This report describes the global market size of microneedle drug delivery systems market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and it is expected to grow with a CAGR of 7.6% from 2023 to 2030.
Microneedles are a type of transdermal drug delivery system that does not cause discomfort, is not as intrusive as other methods, is simple to use for self-administration, and has a high drug bioavailability. Due to safer alternatives to conventional hypodermic injection, which is minimally invasive and allows for painless administration, there is a rising need for microneedle drug delivery devices. Additionally, the industry demand is being driven by the rising incidence of diabetes. Additionally, the market is expanding due to the use of smart devices and technological advancements like AI and data analytics.
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Key players operating in the global Microneedle Drug Delivery Systems market are: Raphas, Novartis International AG, Becton Dickinson and Company, B. Braun, Nanopass technologies limited, Termo, Mitsubishi Chemical Holdings Corporation, Abbott, Smiths Medical, Cardinal Health, Siemens Healthineers AG., others.
Market can be divided based on product types and its sub-type, major applications and Third-Party usage area, and important regions.
By Type
Solid
Hollow
Dissolving
Coated
Others
By Material
Silicon
Metal
Polymer
Others
By Application
Dermatology
Drug Delivery
Pain Management
Cancer Therapy
Vaccine Delivery
Others
Investigator Observers Strong Growth in Specific Regions:
-Europe Market (Germany, UK, France, Russia, Italy)
-Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
-South America Market (Brazil, Argentina, Colombia)
-North America Market (United States, Canada, Mexico)
-Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
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