Gastroretentive Drug Delivery Systems Market Size, Industry Trends, Share and Forecast 2021-2027
The global gastroretentive drug delivery systems market is anticipated to grow at a CAGR of around 6.3% during the forecast period (2021-2027). The rising prevalence of functional gastrointestinal disorders (FGIDs), and gastric disorders majorly among the geriatric population globally is the major factor augmenting the growth of the gastroretentive drug delivery systems. The aged population is more susceptible to long-standing conditions such as dyspepsia, irritable bowel syndrome, inflammatory bowel disease (Crohn’s disease and ulcerative colitis), celiac disease, and GERD due to the weak immune system and aging factor. Whereas the increasing prevalence of gastric cancer is also the factor due to which the adoption of advanced drug delivery systems is gaining popularity. Among major economies, the US is the region with a large presence of people affected with gastric cancer, and this burden is increasing at an alarming rate. According to the American Cancer Society’s estimates, in 2021, in the US, there were 26,560 new cases of stomach cancer were found, among which 16,160 were in men, and 10,400 were in women. Due to increased cases of gastric cancer, and other gastric disorders, the key players are focusing on investing high expenditure on the development of new and advanced drug delivery systems.
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Moreover, the
rapid development in healthcare infrastructure, an increasing number of hospitals
and online pharmacies across the regions, and development in drug delivery
systems are also the prominent factors contributing to driving the market
growth.
Market
Coverage
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By Type
·
By
Dosage Forms
·
By
Distribution Channel
Regions
Covered-
·
North
America
·
Europe
·
Asia-Pacific
·
Rest of
the World
·
Competitive
Landscape- F. Hoffmann-La Roche AG, Sun Pharmaceutical Industries Ltd.,
GlaxoSmithKline PLC, Assertio Holdings, Inc., Alcon Vision LLC, Lupin, Pfizer
Inc., and others.
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full Report of Gastroretentive Drug Delivery Systems Market is Available
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Key questions
addressed by the report
·
What is
the market growth rate?
·
Which
segment and region dominate the market in the base year?
·
Which
segment and region will project the fastest growth in the market?
·
How
COVID-19 impacted the market?
·
Deviation
from the pre-COVID-19 forecast
·
Most
affected region and segment
·
Who is
the leader in the market?
·
How are
players addressing challenges to sustain growth?
·
Where
is the investment opportunity?
Global
Gastroretentive Drug Delivery Systems Market Report Segment
By Type
·
High-Density
Systems
·
Expandable
Drug Delivery Systems
·
Bioadhesive
Drug Delivery Systems
·
Floating
Drug Delivery Systems
·
Others
By Dosage
form
·
Capsule
·
Microspheres
·
Tablets
·
Liquid
·
Others
By
Distribution Channel
·
Retail
Pharmacies
·
Hospital
Pharmacies
·
Online
Pharmacies
Company
Profiles
·
Alcon
Vision LLC
·
Assertio
Holdings, Inc.
·
F.
Hoffmann La Roche
·
GlaxoSmithKline
PLC
·
Lupin
·
Pfizer
Inc
·
Pharmacia
·
Sun
Pharmaceutical Industries Ltd
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