North America Drug Delivery Systems Market Historical Analysis, Opportunities, Latest Innovations, Top Players Forecast (2019-2027)

The North America drug delivery systems market is expected to reach US$ 1,074,679.7 Mn in 2027 from US$ 572,453.0 Mn in 2018. The market is estimated to grow with a CAGR of 7.4% from 2019-2027.

North America Drug Delivery Systems Market Introduction

A notable increase in research and development (R&D) of drug delivery devices has occurred worldwide over the last few decades, largely due to the growing prevalence of chronic diseases. Drug delivery refers to the techniques or procedures used to administer pharmaceutical compounds to achieve a therapeutic outcome in humans. Various administration routes are being explored to effectively treat these long-term illnesses. Data from the Centers for Disease Control and Prevention (CDC) in 2019 indicates that nearly 6 in 10 individuals in the US suffer from at least one chronic disease, with 4 in 10 experiencing two or more. Additionally, cancer remains a leading cause of death in the North American region. The American Cancer Society (ACS) estimated approximately 1,735,350 new cancer cases in 2018. A targeted drug delivery
system (TDDS) is engineered to deliver medication in a precisely controlled manner to a designated biological location. Diabetes, a serious and chronic condition without a specific cure, can lead to numerous complications affecting various parts of the body and increase the overall risk of premature death across all its types.

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North America Drug Delivery Systems Strategic Insights

Strategic insights for the North America Drug Delivery Systems market provide analysis of the industry landscape based on data, encompassing current trends, key market participants, and regional specificities. These insights offer practical recommendations, enabling readers to set themselves apart from competitors by discovering unexploited segments or developing distinctive value propositions. By utilizing data analytics, these insights help industry players, whether investors, manufacturers, or other stakeholders, to predict market changes. Adopting a future-oriented perspective is crucial, assisting stakeholders in anticipating market evolutions and positioning themselves for long-term success in this evolving region. Ultimately, effective strategic insights empower readers to make informed choices that enhance profitability and support the realization of their business objectives within the market.

North America Drug Delivery Systems Market Segmentation

North America Drug Delivery Systems Market: By Route of Administration

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Transmucosal

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Oral

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Injectable

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Topical

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Implantable

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Ocular

North America Drug Delivery Systems Market: By Distribution Channel

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Hospital Pharmacies

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Retail Pharmacies

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Online Pharmacies

North America Drug Delivery Systems Market: By Application

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Home Care Settings

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Hospitals & Clinics

North America Drug Delivery Systems Market: Regions and Countries Covered  

North America

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US

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Canada

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Mexico

North America Drug Delivery Systems Market: Market leaders and key company profiles

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BD

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Novo Nordisk A/S

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3M

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Boston Scientific Corporation

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Bausch Health Companies Inc.

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Baxter International, Inc.

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Boehringer Ingelheim

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Novartis AG

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GlaxoSmithKline plc.

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Johnson & Johnson Services, Inc.

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