Further,
for the in-depth analysis, the report encompasses the industry growth
indicators, restraints, supply and demand risk, along with detailed discussion
on current and future market trends that are associated with the growth of the
market.
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On the
basis of indication, market is segmented into diabetes, cardiovascular
diseases, multiple sclerosis and asthma & COPD. The diabetes segment is to
garner a highest revenue by the end of 2033 by growing at a significant CAGR
over the forecast period i.e. 2023-2033. Rise in number of people living with diabetes
and increased demand of insulin injections. The global drug delivery systems market is expected to grow at a CAGR of
approximately 10% over the forecast period.
The
global drug delivery systems market is
expected to grow on the account of proactive COVID-19 vaccination drive,
increasing burden of chronic disease, development of new products, strategic mergers
and acquisition and growing popularity of digital drug delivery.
On the basis of region, market is segmented into North
America, Europe, Asia Pacific, Latin America and Middle East & Africa
region. The market is North America is to generate the highest revenue by the
end of 2033. This growth is anticipated by higher number of people waiting for COVID-9
vaccination and more number of patients of chronic disease.
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The
research is global in nature and covers detailed analysis on the market in
North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain,
Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden,
Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America
(Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India,
Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand,
Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE,
Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East
and Africa). In addition, analysis comprising market size, Y-O-Y growth &
opportunity analysis, market players’ competitive study, investment
opportunities, demand for future outlook etc. has also been covered and
displayed in the research report.
Higher Number of People Suffering with
Chronic Disease is to Elevate the Market Growth
People’s unhealthy
eating habits, lethargic routines, low activity, lack of sleep and mental
pressure making them develop chronic disease at the higher rate. As per the
data of National Library of Medicine, cardiovascular disease, cancer, chronic
lung problems are responsible for every 3 in 5 deaths, worldwide.
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However,
concern of adverse effect of drug, risk of data theft, strict mandates for the
approval of new product and lack of customer conviction for using needles and
syringes are the few factors which areexpected to operate as key restraint to
the growth of the global drug delivery systems
market
over the forecast period.
This
report also provides the existing competitive scenario of some of the key
players of the global drug delivery systems
market
which includes company profiling of BD
(Becton, Dickinson and Company), Gerreshelmer AG, Baxter, Namara, Kindeva Drug
Delivery, West Pharmaceutical Services Inc., Ypsomed, Medtronic, E3D Elcam Drug Delivery Devices, AstraZeneca, Merck KGaA, and others. The profiling enfolds key
information of the companies which encompasses business overview, products and
services, key financials and recent news and developments. On the whole, the
report depicts detailed overview of the global
drug delivery systems
marketthat
will help industry consultants, equipment manufacturers, existing players
searching for expansion opportunities, new players searching possibilities and
other stakeholders to align their market centric strategies according to the
ongoing and expected trends in the future.
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