(MoneyNewsWire.Net, January 05, 2018 ) The North America market for Drug Delivery Technology is expected to reach USD 599.94 billion by 2021 from USD 448.10 billion in 2016 at a CGAR 6.01% during forecast period.
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The U.S. is predicted to keep on dominating the market amid the estimate time frame. The substantial share of the U.S. in the North American market can fundamentally be credited to variables, for example, the rising pervasiveness of chronic infections; fast development in the geriatric population; development in the biologics ; and expanding number of administrative endorsements, new item dispatches, and mechanical progressions.
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Drug delivery market can be segmented on the basis of Route of administration and facility of use. On the basis of route of administration, Market can be segmented into Oral Drug Delivery, Pulmonary Drug Delivery, Inject able Drug Delivery, Ocular Drug Delivery, Nasal Drug Delivery, Topical Drug Delivery, Implantable Drug Delivery, and Tran mucosal Drug Delivery. Oral Drug delivery is sub segmented into Solid Oral Drugs, Liquid Oral Drugs, and Semi-solid Oral Drugs. Pulmonary Drug delivery is sub segmented into Formulations and Devices. Inject able Drug delivery can be segmented into devices and formulations. Self-Injection devices are further segmented into Needle-Free Injectors, Auto injectors, Pen injectors, Wearable Injectors. Ocular delivery devices are segmented into Formulation and ocular devices. Nasal Drug delivery is segmented into Nasal Drops, Nasal Sprays, Nasal Powders and Nasal Gels. Tropical Drug Delivery is segmented by formulations and devices. Implantable Drug delivery is segmented by Active and passive. Tran mucosal Drug Delivery is segmented into oral Tran mucosal Drug Delivery and other Tran mucosal Drug Delivery. On the basis of Administration Market can be segmented as Hospitals, Ambulatory Surgical Centers, Home Care settings, Diagnostic Centers, Other Facilities of Use.
Some of the key players in the market are, Bend Research, Endocyte, Microchips Inc, Pearl Therapeutics Inc, Presage Bioscience, UCB Group, Genentech Inc, Polymer Factory, Alkermes Inc, BIND Biosciences Inc, and QLT Inc.
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