Market Definition: Oral Drug Delivery Market
Oral drug delivery devices market system can be categorized into targeted release formulations, sustained release formulations and immediate release formulations. The immediate release formulations are typically superior to attain rapid onset of action for some drugs like analgesics, antipyretics and vasodilators. Serum concentration is maintained in therapeutic range for longer duration. Drug release rate can be predicted and controlled for distinct time period. Drugs with shorter half-life can be consecutively designed to enhance their duration of action along with the lesser frequency of drug administration and hence better level of patient compliance with minimum wastage of drug.
The global oral drug delivery market is expected to grow significantly during the forecast period of 2019 to 2026. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2019 to 2026.
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Top Market Competitors are as follows:
Few of the major competitors are AbbVie, Inc., Amgen, Inc., Catalent Inc, Kemwell Bipharma., Pfizer, Inc., Novartis AG, Biocon, Sanofi, Novo Nordisk A/S. Johnson & Johnson Services, Inc., Roche Ltd., Bayer AG, Antares Pharma, Inc., Becton, Dickinson and Company, Glaxosmithkline PLC, 3M, Merck & Co., Inc., Bend Research, Endocyte, Microchips Inc, Pearl Therapeutics Inc, Presage Bioscience, UCB Group, Genentech Inc, Polymer Factory, Alkermes Inc, BIND Biosciences Incand QLT Inc. and Sanofiothers among others.
Market Drivers & Restraints are as follows:
- Rising prevalence of chronic diseases
- Growth in the biologics market
- Technological advancement and new product launches
- Risk of needle stick injuries and side effects of drugs
- Product recalls
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Reasons to Purchase this Report:
- Current and future of global oral drug delivery market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Segmentation for Oral Drug Delivery devices Market:
The global oral drug delivery devices market is segmented based on product type, end user, application, distribution channel and geographical segments.
Based on product type, the market is segmented into controlled release and orodispersible tablets (ODT).
On the basis of end users, the market is segmented into hospitals, ambulatory surgical centers, home care settings, diagnostic centers and other.
Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.
Key Points & Company Analysis:
The global oral drug delivery devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of oral drug delivery market for global, Europe, North America, Asia Pacific and South America.
Research Methodology: Oral Drug Delivery Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an analyst call or can drop down your inquiry.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others