Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 391.20 Million |
| USD 708.15 Million | |
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Europe Drug Delivery Market, By Product Type (Oral Drug Delivery, Pulmonary Drug Delivery, Injectable Drug Delivery, Opthalmic Drug Delivery, Nasal Drug Delivery, Topical Drug Delivery, Implantable Drug Delivery, Transmucosal Drug Delivery), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy) – Industry Trends and Forecast to 2030.
The rise in chronic and infectious diseases is one of the major drivers of the European drug delivery market. Infectious diseases have observed a sudden outbreak and are developing at a rate never seen before in the last 5-6 decades. The growth of drug delivery market has increased with growing acceptance of self-administering drugs and awareness about diagnosis and treatment in developed and developing countries. Additionally, the increasing incidence of cardiovascular diseases has become a cause of major public health concern.
Data Bridge Market Research analyses a growth rate in the drug delivery market in the forecast period 2023-2030. The expected CAGR of drug delivery market is tend to be around 7.7% in the mentioned forecast period. The market is valued at USD 391.2 million in 2022, and it would grow upto USD 708.15 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Oral Drug Delivery, Pulmonary Drug Delivery, Injectable Drug Delivery, Opthalmic Drug Delivery, Nasal Drug Delivery, Topical Drug Delivery, Implantable Drug Delivery, Transmucosal Drug Delivery), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
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Market Players Covered
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Nemera (France), F. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), Pfizer Inc. (U.S.), GSK plc (U.K.), Novartis AG (Switzerland), AstraZeneca (U.K.), Johnson & Johnson Private Limited (U.S.), Merck & Co., Inc. (U.S.), 3M (U.S.), Bayer AG (Germany), Takeda Pharmaceutical Company Limited (Japan)
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Market Opportunities
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Market Definition
Drug delivery is the process of introducing a therapeutic effect in the body of human by administering a drug at a specific targeted site. The safety and efficacy of drug can be improved by controlling the rate, time and release of drug in the body. There can be several ways of delivering drugs such as oral, pulmonary, nasal, injectable, and others. The drug delivery systems are advanced by studying and developing the properties of nanoparticles, which have made the drug delivery process more efficient and time-saving.
Drivers
Various product developments are started by numerous companies worlwide which are also increasing the growth of market. For instance, Janssen Pharmaceutical Companies of Johnson & Johnson Services, Inc. in February 2020 told about submitting a supplemental Biologics License Application (sBLA) to the U.S. FDA of DARZALEX combined with Kyprolis and dexamethasone which is used for the treatment of relapsed or refractory multiple myeloma. This as a result, increases the demand for the market.
The growing occurrence of cardiovascular diseases (CVDs) has become a major public health concern. CVDs are primarily responsible for approximately 46% of the total mortality rate in the country. Injectable drug delivery technology has developed as a source of relief for the elderly and CVD patients since they help provide a better quality of life. This factor is boosting the growth of the KSA injectable drug delivery market during the forecast period 2023-2029. Thus, this factor increases the market growth.
Opportunities
One of the developing trends in the topical drug delivery market is the delivery of biologics through the transdermal route. The wide use of transdermal delivery of big molecules provides significant patient benefits such as painless medication delivery and cost-effective treatment. This factor is expected to increase the growth of the market. Additionally, the preference towards administration of drugs through the skin to control or extend drug delivery and the use of this process as a substitute to the oral route are also projected to boost market growth.
According to Cancer Research UK 2018, the population suffering from cancer is projected to surge in the future. As per the report, if the current trends in the occurrence of major cancers and population growth are persistent, it is expected there will be 27.5 million new cancer cases worldwide every year by 2040, more than 17 million in 2018. Furthermore, in European regions such as the UK there is also an increase in incident cases of cancer, as per Cancer Research UK's 2019 report. Thus, this factor increases the market growth.
Restraints/Challenges
The high expenditure related with drug delivery and the huge cost required to conduct the assays hinder the market growth. The increased cost associated with the manufacturing, supply and drug delivery is often not possible for the developing and underdeveloped countries, cause the under treatment of numerous patients. This impedes the market growth.
This drug delivery market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the drug delivery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
The drug delivery market is segmented on the basis of product type, end user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
End User
Distribution Channel
The drug delivery market is analyzed and market size insights and trends are provided by product type, end user, and distribution channel as referenced above.
The major countries covered in the drug delivery market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
Europe leads the market because of the increase in the adoption rate of numerous new technological advancements in the drug delivery. Also, the surge in elderly population and the rise in disposable income of the people within the region increases the market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The drug delivery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to drug delivery market
Key players operating in the drug delivery market include:
SKU-
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.