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Dublin, Nov. 22, 2021 (GLOBE NEWSWIRE) — The “Microneedle Drug Delivery Systems Market Size, Share & Trends Analysis Report By Type (Hollow, Dissolving, Solid, Coated), By Material (Metal, Silicon, Polymer), By Application, By Region, And Segment Forecasts, 2021-2028” report has been added to AnalysisAndMarkets.com’s providing.

The world microneedle drug supply programs market measurement is predicted to succeed in USD 8.10 billion by 2028

The market is predicted to broaden at a CAGR of 5.3% from 2021 to 2028. The rising demand for safer alternate options to the standard hypodermic injection and growing consciousness relating to minimally invasive and pain-free administration of medicine are anticipated to spice up the market progress.

Furthermore, the growing circumstances of diabetes are anticipated to spice up the market progress. For occasion, in accordance with the International Diabetes Federation (IDF), the variety of diabetics has already reached 463 million and is predicted to rise within the subsequent 10 years.

Drug supply through microneedles is without doubt one of the most effective procedures in comparison with conventional hypodermic injections. Microneedles are a self-administering platform for transdermal remedy supply that has a excessive drug bioavailability.

The microneedle design and drug formulation can management the dose, supply price, and efficacy of the medicines. Microneedle additionally helps scale back or eradicate biohazardous sharps waste. In the approaching years, microneedles are anticipated to have a larger influence on scientific care.

Microneedles are nonetheless beneath growth and use a wide range of medication in scientific trials. The majority of research have proven that this system produces constructive results. This strategy has the potential for use for therapeutic functions in a wide range of fields.

For occasion, Carnegie Mellon University is growing a COVID-19 vaccination injection methodology using 3D printed hybrid microneedle arrays (Hybrid-MNA). The Hybrid-MNA strategy not solely permits for decrease doses, however can also be painless and has the potential to be self-administered.

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These applied sciences are predicted to allow the manufacturing of microneedles at a less expensive price. Microneedles have a variety of purposes, together with vaccine administration, hormonal supply, most cancers remedy, ache administration, and cosmetics.

Microneedle Drug Delivery Systems Market Report Highlights

The hole sort section accounted for the most important income share in 2020 as they’re thought-about ideally suited for the usage of vaccine and hormonal remedy sufferers

The dissolving sort section is predicted to develop on the quickest price throughout the forecast interval because it solely requires one step and the microneedle wants to not be eliminated after insertion

The metallic materials section accounted for the most important income share in 2020. Stainless metal and titanium are probably the most incessantly employed metals

By utility, the drug supply section dominated the market in 2020. The vaccine supply section is predicted to register the quickest progress price throughout the forecast interval because of the elevated consciousness relating to vaccination among the many inhabitants

Asia Pacific is anticipated to broaden on the quickest CAGR over the forecast interval because of the presence of untapped alternatives within the rising economies, akin to China and India

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Microneedle Drug Delivery Systems Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Reimbursement framework
3.4. Market Dynamics
3.4.1. Market driver evaluation
3.4.1.1. The growing demand for a safer substitute to standard hypodermic injections
3.4.1.2. Increase in diabetic circumstances throughout the globe
3.4.1.3. Technological developments
3.4.2. Market restraint evaluation
3.4.2.1. Limited variety of accredited merchandise
3.4.2.2. Complications/dangers related to microneedles
3.5. Microneedle Drug Delivery Systems Market Analysis Tools
3.5.1. Industry Analysis – Porter’s
3.5.2. PESTEL Analysis

Chapter 4. Microneedle Drug Delivery Systems: Type Estimates & Trend Analysis
4.1. Definitions and Scope
4.1.1. Solid
4.1.2. Hollow
4.1.3. Dissolving
4.1.4. Coated
4.1.5. Others
4.2. Type Market Share, 2020 & 2028
4.3. Segment Dashboard
4.4. Global Microneedle Drug Delivery Systems Market by Type Outlook
4.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the next
4.5.1. Solid
4.5.2. Hollow
4.5.3. Dissolving
4.5.4. Coated

Chapter 5. Microneedle Drug Delivery Systems: Material Estimates & Trend Analysis
5.1. Definitions and Scope
5.1.1. Silicon
5.1.2. Metal
5.1.3. Polymer
5.1.4. Others
5.2. Material Market Share, 2020 & 2028
5.3. Segment Dashboard
5.4. Global Microneedle Drug Delivery Systems Market by Material Outlook
5.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the next
5.5.1. Silicon
5.5.2. Metal
5.5.3. Polymer

Chapter 6. Microneedle Drug Delivery Systems: Application Estimates & Trend Analysis
6.1. Definitions and Scope
6.1.1. Dermatology
6.1.2. Drug supply
6.1.3. Pain administration
6.1.4. Cancer remedy
6.1.5. Vaccine supply
6.1.6. Others
6.2. Material Market Share, 2020 & 2028
6.3. Segment Dashboard
6.4. Global Microneedle Drug Delivery Systems Market by Application Outlook
6.5. Market Size & Forecasts and Trend Analyses, 2016 to 2028 for the next
6.5.1. Dermatology
6.5.2. Hormone supply
6.5.3. Pain administration
6.5.4. Cancer remedy
6.5.5. Vaccine supply

Chapter 7. Microneedle Drug Delivery Systems Market: Regional Estimates & Trend Analysis
7.1. Regional market share evaluation, 2020 & 2028
7.2. Regional Market Dashboard
7.3. Global Regional Market Snapshot
7.4. Regional Market Share and Leading Players, 2020

Chapter 8. Competitive Landscape
8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Company/Competition Categorization
8.2.1. Innovators
8.3. Vendor Landscape

Raphas

Novartis International AG

Becton, Dickinson and Company

B. Braun

Nanopass Technologies Limited

Termo

Smiths Medical

Cardinal Health

3M

For extra details about this report go to https://www.researchandmarkets.com/r/6yilyk

CONTACT: CONTACT: AnalysisAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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By Seth A. Dunbar

Seth A. Dunbar leads clinical research study operations and quality & compliance. His is experienced working with teams to help drug sponsors better leverage eSource data. With 10+ years of experience Seth brings expertise developing eClinical services that integrate data and technology to help companies optimise study execution.

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