18-Jun-2021 | Zion Market Research
Major companies in Oral Drug Delivery Market are AdhexPharma, Protalix, CURE Pharamceutical, Evonik, Arx LLC, Catalent Inc., INTELGENX CORP, Assembly Biosciences Inc., Aquestive Therapeutics, Emisphere Technologies, ZIM Laboratories Limited, Adare Pharmaceuticals, Merrion Pharmaceuticals Plc, Oramed Pharmaceuticals, Samyang Corporation, Chimerix Inc., Skypepharma, Amcor Limited and Unigene Laboratories Inc. among others.
These players are set to bolster the development of global Oral Drug Delivery market.
According to analysts at Zion Market Research, the global Oral Drug Delivery market accounted for more than USD 119.92 Billion in 2020 and is expected to reach USD 220.32 Billion by 2028, growing at a CAGR of 7.9% from 2021 to 2028.
This review is based on a report by Zion Market Research, titled “Oral Drug Delivery Market By Type (Controlled Release, Orodispersible Tablets and others), By End Users (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers and others), By Product (tablets, syrups and others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.”
Rising prevalence of Chronic diseases to Spur Growth
The rising prevalence of the chronic diseases has been driving the oral drug delivery market. The growth in the research and development by various pharmaceutical companies has boosted the market. Among the drug delivery routes, oral drug delivery is most preferred one in various therapeutic areas which is also the reason to boost this market.
The growth in the biologics market and the increasing penetration of health insurance will boost the market growth. Also, increasing number of pharmaceutical companies have been driving the market. The technological developments and the new product launches in the market has also accelerated the overall drug delivery market.
Global Oral Drug Delivery -Market
With the presence of a large pool of participants, the global Oral Drug Delivery market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research. AdhexPharma, Protalix Cure Pharmaceutical and Evonik are some of the key vendors of Oral Drug Delivery market across the world. These players across Oral Drug Delivery market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the Oral Drug Delivery Market study.
Presence of Big Players in The Region Support North American Dominance
Regionally, North America has been leading the worldwide Oral Drug Delivery Market and is anticipated to continue on the dominant position in the years to come, states the Oral Drug Delivery Market study. This is due to the factors such as presence of large number of pharmaceutical companies, robust pharmaceutical industry, drug delivery technology providers and rising number of collaborations between technology providers and pharmaceutical companies. Also, the increased demand for self-administration and home healthcare devices, transdermal patches and transmucosal systems for chronic diseases and increasing applications of inhalers have boosted the market in this region.
Browse the full “Oral Drug Delivery Market By Type (Controlled Release, Orodispersible Tablets and others), By End Users (Hospitals, Diagnostic Centers, Ambulatory Surgical Centers and others), By Product (tablets, syrups and others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/oral-drug-delivery-market
The global Oral Drug Delivery Market is segmented as follows:
By End Users
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