The World Market for Drug Delivery Technologies will reach $159.3bn in 2015, says Visiongain study

LONDON - Sept. 2, 2015 - PRLog -- LONDON, UK. 15th of June 2015: A new report by visiongain predicts that the world market for drug delivery technologies will reach $159.3bn in 2015. This forecast and others appear in visiongain’s Drug Delivery Technologies Market Forecast 2015-2025: Prospects for Leading Companies published in June 2015. Visiongain is a leading business intelligence provider based in London, UK.

The market for drug delivery technologies has experienced strong growth in recent years, and visiongain expects this growth to continue over the forecast period (2015-2025). The market will be boosted by the increasing number of biological drugs on the market as they are inherently difficult to administer by traditional drug delivery methods. Furthermore, the use of vaccines with innovative delivery platforms such as nasal sprays and transdermal patches is set to expand significantly over the next decade.

Transdermal and injectable drug delivery technologies will witness the highest growth over the forecast period, obtaining market shares from oral drug delivery technologies. A number of manufacturers are increasingly shifting their focus to biological drugs, which normally require injection. For example, Eli Lilly is strengthening its pipeline of biological drugs and a new drug delivery innovation centre will be built.

Developed countries in North America and Europe are currently dominating the drug delivery technologies market. Emerging markets such as China and India continue to grow rapidly, obtaining market share from western countries.

The Drug Delivery Technology Market Forecast 2015-2025: Prospects for Leading Companies report will be of value to current and future potential investors into the drug delivery technology sector, as well as companies and research centres who wish to broaden their knowledge of the drug delivery technology market.

For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com

Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.