Roots Analysis has announced the addition of the “Novel Ocular Drug Delivery System Market, 2021 – 2030” report to its list of offerings.
Over the years, a number of companies have developed several novel and advanced drug delivery devices, which are reported to be capable of addressing the known challenges in this domain. The anticipated growth in the patient population for such disorders is likely to increase demand for effective and patient centric ocular drug delivery devices.
To order this 200+ page report, which features 90+ figures and 115+ tables, please visit this https://www.rootsanalysis.com/reports/novel-ocular-drug-delivery-devices-market.html
Key Market Insights
Over 45 novel ocular drug delivery devices have either been approved or are being developed
Currently, there are 13% of such Global Ocular Drug Delivery Technology Market, while majority (44%) of the systems are being evaluated in preclinical and discovery stages. Further, most (88%) of these devices are intended for the delivery of small molecule-based therapies.
Close to 80% of the novel ocular drug delivery devices in the pipeline are implants
Inserts and punctal plugs represent 10% of the development pipeline, each. Further, majority (60%) of such drug delivery devices are biodegradable. It is also worth mentioning that most (75%) of the ocular drug delivery device developers are based in North America, primarily in the US.
Clinical trials registered in this domain have increased at a CAGR of 29%, during 2018-2021
A number of clinical studies focused on the evaluation of novel drug delivery devices are currently ongoing worldwide. Of the total, close to 55% of the studies have already been completed, followed by 33% trials which are currently active and recruiting patients.
North America and Europe are anticipated to capture over 88% of the market share, by 2030
The current market is driven by sales of novel ocular drug delivery devices designed to treat non-infectious uveitis (over 32%), followed by those targeting diabetic macular edema (22%) and glaucoma (13%). Further, ocular drug delivery inserts currently capture the dominant share (90%) of the market (in terms of sales-based revenues); this trend is unlikely to change in the foreseen future.
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Key Questions Answered
- Who are the leading novel ocular drug delivery device developers?
- Which are the popular types of novel ocular drug delivery devices available in this market?
- What are the key challenges faced by stakeholders engaged in this domain?
- What types of partnership models are commonly being adopted by stakeholders in this industry?
- Who are the key investors in this domain?
- How is the intellectual property landscape in this field likely to evolve in the foreseen future?
- What are the factors that are likely to influence the evolution of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
The financial opportunity within the novel ocular drug delivery devices market has been analyzed across the following segments:
- Type of Drug Delivery Device
- Implant
- Insert
- Punctal Plugs
- Target Indication
- Glaucoma
- Retinal vein occlusion
- Postoperative ocular inflammation
- Non-infectious uveitis
- Diabetic macular edema
- Dry eye disease
- Wet age-related macular degeneration
- Retinal diseases
- Neovascular age-related macular degeneration
- Others
- Type of Product
- Biodegradable
- Non-biodegradable
- Key Geographical Regions
- North America
- Europe
- Asia-Pacific
- Rest of the World
The report includes profiles of key players (listed below); each profile features an overview of the company, details related to its financials (if available), technology overview, product portfolios, recent developments and an informed future outlook.
- Alimera Sciences
- Bausch & Lomb
- EyePoint Pharmaceuticals
- Genentech
- Glaukos
- Neurotech Pharmaceuticals
- Ocular Therapeutix
For additional details, please visit
https://www.rootsanalysis.com/reports/novel-ocular-drug-delivery-devices-market.html or email sales@rootsanalysis.com
You may also be interested in the following titles:
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- Connected / Smart Drug Delivery Systems Market, 2021-2030
- Diabetes Drug Delivery Devices Market, 2020-2030
- Organ-based / Targeted Drug Delivery Devices Market, 2020-2030
About Roots Analysis
Roots Analysis is one of the fastest growing market research companies, sharing fresh and independent perspectives in the bio-pharmaceutical industry. The in-depth research, analysis and insights are driven by an experienced leadership team which has gained many years of significant experience in this sector. If you’d like help with your growing business needs, get in touch at info@rootsanalysis.com
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