Global Drug Delivery Market is expected to grow at a growth rate of 8.0% with factors such as rising prevalence of chronic disease and non-chronic disease and growth in the development of biologics.
Drug delivery market has shown an exceptional penetration in countries such as the U.S., Germany and Japan. Technological development and increasing awareness about diagnosis and treatment is increasing the demand of drug delivery in developed countries as well as developing countries. In developing countries therapeutic advancements in drug delivery are creating opportunity for the global drug delivery market.
Drug Delivery Market Scenario
According to Data Bridge Market Research, the market for drug delivery in North America region has the highest market share followed by Europe and Asia-Pacific. Market leader is Johnson & Johnson services, Inc. which accounts an estimated market share of approximately 20% to 30% in the North America.
- In October 2019, Janssen Pharmaceutical Companies of Johnson & Johnson declared the U.S. FDA approval of STELARA which is used to treat adults with moderately to severely active ulcerative colitis. This will enhance the already wide product portfolio which will further lead to increased revenue generation.
Trends Impacting the Market
Now the question is which other regions Johnson & Johnson services, Inc., Novartis AG and F. Hoffmann-la Roche Ltd are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific drug delivery market and the market leaders targeting China and Japan to be their next revenue pockets for 2020.
The drug delivery market is becoming more competitive every year with companies such as Johnson & Johnson services, Inc., Novartis AG and F. Hoffmann-la Roche Ltd as they are the market leaders for drug delivery. The data bridge market research new reports highlight the major growth factors and opportunities in the drug delivery market.
For more analysis on the drug delivery market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-drug-delivery-market
Drug Delivery Market Development in 2020
- In February, Novartis AG and the Drugs for Neglected Diseases initiative (DNDi) declared that they are collaborating and having a licensing agreement for the development of LXE408, as a possible novel oral treatment for visceral leishmaniasis, one of the world’s top parasitic killers. This will increase their portfolio if marketed and hence increased the revenue generation.
Scope of the Drug Delivery Market
Global drug delivery market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Rest of South America, South Africa and rest of Middle East & Africa.
All country based analysis of drug delivery market is further analyzed based on further segmentation. On the basis of product type, the drug delivery market is segmented into oral drug delivery, pulmonary drug delivery, injectable drug delivery, opthalmic drug delivery, nasal drug delivery, topical drug delivery, implantable drug delivery and transmucosal drug delivery. On the basis of end user, the market is segmented into hospitals, community healthcare, home healthcare, clinics and others. On the basis of distribution channel, the market is segmented into hospital pharmacies, pharmacy stores, direct tenders and online pharmacy.
To know more about the study https://www.databridgemarketresearch.com/reports/global-drug-delivery-market
Key Pointers Covered in Drug Delivery Market Industry Trends and Forecast to 2027
- Market Size
- Market Regulatory Framework and Changes
- Recent Developments for Market Competitors
- Recent Market Value for Different Regions
- Sales data for Market Competitors
- Market Key Vendors and Disruptors Study
- Market Shares in Different Regions
Key Market Competitors Covered in the Report
- Johnson & Johnson services, Inc.
- Novartis AG
- F. Hoffmann-la Roche Ltd
- Bayer AG
- Pfizer Inc.
- 3M
- Antares Pharma
- GlaxoSmithKline Plc
- Merck Sharp & Dohme Corp. (a subsidiary of Merck & Co., Inc.)
- Nemera
- Sanofi
Above are the key players covered in the report, to know about more and exhaustive list of drug delivery companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-drug-delivery-market
Research Methodology: Global Drug Delivery Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Surgeons, Physicians, Industrial Professionals, Aesthetician
- Supply Side: Product Managers, Marketing Managers, CEO’s, V.P.’s, Market Intelligence Managers and, National Sales Managers C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Related Reports
- Global Injectable Drug Delivery Market - Industry Trends and Forecast to 2025
- Asia-Pacific (APAC) Injectable Drug Delivery Market - Industry Trends and Forecast to 2025
- North America Human Insulin Drugs and Delivery Devices Market - Industry Trends and Forecast to 2026
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