Global Market & Pharmaceutical Formulation

Currently North America has surpassed the entire continent in terms of novel drug delivery market in cancer research with a market share of around 38%. Due to excellent research & development in the field of drug delivery system, exceptional adoption rate of new technologies, helpful reimbursement policy – North America has surpassed all the continents in terms of market share. Europe also hold the 2nd position with a very respective market share of around 29% due to large number of cancer patient, development of clinical research facilities, awareness & the novel therapy to the cancer patient.

But Asia is the fastest growing novel delivery market & it shows a huge elevation in growth curve during recent times due to vast research activities, awareness, new therapy procedure, increased no. of cancer patient in china & japan. Currently in holds the 3rd position in global market with a share of around 20% but in future it is expected to boost the market growth. The total value of global NDDS market in 2016 was $4.31 Billion. The growth is boosted at a rate of 22.9% during recent period according to CGAR report.

Various novel pharmaceutical formulations are including the Nano medicine, transdermal patches, enteric coated tablets & capsule, implantable tablet, injectable intravenous & intramuscular preparation, micro bubbles & micro sponges, various Nano particles, microsphere etc.

  • North America dominates global injectable drug delivery market
  • Incremental & predicted drug device enhancement
  • Types & procedure of drug formulation
  • Vegetative formulation
  • Pharmaceutical equipment & drug release testing
  • Academy & industry perspective

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