PHARMACEUTICAL DRUG DELIVERY MARKET ANALYSIS
Global Pharmaceutical Drug Delivery Market- Regional Analysis
On the basis of region, global pharmaceutical drug delivery market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America is expected to hold dominant position in the global pharmaceutical drug delivery market, owing to increasing research and development activities in the region. For instance, in April 2019, Abbvie Pharmaceutical received an approval from U.S. Food and Drug Administration (FDA) for a new drug known as SKYRIZI (risankizumab), which is used for the treatment of Plaque Psorisis.
Furthermore, Asia Pacific is also projected to witness significant growth in the global pharmaceutical drug delivery market during the forecast period, owing to increasing new launches of products. For instance, in April 2019, Glenmark launched its anti-diabetic medicine (SGLT2 inhibitor Remogliflozin) in India. This drug is used for the treatment of type-2 diabetes mellitus in adults. It is administered via oral route.
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