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Last updated on April 19, 2014 at 9:20 EDT

Drug Delivery Technology Market worth $224.2 Billion By 2017

April 22, 2013

DALLAS, April 22, 2013 /PRNewswire/ –

The “Drug Delivery Technology Market (Metered Dose Inhalers, Needle-Free Injectors,
Auto-Injectors, Nasal Sprays, Transdermal Patches, Nebulizers, Infusion Pumps, Drug
Eluting Stents, Sustained Release, Ocular Implants) – Global Forecasts To 2017″, analyzes
and studies the major market drivers, restraints, and opportunities in North America,
Europe, Asia, and Rest of the World.

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– 118 market data tables

– 29 figures

– 316 pages and an in-depth Table of Content on “Drug Delivery Technology Market”

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This report studies the global drug delivery market, with forecast to 2017.

The Drug Delivery Market is divided into Nine Segments, namely:

1. Oral

2. Pulmonary

3. Transdermal

4. Injectable

5. Ocular

6. Nasal

7. Topical

8. Implantable, and

9. Transmucosal Drug Delivery.

Oral Drug Delivery is the largest segment, while pulmonary drug delivery is the
fastest growing segment of the global drug delivery market.

Controlled release, dry powder inhalers, transdermal patches, needle-free injectors,
auto and pen injectors, and buccal transmucosal tablets are some of the commonly adopted
drug delivery technologies. The use of implantable devices for the drug delivery is also
on a rise.

The global drug delivery market was worth $142.5 billion in the year 2012. The market
will grow at a healthy pace in the next five years due to the rising incidence of chronic
diseases such as cardiovascular diseases, diabetes and cancer, growing focus on pediatric
and geriatric patients, growing demand for self administration and home healthcare
devices, and patent expiries of certain blockbuster drugs.

Strategic collaborations, home care drug delivery devices, and expanding applications
of drug delivery into niche therapeutic areas represent vast opportunities for major
shareholders of this market. With the growing number of elderly persons, the demand for
home care drug delivery devices is also on the rise.

Striking right partnership deal and enhancing the bioavailability of drugs are key
burning issues in this market. In spite of a large number of strategic collaborations
taking place every year, pharmaceutical and biotechnology companies are facing problems in
finding a the right drug delivery partner. Considering this need, a number of national and
international conferences are organized by various associations and organizations to
facilitate drug delivery partnerships.

North America is the largest market for drug delivery, followed by Europe and Asia.
North America and Europe has a well-established pharmaceutical industry, which has
stimulated the growth of the drug delivery technology market
[http://www.marketsandmarkets.com/Market-Reports/drug-delivery-technologies-market-1085.html ]
in these regions. The Asian market is expected to witness a double digit growth over
the next five years, owing to the flourishing pharmaceutical industry, development of
healthcare infrastructure, and rising disposable income.

Key players in the drug delivery technologies market are 3M Company (U.S.), Alkermes
(Ireland), Aptalis Pharma, Inc. (U.S.), Baxter International, Inc. (U.S.), Becton
Dickinson & Co. (U.S.), Catalent Pharma Solutions (U.S.), The Dow Chemical Company (U.S.),
Endo Pharmaceuticals (U.S.), Johnson & Johnson (U.S.), Nektar Therapeutics (U.S.),
SkyePharma PLC (U.K.), and Ypsomed Holding AG (Switzerland).

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