Press release
Injectable Drug Delivery Market Worth $1139.4 billion | MarketsandMarkets Trademark
Injectable Drug Delivery Market in terms of revenue was estimated to be worth $754.5 billion in 2024 and is poised to reach $1139.4 billion by 2029, growing at a CAGR of 8.6% from 2024 to 2029 according to a new report by MarketsandMarkets Trademark
Injectable Drug Delivery Market [https://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html?utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral] in terms of revenue was estimated to be worth $754.5 billion in 2024 and is poised to reach $1139.4 billion by 2029, growing at a CAGR of 8.6% from 2024 to 2029 according to a new report by MarketsandMarkets Trademark .
The growth in the Injectable drug delivery market is mainly due to an increase in technological advancements, an Increase in chronic diseases, and an increase in government funding. The ageing global population is pushing up demand for healthcare services and drugs. Older persons frequently have complicated healthcare demands and may require injectable medications to address chronic illnesses, which contributes to the expansion of the injectable drug delivery industry.
Emerging economies are seeing rapid urbanization, improved healthcare infrastructure, and more healthcare spending, resulting in greater access to injectable drugs. As a result, pharmaceutical companies are focusing on extending their presence in these markets to drive market growth.
Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]
"By Therapeutic application, Infectious diseases holds the largest share in 2023."
Injectable vaccinations prevent infectious diseases by activating the immune system to create antibodies against certain organisms. Vaccines [https://www.marketsandmarkets.com/Market-Reports/vaccine-technologies-market-1155.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr] are delivered intramuscularly or subcutaneously to produce immunity to diseases such as influenza, measles, polio, hepatitis, and COVID-19, among others. Injectable drugs are widely used to treat chronic infectious disorders like tuberculosis (TB) and HIV/AIDS. To efficiently target the TB germs and prevent medication resistance, TB treatment frequently combines oral antibiotics with injectable treatments such as rifampin, isoniazid, and streptomycin. Similarly, injectable antiretroviral medications can be used in HIV/AIDS [https://www.marketsandmarkets.com/Market-Reports/hiv-diagnosis-market-66008285.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr] therapy regimens to reduce viral replication and prevent disease progression.
"By Usage Pattern Curative Care holds the largest share in 2023."
Based on usage patterns, the Injectable drug delivery [https://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr] market is segmented into curative care, Immunization, and Other usage patterns. Curative care holds the largest share during the forecast period. Injectable drugs are frequently utilised in curative care settings, such as hospitals and emergency rooms, to treat acute medical illnesses that require prompt attention. For example, injectable antibiotics, antivirals, and analgesics may be used to treat infections, pain, and other acute symptoms, allowing for faster recovery and resolution of the illness. Injectable medication delivery allows for precise administration of targeted medicines based on unique patient characteristics, genetic profiles, and illness biomarkers. Targeted therapies, such as monoclonal antibodies, immunotherapies, and gene therapies [https://www.marketsandmarkets.com/Market-Reports/gene-therapy-market-122857962.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr], are injected to specifically target cancer cells, alter immune responses, or correct genetic abnormalities, resulting in cures or disease-modifying effects.
"Hospitals are the fastest-growing end users of the Injectable drug delivery market in 2023."
Based on end users, the Injectable drug delivery market is segmented into Hospitals and Retail Pharmacy centres. Hospitals serve a wide range of medical disciplines, including surgery, cancer, cardiology, neurology, infectious diseases, and others, all of which may necessitate injectable drugs for diagnosis, treatment, or prevention. Injectable medications are utilised in a variety of medical fields to provide targeted therapies, perform diagnostic tests, and offer supportive care to patients. Hospitals perform a variety of medical procedures and interventions, including surgeries, diagnostic imaging, interventional radiology, and therapeutic interventions, which may necessitate the use of injectable drugs before, during, or following the treatment. Injectable medications are used extensively in anesthesia [https://www.marketsandmarkets.com/Market-Reports/anesthesia-equipment-market-52398227.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr], sedation, pain management, contrast enhancement, and other procedures, which contributes to the overall demand for injectable drug delivery in hospital settings.
