Global Drug Delivery Devices Market research report for easy to understand detailed breakdown of market growth factors,advance technologies, industry drivers, challenges, regulatory policies, with qualitative research of key company profiles and strategies of players such as 3M Company, AstraZeneca PLC, Becton, Dickinson and Company, Boehringer Ingelheim group, Consort Medical plc, GlaxoSmithKline plc, , Insulet Corporation, Medtronic Plc, Sulzer Ltd. (Medmix Systems AG), West Pharmaceuticals Services, Inc.Conceptual analysis of the Drug Delivery DevicesMarket product types, application wise segmented study. Pin-point analysis for changing competitive dynamics,Exploration of major regional segmentation based on how the market is predicted to grow.
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The global drug delivery devices market accounted for $19,061 million in 2018, and is expected to reach $26,742 million by 2026, registering a CAGR of 4.3% from 2019 to 2026.
Drug delivery is the process of administering a pharmaceutical compound to provide therapy to various diseases. The drug delivery technologies change the profile of drug release, including absorption, distribution, and elimination to improve product safety and efficacy. It also sees the patient convenience and compliance with the drug. The common routes of administration are the oral, enteral, parenteral, inhalation, topical, and transdermal patches routes. However, many medications such as protein and peptide, antibody, vaccine, and gene-based drugs may not be delivered through these routes of administrations, as they might be vulnerable to enzymatic degradation or cannot be absorbed into the systemic circulation efficiently. This is attributed to the molecular size and its therapeutic effects. Hence, many protein and peptide drugs are recommended to be delivered by injection. Recently, manufacturers are taking many efforts in the area of drug delivery, including the development of targeted drug delivery devices in which the drug is only active in the target area of the body.
The key factors that drive the growth of the drug delivery devices market include rise in prevalence of chronic diseases and increase in the biologics market. In addition, surge in geriatric population further supplements the growth of the market. However, risk of needlestick injuries and stringent government regulations hinder the growth of the market globally. On the contrary, high growth prospects in emerging markets can provide newer opportunities for the drug delivery devices market growth.
The drug delivery devices market size is studied on the basis of device type, route of administration, and region to provide a detailed assessment of the market. On the basis of device type, it is segmented into smart pills, inhalers, drug eluting stents, safety syringes, implantable drug delivery device, transdermal patches, and others. By route of administration, it is bifurcated into hospitals & diagnostic centers, ambulatory surgical centers & clinics, 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).
Key highlights of the Global Drug Delivery Devices report:
3M Company, AstraZeneca PLC, Becton, Dickinson and Company, Boehringer Ingelheim group, Consort Medical plc, GlaxoSmithKline plc, , Insulet Corporation, Medtronic Plc, Sulzer Ltd. (Medmix Systems AG), West Pharmaceuticals Services, Inc
By Device Type (Smart Pills, Inhalers & Nebulizers, Drug Eluting Stents, Safety Syringes, Implantable Drug Delivery Device, and Transdermal Patches, and, Others), End User (Hospitals and Diagnostic Centers, Ambulatory Surgery Centers and Clinics and Others)
Geographical Analysis: Regional and country level analysis, covering North America, Europe, China & Japan
|Market Segment by Regions||2013||2017||2022||Share (%)||CAGR (2019-2025)|
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Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017 | Base year – 2018 | Forecast period** – 2019 to 2025 [** unless otherwise stated]
The report delivers a basic overview of the Drug Delivery Devices industry including definitions, classifications, applications, and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and capital expenditures.
Further, it focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information. What’s more, the Drug Delivery Devices industry development trends and marketing channels are analyzed.
The study is organized with the help of primary and secondary qualitative research for data collection including valuable information from key vendors and participants in the industry. It includes historical data from 2012 to 2017 and projected forecasts till 2025 which makes the research study a valuable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry-related data in readily accessible documents with easy to analyze visuals, graphs, and tables. The report answers future development trends of Drug Delivery Devices based on stating the current situation of the industry in 2019 to assist manufacturers and investment organization to better analyze the development course of Drug Delivery Devices Market.
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The report covers the following chapters
- Market Characteristics – The market characteristics section of the report defines and explains the Drug Delivery Devices market. This chapter includes different goods and services covered in the report, basic definitions and market supply chain analysis.
• Global Market Size And Growth – This section contains the global historic (2013-2017) and forecast (2019-2025) market value, and drivers and restraints that support and control the growth of the market in the historic and forecast period.
• Trends And Strategies – This chapter includes some of the major trends shaping the global Drug Delivery Devices market by segment. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
• PESTEL Analysis – This chapter covers the political, economic, social, technological, environmental and legal factors affecting a market.
• Customer Information – This section includes customer surveys in the Drug Delivery Devices industry
• Global Market Segmentation – This section contains global segmentation of the Drug Delivery Devices market. Segmentation types include by region and by country segmentation of the Drug Delivery Devices market.
• Global Macro Comparison – The global Drug Delivery Devices market comparison with macro-economic factors gives the Drug Delivery Devices market size, percentage of GDP, and average Drug Delivery Devices market expenditure.
• Macro Comparison By Country – The Drug Delivery Devices market comparison with macro-economic factors across countries gives the Drug Delivery Devices market size, percentage of GDP, by country and per capita average Drug Delivery Devices market expenditure.
• Region/Country Market Size And Growth – This section contains the region’s market size (2017), historic (2013-2017) and forecast (2019-2025) market value, and growth. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa) and major countries within each region.
• Competitive Landscape – This section covers details on the competitive landscape of the global Drug Delivery Devices market, estimated market shares and company profiles for the leading players.
• Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
• Opportunities And Strategies – This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
……..and view more in complete table of Contents
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