The Global Novel Drug Delivery Systems Market Report is a compilation of comprehensive research studies of various aspects of the Novel Drug Delivery Systems Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Novel Drug Delivery Systems market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Novel Drug Delivery Systems market and how they will evolve in the years to come.
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In terms of revenue, the global novel drug delivery systems market is anticipated to grow at a CAGR of 8.12% over the forecast period (2022 – 2030).. Abbott, Bayer AG, Becton, Dickinson and Company, BoehringerIngelheim International GmbH, Enable Injections, GlaxoSmithKline plc., Insulet Corporation, Johnson & Johnson Services, KINDEVA DRUG DELIVERY, Koninklijke Philips N.V., Lonza Group Ltd., Merck KGaA, Nemera, Novartis International AG, Rapid Dose Therapeutics Inc., West Pharmaceutical Services, Other Market Participants
Drug delivery research has gained immense attention in the last two decades. Researchers are increasingly developing novel drug delivery systems that help in enhancing the absorption of drugs in the body, and reduce wastage. These delivery systems also reduces the pain associated with certain modes of drug delivery. The rising demand for optimizing drug delivery, in both animals and humans, coupled with the advancement in medical technology that combines software programming with drug delivery, is paving way for the growth of the global novel drug delivery systems market.
COVID-19 Impact:
The spread of the Coronavirus in 2020 has resulted in serious disruption of businesses, and has also resulted in the increased load in the healthcare and pharmaceutical sector. The virus has claimed over five million lives so far, and rapid mutations in the virus is causing worry amongst healthcare professionals and government bodies. The rolling out of the vaccines has reduced the severity of COVID-19 infections, but the numbers are still on the rise due to mutations. Due to this, numerous countries have been forced to implement lockdown and social distancing norms to ensure the sound health of individuals.
However, the pandemic has created additional growth opportunities for the global novel drug delivery systems market, as researchers are increasingly looking at methods to increase the effectiveness of the COVID-19 vaccine, along with ensuring proper delivery of medicines to the affected patients. There has also been ample focus on other fields of medicine, especially cancer research, and companies are increasingly trying to counter the effects of cancer medicine using targeted drug delivery. Rise in funding in the healthcare and pharmaceutical sector, by both private and public entities, is facilitating the growth of the global novel drug delivery systems market. Therefore, the pandemic has certainly impacted the global novel drug delivery systems market growth.
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Global Novel Drug Delivery Systems Market
By Carrier Type
- Liposomes
- Phytosomes
- Nanoparticles
- Niosomes
- Proniosomes
- Microspheres
- Emulsions
- Ethosomes
- Transfereosomes
- Others
By Route of Administration
- Oral
- Inhalation
- Skin Absorption
- Intravenous
- Pulmonary Route
- Others
By Type
- Targeted Drug Delivery
- Controlled Drug Delivery
- Modulated Drug Delivery
By Application
- Humans
- Animals
By End-Users
- Research Institutions
- Healthcare Facilities
- Speciality Clinics
- Pharmaceutical Companies
- Geriatric Care Centres
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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