The North America Microneedle Drug Delivery Systems Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
There are safer alternatives to traditional hypodermic injection present in the market, which is anticipated to boost the demand for microneedle drug delivery systems in the coming years. In addition, the market growth would be driven by the increasing adoption of microneedle drug delivery systems. According to the Centers for Disease Control and Prevention, the release of a new Microneedle patch would facilitate the vaccination of people in cases of preventable diseases. Hence, the microneedle drug delivery systems are witnessing a surge in its demand, owing to the growing number of vaccinations for several medical conditions like measles. Moreover, the less-skilled or less-trained healthcare workers can also easily use or manage the microneedle.
The microneedle drug delivery systems offer benefits like increased permeability and efficacy, self-administration, better patient compliance, and rapid action. These benefits have made microneedle drug delivery systems more beneficial than traditional hypodermal injections. Additionally, microneedles offer consistent and accurate outcomes with minimum inter-subject variability in bioavailability.
The region is home to some of the leading market players, which would create new growth avenues for the North American microneedle drug delivery systems market. These players are also investing a high amount to develop better techniques. In addition, factors such as the rapid increment in the geriatric population and the increase in premature births around the world are estimated to boost the demand for microneedles drug delivery systems in the regional market.
Moreover, the surge in the treatment of cancer is one of the main factors fueling the demand for the microneedle drug delivery systems in the regional market. Microneedles are small needle-like structures utilized for drug administration via layers of the skin. The majority of individuals in the region are living an unhealthy lifestyle that could augment the demand for microneedle drug delivery systems in the regional market.
The USA market dominated the North America Solid Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $668.1 million by 2027. The Canada market is experiencing a CAGR of 7% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.2% during (2021 - 2027).
Based on Type, the market is segmented into Hollow, Dissolving, Solid, Coated, and Other Types. Based on Material, the market is segmented into Metal, Polymer, Silicon and Other Material. Based on Application, the market is segmented into Drug delivery, Cancer Therapy, Vaccine delivery, Pain Management, Dermatology and Other Applications. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Microneedle Drug Delivery Systems Market is Estimated to Reach USD 9.1 Billion by 2027 at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AdminMed nanoBioSciences LLC, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Technologies Ltd., Corium International, Inc., Gurnet Point Capital), Valeritas, Inc. (Zealand Pharma), Nitto Denko Corporation, Endoderma Ltd., and Innoture Medical Technology Limited.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Hollow
- Dissolving
- Solid
- Coated,
- Other Types
By Material
- Metal
- Polymer
- Silicon
- Other Material
By Application
- Drug delivery
- Cancer Therapy
- Vaccine delivery
- Pain Management
- Dermatology
- Other Applications
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- AdminMed nanoBioSciences LLC
- Becton, Dickinson and Company
- Zosano Pharma Corporation
- Raphas co. ltd.
- Nanopass Technologies Ltd.
- Corium International, Inc. (Gurnet Point Capital)
- Valeritas, Inc. (Zealand Pharma)
- Nitto Denko Corporation
- Endoderma Ltd.
- Innoture Medical Technology Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Microneedle Drug Delivery Systems Market, by Type
1.4.2 North America Microneedle Drug Delivery Systems Market, by Application
1.4.3 North America Microneedle Drug Delivery Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Industry Wide Strategic Developments - Global
3.1 Partnerships, Collaborations and Agreements
3.2 Product Launches and Product Expansions
3.3 Acquisition and Mergers
3.4 Geographical Expansions
3.5 Top Winning Strategies
3.5.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.5.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. North America Microneedle Drug Delivery Systems Market by Type
4.1 North America Hollow Market by Country
4.2 North America Dissolving Market by Country
4.3 North America Solid Market by Country
4.4 North America Coated Market by Country
4.5 North America Other Types Market by Country
Chapter 5. North America Microneedle Drug Delivery Systems Market by Application
5.1 North America Drug delivery Market by Country
5.2 North America Cancer Therapy Market by Country
5.3 North America Vaccine delivery Market by Country
5.4 North America Pain Management Market by Country
5.5 North Dermatology Market by Country
5.6 North America Other Applications Market by Country
Chapter 6. North America Microneedle Drug Delivery Systems Market by Material
6.1 North America Metal Market by Country
6.2 North America Polymer Market by Country
6.3 North America Silicon Market by Country
6.4 North America Other Material Market by Country
Chapter 7. North America Microneedle Drug Delivery Systems Market by Country
7.1 USA Microneedle Drug Delivery Systems Market
7.1.1 USA Microneedle Drug Delivery Systems Market by Type
7.1.2 USA Microneedle Drug Delivery Systems Market by Application
7.1.3 USA Microneedle Drug Delivery Systems Market by Material
7.2 Canada Microneedle Drug Delivery Systems Market
7.2.1 Canada Microneedle Drug Delivery Systems Market by Type
7.2.2 Canada Microneedle Drug Delivery Systems Market by Application
7.2.3 Canada Microneedle Drug Delivery Systems Market by Material
7.3 Mexico Microneedle Drug Delivery Systems Market
7.3.1 Mexico Microneedle Drug Delivery Systems Market by Type
7.3.2 Mexico Microneedle Drug Delivery Systems Market by Application
7.3.3 Mexico Microneedle Drug Delivery Systems Market by Material
7.4 Rest of North America Microneedle Drug Delivery Systems Market
7.4.1 Rest of North America Microneedle Drug Delivery Systems Market by Type
7.4.2 Rest of North America Microneedle Drug Delivery Systems Market by Application
7.4.3 Rest of North America Microneedle Drug Delivery Systems Market by Material
Chapter 8. Company Profiles
8.1 Nitto Denko Corporation
