Liposome Assisted Drug Delivery Market Scope
Liposome refers to a spherical vesicle that has at least one lipid bilayer. In healthcare, liposomes are used as a vehicle for the delivery of drugs and nutrients. It is estimated that increased research and development in the healthcare sector worldwide will provide significant expansion opportunities in the global market for liposomal drug delivery in the coming years. Liposomes are gaining traction across the health care sector as they can act as potential antiviral agents that help reduce the economic burden and social impact of the COVID-19 pandemic. Companies in the liposomal drug delivery market are focused on developing liposomes that offer high solubility and longer circulation time to advance drug release profiles.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Spectrum Pharmaceuticals, Inc. (United States), Astellas Pharma, Inc. (Japan), Gilead Sciences, Inc. (United States), Celsion Corporation (United States), Ipsen Pharma (France), Pacira BioSciences, Inc. (United States), Luye Pharma Group (China), Novartis AG (Switzerland), Takeda Pharmaceutical Company Limited (Japan) and Johnson & Johnson (United States) |
CAGR | 8.5% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Liposome Assisted Drug Delivery market throughout the predicted period.
Spectrum Pharmaceuticals, Inc. (United States), Astellas Pharma, Inc. (Japan), Gilead Sciences, Inc. (United States), Celsion Corporation (United States), Ipsen Pharma (France), Pacira BioSciences, Inc. (United States), Luye Pharma Group (China), Novartis AG (Switzerland), Takeda Pharmaceutical Company Limited (Japan) and Johnson & Johnson (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Liposome Assisted Drug Delivery market by Type , by Application (Fungal Infection Therapy, Cancer and Tumor Therapy and Others) and Region with country level break-up.
On the basis of geography, the market of Liposome Assisted 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2022, Sun Pharma Advanced Research Company was manufacturing a liposome-encapsulated formulation of the taxane compound paclitaxel (a tubulin inhibitor) for the treatment of breast cancer.
In June 2022, Endo International plc's subsidiary Endo Ventures Limited (EVL) entered into an agreement with Taiwan Liposome Company, Ltd. (TLC), a clinical-stage specialty pharmaceutical company, to commercialize TLC599, a TLC investigational product. TLC599 is an injectable compound in phase 3 development for the treatment of osteoarthritis knee pain.
In August 2018, the United States Food and Drug Administration (FDA), has published its final guidance for the industry on liposome drug products in April 2018. In addition, it finalizes the revised draft guidance for industry Liposome Drug Products
Influencing Trend:
Adoption of Liposome in Clinics Due To Low Toxicity and High Efficiency
Market Growth Drivers:
Increase in the Understanding of Targeted Drug Delivery System and Increase in the Number of Patients Suffering From Solid Tumors and Macrophages
Challenges:
Short Half-Life of Liposome
Restraints:
Low Solubility in Body and High Cost of Production
Opportunities:
Continuous Research and Development in Design of Liposome for New Biotechnology Products Would Enhance the Market Growth
Key Target Audience
Providers of Liposome Assisted Drug Delivery, End-Users, Potential Investors, Market Research Firms, Regulatory Bodies and Others