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What fueled the previous growth in the pharmaceutical drug delivery market?

The market size for pharmaceutical drug delivery has been undergoing strong growth over recent years. It’s projected to rise from $1794.75 billion in 2024 to $1901.48 billion in 2025, experiencing a compound annual growth rate (CAGR) of 5.9%. The expansion during the historic period is linked to the rising prevalence of chronic illnesses, escalating demand for biologics, elevated R&D investments from pharmaceutical firms, the surging demand for personalized medicine, and an increased attention on patient compliance.

What will be the pharmaceutical drug delivery market size in the future?

The market size of pharmaceutical drug delivery is projected to experience significant growth in the coming years. The market is predicted to rise to a value of $2497.33 billion by 2029, with a compound annual growth rate (CAGR) of 7.1%. The projected growth during this period is due to factors such as rising demand for self-administered drugs, an increase in the use of home healthcare, heightened demand for targeted drug delivery, a growing elderly population, and regulatory backing for drug delivery technologies. Key trends expected to shape the forecast period include progress in drug delivery technologies, the incorporation of telemedicine, the use of 3D printing in drug delivery, targeted drug delivery systems, and ongoing manufacturing processes.

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What main drivers are fueling expansion in the pharmaceutical drug delivery market?

The escalating rates of chronic illnesses are anticipated to drive the expansion of the pharmaceutical drug delivery market. Chronic illnesses’ prevalence pertains to the total count of chronic disease cases in a population at a particular time. Pharmaceutical drug delivery benefits patients dealing with chronic ailments by administering a pharmaceutical drug to a certain body part to alleviate various diseases. For example, according to the World Health Organization, a specialized agency of the United Nations based in Switzerland, noncommunicable diseases cause 41 million deaths annually, corresponding to 71% of all global deaths, with cardiovascular illnesses accounting for most fatalities. Consequently, the escalating incidence of chronic diseases is fuelling the growth of the pharmaceutical drug delivery market.

What key areas define the segmentation of the global pharmaceutical drug delivery market?

The pharmaceutical drug delivery market covered in this report is segmented –

1) By Route Of Administration: Oral, Ocular, Pulmonary, Nasal, Injectable, Topical, Other Routes

2) By Application: Infectious Diseases, Cancer, Cardiovascular Diseases, Diabetes, Respiratory Diseases, Central Nervous System Disorders, Autoimmune Diseases, Other Applications

3) By End-User: Hospitals, Home Care Settings, ASC Or Clinics, Other End Users

Subsegments:

1) By Oral: Tablets, Capsules, Liquids, Powders

2) By Ocular: Eye Drops, Ocular Inserts, Ocular Implants

3) By Pulmonary: Metered-Dose Inhalers (MDIs), Dry Powder Inhalers (DPIs), Nebulizers

4) By Nasal: Nasal Sprays, Nasal Gels, Nasal Powders

5) By Injectable: Intravenous (IV) Injections, Intramuscular (IM) Injections, Subcutaneous (SC) Injections, Biologics And Biosimilars

6) By Topical: Creams, Ointments, Gels, Transdermal Patches

7) By Other Routes: Sublingual, Buccal, Rectal, Intranasal

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Who are the dominant players expanding their reach in the pharmaceutical drug delivery market?

Major companies operating in the pharmaceutical drug delivery market include 3M Company., AbbVie Inc., Amgen Inc., AstraZeneca plc, Bayer AG, Becton Dickinson And Company, C. H. Boehringer Sohn AG & Co. KG, Boston Scientific Corporation, Bristol-Myers Squibb Company, Consort Medical plc, Eli Lilly and Company, Emergent Biosolutions Inc., F. Hoffmann-La Roche AG, GlaxoSmithKline plc, Johnson & Johnson, Kite Pharma Inc., Merck & Co Inc., Nemera France SAS, Novartis AG, Pfizer Inc, Sanofi S. A., SHL Medical AG, Teva Pharmaceuticals Industries Ltd., West Pharmaceutical Services Inc., Aerogen Pharma Limited, AptarGroup Inc., Biocon Ltd., Catalent Inc., Evonik Industries AG, Inovio Pharmaceuticals Inc., Mylan NV, Sensile Medical Inc., Ypsomed Holding AG

How are evolving market trends shaping pharmaceutical drug delivery Strategies?

Leading corporations in the pharmaceutical drug delivery sector are employing a strategic alliance strategy targeted at discovering new transport goals and shuttle molecules in order to enhance medication delivery to the brain. Strategic alliances denote a process where businesses utilize the strengths and resources of one another for mutual gains and success. As an example, in September 2023, Cordance Medical, a medical equipment manufacturing firm from the US, established a strategic affiliation with EXACT Therapeutics aimed at easing drug delivery to the brain. The collaborative effort merges Cordance Medical’s NeuroAccess platform that can permeate the blood-brain barrier (BBB) without surgical intervention, with EXACT Therapeutics’ Acoustic Cluster Therapy (ACT) technology. The aim of this collaboration is to boost therapies for brain illnesses like tumors and neurodegenerative disorders by facilitating easier access of medicines to the brain. EXACT Therapeutics is a clinical-stage biopharmaceutical firm based in the UK.

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Which regions are emerging as leaders in the pharmaceutical drug delivery market?

North America was the largest region in the pharmaceutical drug delivery market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical drug delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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