About Pharmaceutical Drug Delivery
A pharmaceutical drug delivery system (DDS) is a formulation or a device used to deliver a therapeutic substance into the body. This system works by delivering medications to specific parts of the body via a medium that can control therapy administration via a physiological or chemical trigger. DDS is used to improve the efficacy and safety of a drug by regulating the rate, time, and location of drug release in the body. Additionally, different routes of administration are used to introduce drug delivery systems into the body, such as oral drug delivery, pulmonary drug delivery, injectable drug delivery, nasal drug delivery, and others.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The demand for Pharmaceutical Drug Delivery is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Johnson & Johnson, Novartis International, Merck Group, Roche Holding AG and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how pharmaceutical drug delivery can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Pharmaceutical Drug Delivery market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson (United States), Novartis International (Switzerland), Merck Group (Germany), Roche Holding AG (Switzerland), Pfizer Inc. (United States), Bayer AG (Germany), Becton, Dickinson and Company (United States), GlaxoSmithKline (United Kingdom), 3M (United States), Sanofi (France), Genmab (Denmark), Boehringer Ingelheim (Germany), AstraZeneca (United Kingdom), Takeda (Japan), Amgen (United States), Bristol-Myers Squibb (United States), Gerresheimer AG (Germany) and Others are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Pharmaceutical Drug Delivery market by Type (Nano- and Micro-Particles, Transdermal Patches, Drug Reservoir Implants, Antibody-Drug Conjugates and Others), Application (Cancer, Cardiovascular Diseases, Diabetes, Respiratory Diseases, Central Nervous System Disorders, Autoimmune Diseases and Others) and Region.
On the basis of geography, the market of Pharmaceutical Drug Delivery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Route of Administration, the sub-segment i.e. Buccal will boost the Pharmaceutical Drug Delivery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Hospitals will boost the Pharmaceutical Drug Delivery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased demand for the various medicines like vitamin C, antivirals, during the COVID-19 pandemic spiked the demand for the pharmaceutical drug delivery
Market Growth Drivers:
Growing Prevalence of Chronic Diseases such as Cancer, Cardiovascular Diseases, Diabetes, Respiratory Diseases, and Neurological disorders and Surging Geriatric Population across the Globe
Challenges:
Rise in Number of Drug Recalls and Drug Failures Restricts the Growth of Pharmaceutical Drug Delivery Market and Increasing Cost of Healthcare Expenditure
Restraints:
Fluctuations in Raw Material Cost for Manufacturing Pharmaceutical Drug Delivery Devices
Opportunities:
Rising Investments in the Bio-Pharmaceutical Industry towards the Development of New Life-Saving Drugs
Market Leaders and their expansionary development strategies
In March 2022 Sandoz, a subsidiary of Novartis International had announced the acquisition of Coalesce. Sandoz has acquired Coalesce's strong expertise and assets, which will enable it to expand its existing respiratory medicine portfolio and improve patient access to these high-quality, complex products. Sandoz sees respiratory as a major pillar of its ambitious long-term growth strategy, with six in-market products and nearly twice as many in the pipeline. It plans to actively pursue more prospects both in-house and externally. Sandoz is also committed to expanding its complicated generics portfolio, which includes complex inflatables.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Pharmaceutical Drug Delivery Device Manufacturers, Government Regulatory Organizations, Corporate Entities and End-use industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.