LONDON, Sept. 5, 2018 /PRNewswire/ -- KEY FINDINGS
The global drug delivery market is forecasted to rise with a CAGR of 11.26% over the projected years of 2018-2026. Factors such as the high prevalence of chronic diseases around the world, technological advancements and growing demand for effective drug delivery mechanisms are driving growth in the drug delivery market.
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MARKET INSIGHTS
The global drug delivery market is segmented on the basis of route of administration and end-users.The route of administration includes oral drug delivery, injectable drug delivery, ocular drug delivery, topical drug delivery, pulmonary drug delivery, nasal drug delivery, and implantable drug delivery.
The market caters to end-users like hospitals, ambulatory surgical centers, home care settings, diagnostic centers, etc.
REGIONAL INSIGHTS
Regional segmentation of the global drug delivery market is done into North America, Europe, Asia-Pacific and rest of the world.By the end of the projected years, the North American market is expected to account for the highest share.
The region experiences a high prevalence of cancer and has a booming pharmaceutical industry.Other significant market is the Asia-Pacific drug delivery market, which is expected to rise with the highest CAGR over the forecast period.
The region has witnessed increased technological growth in recent years.
COMPETITIVE INSIGHTS
3M Company, Alkermes Plc, Antares Pharma, Bayer Ag, Becton, Dickinson & Company (Bd), F. Hoffmann-La Roche Ltd, Generex Biotechnology, Glaxosmithkline, Johnson & Johnson Inc, Novartis, and Psivida Corporation (Eyepoint Pharmaceuticals, Inc.) are noted companies engaged in the global drug delivery market.
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SOURCE ReportBuyer
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