery gaining prevelance importance in the present day according to research as it enables to target the drug delivery directly to lung both for local and systemic treatment. The medication reaches the blood stream through the alveolar surface of the lungs.In past 2 decades,the systemic absorption of therapeutics after pulmonary application has been demonstrated in animals as well as in humans.

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Global Pulmonary Drug Delivery Systems Market:Opportunities
According to R&D in dry powder inhalation is expected to drive largest growth opportunities for competiotiors in the global pulmonary drug delivery systems market. For instance, in June 2020, researchers from University of Szeged, Hungary, reported development of a carrier-based DPI system,which is an interactive physical blend of a surface-modified carrier and a spray-dried drug with suitable shape and size for pulmonary application.
The global pulmonary drug delivery systems market was valued at US$ 28,700.0 Mn in 2019 and is forecast to reach a value of US$ 41,072.7 Mn by 2027 at a CAGR of 4.6% between 2020 and 2027.
Global Pulmonary Drug Delivery Systems Market:Drivers
Product Launches
Technological Advancement
Increased R&D Spending
changing competition dynamics

Key players operating in market are:
3M Health Care, Allied Healthcare Products, Inc., AstraZeneca plc, Boehringer Ingelheim, CareFusion Corporation, GF Health Products, Inc., GlaxoSmithKline plc, Merck & Co., Inc., Novartis AG, Omron Healthcare, Inc., Glenmark Pharmaceuticals, PARI Respiratory Equipment, Inc., and Philips Healthcare
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Global Pulmonary Drug Delivery Systems Market:Analysis
This study analyzes the growth of Pulmonary Drug Delivery Systems based on the present, past and futuristic data and will render complete information about the Pulmonary Drug Delivery Systems industry to the market-leading industry players that will guide the direction of the Pulmonary Drug Delivery Systems market through the forecast period.Allof these players are analyzed in detail so as to get details concerning their recent announcements and partnerships,product/services, and investment strategies,among others.

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Last Updated July 15, 2020