Major Challenges in Drug Delivery

By focusing on challenges and opportunities in the drug-delivery technology market there is an increasing demand for effective and, ideally, non-invasive drug-delivery methods. This is especially the case for the biopharmaceutical sector, which has experienced an overwhelming growth due to advances in biotechnology. In 2009, over $12 billion were invested in biologics / biotechnology research and development (R&D), representing a 26% share in the total R&D expenditure. A recent report by the Pharmaceutical Research and Manufacturers of America (PhRMA) states that in 2015 there were 901 biological in development, targeting more than 100 diseases.

The drug delivery technology market is expected to reach USD 1,504.7 Billion by 2020 from USD 1,048.1 Billion in 2015, growing at a CAGR of 7.5% from 2015 to 2020. Factors such as rising prevalence of chronic diseases, growth of the biologics market, new product launches, and drug innovation and technological advancements are driving the growth of this market. On the other hand, patent expiry and patent cliff, increase in the injuries and side effects are hindering the growth of this market.

 

  • Reducing Patient Compliance
  • Drug Delivery of poorly soluble drugs
  • Self-emulsifying drug delivery systems (SEDDS)
  • Overcoming challenges in pediatric drug delivery
  • Controlling the addictive nature of drugs
  • Polymeric enhancement

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