According to the latest IMARC group report, titled “Drug Device Combination Products Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026,”” the Combination Drug Device Market grow at a CAGR of XX% during 2021-2026.
Combination drug device products include medical devices and pharmaceutical ingredients that help deliver the drug to a preferred location in the patient’s body. They include drug-eluting stents, infusion pumps, inhalers, transdermal delivery systems, and pre-filled syringes. They have minimal side effects and offer benefits such as controlled drug delivery and better patient compliance.
Like the novel coronavirus (COVID-19) the crisis is taking hold of the world, we are constantly monitoring changes in the markets, as well as the industrial behavior of consumers around the world and our estimates on the latest trends and market forecasts are made after taking into account the impact of this pandemic.
Combination Drug Device Market Tendencies:
The increasing prevalence of chronic diseases, such as asthma, cancer, diabetes, and cardiovascular disorders is one of the key factors in the market. In addition, growing preferences for smart and accurate drug delivery systems, which minimize the amount of drug required for therapeutic efficacy, are driving the demand for drug device combination products around the world. In addition to this, several market players are introducing advanced technologies for tracking and monitoring different products. They are also dedicated to significant research and development (R&D) activities to develop new generation products with high viscosity and formulations. Besides, the increasing popularity of minimally invasive surgery (MIS) and portable devices such as nebulizers and inhalers are other growth factors which are positively influencing the market.
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Combination Drug Device Market Analysis and segmentation 2021-2026:
The competitive landscape of the market has been studied in the report along with the detailed profiles of the major players operating in the market.
Abbott Laboratories, Baxter International Inc., Bayer AG, Becton Dickinson and Company, Boston Scientific Corporation, GlaxoSmithKline plc, Johnson & Johnson, Medtronic plc, Novartis AG, Smith & Nephew plc, Stryker Corporation and Terumo Corporation.
The report has segmented the market on the basis of region, disc type, material type, and end user.
Breakdown by product:
- Drug-eluting stents
- Transdermal patches
- Infusion pumps
- Drug elution balloon
Breakdown by application:
- Cancer treatment
- Respiratory diseases
Breakdown by end user:
- Ambulatory surgery centers
Breakdown by region:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
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