Drug Delivery Equipment’s and Machinery
Equipment and Machinery which are required for the process of Drug Delivery involves Laboratory equipment's, Analytical equipment's, Auto Injectors, Semi-Automatic, R&D Equipment, Large volume Production Machineries and Drug Delivery Pilot hardware'sand so on. The drug delivery technology market is likely to reach USD 1,504.7 Billion by 2020 from USD 1,048.1 Billion, growing at a CAGR of 7.5% from 2015 to 2020. Increased prevalence of chronic diseases, growth of the biologics market, new product launches, drug innovation and technological advancements are raising the growth of this market. On the other hand, patent expiry and patent cliff, increase in the number of injuries and side effects, are delaying the growth of this market.