The global demand for Gastroretentive Drug Delivery Systems Market is presumed to reach the market size of nearly USD 28.67 BN by 2030 from USD 15.04 BN in 2022 with a CAGR of 8.4% under the study period 2023 - 2030.
Gastroretentive drug delivery systems increase the concentration of medication at the application site, potentially boosting its bioavailability and lowering the required dosage by extending the gastric retention period and controlled/sustained release. Gastroretentive Drug Delivery (GRDD) technology has evolved as an effective method for delivering a variety of medicinal compounds in a regulated manner that improves bioavailability. The gastroretentive drugs keep medications from being absorbed and provide local therapy in the small intestine and stomach. The procedure can be used to treat a variety of problems involving the small intestine and stomach.
Market Dynamics
The rising global burden of disease, combined with the well-established efficacy of gastroretentive drug delivery systems in treating various gastric disorders like peptic ulcers and gastric ulcers, is expected to propel the global gastroretentive drug delivery systems market forward in the coming years. In addition, the increased prevalence of H. Pylori infection, which can lead to gastritis, gastric cancer, and gastroduodenal ulcer disease, is projected to boost demand for gastroretentive drug delivery systems over the years. These GRDDSs have many advantages, including increased medication bioavailability and curative efficacy. The GRDDS reduces the risk of medicine overexposure at the affected location by being controlled and systematic. It also has a higher efficiency because the body's counter-activity is lessened. As a result, various benefits associated with gastroretentive DDSs are expected to drive market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of gastroretentive drug delivery systems. The growth and trends of gastroretentive drug delivery systems industry provide a holistic approach to this study.
Market Segmentation
This section of the gastroretentive drug delivery systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- High Density System
- Expandable Drug Delivery System
- Bioadhesive Drug Delivery System
- Floating Drug Delivery System
- Others
By Dosage Form
- Tablets
- Liquid
- Microspheres
- Capsule
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Gastroretentive Drug Delivery Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Gastroretentive Drug Delivery Systems Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Gastroretentive Drug Delivery Systems market include F. Hoffmann La Roche, Glaxo Smith Kline, Lupin, Pfizer, Sun Pharma, Ranbaxy, Depomed, Galanix, Pharmacia. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.