Global Drug Delivery Devices Market
Medical Equipment

Global Drug Delivery Devices Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Drug Delivery Devices Market Report by The Business Research Company covers drug delivery devices market drivers and restraints, drug delivery devices market size, major players, and the impact of COVID-19 on the drug delivery devices market.

 The drug delivery devices market consists of the sales of medical devices and equipment that are used for delivering drugs to a specific part of the body to treat diseases such as cancer, respiratory diseases, diabetes, and cardiovascular diseases and to treat and prevent infectious diseases. The market includes the sales of devices that are specifically made for delivering drugs according to the various administration techniques such as oral drug delivery, injectable drug delivery, topical drug delivery, ocular drug delivery, pulmonary drug delivery, nasal drug delivery, transmucosal drug delivery, and implantable drug delivery. Drug delivery devices are used in various patient care settings such as hospitals, diagnostic centers, pharmaceutical companies, clinics, and home care settings are included in this market.

The global drug delivery devices market reached a value of nearly $66,069.4 million in 2020, having increased at a compound annual growth rate (CAGR) of 5.4% since 2015. The market is expected to grow from $66,069.4 million in 2020 to $100,075.3 million in 2025 at a rate of 8.7%. The drug delivery devices market is then expected to grow at a CAGR of 5.7% from 2025 and reach $132,158.3 million in 2030.

The increasing demand for injectable drugs is expected to fuel the growth of the drug delivery devices market over the forecast period. Drug injection is a procedure of integrating the medication into the bloodstream using a hollow syringe pierced through the skin and into the body. To enhance their market share, players in the injectable drugs sector are obtaining regulatory authorization for various medications used in syringes.

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Some drug delivery devices market trends include using microneedle (MN) technology for drug delivery, as it is a highly efficient and versatile medical device technology due to its prominent properties including painless penetration, low cost, excellent therapeutic efficacy, and relative safety. Moreover, the use of drug delivery devices for the home-based diagnosis and treatment of medical conditions is increasing. Technological developments in devices such as glucose monitors, insulin delivery devices, nebulizers, and oxygen concentrators have enabled the diagnosis and monitoring of many diseases at home.

Global drug delivery devices market segments include:

1) By Route Of Administration: Oral Drug Delivery, Injectable Drug Delivery, Topical Drug Delivery, Ocular Drug Delivery, Pulmonary Drug Delivery, Nasal Drug Delivery, Transmucosal Drug Delivery, Implantable Drug Delivery

2) By Patient Care Setting: Hospitals, Diagnostic Centers, Ambulatory Surgery Centers/Clinics, Home Care Settings, Others

3) By Application: Cancer, Infectious Diseases, Respiratory Diseases, Diabetes, Cardiovascular Diseases, Autoimmune Diseases, Central Nervous System Disorders, Others

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

 

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The Drug Delivery Devices Opportunities and Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides drug delivery devices market overviews, analyzes and forecasts market size, share, drug delivery devices market players, drug delivery devices market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The drug delivery devices identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Drug Delivery Devices Opportunities and Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Becton, Dickinson, and Company, Baxter International, B. Braun Melsungen AG, Catalent Pharma Solutions, 3M Company

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Drug Delivery Devices Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Drug Delivery Devices Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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Here is a list of reports from The Business Research Company similar to the Drug Delivery Devices Global Market Report 2021:

Microneedle Drug Delivery Systems Global Market Report 2021

Injectable Drug Delivery Devices Global Market Report 2021

Implantable Drug Delivery Devices Global Market Report 2021

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