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Injectable Drug Delivery Devices Market Is Projected to Grow at a Highest CAGR with Top Key Players Like Bayer, Novartis, Pfizer, Roche Holding AG, GlaxoSmithKline, Merck

Injectable drug delivery is the delivery of drugs, medicines or pharmaceutical compound into the body via blood stream for a therapeutic effect. This drug delivery is the second-most important class of drug delivery after oral drugs. The technique includes many technologies, formulations and modes of administration to attain the preferred physiological effects.

 

Pune, India -- (SBWIRE) -- 07/26/2018 -- "Global Injectable Drug Delivery Market-Industry Trends and Forecast to 2025"Report presents an in-depth assessment of the including allowing Global Injectable Drug Delivery Market With emerging technologies, key trends and demand, major drivers and restrains, key challenges and opportunities, Growth and standardization, competitive landscape, deployment models, operator case studies, Product Type, Applications and Classifications, End Users, Injectable Drug Delivery industry prospective roadmap, value supply chain structure, eco-system top player and vendors detailed profiles and strategies. The report also introduces the forecast for Global Injectable Drug Delivery Market investments and from 2018 to 2025.

Global Injectable Drug Delivery Market is expected to reach USD 1,104,096.5 million by 2025 from USD 378,998.2 million in 2017, at a CAGR of 12.4% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Report Overview:

- The global injectable drug delivery market is segmented on the basis of type, product type, application, usage pattern, mode of administration, end user, distribution channel, and geography.

- The global injectable drug delivery market is segmented into 2 types, namely injectable drug delivery device and injectable drug delivery formulation.

- Injectable drug delivery device market is segmented into conventional injection devices and self-injection devices.

- The injectable drug delivery formulation is segmented into conventional drug delivery formulation and novel drug delivery formulation.

- On the basis of application, the market is segmented into autoimmune disease, hormonal disorders, orphan diseases, oncology and others.

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- The autoimmune diseases segment is further sub segmented based on indications into rheumatoid arthritis, multiple sclerosis, Crohn's disease, psoriasis and others.

- Hormonal disorders are further segmented into indications such as diabetes, antithrombotic therapy, reproductive health diseases, anemia, osteoporosis and others.

- On the basis of usage pattern, the market is segmented into curative care, immunization and other usage pattern.

- On the basis of mode of administration, the market is segmented into skin, circulatory/muskoskeletal, organs and central nervous system.

- On the basis of end users, the market is classified into hospitals and clinics, home healthcare, research laboratories, pharmaceutical and biotechnological companies and others.

Some of the Top Key Players:

Baxter International, Inc., Becton, Dickinson and Company, Gerresheimer AG, Pfizer, Inc., Schott AG, Alkermes Plc., Eli Lilly and Company, Sandoz, Terumo Corporation, and Teva Pharmaceuticals Industries Ltd.

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Becton, Dickinson and Company:

Founded in 1897 as Becton, Dickinson and Company and head quartered in New Jersey, U.S. is focused on developing, manufacturing and sales of medical supplies, devices, laboratory equipment and diagnostic products. The company operates through two business segments: BD Medical and BD Life Sciences.

Pfizer:

Incorporated in June 1942 and headquartered in New York, U.S. Pfizer Inc., is engaged in discovering, developing and, manufacturing of healthcare products. Pfizer Inc., operates through two segments: Pfizer Innovative Health (IH) and Pfizer Essential Health (EH). The Company's IH segment concentrates on creating and commercializing immunizations and prescriptions that enhance patients' lives, and in addition products for the end user health care.

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Mention below is some of the statistics related to the chronic diseases.

- According to Centers for Disease Control and Prevention (CDC), stated that in America, each year 7 of 10 deaths are caused due to chronic diseases.
- According to World Health Organization, in 2016, 71 million people were affected globally by chronic hepatitis C infection.
- According to American Cancer Society, Inc., in 2016, it was estimated that in the U.S. around 1,685,210 new cases of cancer will be diagnosed and approximately 595,690 people will die due to this disease.
- According to World Federation of Hemophilia, in 2015, it was estimated that 187,183 people were suffering from Hemophilia globally.
- According to World Health Organization, in 2014, the prevalence of diabetes over the age of 18 years has increased to 8.5%.
- According to the European Commission, in 2012, chronic diseases in Europe accounted for 86% of all deaths.
- According to National Cancer Institute, cancer is considered as one of the leading causes of death globally. Around 8.8 million cancer-related deaths were reported globally in 2015.
- According to the Australian Institute of Health and Welfare, in 2011, chronic diseases were the leading cause of illness, disability, and death in Australia and it accounted for 90% of all deaths.
- According to American Academy of Dermatology, in the U.S. around 7.5 million people have psoriasis.
- According to Asthma and Allergy Foundation of America, allergies are increasing and they affect around 30% of adults and 40% of children. Allergy is the most common health concern for children in the U.S.

Key questions answered in this report

1. What will be the market size in 2024 and what will the growth rate?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?

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Other Market Insights:

North America injectable drug delivery market is expected to reach USD 354.5 billion by 2024 from USD 154.0 billion in 2016, at a CAGR of 11.0% in the forecast period 2017 to 2024.

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