North America Drug Delivery Market is poised to grow at 6.4% till 2024

According to Data Bridge Market Research new Market report “North America Drug Delivery Market, By Route of Administration (Oral (Solid, Liquid, Semi-Solid), Injectable, Topical (Formulations, Transdermal Devices), Pulmonary (MDI, DPI, Nebulizers), Nasal, Ocular, Implantable, Transmucosal), By End-User (Hospitals, Clinics, Home Healthcare, Community Centers, Others), By Distribution Channel (Direct Tenders, Hospital Pharmacies, Pharmacy Stores, Online Pharmacies), By Country (U.S., Canada, Mexico) – Trends and Forecast to 2024”, is estimated at USD 501.4 billion in 2016 and is projected to reach USD 814.4 billion by 2024, at a CAGR of 6.4% during the forecast period from 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

North America Drug Delivery MarketReport Access: http://databridgemarketresearch.com/reports/north-america-drug-delivery-market-trends-forecast-2024/

Rising prevalence of chronic diseases such as diabetes, cancer, and heart disease have led to a surge in the development of drug delivery technology market in North America. According to data provided by Triple Solution for a Healthier America, 49% of Americans suffers from one or more chronic diseases. These diseases account for 7 out of 10 deaths in the U.S. Heart disease is one of the leading causes of deaths in the country. More than 4 million people are hospitalized due to the heart failure each year. It accounts for USD 432 billion of healthcare costs annually. In the U.S., chronic diseases result in costs worth USD 7,900 for every individual suffering from a chronic condition.

Market Segmentation: North America Drug Delivery Market

The North America drug delivery market is segmented on the basis of route of administration, end-user, distribution channel and country.    

On the basis of route of administration the market is segmented into oral, injectable, topical, pulmonary, nasal, ocular, implantable and transmucosal. Oral drug is further segmented based on form into solid drug, semi-solid drug and liquid drug. The solid drugs include and are categorized as tablets, capsules, powders and pills. The semi-solid drugs are further segmented into gels, emulsions and elixirs. The liquid drugs are further classified into solutions and syrups.

 Based on end users the North America drug delivery market is segmented into hospitals, over the counter, ambulatory surgery centers/clinics, home care settings, diagnostic centers, and others.

Geographical Segmentation: North America Drug Delivery Market

Based on geography the market is segmented into 3 countries, U.S., Canada and Mexico. The U.S. is expected to dominate the market due to rising prevalence of chronic diseases, large healthcare expenditure, and paradigm shift towards value based reimbursements. U.S. dominates the North America drug delivery market with largest share of 94.6% in 2016. The U.S. is one of the most promising markets for drug delivery. In the country, there have been several approvals and collaborations for the development of new drug delivery technologies. Numerous institutes in the country are collaborating for the development of modern drug delivery technologies such as inhalers and auto-injectors. For instance, Cambridge Consultants is the R&D and marketing partner for various companies. The company has enabled the launch of products such as Novartis’ TOBI podhaler, Sun Pharma's Starhaler, and Chiesi's NEXThaler in many international markets.

Competitive Landscape: North America Drug Delivery Market

The North America drug delivery market is highly fragmented with various companies operating in local regions. 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. Some of the examples for these strategies are In January 2016, Biolase, Inc. entered into a development and distribution agreement with IPG Photonics Corporation’s medical laser division, IPG Medical. The report includes company share data for different countries including North America, U.S. and Canada.

Some of the major players operating in this market are Bayer AG, Johnson & Johnson, Novartis AG, Pfizer, Inc., F. Hoffmann-La Roche AG, GlaxoSmithKline plc. , Merck & Co., Sanofi, Antares Pharma, 3M, Becton Dickinson and Company, Biolase, Inc., Cima Labs, Inc., West Pharmaceuticals, Antares Pharma, Alkermes, Foamis, Ypsomed, Skyepharma AG, Valeant Pharmaceuticals, DSM Biomedical and Catalent, Inc. among others.

Browse Related Reports:

Global Topical Drug Delivery Market, By Product Type (Topical Drug Delivery Formulations (Solid, Liquid, Semi Solid), Transdermal Drug Delivery Devices (Transdermal Patches, Transdermal Gels)), By End-User (Hospitals, Clinics, Home Healthcare, Diagnostic Centers, Others), By Distribution Channel (Direct Tenders, Retail), By Geography (North America, Europe, Asia-Pacific, Latin America, Rest of the World) – Trends and Forecast to 2024

http://databridgemarketresearch.com/reports/global-topical-drug-delivery-market-trends-forecast-2024/ 

Global Drug Delivery Devices Market, By Product Type (Oral (Solid, Liquid,Semi-Solid), Injectable (Devices (Conventional, Self-Injectable), Formulations), Topical (Transdermal Devices (Patches, Gels), Formulations), Pulmonary (MDI, DPI, Nebulizers), Nasal, Ocular, Implantable, Transmucosal), By End-User (Hospitals, Clinics, Home Healthcare, Community Healthcare, Others), By Distribution Channel (Hospital Pharmacy, Pharmacy Stores, Direct Tenders, Online Pharmacy), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa, Rest of the World) – Trends and Forecast to 2022

http://databridgemarketresearch.com/reports/global-drug-delivery-devices-market/

Contact:

