The Latin America, Middle East and Africa Controlled Release Drug Delivery Market would witness market growth of 12.8% CAGR during the forecast period (2023-2030).
Because of the sharp increase in patients, it is anticipated that demand for controlled release medication delivery systems will increase. The risk of overdosing in older patients is reduced because of controlled release drug delivery, which also allows for dose reduction. Dysphagia in the elderly or the bad taste of children's treatments or medications are intended to spur the adoption of the controlled release drug delivery system.
The market is being driven by factors such as an increase in the number of abbreviated new drug application (ANDA) and new drug applications (NDA), increased research and development techniques, the presence of key market players, and an expanding patient base. The market is also anticipated to increase as key players increasingly focus on growing their businesses as a result of cheap manufacturing costs.
In 2021, 73 million people aged between 20–79 in the Middle East and North Africa region had diabetes, according to the International Diabetes Federation (IDF). Moreover, it is expected that by 2045, 136 million people will live with diabetes in this region. Approximately 27 million individuals with diabetes are undiagnosed, making up 38% of all adult patients with the condition. In this region, 48 million adults have impaired glucose tolerance (IGT), which increases the risk of developing type 2 diabetes.
About 796,000 people died in 2021 as a result of diabetes. Because of these, a greater emphasis is placed on developing transdermal targeted delivery patches for diabetic patients of the region. The demand for therapeutic interventions in managing conditions like diabetes is therefore increased As a result, the LAMEA region's market is expanding due to the presence of a sizable patient base, as well as improved healthcare facilities and disposable incomes.
The Brazil market dominated the LAMEA Controlled Release Drug Delivery Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,617.3 million by 2030. The Argentina market is showcasing a CAGR of 13.4% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 12.5% during (2023 - 2030).
Based on Release Mechanism, the market is segmented into Feedback Regulated Drug Delivery Systems, Activation-modulated Drug Delivery Systems, Chemically Activated, Polymer Based Systems and Micro Reservoir Partition Controlled Drug Delivery Systems. Based on Technology, the market is segmented into Targeted Delivery, Coacervation, Micro Encapsulation, Transdermal, Implants, Wurster Technique and Others. Based on Application, the market is segmented into Oral Controlled-drug delivery Systems, Metered Dose Inhalers, Injectable, Transdermal & Ocular Patches and Infusion Pumps & Drug Eluting Stents. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Controlled Release Drug Delivery Market is Projected to reach USD 106.3 Billion by 2030, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Merck & Co., Inc., Alkermes PLC, Pfizer, Inc., Assertio Holdings, Inc. (Assertio Therapeutics, Inc.), Lonza Group AG (Capsugel), Colorcon, Inc. (BPSI Holdings LLC.), Corium, LLC (Gurnet Point Capital), Adare Pharma Solutions, and Coating Place, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Release Mechanism
- Feedback Regulated Drug Delivery Systems
- Activation-modulated Drug Delivery Systems
- Chemically Activated
- Polymer Based Systems
- Micro Reservoir Partition Controlled Drug Delivery Systems
By Technology
- Targeted Delivery
- Coacervation
- Micro Encapsulation
- Transdermal
- Implants
- Wurster Technique
- Others
By Application
- Oral Controlled-drug delivery Systems
- Metered Dose Inhalers
- Injectable
- Transdermal & Ocular Patches
- Infusion Pumps & Drug Eluting Stents
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson
- Merck & Co., Inc.
- Alkermes PLC
- Pfizer, Inc.
- Assertio Holdings, Inc. (Assertio Therapeutics, Inc.)
- Lonza Group AG (Capsugel)
- Colorcon, Inc. (BPSI Holdings LLC.)
- Corium, LLC (Gurnet Point Capital)
- Adare Pharma Solutions
- Coating Place, Inc.