"North America dominates the global Injectable drug delivery market in 2023."
The Injectable drug delivery market is segmented into five major regional segments, namely, North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In 2023 North America accounted for the largest share during the forecast period due to the following reasons- North America has one of the world's highest healthcare costs, thanks to innovative medical technologies, expensive prescription drug prices, and a comprehensive healthcare insurance system. The readiness to invest in novel healthcare solutions, such as injectable drug delivery systems, helps to drive market growth and adoption in the region. North America is home to world-class clinical research institutes, university medical centres, and pharmaceutical research hubs that perform clinical trials [https://www.marketsandmarkets.com/Market-Reports/clinical-trials-market-405.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr], translational research, and technology development for injectable drug delivery. Collaborations among academia, industry, and government organizations promote innovation and the translation of scientific discoveries into clinical practice.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=150 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=150&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]
Injectable Drug Delivery Market Dynamics:
Drivers:
* Increased Prevalence of Chronic Diseases
Restraints:
* Infections associated with needlestick injuries
Opportunities:
* Increase in demand for biosimilars and generic medicine
Challenge:
* Preference for other modes of drug delivery
Key Market Players of Injectable Drug Delivery Industry:
The prominent companies are Becton, Dickinson and Company (U.S.), Pfizer Inc. (U.S.), Teva Pharmaceuticals Industries Ltd. (Israel), Eli Lilly and Company (U.S.), Baxter International, Inc. (U.S.), Sandoz (Germany), Terumo (Japan), Schott AG (Germany), Gerresheimer (Germany), Ypsomed (Switzerland), Bespak (U.K.), and B. Braun Melsungen (Germany).
Breakdown of supply-side primary interviews, by company type, designation, and region:
* By Company Type: Tier 1 (20%), Tier 2 (45%), and Tier 3 (35%)
* By Designation: C-level (30%), Director-level (20%), and Others (50%)
* By Region: North America (35%), Europe (24%), Asia Pacific (25%), RoW (16%)
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=150 [https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=150&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=injectable-drug-delivery-market-worth-11394-billion-marketsandmarkets]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html
Injectable Drug Delivery Market [https://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html?utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral] in terms of revenue was estimated to be worth $754.5 billion in 2024 and is poised to reach $1139.4 billion by 2029, growing at a CAGR of 8.6% from 2024 to 2029 according to a new report by MarketsandMarkets Trademark .
The growth in the Injectable drug delivery market is mainly due to an increase in technological advancements, an Increase in chronic diseases, and an increase in government funding. The ageing global population is pushing up demand for healthcare services and drugs. Older persons frequently have complicated healthcare demands and may require injectable medications to address chronic illnesses, which contributes to the expansion of the injectable drug delivery industry.
Emerging economies are seeing rapid urbanization, improved healthcare infrastructure, and more healthcare spending, resulting in greater access to injectable drugs. As a result, pharmaceutical companies are focusing on extending their presence in these markets to drive market growth.
Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]
"By Therapeutic application, Infectious diseases holds the largest share in 2023."
Injectable vaccinations prevent infectious diseases by activating the immune system to create antibodies against certain organisms. Vaccines [https://www.marketsandmarkets.com/Market-Reports/vaccine-technologies-market-1155.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr] are delivered intramuscularly or subcutaneously to produce immunity to diseases such as influenza, measles, polio, hepatitis, and COVID-19, among others. Injectable drugs are widely used to treat chronic infectious disorders like tuberculosis (TB) and HIV/AIDS. To efficiently target the TB germs and prevent medication resistance, TB treatment frequently combines oral antibiotics with injectable treatments such as rifampin, isoniazid, and streptomycin. Similarly, injectable antiretroviral medications can be used in HIV/AIDS [https://www.marketsandmarkets.com/Market-Reports/hiv-diagnosis-market-66008285.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr] therapy regimens to reduce viral replication and prevent disease progression.
"By Usage Pattern Curative Care holds the largest share in 2023."
