Lucintel’s latest market report analyzed that pharmaceutical drug delivery provides attractive opportunities in the hospital, ambulatory service, and home healthcare industries. The pharmaceutical drug delivery market is expected to reach $2.3 billion by 2028 with a CAGR of 5%. In this market, cancer is the largest segment by application, whereas hospital is largest by end use industry.
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Based on application, the pharmaceutical drug delivery market is segmented into cardiovascular, diabetes, cancer, and infectious diseases. The cancer segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to rising prevalence of cancer among the population.
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The Pharmaceutical Drug Delivery Market is marked by the presence of several big and small players. Some of the prominent players offering pharmaceutical drug delivery include Bayer, Becton, F. Hoffmann-La Roche,GlaxoSmithKline, Johnson & Johnson, Novartis, and 3M.
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