Tag: general

Drug And Gene Delivery Devices Market Demand Rises with New Treatments

The global drug and gene delivery devices market size is expected to reach USD 1.22 billion by 2030, registering a CAGR of 9.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rising investment by the market players to develop innovative drug delivery systems to cater to the demand by the patients as well as to increase the bioavailability at minimum quantity of active pharmaceutical ingredient is driving the market growth. Additionally, increasing focus on R&D of gene delivery systems owing to the high growth potential of gene therapy for the treatment of a wide range of diseases is expected to fuel the market growth in the future.

Drug delivery systems are in a constant evolution along with the changing preference by the patient. For instance, initially, hormone replacement therapy was widely prescribed in the form of pills, whereas, it is now available in the form of prefilled syringes, patches, vaginal rings, gel, and sprays. The principal purpose of development of different forms of delivery systems is to increase the ease of use. Factors such as aesthetics of the delivery systems, price, and amount of API are also considered while designing the drug delivery system.

Access the Drug And Gene Delivery Devices Market Size, Share & Trends Analysis Report By Route Of Administration (Oral, Inhalation, Transdermal), By Vector (Viral, Non-Viral), By Region, And Segment Forecasts, 2024 – 2030

Drug And Gene Delivery Devices Market Report Highlights

  • In 2023, the oral segment dominated the market and accounted for the largest revenue share of 52.7%, owing to its convenience and ease of administration.
  • The injectable segment is expected to witness the fastest CAGR of 11.0% during the forecast period, fueled by increasing prevalence of life-threatening diseases and advancement in injectable drug delivery devices.
  • In 2023, North America dominated the drug and gene delivery devices market with a revenue share of 54.0%, owing to the rising number of people suffering from chronic diseases.
  • The drug and gene delivery devices market in Asia Pacific is projected to witness growth during the forecast period. The growth can be attributed to the increasing prevalence of chronic diseases such as heart disease, diabetes and cancer owing to the changing lifestyle, increase in consumption of alcohols and cigarettes.

Key Drug And Gene Delivery Devices Company Insights

Some of the key companies in the drug and gene delivery devices market include, Uniqure N.V.; Shanghai Sunway Biotech Co., Ltd; Pfizer, Inc.; Johnson and Johnson.

UniQure NV develops adeno-associated virus (AAV) based gene therapies with the help of its gene technology platform and offers treatments to patients suffering with severe genetic disorders.

Epeius Biotechnologies Corporation develops anti-cancer agents that eliminate metastatic disease.

Order your free sample copy of “Drug And Gene Delivery Devices Market Report 2024 – 2030, published by Grand View Research

Key Drug And Gene Delivery Devices Companies:

The following are the leading companies in the drug and gene delivery devices market. These companies collectively hold the largest market share and dictate industry trends.

  • Uniqure N.V.,
  • SiBiono GeneTech Co.
  • Epeius Biotechnologies Corporation
  • Shanghai Sunway Biotech Co., Ltd
  • Pfizer, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Johnson and Johnson
  • Novartis AG
  • Bayer AG
  • Becton, Dickinson and Company

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

Sheet Molding and Bulk Molding Compound Market: Addressing Challenges in Supply Chain Management

The global sheet molding and bulk compound market size is expected to reach USD 5.90 billion by 2030, registering a CAGR of 6.39% from 2024 to 2030, according to a new report by Grand View Research, Inc.
Sheet molding compound (SMC) is widely used in transportation applications because of its excellent mechanics and lightweight nature. They have electrical insulation and are resistant to fire, corrosion, and stains. Traditional materials such as steel, iron, and aluminum are being supplanted by SMC and BMC due to their distinct perceived benefits. Automobile makers are probably going to rely less on steel and more on sheet molding compound (SMC) as the market for lightweight materials and solid compounds grows.
 
The report “Sheet Molding And Bulk Molding Compound Market Size, Share & Trends Analysis Report By Resin Type (Epoxy, Polyester), By Fiber Type (Glass Fiber, Carbon Fiber), By Application, By Region, And Segment Forecasts, 2024 – 2030” is available now to Grand View Research customers and can also be purchased directly
 
In addition to the intrinsic limits of metals and their rising costs, a number of firms are substituting metal for thermoset composites in high-performance applications. This is helping to drive the expansion of the sheet molding compound (SMC) market. Many firms now favor lightweight materials because of the direct correlation between fuel usage and the weight of the materials used in manufacturing.
The market offers a lot of room for expansion and innovation, especially in the area of environmentally friendly and sustainable composites development. Global attention to sustainability and minimizing environmental effect has led to an increase in demand for recyclable or renewable materials. Producers are allocating resources to R&D in order to develop recyclable composites and bio-based resins that preserve the performance attributes of conventional SMC and BMC. Moreover, the growing utilization of these materials in developing sectors including infrastructure construction and renewable energy presents fresh opportunities for market participants to flourish.
 
Sheet Molding And Bulk Molding Compound Market Report Highlights:
Based on fiber type, glass fiber held the market with the largest revenue share of 63.07% in 2023. Glass fiber is the most commonly used reinforcement material in SMC and BMC due to its excellent mechanical properties, cost-effectiveness, and versatility
Based on application, automotive & transportation held the market with the largest revenue share of 31.23% in 2023. The automotive & transportation sector is a major driver of market growth, as SMC and BMC materials are increasingly used for manufacturing lightweight and high-strength components, such as body panels, bumpers, and structural parts
North America holds a substantial share of the market, driven by robust demand from the automotive and aerospace industries. The U.S., in particular, is a major contributor, with its strong manufacturing base and technological innovation
Order your free sample copy of “Sheet Molding And Bulk Molding Compound Market Report 2024 – 2030, published by Grand View Research
 
Sheet Molding And Bulk Molding Compound Market Segmentation
Grand View Research has segmented the global sheet molding and bulk molding compound market based on resin type, fiber type, application, and region:
Sheet Molding And Bulk Molding Compound Resin Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Epoxy
Polyester
Sheet Molding And Bulk Molding Compound Fiber Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Glass Fiber
Carbon Fiber
Sheet Molding And Bulk Molding Compound Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
Automotive & Transportation
Aerospace
Electrical & Electronics
Building & Construction
Domestic Appliances
Others
Sheet Molding And Bulk Molding Compound Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 – 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Asia Pacific
China
India
Japan
Australia
South Korea
Central & South America
Brazil
Argentina
MEA
South Africa
Saudi Arabia


 
List of Key Players in the Sheet Molding And Bulk Molding Compound Market
IDI Composites International
National Composites
MENZOLIT
Polynt (Polynt-Reichhold)
Continental Structural Plastics Inc. (TEIJIN)
ZOLTEK (Toray Group)
Mitsui Chemicals
TORAY INTERNATIONAL
Core Molding Technologies
Devi Polymers Private Limited
Zhejiang Yueqing SMC & BMC Manufacture Factory
Huayuan Advanced Materials Co., Ltd.
Resonac Holdings Corporation
 
About Grand View Research:
Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com
 
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Email:  sales@grandviewresearch.com

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