About Pulmonary Drug Delivery Systems
The Pulmonary Drug Delivery System market is expected to mark significant growth over the forecasted period owing to the increasing prevalence of respiratory diseases, availability of advanced technology, and continuous launch of new products. Pulmonary drug delivery routes present several advantages compared to conventional drug administration, such as fewer systemic side effects than oral or parenteral administration. The systems most commonly used for respiratory delivery, including nebulizers, metered-dose inhalers, and dry powder inhalers, can all be adapted for use with protein/peptide drugs.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.6% |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Pulmonary Drug Delivery Systems 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.
GlaxoSmithKline plc. (United Kingdom), Koninklijke Philips N.V. (Netherlands), Boehringer Ingelheim International GmbH (Germany), 3M (United States), Teva Pharmaceutical Industries Ltd. (Israel), Aerogen Ltd.(Ireland), Hovione (Portugal), Hantel Technologies (United States), H&T Presspart Manufacturing Ltd. (United Kingdom), Philips Respironics (United States), AstraZeneca plc. (United Kingdom) and Novartis AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Omron Healthcare (United States) and PARI Respiratory Equipment, Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global Pulmonary Drug Delivery Systems market by Type (Metered Dose Inhalers (Manually-Actuated Pressurized Inhaler, Breath-Actuated Pressurized Inhaler), Dry Powder Inhalers (Single-Dose Inhalers, Multi-Dose Inhalers), Nebulizers (Mesh, Pneumatic, Ultrasonic) and Accessories), Application (Asthma, Chronic Obstructive Pulmonary Disease (COPD), Cystic Fibrosis and Other) and Region.
On the basis of geography, the market of Pulmonary Drug Delivery Systems 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 End User, the sub-segment i.e. Hospitals & Clinics will boost the Pulmonary Drug Delivery Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Pulmonary Drug Delivery Systems
Market Growth Drivers:
Increasing Incidence of Respiratory Diseases and Rising Preference for Pulmonary Drug Delivery as an Alternate Route of Drug Delivery
Challenges:
Regulatory Issues related to Approval of Pulmonary Drug Delivery Systems
Restraints:
High Pricing Pressures
Opportunities:
Increase in Research and Developments Activities and Growth Opportunities in Emerging Markets
Market Leaders and their expansionary development strategies
On May 3, 2023, Hovione, the specialist integrated CDMO, leader in spray drying and particle engineering, and H&T Presspart, leading manufacturer of drug delivery devices, has entered in a strategic partnership to advance the development of Presspart's Sunriser Capsule-based Dry Powder Inhaler platform. The demand for inhalable drugs that require higher drug loads and the delivery of cohesive materials has increased, making it necessary to develop more efficient solutions. To meet this demand, the two companies will work together to develop the Sunriser Dry Powder Inhaler. This innovative and best-in-class capsule-based platform is flexible enough to address both the challenges of classic carrier-based and spray-dried engineered formulations.
On April 3, 2023, PureIMS, a clinical stage pharmaceutical company, announced it has secured a new investment round by Boost-UP Foundation, a private independent foundations. With the current investments the company also pursues opportunities to further enthuse pharma/biotech companies for early-clinical endeavors looking for innovative pulmonary delivery options to develop small and large molecules for local and systemic indications.
In June 2020, researchers from the University of Szeged, Hungary, reported the development of a carrier-based DPI system, which is an interactive physical blend of a surface-modified carrier and a spray-dried drug with a suitable shape and size for the pulmonary application.
Key Target Audience
Manufacturers of Pulmonary Drug Delivery Systems, Distributors & Suppliers of Pulmonary Drug Delivery Systems, Raw Material Suppliers, Research Institutes and Academic Centers, Government Associations, Market Research and Consulting Firms, Venture Capitalists and Investors and Others
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.