The new report by Expert Market Research titled, ‘Global Bioadhesive Microspheres Market Price, Report and Forecast 2023-2028’, gives an in-depth analysis of the global bioadhesive microspheres market, assessing the market based on its segments like materials, routes of drug delivery, end-uses, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/bioadhesive-microspheres-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
Forecast CAGR (2023-2028): 8.5%
Growing advancements in drug delivery systems, an increase in the applications of bioadhesive microspheres as a drug carrier, and growing usage of microspheres in clinical research are likely to drive the growth of the bioadhesive microspheres market during the forecast period. Additionally, growing investments in research activities by many key players to develop novel microspheres are likely to enhance the growth of the bioadhesive microspheres market during the forecast period. Also, the increasing prevalence of chronic disease and cancer and the growing demand for minimally invasive drug delivery systems are some of the other major factors that are anticipated to augment the growth of the global market.
Industry Definition and Major Segments
Bioadhesive microspheres have a longer retention duration at the application or absorption site and allow for close contact with the underlying absorption surface, which helps to increase and/or improve drug therapeutic performance. Bioadhesive microspheres have been developed in recent years for systemic and local effects via buccal, oral, rectal, ophthalmic, nasal, and vaginal routes.
By material, the market is segmented into:
Based on route of drug delivery, the market is divided into:
The end-uses of the market are:
Academic and Research Institutes
Pharmaceutical and Biotechnology Industries
On the basis of region, the market is segmented into:
Middle East and Africa
Companies are looking to develop a novel drug delivery system of the current drug molecule to maximise their impact in terms of therapeutic action and patient protection. Such developments are expected to augment the growth of the global bioadhesive microspheres market. Newer drug discoveries resulting from the emphasis on research and development are also favouring the growth of the global bioadhesive microspheres market and are likely to propel the market in the coming years. The global bioadhesive microspheres market is expected to gain traction in the future years, owing to contributions from both government and private organisations.
Key Market Players
The major players in the market are Henkel AG & Co. KGaA, Ashland Global Holdings Inc., Luminex Corporation, Adhesives Research, Inc., and ABK Biomedical Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Sophia Grace, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA