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Hydrogel-based Drug Delivery System Market size worth $ 10.29 Billion, Globally, by 2028 at 7.20% CAGR: Verified Market Research®

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Verified Market Research

06 Oct, 2021, 14:16 GMT

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Benefits such as restricted delivery as well as targeted release along with increased drug delivery capacity are the various inputs that are estimated to contribute to the market expansion of drug-based drug delivery systems.

JERSEY CITY, N.J., Oct. 6, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Hydrogel-based Drug Delivery System Market" By Polymer Origin (Natural, Synthetic, Hybrid), By Route (Subcutaneous, Ocular, and Oral Cavity), and By Geography. According to Verified Market Research, the Global Hydrogel-based Drug Delivery System Market size was valued at USD 5.90 Billion in 2020 and is projected to reach USD 10.29 Billion by 2028, growing at a CAGR of 7.20% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=194001

Browse in-depth TOC on "Hydrogel-based Drug Delivery System Market"

202 - Pages
126 – Tables
37 – Figures

Global Hydrogel-based Drug Delivery System Market Overview

Hydrogels are a mainly appealing type of drug delivery system, and had been used in lots of branches of medicine, which include cardiology, oncology, and immunology, wound recovery, and ache management. Hydrogels are composed of a massive quantity of water and a cross-linked polymer network. Hydrogel delivery systems can leverage therapeutically useful results of drug delivery and have observed clinical use. Hydrogels can offer spatial and temporal control over the discharge of diverse therapeutic agents, which include small-molecule capsules, macromolecular capsules, and cells. Thus, owing to their tunable physical properties, controllable degradability, and capability to protect labile capsules from degradation, hydrogels serve as a platform wherein diverse physiochemical interactions with the encapsulated capsules control their release

Hydrogels help to control the release of the incorporated drug spatially and temporally. Therefore, the surging demand for controlled releases drug delivery system throughout many healing areas is a key component anticipated to contribute to marketplace growth during the forecast period. The healing effects of many lipophilic drugs are restrained because of a variety of troubles which includes bad solubility, bad dispersion, lack of uniformity, bad dissolution, low bioavailability, and shortage of in vivo stability. However, while those drugs are uploaded to a hydrogel system, the above defects may be improved to a few extents, resulting in solubilization, sustained release or controlled release outcomes, and enhanced stability and bioactivity

Key Developments

  • In March 2021, Johnson & Johnson Vision receives approval of world's first and only drug-releasing combination contact lens for vision correction and allergic eye itch: ACUVUE Theravision with Ketotifen.
  • In August 2020, Bausch + Lomb launches innovative Bausch + Lomb infuse silicone hydrogel (sihy) daily disposable contact lenses.

Key Players

The major key players in the market are GALDERMA, Blairex Laboratories, Inc., Johnson & Johnson, Bausch and Lomb, Medtronic, Ocular Therapeutix, Inc., Ferring B.V., Endo International plc, Akorn, Incorporated, and Tolmar Pharmaceuticals, Inc.

Verified Market Research has segmented the Global Hydrogel-based Drug Delivery System Market On the basis of Polymer Origin, Route, and Geography.

  • Hydrogel-based Drug Delivery System Market, By Polymer Origin
    • Natural
    • Synthetic
    • Hybrid
  • Hydrogel-based Drug Delivery System Market, By Route
    • Subcutaneous
    • Ocular
    • Oral Cavity
  • Hydrogel-based Drug Delivery System Market by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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Leading precision medicine software companies detecting the cancer's cure globally

Visualize Hydrogel-based Drug Delivery System Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

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