A new market intelligence study by Transparency Market Research presents a detailed overview of the global market for injectable targeted therapy. The report is titled “Injectable Targeted Therapy Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020.” The market research study provides a comprehensive analysis of the market’s growth drivers, the challenges or factors limiting the market’s growth, the current market trends, the market structure, and also the market projections for the upcoming years. It also includes an analysis of the recent developments in technology, Porter’s five force model analysis, and a thorough profile of industry players leading the injectable targeted therapy market.
Injectable targeted therapy is used to decrease the frequency of the medication given to a patient and to make the drug’s effect more uniform. It also helps reduce the side effects of drugs and safely and accurately deliver the medicine to the desired location within the body.
The most important feature of injectable targeted drug delivery systems is controllable drug release. This form of drug delivery system is non-toxic, and is hence used for the treatment of several cardiovascular diseases, diabetes, respiratory diseases, and cancer, driving the injectable targeted therapy market. The injectable drugs primarily target hormonal imbalances, autoimmune diseases, and allergies. They are also used to treat rare diseases such as cystic fibrosis, RPI deficiency, hemophilia, and Wilson’s disease. Injectable targeted therapy can help in the effective management of pain and can also treat hepatitis C. Thus, the market for injectable targeted therapy is witnessing massive growth on account of the various applications and uses of injectable targeted drug delivery systems.
There are various types of delivery vehicles used in injectable targeted therapy, such as: liposomes, dendrimers, micelles, artificial DNA nanostructures, and biodegradable particles.
According to the report, what drives the injectable targeted therapy market is the growing number of disorders caused by sedentary lifestyles. The growing number of cancer patients all across the world is also set to propel the injectable targeted therapy market. The report predicts that the number of cancer patients is set to reach 24 mn by the end of 2035, boosting the market for injectable targeted therapy. New ventures and increased deals in targeted drug delivery are set to boost partnership research programs in the injectable targeted therapy market.
Japan is a leading regional player in the injectable targeted therapy market, since injectable targeted therapy is the preferred mode of drug delivery for oncology treatment in this region. Moreover, the demand for targeted drugs is set to grow in Asia Pacific and Rest of the World after achieving breakthroughs in cardiovascular diseases, respiratory diseases, and conditions such as diabetes.
Some of the key companies mentioned and profiled in the report for a better understanding of the strategies used in the injectable targeted therapy market are: SHL Group, Becton Dickinson, Ypsomed Holding AG, Schott AG, Terumo Medical Corp., Antares Pharma Inc., and Owen Mumford Ltd.
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