Drug & Gene Delivery Systems Market Size Will Attain USD 815.6 Billion by 2030 Increasing at 7.33% CAGR - Exclusive Report by Zion Market Research | Global Drug & Gene Delivery Systems Market Size, Share, Trends Analysis Report

NEW YORK, United States, May 12, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Drug & Gene Delivery Systems Market By Delivery System (Drug Delivery Systems, Gene Delivery Systems), By Route Of Administration (Oral, Ocular, Nasal, Injectable, Inhalation, Transdermal, Topical), By Application (Diabetes, Central Nervous System (CNS), Infectious Diseases, Oncology, Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Drug & Gene Delivery Systems Market size & share in terms of revenue was valued at USD 483.9 billion in 2022 and it is expected to surpass around USD 815.6 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.33% during the forecast period 2023 to 2030.”

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What is Drug & Gene Delivery Systems? How big is the Drug & Gene Delivery Systems Industry?

Report Overview:

Drug and gene delivery systems are innovative technologies used to improve the efficacy and safety of drug therapies. These systems facilitate the targeted delivery of drugs and genes to specific cells or tissues, enhancing treatment outcomes and reducing side effects. Drug delivery systems include oral, injectable, inhalable, and transdermal delivery methods, while gene delivery systems use viral or non-viral vectors to deliver genetic material to cells.

These systems are being increasingly used in the treatment of a wide range of diseases, including cancer, genetic disorders, and infectious diseases. Advancements in nanotechnology and biotechnology have enabled the development of more precise and personalized drug and gene delivery systems, further driving their adoption in clinical practice.

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Our Free Sample Report Consists of the Following:

• Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
• About 230+ Pages Research Report (Including Recent Research)
• Provide detailed chapter-by-chapter guidance on Request
• Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
• Includes Tables and figures have been updated
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
• Zion Market Research Methodology

Global Drug & Gene Delivery Systems Market Dynamics: Growth Factors & Restraints

The global drug and gene delivery systems market is driven by the increasing prevalence of chronic diseases, advancements in nanotechnology, growing demand for non-invasive drug delivery methods, and a rise in biologics development. In addition, the market presents several opportunities such as the increasing focus on personalized medicine, the growing demand for self-administered drug delivery systems, and the adoption of digital health technologies.

These factors create ample opportunities for the drug and gene delivery systems industry. However, this market faces challenges such as the high cost of development & regulatory approval, the risk of adverse events, the need for better delivery technologies, the lack of standardization, and compatibility between different drug delivery systems. Addressing these challenges will be crucial for driving continued innovation and growth in the drug and gene delivery systems market, which is poised to continue growing as new technologies and applications emerge.

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Report Scope

Drug & Gene Delivery Systems Market: Segmentation Analysis

The global drug and gene delivery systems market is segmented based on delivery system, route of administration, application, and region.

Based on delivery system, the market is segmented into drug delivery system and gene delivery system segments. The drug delivery system segment held the largest market share in 2022 and is predicted to grow at a remarkable CAGR during the forecast period.

This growth can be attributed to several factors, including an increasing demand for targeted and personalized therapies, advancements in drug delivery technologies, and a rising prevalence of chronic diseases. Additionally, the growing trend towards the self-administration of drugs has increased demand for convenient and easy-to-use drug delivery systems, such as inhalers and transdermal patches. With the ongoing development of new drug delivery technologies and the continued focus on patient-centric healthcare, the drug delivery system segment is expected to continue its growth trajectory in the coming years.

Based on route of administration, the drug and gene delivery systems industry is segmented into oral, ocular, nasal, injectable, inhalation, transdermal, and topical. The oral segment held the largest market share in 2022 and is further predicted to grow rapidly at a significant CAGR during the forecast period. This growth can be attributed to several factors, including the convenience and ease of administration of oral drugs, the growing prevalence of chronic diseases that require long-term treatment, and the development of novel oral drug delivery technologies.

Additionally, the rising demand for patient-centric healthcare and personalized medicine has led to an increase in the development of oral drugs with targeted and specialized delivery systems. With ongoing advancements in technology and a focus on improving patient outcomes, the oral segment of the drug delivery systems market is expected to continue its growth in the future.

Based on application, the market is segmented into diabetes, central nervous system (CNS), infectious diseases, oncology, and others.

