The Injectable Drug Delivery Market is expected to reach $39.6 billion by 2023.
According to the new market research report by IndustryARC titled “Injectable Drug Delivery Market: By Devices, Therapeutics & Formulations [Self-Injection Devices (Pen, Needle Free &
Auto-Injectors), Auto-Immune Diseases, Diabetes, Oncology, Hormonal Disorders,
Liposomes, Microspheres, Nanoparticles, Polymeric Micelles] - Forecast (2018 - 2023)”, the market is driven by the growth of the Biologics during the forecast period.
North America dominates the Injectable Drug Delivery Market
North America holds a major share in the Injectable Drug Delivery Market. In the US, chronic disease like heart diseases, diabetes, cancer, stroke, chronic obstructive pulmonary disorder, etc are prevalent. These factors drive the demand for the formulations. The number of Americans suffering from diabetes could triple by 2050.
Favourable business environment, government support, and the surge of biologics propel the demand for the injectable drug delivery devices in North America.
Injectable Drug Delivery Market Analysis in the full Report:
Self-injection devices include auto-injectors, pen injectors, and needle-free injectors. These devices are used for self-administration of medication by the patients. They are used for administration of injectable drug modules such as insulin, interferon, follicle stimulating hormone, and human growth hormone. Insulin-dependent diabetes is the main therapeutic area for application of self-injection devices.
The self-injection devices segment is expected to have a healthy growth rate due to factors such as the growth of Biotechnology and pharmaceuticals based research. Growing incidences of diabetes is also another factor for the growth of self-injection devices.
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Excerpts on Injectable Drug Delivery Market Growth Factors
- Growing diabetic population has been increasing across several regions. Diabetes can be treated by glucose monitors, insulin pumps. Usage of syringes is also used for treatment purposes.
- Growing prevalence of multiple sclerosis is the main factor that enhances the demand for injectable. For treating multiple sclerosis, self-injection devices are marketed.
- Injectable drug delivery is simple to deliver due to the large molecular size of Biologics and its high effectiveness. This factor drives the demand for drug delivery devices.
Key players of the Injectable Drug Delivery Market
Becton Dickinson & Co, Baxter International, Terumo Corporation, Schott AG dominate the Injectable Drug Delivery Market. The other players include West Pharmaceutical Services, Unilife Corporation, Gerresheimer AG, and B Braun Melsungen AG.
Becton Dickinson & Co is a company with advanced medical technology engaged in development, manufacture, and sale of devices, instrument systems, diagnostic products, etc. Baxter International manufactures medical devices, pharmaceuticals, and Biotechnology products. Schott AG operates in business segments such as solar power, electronic packaging, fiber optics, pharmaceutical systems, home tech, and flat glass.
Unilife Corporation which is headquartered in Pennsylvania focuses on the manufacture and supply of injectable drug delivery systems.
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Companies Citied / Interviewed in Injectable Drug Delivery Market:
- 1.ALKERMES, INC.
- 2.ANTARES PHARMA, INC.
- 3.BAXTER INTERNATIONAL, INC.
- 4.BECTON, DICKINSON AND COMPANY
- 5.BESPAK EUROPE, LTD
- 6.CROSSJECT SA
- 7.ELCAM MEDICAL
- 8.ELI LILLY AND COMPANY
- 9.GERRESHEIMER AG
- 10.HASELMEIER GMBH
- 11.INJEX PHARMA GMBH
- 12.NOVO NORDISK A/S
- 13.OWEN MUMFORD, LTD.
- 14.SANOFI
- 15.Company 15+
Related Report:
- A.Connected Injectable Drug Delivery Devices Market
- B.Self-Testing and Self Injectable Devices Market
Injectable Drug Delivery Market is segmented as below
A. Injectable Drug Delivery Market By Drug Formulations
1. Conventional Drug Delivery Formulations
1.1. Injectable Drug Delivery Formulation Solutions
1.2. Reconstituted Drug Delivery Formulation Solutions
2. Novel Drug Delivery Formulation Solutions
2.1. Liposomal Systems
2.2. Microspheres
2.3. Nanoparticles
2.4. Polymeric Micelles
2.5. Others
B. Injectable Drug Delivery Market By Therapeutic areas
1. Auto-Immune Diseases
1.1. Multiple Sclerosis
1.2. Rheumatoid Arthritis
1.3. Crohn's Diseases
1.4. Psoriasis
1.5. Others
2. Hormonal Disorders
2.1. Diabetes
2.2. Anemia
2.3. Reproductive Health Diseases
2.4. Osteoporosis
2.5. Growth Hormone Deficiency
2.6. Antithrombotic Therapy
3. Orphan Or Rare Diseases
4. Oncology
5. Others
5.1. Pain Management
5.2. Hepatitis C
5.3. Allergies
5.4. Aesthetic Treatment
C. Injectable Drug Delivery Market by Geography (covers 9+ countries)
E. Injectable Drug Delivery Market Entropy
What can you expect from the report?
The Injectable Drug Delivery Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1.Market Size by Product Categories
2.Market trends
3.Manufacturer Landscape
4.Distributor Landscape
5.Pricing Analysis
6.Top 10 End-user Analysis
7.Product Benchmarking
8.Product Developments
9.Mergers & Acquisition Analysis
10.Patent Analysis
11.Demand Analysis (By Revenue & Volume)
12.Country-level Analysis (15+)
13.Competitor Analysis
14.Market Shares Analysis
15.Value Chain Analysis
16.Supply Chain Analysis
17.Strategic Analysis
18.Current & Future Market Landscape Analysis
19.Opportunity Analysis
20.Revenue and Volume Analysis
Frequently Asked Questions:
Q. Does IndustryARC publish country or application based reports in Injectable Drug Delivery Market segment?
Response: Yes, we do have separate reports as mentioned below:
1. North America Injectable Drug Delivery Market Report (2018-2023)
2. Europe Injectable Drug Delivery Market Analysis (2018-2023)
3. Asia Pacific Injectable Drug Delivery Market Trends (2018-2023)
Q. Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1. Increase the level of data in the application or end user industry.
2. Increase the number of countries in geography chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you.
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end-use segment.
Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.
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