Bharat Book Bureau Provides the Trending Market Research Report on "North America Injectable Drug Delivery Market 2019-2028" under Drug Delivery category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

MARKET OUTLOOK

- Triton Market Research's report on the injectable drug delivery market in North America estimates it to grow at a CAGR of 8.26% during the forecast period. The United States and Canada together constitute the market in this region.
- The rising prevalence of cancer in the country is primarily driving Canada's injectable drug delivery market. The Canadian Cancer Society states that, nearly 202,400 new cases of cancers were diagnosed in the country in 2016. It is predicted that, 2 out of every 5 Canadians would be diagnosed with cancer in their lifetime, and 1 in 4 persons in the country will lose their life to the disease.
- Nanoparticle-based drug delivery systems are being looked upon as a promising solution for cancer treatment. These nanoparticles are the key elements of nanomedicines. In 2016, the Canada Foundation for Innovation revealed that, its University of Toronto Lab successfully created large, orally absorbable molecules from peptides for the treatment of IBD. It is also in the process of developing orally bioavailable solutions to eradicate cancer. Therefore, the steady rise in the cases of cancer, along with the need for effective treatment, is boosting the demand for effective drug delivery systems in Canada, which is directly influencing the growth of the Canadian market over the forecast period.

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COMPETITIVE OUTLOOK

Some of the eminent names in this market are Novo Nordisk A/S, Becton Dickinson and Company (BD), Baxter International Inc, Eli Lilly and Company, Elcam Medical, Teva Pharmaceuticals, Schott AG, and Ypsomed Holding AG.

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