Business Opportunities in Drug Delivery
Drug Formulation Congress 2018 | Business Opportunities in Drug Delivery
The global market for Business Development of Drug Delivery Technology in
2010 was $131.6 billion and is expected to rise at a compound annual
growth rate (CAGR) of 5% and reach nearly $175.6 billion by 2016. The
U.S constituted approximately 59% of the total drug delivery market in
2010 and was $78 billion. It is forecast to reach nearly $103 billion in
2016 at a CAGR of 4.7%. Europe contributed about 27% of the total drug delivery market
in 2010 and was $36 billion and is expected to grow to $49 billion by
2016 at a CAGR of 5.6% in 2013, Drug Delivery Global market reached
$150.3 billion, according to BCC research. This was an increase from
$142 billion the previous year. Given its predicted annual growth the
market represents a considerable business opportunity, which has been
reflected in increasing number of drug delivery specialists. Consistent
quality and competitive costs of product improves Production performance
and continuity of supply and Product and technology auditing and due
diligence with minimizing Regulatory Issues, quality control, and
business development Business opportunities in drug delivery.
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