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 approval of drug delivery devices
and lack of skilled and trained professionals to administer drugs are restraining the growth of the global

Persistence Market Research

Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020
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.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Drug Delivery Devices Market: Global Industry Analysis and Forecast, 2014 - 2020
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