Global Solid Formulations Drug Delivery Market Report, History and Forecast 2017-2028, Breakdown Data by Companies, Key Regions, Types and Application

Solid Formulations are a solid body drug delivery system of various weights and shapes, adapted for introduction into orifices of the human body.4 The external membrane of the suppository will typically melt, soften, or dissolve at body temperature which allows the active ingredient to then be absorbed by the surrounding tissue. Suppository bases usually employed are cocoa butter, glycerinated gelatin, hydrogenated vegetable oils, mixtures of polyethylene glycols of various molecular weights, and fatty acid esters of polyethylene glycol. The suppository base employed has a marked influence on the release of the active ingredient incorporated in it.
Market Insights

The research report studies the Solid Formulations Drug Delivery market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.

Due to the COVID-19 pandemic, the global Solid Formulations Drug Delivery market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028.

The global main companies of Solid Formulations Drug Delivery include Pfizer, Teva Pharmaceuticals, Bristol Myers Squibb, Lead Chemical, Purdue Pharma, Glenmark Pharmaceuticals, Galderma, Johnson & Johnson Private and GlaxoSmithKline, etc. In 2021, the global six largest players have a share approximately % in terms of revenue.

The North America Solid Formulations Drug Delivery market is estimated at US$ million in 2021, while China is forecast to reach US$ million by 2028. The proportion of the China is % in 2021 and it is predicted that the share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Europe Solid Formulations Drug Delivery landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

Powders accounting for % of the Solid Formulations Drug Delivery global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Home Care Settings segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.

Segment Scope

An intensive study of key type and application segments has been done in this segmentation section. The authors of the report have provided reliable figures including revenue forecast data by type and application for the period 2017-2028. They have also studied how the segments are gaining or losing growth in various geographies and their respective countries. Thanks to this study, readers can thoroughly grasp the growth pattern and potential of different segments.

Segment by Type

Powders

Suppositories

Segment by Application

Home Care Settings

Hospitals & Clinics

Burn Centers

Other Facilities

Regional Scope

This segment of the report offers a thorough regional study of the global Solid Formulations Drug Delivery market. Drivers and restraints for each region are broadly examined in the report. Readers will get familiar with the driving forces and challenges that are specific to the regions. The specialists have identified growth opportunities in key geographical regions and their respective countries to aid players to reinforce their presence. All the regions and their countries in the report are assessed based on the growth rate and revenue according to the consumption for the period 2017-2028. This geographical analysis will help readers to gain in-depth knowledge of the regional growth. The key geographical regions surveyed in this research report involve North America, Europe, Asia Pacific, Central and South America, and Middle East and Africa. The report has specifically covered major countries including United States, Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.

Key Players

This section has provided an exhaustive analysis of the strategies that the companies are focusing on to stay ahead of other players. The strategies mainly involve research and development, new product developments, and mergers and acquisitions. The researchers have also provided revenue shares of the key companies, company overview, and the latest company developments so as to help players to sustain the cutthroat competition. In this section, the report offers global revenue data of manufacturers for the period 2017-2022. Following is the list of key manufacturers observed in this research study:

Pfizer

Teva Pharmaceuticals

Bristol Myers Squibb

Lead Chemical

Purdue Pharma

Glenmark Pharmaceuticals

Galderma

Johnson & Johnson Private

GlaxoSmithKline

Bausch Health Companies

Hisamitsu Pharmaceuticals

Cipla

Bayer

Viatris

3M

Merck & Co

Crescita Therpeautics

Novartis International

Boehringer Ingelheim

Frequently Asked Questions

Which application segment captured the leading share in the Solid Formulations Drug Delivery market?

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What is the expected Solid Formulations Drug Delivery market size by 2028?

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