Drug Delivery Equipments and Machinery

Equipment and machinery required for the drug delivery process includes testing equipment, analytical equipment, auto injectors, semi-automatic equipment, R&D equipment, high volume manufacturing machinery, drug delivery pilot gear, etc. The demand for drug delivery technologies is expected to hit USD 1.504.7 trillion from USD 1.048.1 trillion by 2020, growing from 2015 to 2020 at a CAGR of 7.5 per cent. Growing prevalence of chronic diseases, biologics demand rise, new product releases, vaccine innovation and technical advancements are fueling this business development. In comparison, patent expiry and patent cliff, increasing the number of accidents and side effects, are slowing this market's expansion.

 

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