The pharmaceutical drug delivery market involves delivery technologies and mechanisms that help in transporting pharmaceutical compounds in the body. The key types of drug delivery systems are oral, pulmonary, transdermal, injectable and others. Oral drug delivery is the most commonly used and safe drug administration route. However, alternatives such as pulmonary, transdermal and injectable drug delivery modes are gaining traction owing to their ability to bypass first-pass metabolism and increase bioavailability.

The Global pharmaceutical drug delivery market is estimated to be valued at US$ 2657.98 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the pharmaceutical drug delivery market are Thermo Fisher Scientific Inc., Corning Incorporated, Lonza Group Ltd., Avantor, Inc., Synthecon Incorporated, Bico Group, ReproCELL Incorporated, Becton, Dickinson, and Company, 3D Biotek, LLC, InSphero AG.

The Pharmaceutical Drug Delivery Market Demand such as controlled release formulations, targeted drug delivery, and nanocarriers. 3D bioprinting technology is also gaining traction for developing advanced drug delivery applications and tissue models for R&D.

On the global level, Asia Pacific region is expected to witness highest growth in the pharmaceutical drug delivery market owing to rising incidence of chronic diseases, growth of the biologics industry, and increasing investments by market players for capacity expansion in the region.

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