PUNE, India, Oct. 17, 2023 /PRNewswire/ -- In a recent publication from Infinium Global Research, an in-depth examination of the Advanced Drug Delivery Market is presented, encompassing both global and regional perspectives. This report thoroughly dissects various segments and sub-segments while illuminating the impact of drivers, limitations, and macro indicators on the global and regional advanced drug delivery market in both the short and long terms. The report offers a comprehensive overview of trends, forecasts, and the financial values linked to the global advanced drug delivery market. Notably, the global advanced drug delivery market reached a valuation of USD 43.85 billion in 2022 and is projected to surge to USD 137.33 billion by 2030, showcasing a notable Compound Annual Growth Rate (CAGR) of 13.39% over the forecast period from 2023 to 2030.
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Advanced Drug Delivery: Revolutionizing Medicine
The term "advanced drug delivery" encompasses the techniques, formulations, and methods employed to administer drugs for various therapeutic purposes. It represents the precise delivery of medication particles to their intended destinations, often within nerves or cells. Advanced drug delivery systems are designed to administer drugs in a controlled or modified manner, resulting in safer and highly effective therapies. These systems utilize innovative technologies and have a profound impact on the healthcare industry by offering enhanced accuracy, reduced dosing frequency, and decreased variability in systemic drug concentrations.
Key Drivers and Challenges Shaping the Market
One of the primary drivers of the advanced drug delivery market is the escalating incidence of chronic diseases across the global population. Chronic diseases, characterized by long-lasting medical conditions requiring continuous treatment, have become increasingly prevalent. Additionally, a significant increase in healthcare spending worldwide has further fuelled the growth of advanced drug delivery solutions. Factors contributing to rising healthcare expenditure include population growth, especially among geriatrics, a surge in chronic diseases, and increased utilization of medical services. Increased consumer awareness of health has also played a role in boosting healthcare spending. Furthermore, heightened Research and Development activities in the pharmaceutical sector offer opportunities for the introduction of new drug formulations.
However, the market faces challenges, including a growing number of drug recalls and failures. These setbacks are expected to hinder the growth of the advanced drug delivery market during the forecast period. Stringent government regulations and the need for FDA approvals can also pose obstacles to market expansion.
Regional Insights: North America Leads, Asia-Pacific Grows Rapidly
North America currently holds the largest market share in the advanced drug delivery market. Factors contributing to this dominance include a rising number of patients, increased investments in research and development activities, and the establishment of technologically advanced research centres. Europe holds the second-largest share, with strategic developments by key players driving market growth. Asia Pacific accounted for a significant share of the global advanced drug delivery market in 2020, and it is expected to experience rapid growth during the forecast period. Increased adoption of advanced technology is anticipated to fuel market expansion within the region.
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Segmentation Overview
The global advanced drug delivery market is segmented into various categories:
Type:
- Oral Drug Delivery System
- Injection-Based Drug Delivery System
- Inhalation/Pulmonary Drug Delivery System
- Transdermal Drug Delivery System
- Carrier-Based Drug Delivery System
- Other Types
Application:
- Cardiovascular Diseases
- Oncology
- Urology
- Diabetes
- Central Nervous System
- Ophthalmology
- Infections
- Other Applications
Technology:
- Prodrug
- Implants and Intrauterine Devices
- Targeted Drug Delivery
- Polymeric Drug Delivery
- Other Technologies
Competitive Landscape:
The report provides profiles of the companies in the market such as Pfizer Inc., AstraZeneca, BD, Abbott Laboratories, Amgen Inc., Novartis AG, Baxter, Bayer AG, Medtronic, and Kindeva Drug Delivery.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Advanced Drug Delivery Market Highlights
2.2. Advanced Drug Delivery Market Projection
2.3. Advanced Drug Delivery Market Regional Highlights
Chapter 3. Global Advanced Drug Delivery Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Technology
3.4.4. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Advanced Drug Delivery Market
Chapter 4. Advanced Drug Delivery Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Advanced Drug Delivery Market
