Jersey City, New Jersey, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Injectable Drug Delivery Devices Market” By Type (Devices and Formulations), By Application (Home Care, Hospitals, Ambulatory Care), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Injectable Drug Delivery Devices Market size was valued at USD 617.76 Billion in 2021 and is projected to reach USD 1682.68 Billion by 2030, growing at a CAGR of 10.23% from 2023 to 2030.
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Browse in-depth TOC on “Injectable Drug Delivery Devices Market”
202 - Pages
126 – Tables
37 – Figures
Global Injectable Drug Delivery Devices Market Overview
Injectable drug delivery systems deliver the drug inside the body using injections. There are various ways to administer the drugs such as the oral route, transdermal route, carrier-based route, and injectable route. The injectable route has a major advantage over other routes as it has the fastest drug absorption and easily delivers the drug into systemic circulation. Because of this, the injectable route delivers the drug rapidly to the target organ and provides the maximum effect. It is prominently applied in areas such as curative care and immunization.
Factors such as the increasing prevalence of chronic diseases and the increasing geriatric population have increased the demand for injectable drug delivery systems. During the forecast period, these factors are expected to drive market growth. Along with the increased demand for injectable drug delivery systems, healthcare spending in developing and emerging countries is also expected to significantly boost the market. Better healthcare reimbursement and the growing patient number have been estimated to boost the demand for injectable drug delivery systems further.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Injectable Drug Delivery Devices Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Key Players
The “Global Injectable Drug Delivery Devices Market” study report will provide valuable insight emphasizing the global market. The major players in the market are Dickinson and Company, Baxter International, Schott, Eli Lilly, Pfizer, Gerresheimer, Terumo Corporation, Antares Pharma, Novo Nordik, Sanofi, Unilife Corporation, Zogenix, Hospira, Presage Bioscience, MicroCHIPS, Pearl Therapeutics, Genentech, Bend Research.
Based on the research, Verified Market Research® has segmented the global Injectable Drug Delivery Devices Market into Type, End-User, and Geography.
- Injectable Drug Delivery Devices Market, by Type
- Devices
- Formulations
- Injectable Drug Delivery Devices Market, by End User
- Home Care
- Hospitals
- Ambulatory Care
- Others
- Injectable Drug Delivery Devices Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
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