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The oral controlled release drug delivery technology market deals with tools designed to deliver a drug in a controlled and predictable manner over a period or at a predetermined position in the gastrointestinal tract. Oral dosage forms are preferred for their convenience and cost-effectiveness. Increasing demand for specialized oral dosage forms like pediatric or geriatric tablets with controlled release drug delivery systems, the adoption rate of developed technologies like nanotechnology, osmotically controlled release, and hydrophilic ion exchange are the major factors driving the oral controlled release drug delivery technology market. Also, increasing approval of modified and extended-release oral dosage forms by different health ministries around the globe is another driving factor for the market.
Again, the introduction of super generics, innovative launches, and an increasing number of contract manufacturing facilities for oral solid dosage forms and liquid forms are expected to expand the market further. However, the low pipeline productivity of oral solids is a significant factor that further restraining market growth. Growing research on biological molecules and their dominance in the treatment of oncology conditions are hindering the market's growth. However, techniques like 3D printing can be used to produce multiple dosages at a small scale and improve drug formulations, creating a lucrative opportunity to foster the market further.
Published by Laxmi Narayan
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Stats ID: | 6719 |
Format: | Databook |
Published: | December 2024 |
Delivery: | Immediate |
Stats ID: | 6719 |
Format: | Databook |
Published: | December 2024 |
Delivery: | Immediate |
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