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(MoneyNewsWire.Net, January 29, 2018 ) Latin America market for Drug Delivery Technology is expected to reach USD 207.24 Billion by 2021 from USD 141.50 Billion in 2016 at a CAGR 7.93 % during forecast period. Drugs can be injected directly into the body through infusions, etc.
Browse Market data tables and in-depth TOC of the Latin America Drug Delivery devices Market to 2021 @ https://www.marketdataforecast.com/market-reports/latin--america-drug-delivery-devices-market-2350/
The drivers for Drug delivery market are Increase in prevalence of chronic diseases, increase in the advancement of technology, rise in individual therapy, Increase in the awareness about drug metabolism among people and need for the control on drug release. Few restraints which account for the fall of the market are fear among individuals regarding injuries and infections during utilization, rise in the cost of development and strict regulatory framework.
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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 Ambulatory Surgical Centers, Hospitals, Diagnostic Centers, Home Care settings, Other Facilities of Use.
Some of the key players in the market are BIND Biosciences Inc, Polymer Factory, Presage Bioscience, Endocyte, Bend Research, Microchips Inc, Pearl Therapeutics Inc, UCB Group, Genentech Inc, Alkermes Inc, and QLT Inc.
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