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.2 Becton, Dickinson and Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Geographical Expansions:
8.3 AdminMed nanoBioSciences LLC
8.3.1 Company Overview
8.4 Zosano Pharma Corporation
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.5 Raphas Co., Ltd.
8.5.1 Company Overview
8.6 Nanopass Technologies Ltd.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.7 Corium Inc. (Gurnet Point Capital)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Zealand Pharma A/S (Valeritas, Inc.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Research & Development Expenses
8.8.4 Recent strategies and developments:
8.8.4.1 Geographical Expansions:
8.9 Endoderma Co., Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Geographical Expansions:
8.10. Innoture Medical Technology Limited
8.10.1 Company Overview
TABLE 1 North America Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 2 North America Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Microneedle Drug Delivery Systems Market
TABLE 4 Product Launches And Product Expansions– Microneedle Drug Delivery Systems Market
TABLE 5 Acquisition and Mergers– Microneedle Drug Delivery Systems Market
TABLE 6 Geographical Expansions - Microneedle Drug Delivery Systems Market
TABLE 7 North America Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 8 North America Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 9 North America Hollow Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Hollow Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Dissolving Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Dissolving Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Solid Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Solid Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Coated Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Coated Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Other Types Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Other Types Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 20 North America Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 21 North America Drug delivery Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Drug delivery Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Cancer Therapy Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Cancer Therapy Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Vaccine delivery Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Vaccine delivery Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Pain Management Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Pain Management Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Dermatology Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Dermatology Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Other Applications Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Other Applications Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 34 North America Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 35 North America Metal Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Metal Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Polymer Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Polymer Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Silicon Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Silicon Market by Country, 2021 - 2027, USD Million
TABLE 41 North America Other Material Market by Country, 2017 - 2020, USD Million
TABLE 42 North America Other Material Market by Country, 2021 - 2027, USD Million
TABLE 43 North America Microneedle Drug Delivery Systems Market by Country, 2017 - 2020, USD Million
TABLE 44 North America Microneedle Drug Delivery Systems Market by Country, 2021 - 2027, USD Million
TABLE 45 USA Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 46 USA Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 47 USA Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 48 USA Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 49 USA Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 50 USA Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 51 USA Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 52 USA Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 53 Canada Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 54 Canada Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 55 Canada Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 56 Canada Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 57 Canada Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 58 Canada Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 59 Canada Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 60 Canada Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 61 Mexico Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 62 Mexico Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 63 Mexico Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 64 Mexico Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 65 Mexico Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 66 Mexico Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 67 Mexico Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 68 Mexico Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 69 Rest of North America Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 70 Rest of North America Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 71 Rest of North America Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 72 Rest of North America Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 73 Rest of North America Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 74 Rest of North America Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 75 Rest of North America Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 76 Rest of North America Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 77 Key Information –Nitto Denko Corporation
TABLE 78 Key information – Becton, Dickinson and Company
TABLE 79 Key Information – AdminMed nanoBioSciences LLC
TABLE 80 Key Information – Zosano Pharma Corporation
TABLE 81 Key Information – Raphas Co., Ltd.
TABLE 82 Key Information – Nanopass Technologies Ltd.
TABLE 83 Key Information – Corium Inc.
TABLE 84 Key Information – Valeritas, Inc.
TABLE 85 Key Information – ENDODERMA CO., LTD.
TABLE 86 Key Information – Innoture Medical Technology Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 4 Recent strategies and developments: Nitto Denko Corporation
FIG 5 Recent strategies and developments: Becton, Dickinson and Company