Title: North American Drug Delivery Technologies Market worth $102.2 Billion By 2017
1MarketsandMarkets Presents
North American Drug Delivery Technologies Market
worth 102.2 Billion By 2017
2- The North American Drug Delivery Technologies
Market (Metered Dose Inhalers, Needle-Free
Injectors, Auto-Injectors, Nasal Sprays,
Transdermal Patches, Nebulizers, Infusion Pumps,
Drug Eluting Stents, Sustained Release, Ocular
Implants) Forecasts to 2017 analyzes and studies
the major market drivers, restraints, and
opportunities in North America. - Browse 95 market data tables with 28 figures
spread through 267 pages and in-depth TOC on "
North American Drug Delivery Technologies Market
(Metered Dose Inhalers, Needle-Free Injectors,
Auto-Injectors, Nasal Sprays, Transdermal
Patches, Nebulizers, Infusion Pumps, Drug Eluting
Stents, Sustained Release, Ocular Implants)
Forecasts to 2017" - http//www.marketsandmarkets.com/Market-Reports/n
orth-american-drug-delivery-technologies-market-12
09.html -
3 Early buyers will receive 10 customization on
Reports.
4-
- This report studies the North American Drug
Delivery Technologies Market over the forecast
period of 2012 - 2017. - The North American market was valued at 66.7
billion in 2012 and is poised to reach 102.2
billion by 2017. The U.S. registered a higher
market share, valued at 59.3 billion in 2012 and
is expected to grow at a high single digit CAGR
from 2012 to 2017. The Canadian market is also
growing at a decent CAGR of 7.9, to reach 10.7
billion by 2017. - The U.S. Supreme courts decision to uphold the
healthcare reforms is expected to substantially
increase the number of insured citizens in the
U.S. This will thereby boost the market for novel
drug delivery technology based formulations and
devices. In addition, the rising number of drug
approvals by Health Canada, serves as an
opportunity for the Canadian market.
5- The acquisitions of Eurand Pharmaceuticals
(Netherlands) by Aptalis Pharma(U.S.), Labopharm
(Canada) by Paladin Labs (Canada), and CIMA Labs
(U.S.) and Cephalon by Teva Pharmaceuticals
(Israel) constitute the major developments in the
North American market. Also, there are
significant developments in the field of targeted
drug delivery (using liposomes and nanoparticle
drug carriers) owing to the advancements in
polymers and biopolymers technology for small
molecules, macromolecules, and prodrugs. - The growth of the market is driven by the
increasing adoption of drug delivery technologies
by pharmaceutical and medical device companies in
North America, and greater patient acceptability
of drug delivery products. The opportunities for
the growth of this market include developments of
drug delivery technologies for non-conventional
therapeutic applications and for use in home
setting.
6- Other factors like collaborations of drug
delivery firms with pharmaceutical firms also
offer opportunities to the drug delivery firms,
as they could assist pharmaceutical companies
with their manufacturing services technology
platforms, product development, and regulatory
procedures. However, in the past and present,
product recalls of drug delivery products is one
factor that hampered the growth of this market
and also raised concerns on RD expenditure for
development of such products. - This research report categorizes the North
American drug delivery technologies market by
routes of administration it includes oral,
pulmonary, transdermal, injectable, ocular,
nasal, topical, implantable, and transmucosal
technologies. All these market segments are
further divided into sub-segments that comprise
of formulations or devices, to provide exhaustive
value analysis for the years 2010, 2011, 2012,
and forecast to 2017. The North American market
for oral drug delivery technologies was estimated
at 25.4 billion in 2012 and is expected to grow
at a healthy CAGR of 8.6 from 2012 to 2017.
7- Oral technologies offer easier and cost-effective
reformulation strategies hence they occupy the
largest share in the market. On the other hand,
pulmonary technologies market is expected to grow
at the highest CAGR of 11.8, due to the
increased adoption rates of pulmonary devices and
their expanding applications. This market is
poised to reach 23.1 billion by 2017. - Key players in the market are 3M Company (U.S.),
Aptalis Pharma, Inc. (U.S.), Baxter
International, Inc. (U.S.), Becton Dickinson
Co. (U.S.), Catalent Pharma Solutions (U.S.),
Cipher Pharmaceuticals (Canada), Dow Chemical
Company (U.S.), Endo Pharmaceuticals (U.S.),
Johnson Johnson (U.S.), Nektar Therapeutics
(U.S.), OptiNose (U.S.), QLT (Canada), and
Valeant Pharmaceuticals (Canada).
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