Injectable Drug Delivery Market Size to Reach USD 1,135.1 billion at a 12.8% CAGR Forecast 2019 to 2026 | EVER NEURO PHARMA GMBH’s Launch of Novel Drug Delivery Device for Parkinson’s Patients to Aid Expansion
Pune, India -- (SBWIRE) -- 03/24/2020 -- A study by the American Diabetes Association (ADA) has found that around 30.3 million people in the U.S. were diagnosed with diabetes. The rising prevalence of chronic diseases such as diabetes, cancer, and others is boosting the global "injectable drug delivery market". Fortune Business Insights in a report, titled "INJECTABLE DRUG DELIVERY: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026" predicts the global market to rise at a remarkable CAGR of 12.8% during the forecast period. The global market was worth US$ 440.5 Bn in 2018, and by the end of 2026, the market is anticipated to reach US$ 1,135.1 Bn.
The report covers:
Global Injectable Drug Delivery Market trends, with detailed analysis on consumer trends & manufacturer trends.
Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
Key areas of investments identifying market opportunities and challenges in forecast timeframe.
Competitive analysis of the industry players along with the overview on strategic management.
Comprehensive company profiles of the major industry players.
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Leading Players operating in the Injectable Drug Delivery Market are:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
SHL Group AB
Eli Lilly and Company
West Pharmaceutical Services
Introduction of Novel Injectable Drug Delivery to Propel Growth in North America
Currently, the market in North America is exhibiting the highest CAGR owing to the rapid adoption of advanced and innovative injectable drug delivery. Moreover, injectable drug users are increasing as these devices are preferred owing to their therapeutic and convenience benefits. The amplified prevalence of chronic disorders such as cancer, diabetes, and others is driving the injectable drug delivery market size in North America.
As per the National Cancer Institute, around 1,735,350 cancer cases were registered in the U.S. With the help of an injectable device; chemotherapy drugs are delivered to cancer patients with ease. Another factor responsible for injectable drug delivery growth is the presence of major manufacturers in North America. This further increases the adoption of injectable drug delivery systems.
These manufacturers are planning to develop innovative drug delivery such as auto-injectors, smart wearables, among others in the years to come. Against this backdrop, the market is likely to grow in the forecast period in North America. As per the report, the market was valued at US$ 156.8 Bn in the year 2018.
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Detailed Table of Content:
Definitions and Assumptions
Prevalence of key diseases - For key countries, 2018
New product launch
Overview of technological advancements in injectable drug delivery
Key Industry Developments - Mergers, Acquisitions, and Partnerships, 2018
Global Injectable Drug Delivery Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Device Type
Market Analysis, Insights and Forecast – By Application
Market Analysis, Insights and Forecast – By Route of Administration
Market Analysis, Insights and Forecast – By End-User
Home Care Settings
Market Analysis, Insights and Forecast – By Region
Middle East & Africa
North America Injectable Drug Delivery Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Device Type
Market Analysis – By Application
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Extensive product offerings
Customer research services
Robust research methodology
Latest technological developments
Value chain analysis
Potential Injectable Drug Delivery Market opportunities
Regular report updates
Reasons to Purchase this Report:
Comprehensive analysis of the Injectable Drug Delivery Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
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