After a successful conference of Pharmaceutica-2015, OMICS International is currently bringing forth "8th International Conference and Exhibition on Pharmaceutics & Novel Drug Delivery Systems” (Pharmaceutica-2016) slated on March 07-09, 2016 at Madrid, Spain.
Pharmaceutica-2015 conveys recent developments in Nano-drug delivery systems, novel pre-formulation, formulation approaches and strategies have reoriented the focus of almost all the Pharmaceutical and Biopharmaceutical R&D’s towards Novel Drug Delivery Systems (NDDS). To minimize drug degradation and loss, to prevent harmful side-effects and to increase drug bioavailability and the fraction of the drug accumulated in the required zone, various drug delivery and drug targeting systems are currently under development. A complete knowledge of the relevant therapeutic and physicochemical properties of the drug enables determination of its proper formulation and delivery method.
Pharmaceutica-2016 mainly focusing on theme of “Challenges and Advances in Drug Delivery Approaches”
Novel drug delivery systems were not only beneficial for patients, which also less complicated, non-invasive and a reduction in the dose of active ingredients.
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The global market for drug delivery systems in 2010 was $131.6 billion and is expected to increase to $137.8 billion by the end of 2011. The market is expected to rise at a compound annual growth rate (CAGR) of 5% and reach nearly $175.6 billion by 2016
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The U.S. constituted approximately 59% of the total drug delivery market in 2010 and was $78 billion. It is forecast to grow from $82 billion in 2011 to $103 billion in 2016 at a CAGR of 4.7%
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Europe contributed about 27% of the total drug delivery market in 2010 and was $36 billion. BCC expects this market to grow to $49 billion by 2016 at a CAGR of 5.6%
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