Based on usage patterns, the Injectable drug delivery [https://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr] market is segmented into curative care, Immunization, and Other usage patterns. Curative care holds the largest share during the forecast period. Injectable drugs are frequently utilised in curative care settings, such as hospitals and emergency rooms, to treat acute medical illnesses that require prompt attention. For example, injectable antibiotics, antivirals, and analgesics may be used to treat infections, pain, and other acute symptoms, allowing for faster recovery and resolution of the illness. Injectable medication delivery allows for precise administration of targeted medicines based on unique patient characteristics, genetic profiles, and illness biomarkers. Targeted therapies, such as monoclonal antibodies, immunotherapies, and gene therapies [https://www.marketsandmarkets.com/Market-Reports/gene-therapy-market-122857962.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr], are injected to specifically target cancer cells, alter immune responses, or correct genetic abnormalities, resulting in cures or disease-modifying effects.
"Hospitals are the fastest-growing end users of the Injectable drug delivery market in 2023."
Based on end users, the Injectable drug delivery market is segmented into Hospitals and Retail Pharmacy centres. Hospitals serve a wide range of medical disciplines, including surgery, cancer, cardiology, neurology, infectious diseases, and others, all of which may necessitate injectable drugs for diagnosis, treatment, or prevention. Injectable medications are utilised in a variety of medical fields to provide targeted therapies, perform diagnostic tests, and offer supportive care to patients. Hospitals perform a variety of medical procedures and interventions, including surgeries, diagnostic imaging, interventional radiology, and therapeutic interventions, which may necessitate the use of injectable drugs before, during, or following the treatment. Injectable medications are used extensively in anesthesia [https://www.marketsandmarkets.com/Market-Reports/anesthesia-equipment-market-52398227.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr], sedation, pain management, contrast enhancement, and other procedures, which contributes to the overall demand for injectable drug delivery in hospital settings.
"North America dominates the global Injectable drug delivery market in 2023."
The Injectable drug delivery market is segmented into five major regional segments, namely, North America, Europe, Asia Pacific, Latin America and Middle East and Africa. In 2023 North America accounted for the largest share during the forecast period due to the following reasons- North America has one of the world's highest healthcare costs, thanks to innovative medical technologies, expensive prescription drug prices, and a comprehensive healthcare insurance system. The readiness to invest in novel healthcare solutions, such as injectable drug delivery systems, helps to drive market growth and adoption in the region. North America is home to world-class clinical research institutes, university medical centres, and pharmaceutical research hubs that perform clinical trials [https://www.marketsandmarkets.com/Market-Reports/clinical-trials-market-405.html?utm_source=Prnewswire&utm_medium=referral&utm_campaign=paidpr], translational research, and technology development for injectable drug delivery. Collaborations among academia, industry, and government organizations promote innovation and the translation of scientific discoveries into clinical practice.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=150 [https://www.marketsandmarkets.com/requestsampleNew.asp?id=150&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]
Injectable Drug Delivery Market Dynamics:
Drivers:
* Increased Prevalence of Chronic Diseases
Restraints:
* Infections associated with needlestick injuries
Opportunities:
* Increase in demand for biosimilars and generic medicine
Challenge:
* Preference for other modes of drug delivery
Key Market Players of Injectable Drug Delivery Industry:
The prominent companies are Becton, Dickinson and Company (U.S.), Pfizer Inc. (U.S.), Teva Pharmaceuticals Industries Ltd. (Israel), Eli Lilly and Company (U.S.), Baxter International, Inc. (U.S.), Sandoz (Germany), Terumo (Japan), Schott AG (Germany), Gerresheimer (Germany), Ypsomed (Switzerland), Bespak (U.K.), and B. Braun Melsungen (Germany).
Breakdown of supply-side primary interviews, by company type, designation, and region:
* By Company Type: Tier 1 (20%), Tier 2 (45%), and Tier 3 (35%)
* By Designation: C-level (30%), Director-level (20%), and Others (50%)
* By Region: North America (35%), Europe (24%), Asia Pacific (25%), RoW (16%)
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=150 [https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=150&utm_source=ABnewswire&utm_campaign=Paid&utm_content=Referral]
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=injectable-drug-delivery-market-worth-11394-billion-marketsandmarkets]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/injectable-drug-delivery-market-150.html
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
