India Drug Delivery Devices Market to Register High Growth During Forecast Period
Growing use of drug delivery
systems in healthcare facilities is expected to drive the growth of India drug
delivery devices market
According
to TechSci Research report, “India
Drug Delivery Devices Market By Route of Administration (Oral Drug
Delivery, Injectable Drug Delivery, Topical Drug Delivery, Ocular Drug
Delivery, Pulmonary Drug Delivery, Others), By Device (Syringes, Inhalers,
Patch Pumps, And Others), By Patient Care Setting (Hospitals, Diagnostic Centers,
Ambulatory Surgery Centers/Clinics, Home Care Settings, Others), By Application
(Cancer, Infectious Diseases, Respiratory Diseases, Diabetes, Others), By Region,
Competition, Forecast & Opportunities, FY2026”, India
drug delivery devices market is expected to witness high growth over the
forecast period. Increasing demand for critical care devices is one of the major factors accounting for
the growth of India drug delivery devices market. Moreover, growing
investments for innovation in healthcare sector is expected to bode well for
the growth of India drug delivery devices market through the forecast period.
In addition to this, surging incidence of respiratory diseases is further driving
the use of drug delivery devices among patients and physicians, which is
projected to positively influence the growth of India drug delivery devices
market in the years to come. Also, rise of biologics in pharmaceutical market,
is further making headway for the growth of India drug delivery devices market.
However, there are some factors that might act as major impediments to the
growth of India drug delivery devices market through FY2026 including high cost
of research & development and devices.
Browse XX
market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " India Drug Delivery
Devices Market "
https://www.techsciresearch.com/report/india-drug-delivery-devices-market/4965.html
India
drug delivery devices market can be segmented based on route
of administration, device, patient care setting, application, company,
and region. Based on route of administration, the market can be categorized
into oral drug delivery, injectable drug delivery, topical drug delivery,
ocular drug delivery, pulmonary drug delivery, nasal drug delivery,
transmucosal drug delivery, and implantable drug delivery. Out of which, the
topical drug delivery segment dominated the market until FY2019 and is expected
to maintain its dominance during the forecast period as well, which can be
attributed to certain advantages associated with this route of administration,
such as convenience and ease of use, painless and noninvasive delivery, right
dosage to the right place, superior spread ability, and enhanced patient
compliance. Based on device, the market can be categorized into syringes,
inhalers, patch pumps, and others. Out of which, the syringes segment dominated
the market until FY2019 and is expected to maintain its dominance during the
forecast period as well as they are found to be of convenient usage and low
healthcare cost. In addition to this, syringe provides efficient and reliable
method for drug administration, which is further anticipated to fuel the
segmental growth in the years to come.
3M India, Bayer India Limited, Roche
Products (India) Pvt. Ltd, GlaxoSmithKline Pharmaceuticals Ltd, Johnson &
Johnson Private Limited, Merck Limited, Novartis India Ltd, Pfizer Limited, Sanofi
India Limited, Sun Pharmaceutical Industries Ltd, are among others
are the leading players operating in India drug delivery devices market. The
players are adopting several growth strategies to enhance the market scenario
of drug delivery devices. Other competitive strategies include new
technological developments; mergers & acquisitions; agreements,
partnerships, and collaborations; and expansions to diverse their product
portfolio in order to strengthen their market position.
download
sample report @ https://www.techsciresearch.com/sample-report.aspx?cid=4965
customers can also request for
10% free customization on this report.
“India drug delivery devices market is forecast to register high growth during
the next five years on account of rapid surge development in geriatric
population. Furthermore, availability of reimbursement for major part of
population is anticipated to boost the market growth for drug delivery devices
over the coming years. Additionally, high incidence of diabetes and cancer in
the country is further projected to bolster the market growth for drug delivery
devices through FY2026.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“India Drug Delivery Devices Market By Route of
Administration (Oral Drug Delivery, Injectable Drug Delivery, Topical Drug
Delivery, Ocular Drug Delivery, Pulmonary Drug Delivery, Others), By Device
(Syringes, Inhalers, Patch Pumps, And Others), By Patient Care Setting
(Hospitals, Diagnostic Centers, Ambulatory Surgery Centers/Clinics, Home Care
Settings, Others), By Application (Cancer, Infectious Diseases, Respiratory
Diseases, Diabetes, Others), By Region, Competition, Forecast &
Opportunities, FY2026” has
evaluated the future growth potential of India drug delivery devices market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in India drug delivery devices market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]