Drug Delivery Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Global Drug Delivery DevicesMarket: By Product Type (Infusion Pumps, Metered Dose Inhalers, Nebulizers, Syringes, Ocular Inserts, Nasal Sprays, Implantable Drug Delivery Devices, Transdermal Patches, Trans-Mucosal Drug Delivery Devices, Others), By Route of Administration (Oral, Parenteral, Transdermal, Trans-Mucosal, Inhalation, Ocular, Others), By Formulation (Solid, Liquid, Semi-Solid), By Application (Diabetes, Oncology, Autoimmune Disorders, Neurological Disorders, Gastrointestinal Disorders, Respiratory Disorders, Others), By Distribution Channel(Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Others),and Geography –Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis2012-2016 and Forecast 2017-2023

Market Outline: Drug Delivery Devices Market

Drug delivery devices are used to deliver the drugs or chemical substances into the body for therapeutic effects by using different formulations, technologies, and approaches. These devices can be used for diagnosis, treatment, cure, or prevent various diseases such as diabetes, autoimmune disorders, bacterial and viral infections, and allergies among others. Various medicinal formulations such as antibiotics and insulin are most commonly administered by using these devices to increase the efficiency of drug by controlling dosage, time, and release the drug at specific site in the body.

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Market Dynamics: Drug Delivery Devices Market

Drivers

• Increase in the prevalence of chronic diseases such as diabetes, cancer, and autoimmune disorders
• Technological advancements in the drug delivery devices such as insulin pens and metered dose inhalers
• Development of healthcare infrastructure and rise in demand for customized and individual therapy

Restraints

• Stringent regulation for the approval of drug delivery devices
• Lack of skilled professionals for the using of advanced drug delivery devices
• Product recalls and Complications in the use of drug delivery devices such as dosage errors

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Market Scope: Drug Delivery Devices Market

Global drug delivery devices market segmented on the basis of product type, rout of administration, formulation, application, distribution channel and region

Based on the product type, drug delivery devices market segmented into the following:

• Infusion Pumps
• Metered Dose Inhalers
• Nebulizers
• Syringes
• Ocular Inserts
• Nasal Sprays
• Implantable Drug Delivery Devices
• Transdermal Patches
• Trans-Mucosal Drug Delivery Devices
• Others

Based on the route of administration, drug delivery devices market segmented into the following:

• Oral
• Parenteral
• Transdermal
• Trans-Mucosal
• Inhalation
• Ocular
• Others

Based on the formulation, drug delivery devices market segmented into the following:

• Solid
• Liquid
• Semi-solid

Based on the application, drug delivery devices market segmented into the following:

• Diabetes
• Oncology
• Autoimmune Disorders
• Neurological Disorders
• Gastrointestinal Disorders
• Respiratory Disorders
• Others

Based on the distribution channels, drug delivery devices market segmented into the following:

• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
• Others

Based on the region, drug delivery devices market segmented into the following:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Competition Assessment: Drug Delivery Devices Market

Some of the players in the global drug delivery devices market include:

• Becton Dickinson and Company (U.S.)
• Hoffmann La Roche Ltd. (Switzerland)
• Smiths medical, Inc. (U.S.)
• Braun Melsungen AG (Germany)
• Pfizer, Inc. (U.S.)
• Merck & Co., Inc. (U.S.)
• Sanofi S.A. (France)
• Abbott Laboratories (U.S.)
• Novartis AG (Switzerland)
• Eli Lilly and company (U.S.)

Key Features of the Report:

• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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