DUBLIN, Dec. 01, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/2sb8wz/drug_delivery) has announced the addition of the "Drug Delivery Technology Market 2015 - Forecast to 2020" report to their offering.
The drug delivery technology market is expected to reach USD 1,504.7 Billion by 2020 from USD 1,048.1 Billion in 2015, growing at a CAGR of 7.5% from 2015 to 2020.
Drug delivery technology market offers a promising approach for the delivery of drugs through various routes of administration. Drug delivery technology is aimed at maximizing the drug delivery at the targeted site so as to increase the efficiency of drug and proposing improved patient compliance.
The major factors responsible for the growth of the drug delivery technology market are the rising prevalence of chronic diseases, growth of the biologics market, new product launches, and innovation and technological advancements. Owing to these factors, the demand for drug delivery technologies such as metered dose inhalers, dry powder inhalers, softmist nebulizers, topical gels and transdermal patches, self-injection devices, and wearable injector are increasing. On the other hand, regulatory hurdles and pricing pressure, patent expiry and patent cliff, product recall, and increase injuries and side effects are expected to restrain the growth of this market.
Based on route of administration, the market is segmented into oral, pulmonary, ocular, nasal, topical, injectable, and implantable and transmucosal. The oral drug delivery technology market is further segmented into solid oral drug delivery technology, liquid oral drug delivery technology, and semi-solid oral drug delivery technology.
On the basis of end user, the market is segmented into hospitals, home care settings, ASCs/clinics, diagnostic centers, and other end users.
Key players in the drug delivery technology market include Pfizer, Inc. (U.S.), Roche (Switzerland), Johnson & Johnson Services, Inc. (U.S.), Novartis AG (Switzerland), and Bayer AG (Germany).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Drug Delivery Technology Market, By Route Of Administration
7 Drug Delivery Technology Market, By End User
8 Drug Delivery Technology Market, By Region
9 Competitive Landscape
10 Company Profiles
- 3M Company
- Antares Pharma, Inc.
- Bayer AG
- F. Hoffmann-La Roche Ltd.
- Glaxosmithkline Plc
- Johnson & Johnson Services, Inc.
- Merck & Co., Inc.
- Novartis AG
- Pfizer, Inc.
For more information visit http://www.researchandmarkets.com/research/2sb8wz/drug_delivery
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SOURCE Research and Markets