Prospects of Drug Delivery Technology Market Disscussed by M&M in New Research Report Recently Published at MarketPublishers.com20 Nov 2015 • by Natalie Aster
LONDON – The worldwide drug delivery technology market is estimated at USD 1,048.1 billion in the year 2015. Through 2020, the global market for drug delivery technology is set to rise at a 7.5% CAGR and is likely to reach USD 1,504.7 billion in 2020. Positive growth in the market is expected to be driven by such factors as a rising number of chronic diseases, adoption of innovations and new technologies, growth in the biologics market, etc.
The topical drug delivery technology sector is predicted to witness the highest growth rates in the upcoming years. Asia is anticipated to be the fastest-growing regional market owing to growing population, increasing prevalence of chronic diseases in the emerging markets as well as a number of existing medical needs.
New research study “Drug Delivery Technology Market” worked out by MarketsandMarkets (M&M) provides a comprehensive analysis of the drug delivery technology market at global and regional scales, and also presents a detailed market assessment on the basis of geography, route of administration and end-use sphere. It uncovers cutting-edge data on the market size, value, volume and competitive scenario. Moreover, the report includes a review of existing products, describes the recent industry developments and characterizes top strategies adopted by the most influential participants in the drug delivery technology market. The research study points out the market growth drivers, challenges and restraints. The report offers a granular forecast of the possible future trends up to 2020.
Drug Delivery Technology Market by Route of Administration (Oral (Solid), Pulmonary (Nebulizer), Injectable (Device), Ocular (Liquid), Nasal (Drop), Topical (Solid), Implantable (Active), Transmucosal (Oral)), End User (Hospital, ASC, Home Care) -Forecast to 2020
Published: November, 2015
Price: US$ 4,650.00
More research reports by the publisher can be found at MarketsandMarkets page.