PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1488766
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 1488766
The global Injectable drug delivery market is projected to reach USD 1139.4 billion by 2029 from USD 754.5 billion in 2024, at a CAGR of 8.6% from 2024 to 2029. The increased prevalence of chronic diseases such as diabetes, cancer, autoimmune disorders, and cardiovascular disease needs the development of more effective and tailored medication delivery strategies. Injectable drug delivery systems enable precision dosing and tailored distribution, which improves treatment outcomes.
Scope of the Report | |
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Years Considered for the Study | 2021-2029 |
Base Year | 2023 |
Forecast Period | 2024-2029 |
Units Considered | Value (USD) Billion |
Segments | Type, By Formulation packaging, Therapeutic application, Usage Pattern, By site of administration, distribution channel and facility of Use |
Regions covered | North America, Europe, APAC, LATAM, MEA |
The growing usage of biologics, such as monoclonal antibodies, peptides, and nucleic acid-based therapies, has increased the need for injectable delivery systems. These big compounds frequently have low oral bioavailability and require parenteral treatment for efficient distribution.
"The Formulations segmented accounted for the largest share during the forecast period."
Injectable medication formulations are utilized for a variety of therapeutic purposes, including oncology, diabetes, autoimmune illnesses, cardiovascular disease, infectious diseases, and neurological disorders. The adaptability of injectable formulations enables the delivery of a wide range of medications, including small molecules, biologics, peptides, and vaccines, which contributes to their widespread use. Injectable formulations work with a variety of drug delivery devices, such as prefilled syringes, vials, ampoules, cartridges, autoinjectors, pen injectors, and infusion pumps. These delivery systems increase market demand for injectable drug formulations by providing ease of use, accurate dosing, precise administration, and patient convenience. The growing usage of biologic pharmaceuticals and monoclonal antibodies in healthcare has driven up demand for injectable medication formulations. Biologics sometimes require parenteral delivery due to their high molecular size, vulnerability to enzymatic breakdown, and low oral bioavailability. Injectable formulations allow biologics to be administered subcutaneously or intramuscularly, resulting in optimal drug delivery and therapeutic efficacy.
"The ampoules segment accounts for the largest segment in formulation packaging segment."
Ampoules are hermetically sealed glass containers that provide an effective barrier to contamination, moisture, and air, maintaining the sterility and stability of the medication inside. The sealed form of ampoules inhibits microbial development and degradation of the therapeutic product, lowering the risk of infection and conserving the medication's integrity until usage.Glass ampoules provide good protection against light and air, which can damage and destabilize certain drugs over time. The opaque quality of glass limits light exposure, while the hermetic barrier prevents oxygen entrance, ensuring that light-sensitive and oxygen-sensitive medications retain their potency and efficacy.
"By Therapeutic application Infectious diseases accounted for the largest share during the forecast period."
Injectable drug administration is essential for treating a wide range of infectious disorders, including bacterial, viral, fungal, and parasitic infections. Many antibiotics, antiviral treatments, antifungal agents, and antiparasitic medications are given as injections to achieve quick and effective drug concentrations in the bloodstream and target tissues. 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 therapy regimens to reduce viral replication and prevent disease progression.
"APAC is estimated to register the highest CAGR during the forecast period."
The Injectable drug delivery market is divided into Five regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The Asia Pacific is witnessed to have the highest CAGR during the forecast period.. Many APAC countries, including Japan, South Korea, and China, are witnessing demographic shifts as their populations age. Older persons have a higher prevalence of chronic diseases and complex healthcare needs, which drives the demand for injectable drugs for ailments like diabetes, cardiovascular disease, and cancer.
List of Companies Profiled in the Report
Research Coverage
This report studies the Injectable drug delivery market based on type, formulation packaging, site of administration, route of administration, facility of use, distribution channels and region. The report also analyses factors (such as drivers, restraints, opportunities and challenges) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micro markets concerning their growth trends, prospects, and contributions to the total apheresis market. The report forecasts the revenue of the market segments to five major regions.
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