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Gastroretentive Drug Delivery Systems Market Analysis by 2028

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Michael Jaikishan
Gastroretentive Drug Delivery Systems Market Analysis by 2028

The gastroretentive drug delivery systems market is expected to witness market growth at a rate of 6.40% in the forecast period of 2021 to 2028. Data Bridge Market Research report on gastroretentive drug delivery systems market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid advancements in the healthcare sector globally is escalating the growth of gastroretentive drug delivery systems market.

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Gastroretentive drug delivery is a system to deal with delay gastric home time by focusing in the vicinity explicit drugs discharge in the upper gastrointestinal lot (GIT) for foundational or neighborhood impacts. It is achieved by holding measurement structure into stomach and by delivering the drugs in controlled way. The dosage of drug is categorized into capsule, microspheres, liquid, tablets, and others.

The increase in the burden of disease across the globe acts as one of the major factors driving the growth of gastroretentive drug delivery systems market. The rise in the initiatives taken by the pharmaceuticals such as investments in the developing gastroretentive drug delivery systems (DDSs), and rise in demand for the drugs because of improved bioavailability as well as reduction in the essential required dosage accelerate the market growth.

North America dominates the gastroretentive drug delivery systems market because of the adoption of improved gastroretentive drug delivery solutions and follow-up of advanced treatment methods in healthcare within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the surge in spending on research and development activities in emerging countries such as Singapore and Japan.

The major players covered in the gastroretentive drug delivery systems market report are Antares Pharma, Novartis AG, 3M, Sulzer Ltd, Gerresheimer AG, Sanofi, Johnson & Johnson Services, Inc., Bayer AG, GlaxoSmithKline plc, Novosanis, MEDMIX SYSTEMS AG, Merck & Co., Inc., Pfizer Inc., Insulet Corporation, OraSure Technologies, Inc., Enable Injections, West Pharmaceutical Services, Inc., SMC Ltd., ViVO Smart Medical Devices Ltd., Cipla Inc., BD, and F. Hoffmann-La Roche Ltd, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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