According to a new report published by Allied Market Research, titled, “Pharmaceutical Drug Delivery Market by Route of Administration and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026,” the global pharmaceutical drug delivery market was valued at $1,200 billion in 2018, and is expected to reach $1,733 billion by 2026, registering a CAGR of 4.7% from 2019 to 2026.

Surge in awareness related to use of pharmaceutical drug delivery is the major factor that contributes to the growth of the global market. In addition, rise in governmental support for research in the field of drug delivery and increase in healthcare expenditure fuel the pharmaceutical drug delivery market growth. Furthermore, rise in prevalence of various chronic diseases such as cardiovascular diseases, cancer, and respiratory diseases, which require the use of pharmaceutical drug delivery systems is a major factor that boosts the growth of the market. However, rise in number of drug recalls and drug failures restricts the growth of the market.

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Key Market Players: Bayer AG, Becton, Dickinson And Company, F. Hoffmann-La Roche AG, GlaxoSmithKline Plc, Johnson & Johnson, Merck & Co., Inc., Novartis AG, 3M Company, Pfizer Inc., and Sanofi

The global pharmaceutical drug delivery market size is studied on the basis of route of administration, application, and region to provide a detailed assessment of the market. Depending on route of administration, the market is segmented into oral drug delivery system, pulmonary drug delivery, ocular drug delivery systems, nasal drug delivery system, ocular drug delivery, topical drug delivery, and others. The applications covered in the study include cancer, diabetes, respiratory diseases, cardiovascular diseases, and others. Region wise, the pharmaceutical drug delivery market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, and rest of LAMEA).

According to route of administration, the others segment occupied the largest share of pharmaceutical drug delivery market in 2018, and is expected to grow at the fastest pace during the forecast period, owing to rise in awareness related to the use of drug delivery systems and increase in healthcare expenditure.

By application, the cancer segment occupied the largest share of the pharmaceutical drug delivery market, in 2018. This growth is attributable to surge in prevalence of cancer. Moreover, rise in need for novel and advanced therapeutics required for cancer treatment is acts as a key factor that boosts the growth of the global market. However, the others segment is expected to grow at the fastest pace during the forecast period, owing to alarming increase in prevalence of various disorders such as respiratory disorders such as asthma and bronchitis. 

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Key Findings of the Study:

By application, the others segment occupied three-fourths share of the global pharmaceutical drug delivery market in 2018.

The oral drug delivery occupied one-third share of the global pharmaceutical drug delivery market in 2018.

The others segment in route of administration is expected to show fastest growth rate during the forecast period.

Asia-Pacific is anticipated to grow at the highest rate during the analysis period, followed by LAMEA.

FREQUENTLY ASKED QUESTIONS?

Q1. What is the total market value of pharmaceutical drug delivery market report?

Q2. What would be forecast period in the market report?

Q3. What is the market value of pharmaceutical drug delivery market in 2019?

Q4. Which is base year calculated in the pharmaceutical drug delivery market report?

Q5. Which are the top companies hold the market share in pharmaceutical drug delivery market?

Q6. Which is the most influencing segment growing in the pharmaceutical drug delivery market report?

Q7. What are the key trends in the pharmaceutical drug delivery market report?

Q8. What are the market values / growth % of emerging countries?

Q9. What are pharmaceutical drug delivery?

Q10. What are pharmaceutical drug delivery used for?

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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