5.2. Companies Profiles
5.2.1. Pfizer Inc.
5.2.2. AstraZeneca
5.2.3. BD
5.2.4. Abbott Laboratories
5.2.5. Amgen Inc.
5.2.6. Novartis AG
5.2.7. Baxter
5.2.8. Bayer AG
5.2.9. Medtronic
5.2.10. Kindeva Drug Delivery
Chapter 6. Global Advanced Drug Delivery Market by Type
6.1. Oral Drug Delivery System
6.2. Injection-based Drug Delivery System
6.3. Inhalation/Pulmonary Drug Delivery System
6.4. Transdermal Drug Delivery System
6.5. Carrier-based Drug Delivery System
6.6. Other Types
Chapter 7. Global Advanced Drug Delivery Market by Application
7.1. Cardiovascular Diseases
7.2. Oncology
7.3. Urology
7.4. Diabetes
7.5. Central Nervous System
7.6. Ophthalmology
7.7. Infections
7.8. Other Applications
Chapter 8. Global Advanced Drug Delivery Market by Technology
8.1. Prodrug
8.2. Implants and Intrauterine Devices
8.3. Targeted Drug Delivery
8.4. Polymeric Drug Delivery
8.5. Other Technologies
Chapter 9. Global Advanced Drug Delivery Market by Region 2023-2030
9.1. North America
9.1.1. North America Advanced Drug Delivery Market by Type
9.1.2. North America Advanced Drug Delivery Market by Application
9.1.3. North America Advanced Drug Delivery Market by Technology
9.1.4. North America Advanced Drug Delivery Market by Country
9.1.4.1. The U.S. Advanced Drug Delivery Market
9.1.4.1.1. The U.S. Advanced Drug Delivery Market by Type
9.1.4.1.2. The U.S. Advanced Drug Delivery Market by Application
9.1.4.1.3. The U.S. Advanced Drug Delivery Market by Technology
9.1.4.2. Canada Advanced Drug Delivery Market
9.1.4.2.1. Canada Advanced Drug Delivery Market by Type
9.1.4.2.2. Canada Advanced Drug Delivery Market by Application
9.1.4.2.3. Canada Advanced Drug Delivery Market by Technology
9.1.4.3. Mexico Advanced Drug Delivery Market
9.1.4.3.1. Mexico Advanced Drug Delivery Market by Type
9.1.4.3.2. Mexico Advanced Drug Delivery Market by Application
9.1.4.3.3. Mexico Advanced Drug Delivery Market by Technology
9.2. Europe
9.2.1. Europe Advanced Drug Delivery Market by Type
9.2.2. Europe Advanced Drug Delivery Market by Application
9.2.3. Europe Advanced Drug Delivery Market by Technology
9.2.4. Europe Advanced Drug Delivery Market by Country
9.2.4.1. Germany Advanced Drug Delivery Market
9.2.4.1.1. Germany Advanced Drug Delivery Market by Type
9.2.4.1.2. Germany Advanced Drug Delivery Market by Application
9.2.4.1.3. Germany Advanced Drug Delivery Market by Technology
9.2.4.2. United Kingdom Advanced Drug Delivery Market
9.2.4.2.1. United Kingdom Advanced Drug Delivery Market by Type
9.2.4.2.2. United Kingdom Advanced Drug Delivery Market by Application
9.2.4.2.3. United Kingdom Advanced Drug Delivery Market by Technology
9.2.4.3. France Advanced Drug Delivery Market
9.2.4.3.1. France Advanced Drug Delivery Market by Type
9.2.4.3.2. France Advanced Drug Delivery Market by Application
9.2.4.3.3. France Advanced Drug Delivery Market by Technology
9.2.4.4. Italy Advanced Drug Delivery Market
9.2.4.4.1. Italy Advanced Drug Delivery Market by Type
9.2.4.4.2. Italy Advanced Drug Delivery Market by Application
9.2.4.4.3. Italy Advanced Drug Delivery Market by Technology
