India Drug Delivery Devices Market, By Devices (Syringe, Inhaler, Nebulizer, Transdermal Patch), By Route of Administration (Oral Drug Delivery, Injectable Drug Delivery, Others), By Patient Care Setting, By Application, By Region, By Region, Forecast & Opportunities, FY2026

The Indian Drug Delivery Devices Market was valued at around USD564 million in FY2020 and is expected to grow at a steady CAGR of 8.05% during the forecast period. The Indian Drug Delivery Devices Market is driven by growing use of drug delivery systems in healthcare facilities. Growing awareness regarding drug metabolism is expected to propel the market growth through FY2026. In addition to this, increasing pervasiveness of chronic infections among the population is further anticipated to bolster the growth of the Indian Drug Delivery Devices Market in a positive way.

With COVID-19 infections rising, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies to prevent the spread of this pandemic and provide optimum care to the infected also widens, which is anticipated to fuel the market growth over the coming years.

The Indian Drug Delivery Devices Market is segmented based on devices, route of administration, patient care setting, application, company, and region. Considering the patient care setting, the market is fragmented into hospitals, diagnostic centres, ambulatory surgery centres, and others. Among these, the hospitals segment dominated the Indian Drug Delivery Devices Market until FY2020 and is further anticipated to maintain its dominance during the forecast period as well. This high growth can be attributed to the significant number of inpatient and outpatient visits to hospitals and requirement of large volumes of drugs and their respective delivery devices to accommodate to the demand of the large patient pool.

Major players operating in the Indian Drug Delivery Devices Market include Pfizer Limited, Novartis India Limited, India Medtronic Private Limited, GlaxoSmithKline Pharmaceuticals Limited, Cardinal Health India Private Limited, B. Braun Medical India Private Limited, Sun Pharmaceutical Industries Limited., 3M India Limited, Cipla Limited, Bayer Pharmaceuticals India Ltd and others. The market players are adopting some competitive strategies such as technological developments, mergers & acquisitions, partnership, collaborations, agreements to expand their geographic reach and to increase their customer bases.

Years considered for this report:

• Historical Years: FY2016-FY2019
• Base Year: FY2020
• Estimated Year: FY2021
• Forecast Period: FY2022-FY2026

Objective of the Study:

• To analyse and estimate the market size of the Indian Drug Delivery Devices Market from FY2016 to FY2019.
• To estimate and forecast the market size of the Indian Drug Delivery Devices Market from FY2020 to FY2026 and growth rate until FY2026.
• To classify and forecast the Indian Drug Delivery Devices Market based on route of administration, device, patient care setting, application, company, and regional distribution.
• To identify dominant region or segment in the Indian Drug Delivery Devices Market.
• To identify drivers and challenges for the Indian Drug Delivery Devices Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Drug Delivery Devices Market.
• To identify and analyse the profile of leading players operating in the Indian Drug Delivery Devices Market.
• To identify key sustainable strategies adopted by market players in the Indian Drug Delivery Devices Market.

The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of manufacturers across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analysed the manufacturers, distribution channels and presence of all major players across the country.

The publisher calculated the market size of the Indian Drug Delivery Devices Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.

Key Target Audience:

• Drug delivery devices manufacturers, suppliers, distributors, and other stakeholders
• Government bodies such as regulating authorities and policy makers.
• Organizations, forums, and alliances related to drug delivery devices.
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.

Report Scope:

In this report, the Indian Drug Delivery Devices Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Drug Delivery Devices Market, By Device:

• Syringes
• Inhalers
• Nebulizer
• Transdermal Patch

India Drug Delivery Devices Market, By Route of Administration:

• Oral Drug Delivery
• Injectable Drug Deliver
• Topical Drug Delivery
• Others

India Drug Delivery Devices Market, By Patient Care Setting:

• Hospitals
• Diagnostic Centres
• Ambulatory Surgery Centres
• Others

India Drug Delivery Devices Market, By Application:

• Cancer
• Respiratory Diseases
• Diabetes
• Cardiovascular Diseases
• Others

India Drug Delivery Devices Market, By Region:

• North
• South
• East
• West

Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Indian Drug Delivery Devices Market.

Available Customizations:
With the given market data, the publisher offers customizations according to a client’s specific needs.

This report will be delivered within 2 business days.