Controlled release drug delivery system is the dosage form which delivers drug or medication in predetermined manner. Controlled drug delivery system provides continuous drug or medication delivery in reproducible and predictable kinetics for specific time period. This system has many benefits including improved stability of drug, lower dose requirement, improved drug safety and efficacy, enhanced patient compliance, and higher bioavailability.
Rise in advancements in drug delivery systems which is mechanically strong, and comfortable for patient is expected to boost the global controlled release drug delivery system market growth. In other hand, rise in demand from paediatric, and geriatric population is expected to propel the growth of global controlled release drug delivery system market. Furthermore, increase in investments in research and development activities is expected to drive the global controlled release drug delivery system market.
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However, Side effects and non-biocompatibility of the materials are the restraining factors for market which is expected to hamper the global controlled release drug delivery system market growth.
Global Controlled Release Drug Delivery System Market Segmentation
Global Controlled Release Drug Delivery System Market is segmented into technology such as Wurster Technique, Coacervation, Micro Encapsulation, Implants, Transdermal, and Others, by application such as Metered Dose Inhalers, Injectable, Transdermal and Ocular Patches, Infusion Pumps, and Others.
Also, Global Controlled Release Drug Delivery System Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Africa.
Global Controlled Release Drug Delivery System Market Key Competitors
Various key competitors are discussed in this report such as Orbis Biosciences, Merck and Co. Inc., Alkermes Plc., Johnson and Johnson, Coating Place Inc., Corium International Inc., Depomed Inc., Pfizer Inc., and Capsugel.
Global Controlled Release Drug Delivery System Market Taxonomy
- Wurster Technique
- Micro Encapsulation
- Metered Dose Inhalers
- Transdermal and Ocular Patches
- Infusion Pumps
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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