North America Novel Drug Delivery Systems Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Novel Drug Delivery Systems Market Analysis
The major factors for the growth of the market include the growing need of controlled release of drugs, and technological advancements promoting the development of NDDS. Most of the drugs have an optimum concentration range and requirement of controlled release of drugs in the body. Concentrations above or below the prescribed range can be toxic or can produce no therapeutic benefits. Transdermal patches, nasal systems, microcapsules, etc., are some of the common systems that are considered under the controlled release systems. Hence, the requirement of the controlled release of drugs drives the novel drug delivery systems market. The stability of a delivery system is one of the most important factors that affect the drug delivery systems market. The restraining factors include stringent regulatory guidelines and product recalls.
North America Novel Drug Delivery Systems Market Trends
This section covers the major market trends shaping the North America Novel Drug Delivery Systems (NDDS) Market according to our research experts:
Oral Drug Delivery Systems is Expected to Grow Fastest during the Forecast Period
Oral drug delivery has found to be the most preferred and convenient route of drug administration, due to high patient compliance, cost-effectiveness, least sterility constraints, flexibility in the design of dosage form, and ease of production. In oral administration, drugs should be protected under unstable biological environments, including drug degradation induced by the GI tract and first-pass liver effects after oral administration before reaching the targeted sites. The oral drug delivery is majorly driven by the increasing incidence of chronic diseases, reformulation and repositioning of drugs using advanced oral delivery systems, and huge investments made by big pharmaceutical companies on in-house capabilities for the development of oral drug delivery technologies. According to Globocan, 2018 there were a total of 2,129,118 incident cancers in the United States for the year 2018.
North America Novel Drug Delivery Systems Industry Overview
The market players are focusing on the development of innovative treatment options in order to grab maximum market share. Some of the market players are Abbott Laboratories, AstraZeneca PLC, Bayer AG, F. Hoffmann-La Roche AG, GlaxoSmithKline PLC, Johnson & Johnson, Merck & Co., Inc., Novartis AG, Pfizer Inc., and Sanofi SA
North America Novel Drug Delivery Systems Market Leaders
-
Abbott Laboratories
-
Roche Holding AG
-
Merck & Co.
-
GlaxoSmithKline PLC
-
Bayer AG
*Disclaimer: Major Players sorted in no particular order
_Market.webp)
North America Novel Drug Delivery Systems Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.2.1 Rising Need of Controlled Release of Drugs
-
4.2.2 Technological Advancements Promoting Development of NDDS
-
-
4.3 Market Restraints
-
4.3.1 Stringent Regulatory Guidelines and Product Recalls
-
4.3.2 Stability Issues of the Devices
-
-
4.4 Porter's Five Force Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Buyers/Consumers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products
-
4.4.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Route of Administration
-
5.1.1 Oral Drug Delivery Systems
-
5.1.2 Injectable Drug Delivery Systems
-
5.1.3 Pulmonary Drug Delivery Systems
-
5.1.4 Transdermal Drug Delivery Systems
-
5.1.5 Others
-
-
5.2 By Mode of NDDS
-
5.2.1 Targeted Drug Delivery Systems
-
5.2.2 Controlled Drug Delivery Systems
-
5.2.3 Modulated Drug Delivery Systems
-
-
5.3 Geography
-
5.3.1 North America
-
5.3.1.1 United States
-
5.3.1.2 Canada
-
5.3.1.3 Mexico
-
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
-
6.1.1 Abbott Laboratories
-
6.1.2 AstraZeneca PLC
-
6.1.3 Bayer Healthcare Pharmaceuticals
-
6.1.4 GlaxoSmithKline PLC
-
6.1.5 Johnson & Johnson
-
6.1.6 Novartis AG
-
6.1.7 Merck & Co.
-
6.1.8 Sanofi SA
-
6.1.9 Roche Holding AG
-
6.1.10 Pfizer Inc.
-
- *List Not Exhaustive
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
North America Novel Drug Delivery Systems Industry Segmentation
As per the scope of this report, the novel drug delivery system (NDDS) is intended to increase the efficacy of drugs. NDDSs are adopted to increase the bioavailability of the drug, to reduce adverse effects and side effects, and increase drug stability. The market is segmented by route of administration, mode of NDDS, and geography.
| By Route of Administration | |
| Oral Drug Delivery Systems | |
| Injectable Drug Delivery Systems | |
| Pulmonary Drug Delivery Systems | |
| Transdermal Drug Delivery Systems | |
| Others |
| By Mode of NDDS | |
| Targeted Drug Delivery Systems | |
| Controlled Drug Delivery Systems | |
| Modulated Drug Delivery Systems |
| Geography | |||||
|
North America Novel Drug Delivery Systems Market Research FAQs
What is the current North America Novel Drug Delivery Systems (NDDS) Market size?
The North America Novel Drug Delivery Systems (NDDS) Market is projected to register a CAGR of 5.80% during the forecast period (2024-2029)
Who are the key players in North America Novel Drug Delivery Systems (NDDS) Market?
Abbott Laboratories, Roche Holding AG, Merck & Co., GlaxoSmithKline PLC and Bayer AG are the major companies operating in the North America Novel Drug Delivery Systems (NDDS) Market.
What years does this North America Novel Drug Delivery Systems (NDDS) Market cover?
The report covers the North America Novel Drug Delivery Systems (NDDS) Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Novel Drug Delivery Systems (NDDS) Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Novel Drug Delivery System Industry Report
Statistics for the 2024 North America Novel Drug Delivery System market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. North America Novel Drug Delivery System analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
