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Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020

Persistence Market Research

Drug Delivery Devices Market: Global


Industry Analysis and Forecast, 2014 - 2020

Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020
Persistence Market Research Released New Market Report on Drug Delivery Devices
Market: Global Industry Analysis and Forecast, 2014 - 2020.
Drug delivery refers to formulations, approaches, and technologies used to deliver drugs or
chemical substances in the body. This can be for diagnosis, treatment, cure, or prevention of
various diseases such as diabetes, viral and bacterial diseases, gastrointestinal illnesses, and
allergies. Silicone, ethylene vinyl acetate, polyurethane, acrylate hydrogels, and other
biodegradable substances are the materials commonly used to manufacture drug delivery
systems.
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Drugs can be administered directly into the body through injections, infusion, or through other
drug delivery devices. Drug delivery devices are the devices or formulations used to inject
therapeutic substances in the body through a specific route of administration, which depends on
the type of disease, desired effect, and available products. Various drug formulations such as
insulin and antibiotics are administered through drug delivery devices. These devices help in
increasing the efficiency of the drug delivery system by controlling time, dosage, and place of
release of the drugs in the body. Drug delivery devices may be conventional or implantable.
Infusion pumps such as ambulatory infusion pumps, insulin infusion pumps, implantable infusion
pumps, enteral pumps, and volumetric infusion pumps are some of the drug delivery devices
used to administer drugs in medical systems. Infusion catheters such as valves, IV sets,
needles, and cannulas are also used for drug delivery. Transcellular and paracellular routes are
the routes commonly used to administer drugs. Hospitals, long-term care facilities, and home
care providers are the main users of drug delivery devices.
Currently, North America leads the global drug delivery devices market, followed by Europe.
This is due to increasing demand for improved drug delivery systems, rising accessibility and
affordability of drug delivery devices, and increasing number of chronic diseases in the region.
In the next five years, Asia is expected to be the fastest growing market due to rising prevalence
of various chronic diseases and aging population in this region. Moreover, the improving
economic conditions in the region are also expected to support the growth of the drug delivery
devices market in Asia.
Rising geriatric population, technological advancements, and increasing demand for improved
drug delivery systems are the key factors driving the growth of the global drug delivery devices
market. Also, the improving healthcare facilities in various countries such as China, India, and
Brazil are also fuelling the growth of this market. However, strict regulatory requirements for
Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020
approval of drug delivery devices and lack of skilled and trained professionals to administer
drugs are restraining the growth of the global drug delivery devices market. Moreover, problems
related to the use of drug delivery devices such as dosage error are also hampering the growth
of this market.
Innovations such as infusion pens could create opportunities for new players in the global drug
delivery devices market. However, safety, quality and consistent performance could lead
another challenge for the growth of the global drug delivery devices market. Some of the trends
noticed in the global drug delivery devices market include healthcare at home, collaborations
and partnerships among companies in the market, and new product innovations. The major
companies operating in this market are Abbott Laboratories, B. Braun Melsungen AG, Pfizer,
Inc., F. Hoffmann-La Roche Ltd., Baxter International Inc., Smith Medical, CareFusion
Corporation, and 3M Company.
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Key points covered in the report
1) Report segments the market on the basis of types, application, products, technology, etc (as
applicable)
2) The report covers geographic segmentation
North America
Europe
Asia
RoW
3) The report provides the market size and forecast for the different segments and geographies
for the period of 2010 to 2020
4) The report provides company profiles of some of the leading companies operating in the
market

Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020

5) The report also provides porters five forces analysis of the market.-

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Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020

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Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
About Us:

Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020
Persistence Market Research is a global market research firm specializing- syndicated
research, custom research, and consulting services
At Persistence Market Research (PMR), we are in the business of accelerating your business.
As a full-service market research firm, we stand committed to bringing more accuracy and
speed to your business decisions. From ready-to-purchase market research reports to
customized global research solutions, our engagement models are highly flexible without
compromising on our deep-seated research values. Briefly stated, our mission is to give you
access to forecasts and trends analyses that put you on the path to profitability.
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305 Broadway,
7th Floor,
New York City, NY 10007,
United States.
Phone: +1-646-568-7751
USA/Canada Toll Free Number.
1-800-961-0353
E-mail: Sales@persistencemarketresearch.com
Web : http://www.persistencemarketresearch.com/

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