Report ID: SQMIG35C2017
Report ID:
SQMIG35C2017 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
67 |
Figures:
75
Drug Delivery Market size was valued at USD 20.02 Billion in 2023 and is poised to grow from USD 21.7 Billion in 2024 to USD 41.38 Billion by 2032, growing at a CAGR of 8.4% during the forecast period (2025-2032).
The global drug delivery market encompasses a wide range of technologies and approaches that enable the effective and targeted delivery of pharmaceutical drugs to the desired site of action within the patient's body. Some diseases require long-term medication and often necessitate precise drug delivery to specific tissues or organs. Drug delivery systems, such as implantable devices, injectables, and inhalers, play a vital role in ensuring accurate dosing and improving patient compliance. Patients and healthcare providers are increasingly seeking non-invasive or minimally invasive methods to administer drugs, avoiding the need for traditional injections or surgeries. This has led to the development of innovative delivery systems such as transdermal patches, oral drug delivery systems, and nasal sprays. The advancements in technology and the growing focus on personalised medicine are also driving the expansion of the global drug delivery market. Furthermore, the integration of digital health technologies and smart drug delivery systems has opened up new opportunities for real-time monitoring, dose adjustments, and personalised treatment regimens.
US Drug Delivery Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG35C2017