Drug Delivery Devices Market to Witness a Pronounce Growth During Period 2019-2026

Global drug delivery devices market is expected to rise from its initial estimated value of USD 1243.34 billion in 2018 to a projected value of USD 2070.12 billion by 2026, registering a CAGR of 6.58% in the forecast period of 2019-2026. This rise in market value can be attributed to the constant innovations and advancements in the market resulting in product launches.

Drug delivery devices market report has been worked out with the thorough statistics and market research insights which provide quick growth and thriving sustainability in the industry for the businesses. In addition, market definition underlined in this drug delivery devices report covers the market drivers which are supposed to make rise in the market and market restraints that causes fall in the market growth. Market analysis carried out in this drug delivery devices report gives estimations about the probable rise, growth or fall of the product in the exact forecast period. Competitive analysis provides a clear idea about the strategies used by the major players in the market which boosts their penetration in the market.

A range of competitor analysis strategies included in drug delivery devices report are; new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions. The market data is explored and forecasted using well known market statistical and coherent models. Market shares of the top market players in the major areas of the world such as Europe, North America, Asia Pacific, South America, Middle East and Africa are also evaluated in this drug delivery devices market research report. Research and analysis in the drug delivery devices report is performed with one step or the combination of several steps depending upon the client and business requirements.

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Market Definition: Global Drug Delivery Devices Market

Drug delivery devices are those medical devices and equipments that are used for dispatching the drugs into the human bodies and various systems. They are specifically made for dispatching the specific drugs according to the various administration techniques. These devices are used for the therapeutic treatments and entire recovery procedure.

Market Drivers:

  • Increasing prevalence of chronic diseases globally resulting in increased consumption of therapeutic drugs and therapies; this factor is expected to act as a driver for the market growth
  • Growth in the consumption of drugs and therapeutic pharmaceuticals because of the development and better nature of treatment associated with these drugs; this factor is expected to act as a driver for the market growth

Market Restraint:

  • Increase in complications and expertise required in delivering therapeutics and drugs through these devices; this factor is expected to act as a restraint to the market growth

Key Market Competitors: Global Drug Delivery Devices Market

BD.; F. Hoffmann-La Roche Ltd; Antares Pharma; Novartis AG; 3M; Sulzer Ltd; Gerresheimer AG; Sanofi; Johnson & Johnson Services, Inc.; Bayer AG; GlaxoSmithKline plc; Novosanis; MEDMIX SYSTEMS AG; Merck & Co., Inc.; Pfizer Inc.; Insulet Corporation; OraSure Technologies, Inc.; Enable Injections; West Pharmaceutical Services, Inc.; SMC Ltd.; ViVO Smart Medical Devices Ltd. and Cipla Inc. are few of the major competitors currently present in the market.

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Global drug delivery devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of drug delivery devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation: Global Drug Delivery Devices Market

  • By Route of Administration
    • Oral Drug Delivery
  • Solid Oral Drugs
  • Tablets
  • Capsules
  • Powders
  • Pills
  • Liquid Oral Drugs
  • Syrups
  • Solutions
  • Semi-Solid Oral Drugs
  • Gels
  • Emulsions
  • Elixirs
    • Injectable Drug Delivery
  • Conventional Injection Devices (By Material)
  • Glass
  • Plastic
  • Conventional Injection Devices (By Product)
  • Fillable Syringes
  • Pre-Filled Syringes
  • Conventional Injection Devices (By Usability)
  • Reusable Syringes
  • Disposable Syringes
  • Self-Injection Devices
  • Needle-Free Injectors
  • Autoinjectors
  • Pen Injectors
  • Wearable Injectors
  • Other Injector Devices
    • Topical Drug Delivery
  • Liquid Formulations
  • Solutions
  • Suspensions
  • Semi-Solid Formulations
  • Creams
  • Gels
  • Ointments
  • Pastes
  • Lotions
  • Solid Formulations
  • Suppositories
  • Powders
  • Transdermal Products
  • Transdermal Patches
  • Transdermal Gels
    • Ocular Drug Delivery
  • Liquid Formulations
  • Eye Drops
  • Liquid Sprays
  • Semi-Solid Formulations
  • Gels
  • Eye Ointments
  • Ocular Devices
  • Drug-Coated Contact Lenses
  • Ocular Inserts
    • Pulmonary Drug Delivery
  • Metered-Dose Inhalers
  • Dry Powder Inhalers
  • Nebulizers
  • Jet Nebulizers
  • Ultrasonic Nebulizers
  • Soft Mist Nebulizers
    • Nasal Drug Delivery
  • Nasal Drops
  • Nasal Sprays
  • Nasal Powders
  • Nasal Gels
    • Transmucosal Drug Delivery
  • Oral Formulations
  • Buccal Drug Delivery
  • Sublingual Drug Delivery
  • Others
  • Rectal Transmucosal Drug Delivery
  • Vaginal Transmucosal Drug Delivery
    • Implantable Drug Delivery
  • Active Implantable Drug Delivery
  • Passive Implantable Drug Delivery
  • By Patient Care Setting
    • Hospitals
    • Diagnostic Centers
    • Ambulatory Surgery Centers/Clinics
    • Home Care Settings
    • Others
  • By Application
    • Cancer
    • Infectious Diseases
    • Respiratory Diseases
    • Diabetes
    • Cardiovascular Diseases
    • Autoimmune Diseases
    • Central Nervous System Disorders
    • Others
  • Endocrine Disorders
  • Ophthalmic Disorders
  • By Geography
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa

Key Developments in the Market:

  • In September 2018, Sulzer Ltd announced that they had completed the acquisition of MEDMIX SYSTEMS AG. This acquisition will help Sulzer Ltd in expanding their business segments to include the healthcare division and help in providing various products for the healthcare market.
  • In July 2018, Gerresheimer AG announced that they had acquired Sensile Medical and has expanded their service portfolios through this acquisition. This acquisition will help in expanding the technological portfolio of Gerresheimer AG due to Sensile’s expertise in the development and usage of liquid drug delivery devices.

Reasons to Purchase this Report:

  • Current and future of global drug delivery devices market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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