The global Drug & Gene Delivery Systems market is segmented as follows:

By Delivery System

• Drug Delivery Systems
• Gene Delivery Systems

By Route of Administration

• Oral
• Ocular
• Nasal
• Injectable
• Inhalation
• Transdermal
• Topical

By Application

• Diabetes
• CNS
• Infectious Diseases
• Oncology
• Others

Browse the full “Drug & Gene Delivery Systems Market By Delivery System (Drug Delivery Systems, Gene Delivery Systems), By Route Of Administration (Oral, Ocular, Nasal, Injectable, Inhalation, Transdermal, Topical), By Application (Diabetes, Central Nervous System (CNS), Infectious Diseases, Oncology, Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030”-Report at https://www.zionmarketresearch.com/report/drug-gene-delivery-systems-market

Competitive Landscape

Some of the main competitors dominating the global Drug & Gene Delivery Systems market include - 

• Pfizer
• Johnson & Johnson
• Novartis
• Roche
• Merck & Co.
• Sanofi
• GlaxoSmithKline
• AbbVie
• AstraZeneca
• Bayer
• Bristol-Myers Squibb
• Celgene
• Amgen
• Biogen
• Gilead Sciences
• Illumina
• Regeneron Pharmaceuticals
• Vertex Pharmaceuticals
• Moderna
• CRISPR Therapeutics
• Among Others.

 Key Insights from Primary Research:

• According to the analysis shared by our research analyst, the Drug & Gene Delivery Systems market is likely to expand at a CAGR of around 7.33% during the forecast period (2023-2030).        
• In terms of revenue, the Drug & Gene Delivery Systems market size was valued at around US$ 483.9 billion in 2022 and is projected to reach US$ 815.6 billion by 2030.
• The global drug and gene delivery systems market is primarily driven by the increasing prevalence of chronic diseases worldwide.
• Based on delivery system, the drug delivery system segment held the largest market share in 2022.
• Based on route of administration, the oral segment held the largest market share in 2022.
• Based on region, the North American region held the dominating market share in 2022.

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Key questions answered in this report:

• What is the market size and growth rate forecast for Drug & Gene Delivery Systems industry?
• What are the main driving factors propelling the Drug & Gene Delivery Systems Market forward?
• What are the leading companies in the Drug & Gene Delivery Systems Industry?
• What segments does the Drug & Gene Delivery Systems Market cover?
• How can I receive a free copy of the Drug & Gene Delivery Systems Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Delivery System, By Route of Administration, By Application, and By Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis:

The North American region held the largest drug and gene delivery systems market share in 2022 and is further predicted to grow at a notable CAGR during the forecast period. The global drug and gene delivery systems market has been growing steadily, with North America being a significant contributor to this growth. The market is driven by factors such as the increasing prevalence of chronic diseases, the aging population, and a growing demand for personalized and targeted therapies. The pharmaceutical and biotechnology industries in North America are among the largest in the world, and this has resulted in significant investment in research and development of new drug and gene delivery technologies. Furthermore, the region has a well-established regulatory framework, which has helped to streamline the development and approval process for new drugs and gene therapies.

In addition, the oral segment of the market has been experiencing strong growth in North America, with the development of new oral delivery technologies and the growing demand for patient-centric healthcare. With ongoing advancements in drug and gene delivery technologies and a continued focus on improving patient outcomes, the global drug and gene delivery systems market is expected to continue its growth trajectory in North America and across the globe.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Recent Developments

• In September 2021, Pfizer and BioNTech announced positive results from a Phase 2/3 trial of their COVID-19 vaccine in children aged 5 to 11 years. The vaccine was found to be safe and effective, with a lower dosage than that given to adults. The companies plan to submit the data to regulatory authorities for emergency use authorization.
• In June 2021, Roche announced that it had received FDA approval for its intravitreal implant, which is used to treat neovascular (wet) age-related macular degeneration. The implant delivers a sustained release of the drug ranibizumab, reducing the need for frequent injections.

To know an additional revised 2023 list of market players, request a brochure of the report: https://www.zionmarketresearch.com/requestbrochure/drug-gene-delivery-systems-market

FREQUENTLY ASKED QUESTIONS:

• What is drug & gene delivery systems?
• At what CAGR, the global drug & gene delivery systems market will expand during forecast years?
• What will be the market value of the global drug & gene delivery systems market by the end of 2030?
• What are the factors driving the global drug & gene delivery systems market growth?
• Which region will contribute notably towards the drug & gene delivery systems market value?
• Who are the leading players in the global drug & gene delivery systems market?

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