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Middle East & Africa Drug Delivery Market
No. of Pages: 203 | Report Code: BMIRE00028760 | Category: Life Sciences
No. of Pages: 203 | Report Code: BMIRE00028760 | Category: Life Sciences
Companies operating in the drug delivery systems market constantly focus on strategic developments such as collaboration, agreements, partnerships, and new product launches, which help them improve their sales. The new product launches are mainly directed toward increased security, user-friendly features, better dosing capabilities, etc., to attract a large patient base. Through improved dosing capabilities, drug delivery systems complement the therapeutic outcomes and increase the potential of disease management in home care settings. There are a few noteworthy developments in the drug delivery market. In November 2020, Medtronic launched InPen integrated with real-time Guardian Connect CGM data. The product provides real-time glucose readings alongside insulin dose information. In March 2021, Jabil Healthcare, a division of Jabil Inc., entered a strategic collaboration agreement with E3D, a global drug delivery device company and a member of the Elcam Medical Group. Under the terms of this deal, Jabil has secured exclusive rights to use E3D’s reusable mechanical auto-injector for the development of high-volume reusable auto-injector and connected variants. In April 2021, KINDEVA DRUG DELIVERY collaborated with Cambridge Healthcare Innovations Limited (CHI) to develop and commercialize CHI’s αeolus dry-powder inhaler (DPI) platform technology. In November 2021, Ypsomed launched YpsoMate and claimed it as the world’s first auto-injector for prefilled syringes with integrated connectivity. YpsoMate can be used for self-administration of therapeutics. In June 2022, EVERSANA and Accord BioPharma partnered to support the launch of CAMCEVI (leuprolide) 42mg injection emulsion for the treatment of advanced prostate cancer in adults. In October 2022, Aenova Group and Microcaps partnered to accelerate and improve the process of development and production of pharmaceuticals, food supplements, and many other products. The Aenova Group is a globally operating contract manufacturer and development service provider for the pharmaceutical and healthcare industries. Microcaps is an innovative Swiss start-up company that has developed a novel, high-precision, and scalable microencapsulation technology. Together, they focus on offering a broader range of new product development and life cycle management solutions for microcapsule and conventional capsule formulations, such as enhanced taste masking, controlled release, targeted release, increased bioavailability, and improved active pharmaceutical ingredient stability. In March 2023, Stevanato Group collaborated with Recipharm to develop and manufacture pre-fillable syringes that would be integrated into a new soft mist inhaler for inhaling sensitive biological products. The new strategic collaboration aims to provide innovative primary packaging to pharmaceutical and biopharmaceutical companies using Recipharm’s proprietary soft mist inhalers.
Thus, the rise in strategic developments and product launches is expected to invite new growth trends in the Middle East & Africa drug delivery market in the coming years.
The drug delivery market in the Middle East & Africa is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The market growth in this region is attributed to the increasing prevalence of diabetes and other chronic diseases and rising number of initiatives led by the government and other organizations to spread awareness among people. Additionally, increasing efforts of companies toward adopting drug delivery technology are contributing to the growth of the drug delivery market in the Middle East & Africa.
Strategic insights for the Middle East & Africa Drug Delivery provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Drug Delivery refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Drug Delivery Strategic Insights
Middle East & Africa Drug Delivery Report Scope
Report Attribute
Details
Market size in 2023
US$ 88,195.85 Million
Market Size by 2028
US$ 1,19,118.15 Million
Global CAGR (2023 - 2028)
6.2%
Historical Data
2021-2022
Forecast period
2024-2028
Segments Covered
By Route of Administration
By Distribution Channel
By End User
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Drug Delivery Regional Insights
Middle East & Africa Drug Delivery Market Segmentation
The Middle East & Africa drug delivery market is segmented into route of administration, distribution channel, end user, and country.
Based on route of administration, the Middle East & Africa drug delivery market is segmented into injectable drug delivery, oral drug delivery, transmucosal drug delivery, topical drug delivery, implantable drug delivery, and ocular drug delivery. The injectable drug delivery segment held a larger share of the Middle East & Africa drug delivery market in 2023.
Based on distribution channel, the Middle East & Africa drug delivery market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment held the largest share of the Middle East & Africa drug delivery market in 2023.
Based on end user, the Middle East & Africa drug delivery market is segmented into hospitals and clinics, home care settings, and other end user. The hospitals and clinics segment held the largest share of the Middle East & Africa drug delivery market in 2023.
Based on country, the Middle East & Africa drug delivery market is segmented into the UAE, Saudi Arabia, South Africa, the Rest of Middle East & Africa. The UAE dominated the share of the Middle East & Africa drug delivery market in 2023.
Bausch Health Companies Inc, Baxter International Inc, Becton Dickinson and Co, Boehringer Ingelheim International GmbH, Boston Scientific Corp, GlaxoSmithKline Plc, Johnson & Johnson, Novartis AG, Novo Nordisk AS, and Pfizer Inc are the leading companies operating in the Middle East & Africa drug delivery market.
The Middle East & Africa Drug Delivery Market is valued at US$ 88,195.85 Million in 2023, it is projected to reach US$ 1,19,118.15 Million by 2028.
As per our report Middle East & Africa Drug Delivery Market, the market size is valued at US$ 88,195.85 Million in 2023, projecting it to reach US$ 1,19,118.15 Million by 2028. This translates to a CAGR of approximately 6.2% during the forecast period.
The Middle East & Africa Drug Delivery Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Drug Delivery Market report:
The Middle East & Africa Drug Delivery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Drug Delivery Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Drug Delivery Market value chain can benefit from the information contained in a comprehensive market report.