TABLE 1 LAMEA Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 4 LAMEA Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 5 LAMEA Feedback Regulated Drug Delivery Systems Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Feedback Regulated Drug Delivery Systems Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Activation-modulated Drug Delivery Systems Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Activation-modulated Drug Delivery Systems Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Chemically Activated Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Chemically Activated Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Polymer Based Systems Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Polymer Based Systems Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Micro Reservoir Partition Controlled Drug Delivery Systems Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Micro Reservoir Partition Controlled Drug Delivery Systems Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 16 LAMEA Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 17 LAMEA Targeted Delivery Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Targeted Delivery Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Coacervation Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Coacervation Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Micro Encapsulation Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Micro Encapsulation Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Transdermal Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Transdermal Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Implants Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Implants Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Wurster Technique Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Wurster Technique Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 32 LAMEA Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 33 LAMEA Oral Controlled-drug delivery Systems Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Oral Controlled-drug delivery Systems Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Metered Dose Inhalers Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Metered Dose Inhalers Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Injectable Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Injectable Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Transdermal & Ocular Patches Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Transdermal & Ocular Patches Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Infusion Pumps & Drug Eluting Stents Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Infusion Pumps & Drug Eluting Stents Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Controlled Release Drug Delivery Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Controlled Release Drug Delivery Market by Country, 2023 - 2030, USD Million
TABLE 45 Brazil Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 46 Brazil Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 47 Brazil Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 48 Brazil Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 49 Brazil Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 50 Brazil Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 51 Brazil Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 52 Brazil Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 53 Argentina Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 54 Argentina Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 55 Argentina Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 56 Argentina Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 57 Argentina Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 58 Argentina Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 59 Argentina Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 60 Argentina Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 61 UAE Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 62 UAE Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 63 UAE Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 64 UAE Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 65 UAE Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 66 UAE Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 67 UAE Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 68 UAE Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 69 Saudi Arabia Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 70 Saudi Arabia Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 71 Saudi Arabia Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 72 Saudi Arabia Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 73 Saudi Arabia Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 77 South Africa Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 78 South Africa Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 79 South Africa Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 80 South Africa Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 81 South Africa Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 82 South Africa Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 83 South Africa Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 84 South Africa Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 85 Nigeria Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 86 Nigeria Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 87 Nigeria Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 88 Nigeria Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 89 Nigeria Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 90 Nigeria Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 91 Nigeria Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 92 Nigeria Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 93 Rest of LAMEA Controlled Release Drug Delivery Market, 2019 - 2022, USD Million
TABLE 94 Rest of LAMEA Controlled Release Drug Delivery Market, 2023 - 2030, USD Million
TABLE 95 Rest of LAMEA Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2022, USD Million
TABLE 96 Rest of LAMEA Controlled Release Drug Delivery Market by Release Mechanism, 2023 - 2030, USD Million
TABLE 97 Rest of LAMEA Controlled Release Drug Delivery Market by Technology, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Controlled Release Drug Delivery Market by Technology, 2023 - 2030, USD Million
TABLE 99 Rest of LAMEA Controlled Release Drug Delivery Market by Application, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Controlled Release Drug Delivery Market by Application, 2023 - 2030, USD Million
TABLE 101 Key Information – Johnson & Johnson
TABLE 102 KEY INFORMATION - Merck & Co., Inc.
TABLE 103 Key Information – Alkermes PLC
TABLE 104 Key Information – Pfizer, Inc.
TABLE 105 Key Information – Assertio Holdings, Inc.
TABLE 106 Key Information –Lonza Group Ltd.
TABLE 107 Key Information – Colorcon, Inc.
TABLE 108 Key Information – Corium, LLC
TABLE 109 Key Information – Adare Pharma Solutions
TABLE 110 Key Information – Coating Place, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Controlled Release Drug Delivery Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Controlled Release Drug Delivery Market
FIG 4 Porter’s Five Forces Analysis – Controlled Release Drug Delivery Market
FIG 5 LAMEA Controlled Release Drug Delivery Market share by Release Mechanism, 2022
FIG 6 LAMEA Controlled Release Drug Delivery Market share by Release Mechanism, 2030
FIG 7 LAMEA Controlled Release Drug Delivery Market by Release Mechanism, 2019 - 2030, USD Million
FIG 8 LAMEA Controlled Release Drug Delivery Market share by Technology, 2022
FIG 9 LAMEA Controlled Release Drug Delivery Market share by Technology, 2030
FIG 10 LAMEA Controlled Release Drug Delivery Market by Technology, 2019 - 2030, USD Million
FIG 11 LAMEA Controlled Release Drug Delivery Market share by Application, 2022
FIG 12 LAMEA Controlled Release Drug Delivery Market share by Application, 2030
FIG 13 LAMEA Controlled Release Drug Delivery Market by Application, 2019 - 2030, USD Million
FIG 14 LAMEA Controlled Release Drug Delivery Market share by Country, 2022
FIG 15 LAMEA Controlled Release Drug Delivery Market share by Country, 2030
FIG 16 LAMEA Controlled Release Drug Delivery Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Johnson & Johnson
FIG 18 Swot Analysis: Johnson & Johnson
FIG 19 Recent strategies and developments: Merck and Co., Inc.
FIG 20 Swot Analysis: Merck & Co., Inc.
FIG 21 Swot Analysis: Alkermes PLC
FIG 22 Swot Analysis: Pfizer, Inc.
FIG 23 Swot Analysis: Assertio Holdings, Inc.
FIG 24 Swot Analysis: Lonza Group AG
FIG 25 Recent strategies and developments: Colorcon, Inc.
FIG 26 Swot Analysis: Colorcon, Inc.
FIG 27 Swot Analysis: Corium, LLC
FIG 28 Swot Analysis: Adare Pharma Solutions
FIG 29 Swot Analysis: Coating Place, Inc.