Healthcare Drug Delivery Technologies Market | Page 2

REPORT DESCRIPTION
Drug Delivery Technologies Market – Overview
Drug delivery system is a method in which the therapeutic substances are delivered through general route
of administration to obtain the therapeutic effect in humans or animals. The correct dose of drugs release
their functional ingredients in the targeted area at the appropriate time. Drug delivery technologies helps to
improve the absorption, distribution, elimination, and drug release profile for developing the product safety
and efficiency. Drug delivery technologies are considered an important aspect of pharmaceutical products
which are often used by pharmaceutical companies for extending the product’s lifecycle.
Increasing prevalence of chronic diseases, growing demand for biologics, technological advancements, and
new product launches are some of the factors driving the growth of the market. According to the National
Center of Biotechnology Information (NCBI), in 2018, around 45%, or 133 million, Americans were
affected by one of the chronic diseases.