The Controlled Release Drug Delivery Global Market Report 2023, provides comprehensive information on the controlled release drug delivery market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032
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The global controlled release drug delivery market is projected to expand significantly, with an expected increase from $52.93 billion in 2022 to $59.20 billion in 2023, representing a substantial compound annual growth rate (CAGR) of 11.9%. However, the Russia-Ukraine conflict has introduced short-term uncertainties into the global economic recovery following the COVID-19 pandemic, resulting in economic sanctions, rising commodity prices, and supply chain disruptions, which have contributed to inflationary pressures impacting numerous global markets. Nonetheless, the global controlled release drug delivery market is forecasted to achieve a size of $92.60 billion by 2027, underpinned by a robust CAGR of 11.8%. This underscores the market’s resilience and adaptability within a complex global landscape.
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Technological advancements are playing a pivotal role in shaping the controlled-release drug delivery market. Leading companies within this sector are harnessing innovative technologies to fortify their market positions. An illustrative example is the initiative undertaken by Evonik Industries AG, a pharmaceutical manufacturer based in Germany. In October 2020, the company introduced Eudratec Fasteric, an oral drug delivery technology designed to enhance gastric resistance and improve the intestinal absorption of oral drug products, particularly those targeting sites in the upper small intestine characterized by a narrow absorption window. This technology offers the advantage of easy processing with common tools and is compatible with various oral dosage forms, including multi-particulate, tablets, and capsules. Such innovations underscore the industry’s commitment to advancing drug delivery methods to enhance patient outcomes.
The controlled release drug delivery market is segmented:
1) By Technology: Wurster Technique, Coacervation, Micro Encapsulation, Implants, Transdermal, Targeted Delivery, Other Technologies
2) By Release Mechanism: Polymer Based Systems, Micro Reservoir Partition Controlled Drug Delivery Systems, Feedback Regulated Drug Delivery Systems, Activation-Modulated Drug Delivery Systems, Chemically Activated,
3) By Application: Metered Dose Inhalers, Injectable, Transdermal and Ocular Patches, Other Applications
4) By End User: Hospitals, Clinics, Peronal, Research, Other End Users
North America was the largest region in the controlled release drug delivery market in 2022.
Top 5 Major Key Players Are:
Johnson And Johnson
Merck And Co. Inc
Alkermes Plc
Coating Place Inc
Corium International Inc
Table Of Contents
1. Executive Summary
2. Controlled Release Drug Delivery Market Characteristics
3. Controlled Release Drug Delivery Market Trends And Strategies
4. Controlled Release Drug Delivery Market – Macro Economic Scenario
5. Controlled Release Drug Delivery Market Size And Growth
…….
26. Africa Controlled Release Drug Delivery Market
27. Controlled Release Drug Delivery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Controlled Release Drug Delivery Market
29. Controlled Release Drug Delivery Market Future Outlook and Potential Analysis
30. Appendix
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