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The Oral Macromolecular Formulations Market to
Bear Testimony to Digitization
Report Id PMRREP32388 Category Life Science
Healthcare
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The Oral Macromolecular Formulations Market to
Bear Testimony to Digitization

• The global oral macromolecular formulation
  market was valued at around US 15.7 Mn in 2020,
  and is expected to exhibit a steady CAGR of
  around 5.1 over the forecast period (2021-2031).
• There are various problems associated with
  injections, such as pain and needle stick
  injuries. These issues can be overcome by various
  ways, and oral route of drug administration is
  one of them.
• For instance, according to CDC, in the U.S., the
  annual number of sharp injuries among healthcare
  workers (HCWs) is 385,000.
• Biologics play a valuable role in the treatment
  of numerous health conditions such Crohn's
  disease, ulcerative colitis, rheumatoid
  arthritis, and other autoimmune diseases, but its
  delivery is difficult due to its large molecular
  weight and associated costs that tend to be
  greater than those of small-molecule drugs. Also,
  biologics have high specificity and low toxicity
  as compared to small molecules. Oral route of
  administration of biologics is crucial in the
  field of therapeutics due to its
  non-invasiveness, patient compliance, and
  convenience of drug administration.

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Market Segmentation
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