Application in Oncology and CNS to Elevate Drug Delivery Systems Market: Fact.MR
Increasing cases of neurological disorders and chronic disease, attributed to the increase in application of oncology and CNS, to spur the sales of drug delivery systems
Fact.MR, Dubai: Fact.MR’s report on global drug delivery systems market projects a strong growth of over 7% CAGR in the forecast period. As per the study, the incorporation of 3-D printing and the nano-technology in drug delivery system is expected to propel the sales in the forecast period. Rising prevalence of chronic diseases such as leukemia, colon cancer are burgeoning the sales of oncology segment. Therefore, bolstering the growth of drug delivery systems.
According to World Health Organization, approximately 5.87 million people in U.S. suffer from neurological disorders and fatal cases. Therefore, such rising cases of neurological disorders is boosting the CNS segment, propelling the sales for drug delivery systems.
Furthermore, according to the Fact.MR study, the ongoing pandemic research activity is set to exhibit a strong growth in the forecast period.
“Key drug delivery systems manufacturers are focusing on adopting nano-technology and technological advancements for the expansion of drug delivery systems,” says the Fact.MR analyst.
Request a report sample to gain comprehensive insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=4768
- Drug delivery systems market to exhibit a growth of nearly 7% CAGR through 2021
- Targeted drug delivery segment expected to account for almost 50% of market share
- By application, oncology segment to exhibit the fastest sales through 2021
- Polymeric drug delivery to register a staggering growth at 7.3% during forecast period
- Injectable segment to constitute major market share of nearly 44.6% through 2021
- North America to retain its dominance with over 40% market share
- Asia Pacific to emerge as lucrative with fastest CAGR of nearly 7.8% through 2021
- Development of new drugs and biologics to foster the sales
- Penetration of 3-D printing and electronic drug delivery system to spur drug delivery system sales
- Application of nanotechnology and prevalence in chronic disease such as leukemia, brain tumor to drive the sales of drug delivery systems
- Adverse side effects such as renal impairment, thrombosis to hamper the sales for IVIG application, restraining the growth of drug delivery systems
- Cytotoxicity of nanoparticles in nano-medicine based drug delivery to restrain the growth of market
Discover more about the drug delivery systems market with 74 figures, 27 data tables and the table of contents. You will also find detailed market segmentation on https://www.factmr.com/report/4788/drug delivery systems-market
Key Drug delivery systems manufacturers profiled by Fact.MR include Novartis AG, Amgen Inc., F.Hoffmann-La Roche Ltd., Pfizer Inc., Johnson & Johnson Services Ltd., Becton, Dickinson and Company, AstraZeneca PLC., Baxter International Inc., Bayer AG and Boston Scientific Corporation among others. According to Fact.MR’s analysis, the drug delivery system market is highly competitive owing to the presence various regional as well as global manufacturers in the market.
In September 2020, FDA accepted supplemental new drug application for Pfizer’s Xalkori (Crizotinib) for the treatment of pediatric alk-positive anaplastic large cell lymphoma. .
More Insights on the Drug delivery systems Market
In its latest report, Fact.MR offers an exhaustive analysis on global drug delivery systems market. In order to understand the global market potential, its growth, and key trends, the market is segmented on the basis of delivery system (intra uterine implants, pro-drug implants, polymeric drug delivery, targeted drug delivery), route of administration (oral, injectable, inhalation, transdermal, ocular, nasal and topical), application (infectious disease, oncology, ophthalmology, urology, diabetes, CNS, and others), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa).
Request more information about Report Methodology
Explore Fact.MR’s Coverage on the Healthcare Domain
MRI Guided Drug Delivery Market: A recent study by Fact.MR on the MRI guided drug delivery market offers a 10-year forecast. The study analyzes crucial trends that are currently determining market growth. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders and emerging players.
Ocular Drug Delivery Technology Market: An exhaustive analysis of ocular drug delivery technology market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the ocular drug delivery technology market along with their product portfolios enhances the reliability of this comprehensive research study.
Drug Discovery Services Market: Fact.MR gives an unbiased analysis on the global market for drug discovery systems. The study provides detailed assessment on the key market dynamics, including drivers, trends, opportunities restraints, and detailed information about the drug discovery services market.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
US Sales Office:
11140 Rockville Pike
Rockville, MD 20852
Tel: +1 (628) 251-1583
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates