Brooklyn, New York, USA, 2021-May-21 — /Meridian Market Consultants/ — An overview of conceptual frameworks, analytical approaches of the pharma drug delivery market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The pharma drug delivery market is expected to grow at a significant rate in the near future.

The global pharma drug delivery market is estimated to reach at a value of US$ 1,422.8 Bn by the end of 2020 and expected to reach at a value of US$ 2,418.4 Bn by 2028 with a significant CAGR of 6.9%




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Pharma Drug Delivery Market Dynamics

The pharma drug delivery market is projected to majorly boost over the forecast period owing to the expeditiously surging prevalence of chronic and infectious ailments among the masses worldwide. As per the recent study released by the American Society for Microbiology, in 2019, between the range of 1.5 to 4.5 million infections are caused due to Carbapenem-resistant Enterobacteriaceae each year.

This huge statistics results in around 49000 people hospitalized in the United States every year, and severe diseases like diarrhea and pneumonia took millions of lives, specifically children of age 5 and more, globally. Such massive growth of prevalence of infectious diseases among the population is eventually propelling the growth of the global pharma drug delivery market.

With the same token, the rising prevalence of chronic ailments among the population including diabetes and various types of cancer is also supporting the growth of the global pharma drug delivery market.

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Pharma Drug Delivery Market Segmentation

The global pharma drug delivery market is segmented on the basis of route of administration, application, facility of use and region.




By Route of Administration

Oral Drug Delivery

Pulmonary Drug Delivery

Injectable Drug Delivery

Ocular Drug Delivery

Nasal Drug Delivery

Topical Drug Delivery

Implantable Drug Delivery

Transmucosal Drug Delivery

By Application

Infectious Diseases

Cancer

Cardiovascular Diseases

Diabetes

Respiratory Diseases

Central Nervous System Disorders

Autoimmune Diseases

By Facility of Use

Hospitals

Home Care Settings

ASC/Clinics

Diagnostic Centers

By Region

North America

Latin America

Asia Pacific

Europe

Middle East

Africa




Pharma Drug Delivery Market Key Players

The global pharma drug delivery market is dominated by Johnson & Johnson, Inc., F. Hoffman-La Roche, Merck & Co., Inc., Bayer AG, Pfizer, Inc., Novartis AG, 3M Company, Becton, Dickinson and Company, GlaxoSmithKline plc,, Sanofi, and Antares Pharma, Inc., among others.

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