Implantable drug-delivery devices release drugs to the bloodstream continuously offering various advantages to the patients such as avoiding patients from being hospitalized to receive intravenous infusions.
Implantable drug-delivery devices release drugs to the bloodstream continuously offering various advantages to the patients such as avoiding patients from being hospitalized to receive intravenous infusions. These devices are of two types namely biodegradable implants and non-biodegradable implants. They can be used for site specific drug delivery which is important in the field of applications such as cardiology and oncology.
- Based on product type, the global implantable drug delivery devices market is segmented into contraceptive implants, spinal implants, brachytherapy seeds, drug-eluting stents, bio-absorbable stents, intraocular stents, infusion pumps
- On the basis of technology, the market is segmented into biodegradable implants, non-biodegradable implants.
- Based on application, the market is bifurcated into ophthalmology, oncology, cardiovascular, birth control, opioid use disorder, and others.
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Here we have listed the top Implantable Drug Delivery Devices Market companies
1. Medtronic
2. Psivida
3. Bausch & Lomb Inc.
4. Boston Scientific Corporation
5. Arrow International
6. Cirtec
7. TissueGen
8. Delpor, Inc.
9. Nanomedical Systems
10. InnoCore Pharmaceutical
Highlights the following key factors:
1) Business description-A detailed description of the company’s operations and business divisions.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis-A detailed analysis of the company’s strengths, weakness, opportunities, and threats.
4) Company history – Progression of key events associated with the company.
5) Major products and services-A list of major products, services, and brands of the company.
6) Key competitors – A list of key competitors to the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 7 years history.
Drivers
- Availability of technological advanced drug delivery devices
- Increasing demand for implantable coronary drug eluting stents
- Extensive research on drug delivery technologies
Impact Of Covid-19 On Implantable Drug Delivery Devices Market
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and medical industry in various countries due to lockdowns, travel bans, and business shutdowns.
As various hospitals and healthcare organizations are struggling with the spread of disease, various medical device companies have diverted their focus in producing personal protection equipment. Companies are focusing on the production of diagnostic kits and monitoring systems. Also, they are tackling the outbreak through increased corporate social responsibility (CSR) activities. Therefore, it expected that the market for the implantable drug delivery devices market would witness slow growth in the coming one or two years.
The Implantable Drug Delivery Devices Market research study is designed keeping in focus all the major countries. Although, all these countries & their market trends were accounted for while composing it, detailed sections are available for only the spearheads. In case if you would be interested in specific countries which are not covered in the current scope, kindly share the list & we can customize the study based on the geographical scope defined by you.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Implantable Drug Delivery Devices Market based on product and application. It also provides market size and forecast till 2027 for overall Implantable Drug Delivery Devices Market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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