Global Controlled Release Drug Delivery Market Size, Share & Trends Analysis Report by Type (Metered Dose Inhalers, Injectable, Transdermal and Ocular Patches, Infusion Pumps, and Oral Controlled-drug Delivery Systems), by Technology (Wurster Technique, Coacervation, Micro Encapsulation, Implants, Transdermal, Targeted Delivery, and Others), and Forecast, 2019-2025.
Controlled release drug delivery systems deliver the drug for a specified period of time at a predetermined rate during the treatment. Controlled release drug delivery uses drug encapsulating devices from which therapeutic agents can be released for long periods of time, ranging from days to months, at controlled rates. Such systems offer numerous benefits over traditional drug delivery methods, including customizing drug release rates, protecting fragile drugs, and enhancing patient comfort and compliance. Moreover, controlled release drug delivery systems allow dosage frequency reduction, lower plasma drug levels fluctuation, uniform drug effect, and enhanced therapeutic efficacy ratio.
The market of controlled release drug delivery system is segmented into technology and type. Targeted delivery offers a preferred site of action and removes drugs from sites that could lead to drug toxicity. Targeted technologies provide drug localization, resulting in uniform effects, reduced fluctuations in circulating drug levels, and low side effects risk. Whereas, microencapsulation has gained traction as many companies have adopted this method to alter the delivery mechanism. Compared to conventional delivery systems, microencapsulation offers lower toxicity. Moreover, implantable systems have reduced side effects, increased efficiency, convenience and delivery over a specified period of time for linear drugs.
Geographically, the market has been segmented on the basis of four major regions which includes North America, Europe, Asia-Pacific and Rest of the World. The market has the significant share in North America owing to increased government initiatives to develop controlled release drug delivery and the presence of prominent market players in this region. Asia-Pacific market is expected to experience the fastest growth during the forecast period. This can be attributed to the increased pharmaceutical spending, and increased investment and R&D activities in countries of this region by pharmaceutical and biopharmaceutical companies. The key players of this market are Merck and Co., Inc., Orbis Biosciences, Inc., Pfizer, Inc., AstraZeneca PLC, Bristol-Myers Squibb Co., Mylan N.V. and Janssen Pharmaceuticals, Inc.
Research Methodology
The market study of the global controlled release drug delivery market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
The report is intended for government and private companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Controlled Release Drug Delivery Market Research and Analysis by Type
2. Global Controlled Release Drug Delivery Market Research and Analysis by Technology
The Report Covers
Controlled release drug delivery systems deliver the drug for a specified period of time at a predetermined rate during the treatment. Controlled release drug delivery uses drug encapsulating devices from which therapeutic agents can be released for long periods of time, ranging from days to months, at controlled rates. Such systems offer numerous benefits over traditional drug delivery methods, including customizing drug release rates, protecting fragile drugs, and enhancing patient comfort and compliance. Moreover, controlled release drug delivery systems allow dosage frequency reduction, lower plasma drug levels fluctuation, uniform drug effect, and enhanced therapeutic efficacy ratio.
The market of controlled release drug delivery system is segmented into technology and type. Targeted delivery offers a preferred site of action and removes drugs from sites that could lead to drug toxicity. Targeted technologies provide drug localization, resulting in uniform effects, reduced fluctuations in circulating drug levels, and low side effects risk. Whereas, microencapsulation has gained traction as many companies have adopted this method to alter the delivery mechanism. Compared to conventional delivery systems, microencapsulation offers lower toxicity. Moreover, implantable systems have reduced side effects, increased efficiency, convenience and delivery over a specified period of time for linear drugs.
Geographically, the market has been segmented on the basis of four major regions which includes North America, Europe, Asia-Pacific and Rest of the World. The market has the significant share in North America owing to increased government initiatives to develop controlled release drug delivery and the presence of prominent market players in this region. Asia-Pacific market is expected to experience the fastest growth during the forecast period. This can be attributed to the increased pharmaceutical spending, and increased investment and R&D activities in countries of this region by pharmaceutical and biopharmaceutical companies. The key players of this market are Merck and Co., Inc., Orbis Biosciences, Inc., Pfizer, Inc., AstraZeneca PLC, Bristol-Myers Squibb Co., Mylan N.V. and Janssen Pharmaceuticals, Inc.
Research Methodology
The market study of the global controlled release drug delivery market is incorporated by extensive primary and secondary research. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for government and private companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
1. Global Controlled Release Drug Delivery Market Research and Analysis by Type
2. Global Controlled Release Drug Delivery Market Research and Analysis by Technology
The Report Covers
- Comprehensive research methodology of the global controlled release drug delivery market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global controlled release drug delivery market.
- Insights about market determinants which are stimulating the global controlled release drug delivery market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- Abbott Laboratories, Inc.
- Alkermes, Inc.
- Allergan PLC
- Aradigm Corp.
- AstraZeneca PLC
- BDD, Ltd.
- Bristol-Myers Squibb Co.
- Catalent, Inc.
- Coating Place, Inc.
- Collegium Pharmaceutical, Inc.
- Colorcon, Inc.
- DowDuPont, Inc.
- Endo Pharmaceuticals, PLC
- Intellipharmaceutics International Inc.
- Janssen Pharmaceuticals, Inc. (Johnson and Johnson Services, Inc.)
- Mallinckrodt PLC
- Mayne Pharma Group, Ltd.
- Merck and Co., Inc.
- Mylan N.V.
- Novartis AG
- Orbis Biosciences, Inc.
- Pfizer, Inc.
- ProMed Pharma
- Purdue Pharma L.P.
- Sun Pharmaceuticals Industries, Ltd.
- Teva Pharmaceutical Industries, Ltd.
- Tris Pharma, Inc.
