Global Advanced Drug Delivery CDMO Market Size, Share, Demand and Growth Opportunities by 2027
Advanced drug delivery systems are being used globally for targeted and controlled release of novel molecules in tissues and cells to optimize their potential advantages for patients.
Various Benefits Provided by Advanced Drug Delivery Systems Propels the Advanced Drug Delivery CDMO Market Demand
Advanced drug delivery systems have emerged as an easy and as an accurate method of delivering the drug to a particular site. These systems provide key benefits over the traditional systems such as targeted and controlled release of new molecules to sites, consistent absorption of the drug, no need of frequent dosing, reduced variability in systemic drug concentrations, and reduction in toxic metabolites. Advanced drug delivery systems optimize drug performance and help to deliver positive results, which has led to an increased demand for advanced drug delivery CDMOs.
“Advanced drug delivery CDMOs will play a major role in advancing the science of drug delivery. The advanced drug delivery technologies will make medicines which are easier to use, and need less frequent dosing, which will enable patients to spend less time managing their diseases.”-Senior Scientist, Advanced Drug Delivery CDMO, USA
Investments by Private Equity Companies in Advanced Drug Delivery CDMOs Triggers the Advanced Drug Delivery CDMO Market Growth
Seeing the potential growth opportunities in the advanced drug delivery systems market, leading private equity companies and investors have invested heavily in the advanced drug delivery CDMO market.
Competitive Landscape Analysis: Advanced Drug Delivery CDMO Market
Some of the key and established players operating in the global advanced drug delivery CDMO market are Evonik Health Care, SHL Medical, Lubrizol Life Science, Acino International AG, Pharmathen, Phillips-Medisize.
Aggressive Growth Strategies Implemented by the Key Market Players to Establish Their Foothold in the Advanced Drug Delivery CDMO Market
All leading players operating in the advanced drug delivery CDMO market are adopting efficient growth strategies such as acquiring related firms, launching new products and entering into partnerships with other stakeholders to garner a higher market share.
For instance,
- In July 2023, SHL Medical, a key provider of advanced drug delivery solutions acquired LCA Automation, a Swiss automation solutions provider. The acquisition of LCA Automation is aligned with SHL Medical’s strategy to cater to the rising market demand for drug delivery solutions, expand its geographic presence and boost its vertical capabilities.
The global advanced drug delivery CDMO market is set to experience a lucrative growth in the upcoming years due to growing investments by private equity companies and investors, adoption of controlled-release drug delivery systems by patient populations, and organic and inorganic growth strategies adopted by the key market players.
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