Analysis of the global Drug Delivery Systems market reveals revenue of…

Analysis of the global Drug Delivery Systems market reveals revenue of…

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NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) — Research Nester has published an in-depth market report on “Global Drug Delivery Systems Market‘ for the forecast period, i.e. 2023–2033, which includes the following factors:

  • Market growth over the forecast period
  • Detailed regional summary
  • market segmentation
  • growth accelerator
  • challenges
  • Key market players and their detailed profiling

Global Drug Delivery Systems Market Scope:

Market size value in 2022 (base year) ~ $40,000 million
Market forecast value in 223 ~ $75,000 million
Market Growth Rate (CAGR) (Global) ~10%
forecast period from drug delivery systems market (Global) 2023 – 2033

Global drug delivery systems Market size:

The global drug delivery market is projected to reach an approximate revenue of $75,000 by 2033. The market growth is attributed to the vaccination awareness for various diseases like hepatitis, HIV, typhoid, influenza and others as well as the growing vaccination campaign against COVID-19. Figures from Our World in Data show that 3.87 million vaccinations are administered every day and 12.69 billion doses are administered worldwide. In addition, the World Health Organization estimates that in 2021 over 80% of people worldwide had a hepatitis B vaccine, and almost 71% received it Hemophilus flu Type b immunization and almost 80% have received polio vaccination. Additionally, the market growth is expected to be accelerated by digitization in drug delivery. In a company with 5000 employees, nearly 60% of employees agree that digital drug delivery technology is essential.

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Global Drug Delivery Systems Market: The central theses

  • The Asia-Pacific region accounts for the majority of sales
  • Diabetes segment dominates the sales chart
  • The injectable sub-segment remains prominent in the type segment

The rising burden of chronic diseases and technological advancements are expected to drive the market growth

The growth of the global drug delivery market systems is…

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