Global Advanced Drug Delivery Systems Market: Regional Insights
Based on geography, the global advanced drug delivery systems market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Among regions, North America is expected to gain highest share in the market over the forecast period owing to the increasing prevalence of chronic diseases and high adoption of improved drug delivery solutions in the region. For instance, heart disease is one of the leading cause of death in the United States. According to the Centers for Disease Control and Prevention (CDC), one person dies every 34 seconds from heart disease in the United States. More than 697,000 people in the U.S. died from heart disease in 2020, that's 1 in every 5 deaths.
Asia Pacific is also expected to witness significant growth in the global advanced drug delivery systems market owing to the rise in disease prevalence and growing inclination toward self-administration of drugs in the region. One in every 5 Indians below 45 have at least one morbid condition. For instance, two in every three senior citizens in India suffer from some chronic disease, according to the first Longitudinal Ageing Study in India (LASI) released by the Union Ministry of Family and Health Welfare in January 2020.
Advanced Drug Delivery Systems Market Report Snapshots
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