Top 11 Companies in the Pharmaceutical Drug Delivery Market

The global pharmaceutical drug delivery market reached a value of US$ 1,325 Billion in 2022. As per the analysis by IMARC Group, the key companies are actively engaged in advancing drug delivery technologies and introducing innovative solutions to improve patient outcomes. These companies are also focusing on developing novel drug delivery systems, which offer targeted and controlled release of medications and reduce dosing frequency. They are also incorporating biocompatible and biodegradable materials in drug delivery devices to improve safety. Apart from this, some of the key players are investing in nanotechnology-based drug delivery platforms to overcome biological barriers and enable efficient drug delivery to specific tissues or cells. They are also collaborating and forming alliances with other pharmaceutical companies and technology firms to accelerate research in this field. Looking forward, IMARC Group expects the market value to reach US$ 1,848 Billion by 2028, growing at a CAGR of 5.5% during the forecast period (2023-2028).

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List of Top Companies Operating in the Pharmaceutical Drug Delivery Industry Worldwide:

The global pharmaceutical drug delivery market has several major players including AbbVie Inc., Amgen Inc., AstraZeneca PLC, Becton Dickinson and Company, Eli Lilly and Company, GlaxoSmithKline Plc, Johnson & Johnson Services, Inc., Merck KGaA, Novartis AG, Pfizer Inc., Sanofi S.A. etc. More information about these companies has been provided below.

1. AbbVie Inc.

AbbVie Inc. focuses on discovering and delivering innovative medicines and solutions that can address complex health issues and enhance the lives of people. It is a research-based biopharmaceutical company treating conditions like chronic autoimmune diseases in rheumatology, gastroenterology, dermatology, and oncology. It invests considerably in R&D activities to introduce unique therapies and solutions and encounter medical challenges in the coming years.

2. Amgen Inc.

Amgen Inc. is one of the leading biotechnology companies that primarily focuses on high unmet medical needs and leverages its expertise to obtain solutions that improve health outcomes and dramatically improve the lives of people. It is committed to unlocking the potential of biology for patients that are suffering from serious illnesses by discovering, manufacturing and delivering innovative human therapeutics. It is also aiming to reduce the social and economic burden of disease in society.

3. AstraZeneca PLC

AstraZeneca PLC is a patient-focused pharmaceutical company dedicated to transforming the future of healthcare. It creates innovative medicines to offer the greatest benefit to patients, healthcare systems and societies globally. It is engaged in creating and introducing the next generation of therapeutics using an array of drug modalities, which include advanced biologics, nucleotide-based and cell therapies.

4. Becton Dickinson and Company

Becton Dickinson and Company is one of the leading medical technology companies in the world, which is engaged in enhancing medical discovery, diagnostics and the delivery of care. The company introduces innovative technology, services and solutions that aid in advancing both clinical therapy for patients and clinical processes and healthcare providers. With its 75,000 employees, the company is committed to enhance the safety and efficiency of clinicians' care delivery process, facilitate laboratory scientists in detecting disease accurately and advancing researchers' capabilities to develop the next generation of diagnostics and therapeutics.

5. Eli Lilly and Company

Eli Lilly and Company is engaged in discovering, developing, manufacturing, and selling products in the pharmaceutical products business segment. The company produces and distributes products through owned or leased facilities in the United States, Puerto Rico, and 25 other countries. It pursues pharmaceutical innovation, offers high-quality products and strives to provide superior business results.

6. GlaxoSmithKline Plc

GlaxoSmithKline Plc is a biopharma company with the objective of uniting science, technology and talent to combat diseases. The company primarily invests in four therapeutic areas, which include HIV, respiratory, infectious diseases, immunology, and oncology. It offers pharmaceutical medicines, vaccines, and consumer healthcare products.

7. Johnson & Johnson Services, Inc.

Johnson & Johnson Services, Inc. is a holding company engaged in the research and development (R&D), manufacturing and selling of products in the healthcare field. It primarily operates through different segments, including consumer, pharmaceutical, and medical devices. Amongst these, the consumer segment includes products used in baby care, oral care, over-the-counter pharmaceutical, women's health, and wound care. The pharmaceutical segment focuses on therapeutic areas, which include immunology, infectious diseases, neuroscience, oncology, cardiovascular and metabolism, and pulmonary hypertension.

8. Merck KGaA

Merck KGaA is one of the leading science and technology companies engaged in the manufacturing of pharmaceutical and chemical products. It mainly operates through healthcare, life science, and performance materials. The healthcare sector is engaged in discovering, developing, and producing prescription medicines that are used to treat cancer, multiple sclerosis, and infertility. The company offers pharma and biopharma manufacturing, pharma quality control, pharmaceutical research, and government and academic research services.

9. Novartis AG

Novartis AG aims to reimagine medicine and improve and extend the lives of people around the world. The company relies on innovative science and technology to address some of the challenging healthcare issues. It focuses on building a leading, focused medicines company that is powered by advanced therapy platforms and data science.

10. Pfizer Inc.

Pfizer Inc. is one of the leading research-based pharmaceutical and biomedical companies that is engaged in discovering, developing, manufacturing and marketing prescription medicines. It provides medicines, vaccines, medical devices, and consumer healthcare products for inflammation, cardiovascular, oncology, and other therapeutic areas. It focuses on changing the lives of patients by innovating unique products that make the world a healthier place.

11. Sanofi S.A.

Sanofi S.A. engages in researching, manufacturing and distributing pharmaceutical products. It operates through three segments, including vaccines, pharmaceuticals and consumer healthcare. Among these, the pharmaceutical segment consists of the commercial operations of specialty care, diabetes and cardiovascular, established prescription products and generics, and research, development, and production activities. The consumer healthcare includes the commercial operations for its healthcare products and the vaccines segment comprises the commercial operations of Sanofi Pasteur.

Get an inside look at the global pharmaceutical drug delivery market with exclusive insights, including: 

• CAGR projections during the 2023-2028 forecast period 
• In-depth information on the factors that will fuel the pharmaceutical drug delivery market growth in the next five years 
• Precise predictions regarding upcoming trends and potential changes in consumer behavior 
• Analysis of the pharmaceutical drug delivery industry's expansion at the regional and global level
• A thorough review of the market's competitive landscape and detailed information on key players 
• Detailed explanations of the challenges that could impede the growth of the pharmaceutical drug delivery market

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