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Snapshot of Innovations in R&D Targeting Key Applications of Drug Delivery Technologies
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The drug delivery market has witnessed immense growth in the last decade due to the penetration of drug delivery technologies in varied applications ranging from medicine to cosmetics. Increasing presence of technology manufacturers, rise in demand for novel products to deliver drugs and a diverse portfolio of technologies from key stakeholders combined with newer licensing agreements and partnerships has resulted in a steady growth of this market. The research study covers the market share assessment of the most common routes of drug administration that range from oral route of administration to most recent developments in transdermal drug delivery. Key market drivers and challenges section details the factors that are likely to hold key in the success of drug delivery systems across various industries apart from medicine. The research study further details the adoption of these technologies in regions of North America, Europe and Asia-Pacific, explaining the likelihood of adoption of individual routes of administration in these regions. A number of medical and non-medical applications have been presented that also include key innovators in these segments. Finally, a number of technology management strategies and an emerging technology road map has been set forth to explore the opportunity evaluation in this market.
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