Drug Delivery Devices Market Overview, Growth Trends, Segmentation, Key Players (2024-2031)

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Drug Delivery Devices Market growing at a CAGR of 5.6% during the forecast period (2024-2031).

Overview

Drug delivery devices are specialized tools designed to administer drugs or therapeutic agents into the human body through specific routes of administration. These devices may be single-use or reusable, depending on the medical treatment required.

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Market Growth Trends

Increasing prevalence of chronic diseases and rising government funds are expected to drive the market growth.

The high prevalence of cancer has led to intensified research and development efforts aimed at creating novel drug delivery systems to improve patient treatment. The adoption of innovative technologies in drug delivery for cancer therapy is a key factor driving market growth.

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Market is Segmented

By Route of Administration:  Oral Drug Delivery, Solid Oral Drugs, Liquid Oral Drugs, Semi-Solid Oral Drugs), Injectable Drug Delivery, Ocular Drug Delivery, Pulmonary Drug Delivery, Nasal Drug Delivery, Transmucosal Drug Delivery, Implantable Drug Delivery, Passive Implantable Drug Delivery

By Applications:  Infectious Diseases, Cancer, Autoimmune Diseases, Central Nervous System Disorders, Respiratory Diseases, Diabetes

By End User:  Hospitals, Ambulatory Surgery Centers, Home Care Settings, Diagnostic Centers, Others

By Region:  North America, Latin America, Europe, Asia Pacific, Middle East, and Africa

Market Key Players

·         Baxter International

·         Acromed AG

·         Medtronic

·         Becton, Dickinson and Company

·         F. Hoffmann-La Roche Ltd

·         Novartis AG

·         3M

·         Sanofi

·         Merck & Co., Inc.

·         Pfizer Inc.

·         Bayer AG

·         GlaxoSmithKline plc

·         Novosanis

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