9.2.4.5. Rest of Europe Advanced Drug Delivery Market
9.2.4.5.1. Rest of Europe Advanced Drug Delivery Market by Type
9.2.4.5.2. Rest of Europe Advanced Drug Delivery Market by Application
9.2.4.5.3. Rest of Europe Advanced Drug Delivery Market by Technology
9.3. Asia Pacific
9.3.1. Asia Pacific Advanced Drug Delivery Market by Type
9.3.2. Asia Pacific Advanced Drug Delivery Market by Application
9.3.3. Asia Pacific Advanced Drug Delivery Market by Technology
9.3.4. Asia Pacific Advanced Drug Delivery Market by Country
9.3.4.1. China Advanced Drug Delivery Market
9.3.4.1.1. China Advanced Drug Delivery Market by Type
9.3.4.1.2. China Advanced Drug Delivery Market by Application
9.3.4.1.3. China Advanced Drug Delivery Market by Technology
9.3.4.2. Japan Advanced Drug Delivery Market
9.3.4.2.1. Japan Advanced Drug Delivery Market by Type
9.3.4.2.2. Japan Advanced Drug Delivery Market by Application
9.3.4.2.3. Japan Advanced Drug Delivery Market by Technology
9.3.4.3. India Advanced Drug Delivery Market
9.3.4.3.1. India Advanced Drug Delivery Market by Type
9.3.4.3.2. India Advanced Drug Delivery Market by Application
9.3.4.3.3. India Advanced Drug Delivery Market by Technology
9.3.4.4. South Korea Advanced Drug Delivery Market
9.3.4.4.1. South Korea Advanced Drug Delivery Market by Type
9.3.4.4.2. South Korea Advanced Drug Delivery Market by Application
9.3.4.4.3. South Korea Advanced Drug Delivery Market by Technology
9.3.4.5. Australia Advanced Drug Delivery Market
9.3.4.5.1. Australia Advanced Drug Delivery Market by Type
9.3.4.5.2. Australia Advanced Drug Delivery Market by Application
9.3.4.5.3. Australia Advanced Drug Delivery Market by Technology
9.3.4.6. Rest of Asia-Pacific Advanced Drug Delivery Market
9.3.4.6.1. Rest of Asia-Pacific Advanced Drug Delivery Market by Type
9.3.4.6.2. Rest of Asia-Pacific Advanced Drug Delivery Market by Application
9.3.4.6.3. Rest of Asia-Pacific Advanced Drug Delivery Market by Technology
9.4. RoW
9.4.1. RoW Advanced Drug Delivery Market by Type
9.4.2. RoW Advanced Drug Delivery Market by Application
9.4.3. RoW Advanced Drug Delivery Market by Technology
9.4.4. RoW Advanced Drug Delivery Market by Sub-region
9.4.4.1. Latin America Advanced Drug Delivery Market
9.4.4.1.1. Latin America Advanced Drug Delivery Market by Type
9.4.4.1.2. Latin America Advanced Drug Delivery Market by Application
9.4.4.1.3. Latin America Advanced Drug Delivery Market by Technology
9.4.4.2. Middle East Advanced Drug Delivery Market
9.4.4.2.1. Middle East Advanced Drug Delivery Market by Type
9.4.4.2.2. Middle East Advanced Drug Delivery Market by Application
9.4.4.2.3. Middle East Advanced Drug Delivery Market by Technology
9.4.4.3. Africa Advanced Drug Delivery Market
9.4.4.3.1. Africa Advanced Drug Delivery Market by Type
9.4.4.3.2. Africa Advanced Drug Delivery Market by Application
9.4.4.3.3. Africa Advanced Drug Delivery Market by Technology
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of advanced drug delivery.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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