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

Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and

Forecast, 2014 - 2020
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 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
5. The report also provides porters five forces analysis of the market.
Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and

Forecast, 2014 - 2020

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Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and

Forecast, 2014 - 2020

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