According to Stratistics MRC, the Global Pharmaceutical Drug Delivery Market is accounted for $1,430.50 billion in 2020 and is expected to reach $2,871.35 billion by 2028 growing at a CAGR of 9.1% during the forecast period. Factors such as rise in healthcare expenditure, growing concern and awareness about healthcare, and government support for research in the field of drug delivery are driving the growth of the market. However, risk of needlestick injuries is hampering the growth of the market.
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Based on the route of administration, the injectable drug delivery segment is anticipated to expand at a rapid pace during the forecast period owing to the increasing prevalence of chronic diseases, growing demand for biosimilar products, and low cost of devices. By geography, North America is going to have high growth during the forecast period which can be attributed to the increasing patient compliance to innovative drug delivery technologies and the presence of a large number of prominent players in this region.
Some of the key players profiled in the Pharmaceutical Drug Delivery Market include Teva Pharmaceuticals, Sanofi, Pfizer, Inc., Bristol-Myers Squibb, Novartis AG , Merck & Co., Inc., Becton, Amgen, F. Hoffman-La Roche, Eli Lilly and Company, Dickinson and Company, Antares Pharma, Inc, Boehringer Ingelheim, Johnson & Johnson, Inc., GlaxoSmithKline plc, Bayer AG, AstraZeneca, Genmab A/S, AbbVie, 3M Company, and Gilead Sciences, Inc.
Routes of Administration Covered:
• Injectable Drug Delivery
• Oral Drug Delivery
• Ocular Drug Delivery
• Topical Drug Delivery
• Nasal Drug Delivery
• Pulmonary Drug Delivery
• Implantable Drug Delivery
• Transmucosal Drug Delivery
Applications Covered:
• Cardiovascular Diseases
• Respiratory Diseases
• Cancer
• Infectious Diseases
• Diabetes
• Central Nervous System Disorders
• Autoimmune Diseases
• Other Applications
End Users Covered:
• Hospitals
• Diagnostic Centers
• Ambulatory Surgery Centers/Clinics
• Home Care Settings
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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