Data Bridge Market Research

4th Floor, Mega Center,

Magarpatta City, Pune – 411028

Tel: +1-888-387-2818

Email: Sales@databridgemarketresearch.com

Visit Data Bridge Blog@ http://databridgemarketresearch.com/blog/


Browse Related Reports

Global Pulmonary Drug Delivery Market - Industry Trends and Forecast to 2027

Global Oral Drug Delivery Market – Industry Trends and Forecast to 2027

Global Pulmonary/Respiratory Drug Delivery Market – Industry Trends and Forecast to 2027

Global Nasal Drug Delivery Market – Industry Trends and Forecast to 2027

Global Inflammatory Disease Drug Delivery Market – Industry Trends & Forecast to 2026

Asia-Pacific Drug Delivery Market – Trends and Forecast to 2027

Asia-Pacific Drug Delivery Market – Industry Trends and Forecast to 2027

Middle East and Africa Drug Delivery Market – Industry Trends and Forecast to 2027

Global Liposome Drug Delivery Market - Industry Trends and Forecast to 2027

Global Buccal Drug Delivery Market - Industry Trends and Forecast to 2026

U.S. Rx Dermatology Topical Drug Delivery Market – Industry Trends and Forecast to 2027

Global Drug Delivery Market – Industry Trends and Forecast to 2027

Global Rx Dermatology Topical Drug Delivery Market – Industry Trends and Forecast to 2026

Asia-Pacific Rx Dermatology Topical Drug Delivery Market – Industry Trends and Forecast to 2026

Europe Rx Dermatology Topical Drug Delivery Market – Industry Trends and Forecast to 2026

Middle East - Africa Rx Dermatology Topical Drug Delivery Market – Industry Trends and Forecast to 2026

North America Rx Dermatology Topical Drug Delivery Market – Industry Trends and Forecast to 2026

Global Injectable Drug Delivery Market - Industry Trends and Forecast to 2025

North America Injectable Drug Delivery Market – Industry Trends and Forecast to 2027

Europe Injectable Drug Delivery Market – Industry Trends and Forecast to 2027

Asia-Pacific Injectable Drug Delivery Market – Industry Trends and Forecast to 2027

Europe Drug Delivery Market – Industry Trends and Forecast to 2027

Global Topical Drug Delivery Market – Industry Trends - Forecast to 2026

North America Drug Delivery Market – Industry Trends and Forecast to 2027

Europe Topical Drug Delivery Market – Industry Trends and Forecast to 2027

North America Topical Drug Delivery Market – Industry Trends and Forecast to 2027

Global Needle-Free Drug Delivery Market – Industry Trends - Forecast to 2026

Global Implantable Drug Delivery Market – Industry Trends and Forecast to 2027



Browse Related BLOGS

Global Injectable drug delivery market is poised to reach USD 797.2 billion by 2022

Global Topical Drug Delivery Market is Expected to Reach an Estimated Value of USD 240.76 billion by 2026

Europe Drug Delivery Market is poised to grow at 7.3% from 2017 to 2024

Topical Drug Delivery Market to Grow at a CAGR of 9% in the Forecast Period of 2019 to 2026

Injectable Drug Delivery Market Rising at 12.4% CAGR Due to Surging Prevalence of Chronic Diseases

North America Injectable Drug Delivery Market is Poised to Grow at 11.0% to 2024

Asia-Pacific (APAC) Injectable Drug Delivery Market is Poised to Grow at 12.4% To 2024

Europe Injectable Drug Delivery Market Poised to Grow At 11.9% till 2024

Global Injectable Drug Delivery Market is Expected to Grow by CAGR 11.5% In The Forecast Period 2017 To 2024

North America Drug Delivery Market is Growing at a Significant Rate in the Forecast Period 2017-2024

North America Injectable Drug Delivery Market is Growing at a Significant Rate in the Forecast Period 2017-2024

Global Injectable Drug Delivery Market is Growing at a Significant Rate in the Forecast Period 2018-2025

Global Injectable Drug Delivery Market is Growing at a Significant Rate in the Forecast Period 2018-2025

Nasal Drug Delivery Market to Witness High Demand Due to Rising Respiratory Problems

Increasing Prevalence of Skin Disease or Condition, Rising Aging Population, Growth in Topical Drug Delivery, Increasing Research and Development of New Dermatological Drugs are Expected to Drive the Global Rx Dermatology Topical Drug Delivery Market in the forecast period of 2019-2026

Oral Drug Delivery Market 2019: Size, Share, Scope, Growth Opportunities Analysis By AbbVie, Inc., Amgen, Inc., Catalent Inc, Kemwell Bipharma., Pfizer, Inc., Novartis AG, Biocon, Sanofi, Novo Nordisk A/S. Johnson & Johnson Services, Inc. And Others

U.S. Rx Dermatology Topical Drug Delivery Market is Expected to grow at 4.9% in the Forecast Period of 2020 to 2027

Global Drug Delivery Market is Expected to grow at 8.0% in the Forecast Period of 2020 to 2027

Global Implantable Drug Delivery Market is Rising Exponentially at a CAGR of 8.0% in the Forecast Period

Global Pulmonary/Respiratory Drug Delivery Market is Rising Exponentially at a CAGR of 7.80%

Global Pulmonary Drug Delivery Market is Rising at a CAGR of 7.0% During the Anticipated Period of 2017 to 2024