1. Market Research
  2. > Pharmaceutical Market Trends
North America Pharmaceutical Drug Delivery Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By  Route of Administration ; Application ; End User ; and Country

North America Pharmaceutical Drug Delivery Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By  Route of Administration ; Application ; End User ; and Country

  • June 2020
  • 145 pages
  • ID: 5915451
  • Format: PDF
  • The Insight Partners

Summary

Table of Contents

Search Inside

The North America pharmaceutical drug delivery market is anticipated to reach US$ 9,36,148.9 Mn by 2027 from US$ 5,60,491.5 Mn in 2019; the market is projected to grow at a CAGR of 6.8% from 2019 to 2027.

The growth of the North America pharmaceutical drug delivery market is primarily attributed to the increasing prevalence of chronic diseases.However, the high cost of drug delivery device development is among the major factor limiting the growth of the market.

Further, growth in drug delivery technology and innovations is expected to have a positive impact on the growth of the North American pharmaceutical drug delivery market in the coming years.

Drug delivery systems are medical devices used to inject drugs or therapeutic chemicals into the body.Several types of the drug delivery systems available in the market include transmucosal, oral, pulmonary, injectable, topical, nasal, implantable, and ocular, among others.

These systems are enabled with the technologies that are primarily used to have a controlled or targeted delivery of various therapeutic agents for the treatment of multiple diseases.

Many healthcare stakeholders in North American countries are focusing on changing the overall landscape of the oral, topical, transmucosal, subcutaneous, and other markets to deliver better health care.The increasing rate of chronic diseases such as cardiovascular disease (CVD) and diabetes is one of the main factors contributing to the upsurge in pharmaceutical drug delivery industry in North America.

Due to the hectic present-day lifestyle, CVDs such as angina pectoris, therosclerosis, and acute myocardial infarction have been acting as a significant cause of mortality, not only in North America but also in the whole world.In Canada, CVDs are the second leading cause of deaths.

According to Health Canada, ~1 in 12 Canadians, aged 20 and above, live with a diagnosed heart disease in the country. Moreover, according to the World Heart Federation (WHF), noncommunicable diseases, including cardiovascular diseases, accounted for ~77% of total deaths in Mexico in 2016.

Diabetes is one of the life-threatening chronic diseases with no functional cure, and it can increase the overall risk of premature death.Heart attack, stroke, kidney failure, leg amputation, vision loss, and nerve damage are the major complications associated with diabetes.

As there is a significant increase in diabetes cases worldwide, it is resulting in life-changing complications among the population.According to the International Diabetes Federation (IDF), in 2017, 46 million diabetic patients were reported in North America, which has been expected to reach 62 million by 2045.

The disease prevalence is likely to rise by ~35% during the forecast period. Exogenous insulin is usually administered through a subcutaneous route. owing to the above mentioned factors propelling the growth of the pharmaceutical drug delivery market in North America.

In 2019, injectable drug delivery accounted for the largest share in the North American pharmaceutical drug delivery market, based on the route of administration. However, the topical drug delivery segment is estimated to mark the highest CAGR in the market during the forecast period owing to the increasing number of patients with skin diseases and gradual shift in patient preference for novel transdermal delivery systems.
Several significant primary and secondary sources related to this study on the pharmaceutical drug delivery market in North America are Centers For Disease Control And Prevention (CDC), Food and Drug Administration (FDA), Ministry of Health and Prevention (MoHAP), Ministry of Health and Family Welfare (MoHFW), and American Cancer Society (ACS), among others.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2020

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on