Global Gastroretentive Drug Delivery Systems Outsourcing Market Overview
As per MRFR analysis, the Gastroretentive Drug Delivery Systems Outsourcing Market Size was estimated at 1.52 (USD Billion) in 2022.
The Gastroretentive Drug Delivery Systems Outsourcing Market Industry is expected to grow from 1.62(USD Billion) in 2023 to 2.85 (USD Billion) by 2032. The Gastroretentive Drug Delivery Systems Outsourcing Market CAGR (growth rate) is expected to be around 6.48% during the forecast period (2024 - 2032).
Key Gastroretentive Drug Delivery Systems Outsourcing Market Trends Highlighted
The Gastroretentive Drug Delivery Systems Outsourcing Market is expanding rapidly due to the increasing prevalence of chronic diseases and the need for sustained drug delivery. Key market drivers include the rising demand for targeted drug delivery, the growing incidence of dysphagia and other gastrointestinal conditions, and the advancements in drug delivery technologies.
Opportunities for growth in the market lie in the development of novel gastroretentive drug delivery systems, such as bio-adhesive tablets and nanotechnology-based systems. Market trends indicate a shift towards patient-centric and personalized drug delivery, along with an increasing focus on non-invasive and minimally invasive techniques. Additionally, the emergence of artificial intelligence and machine learning in drug development and delivery is expected to drive further innovation in the market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Gastroretentive Drug Delivery Systems Outsourcing Market Drivers
Increasing Prevalence of Gastrointestinal Disorders
Gastrointestinal disorders such as gastroesophageal reflux disease (GERD), peptic ulcer disease, and irritable bowel syndrome are becoming increasingly common worldwide. These conditions can cause significant discomfort and impair quality of life. Gastroretentive drug delivery systems offer a targeted approach to treating these disorders by delivering medication directly to the affected area for an extended period. This can improve patient compliance and efficacy while reducing the risk of side effects.
Technological Advancements in Drug Delivery
Advances in drug delivery technology have led to the development of innovative gastroretentive drug delivery systems. These systems utilize various mechanisms, such as bioadhesion, floating, and swelling, to prolong gastric residence time and enhance drug bioavailability. Ongoing research and development efforts are further improving the efficacy and reliability of these systems, making them an increasingly attractive option for the treatment of gastrointestinal disorders.
Growing Demand for Personalized Medicine
The increasing focus on personalized medicine is driving demand for tailored drug delivery systems that can meet the specific needs of individual patients. Gastroretentive drug delivery systems offer the ability to deliver drugs in a controlled manner, allowing for precise dosing and optimization of therapeutic outcomes. This personalized approach can improve patient outcomes and reduce the risk of adverse events, making gastroretentive drug delivery systems a valuable tool in the Gastroretentive Drug Delivery Systems Outsourcing Market Industry.
Gastroretentive Drug Delivery Systems Outsourcing Market Segment Insights
Gastroretentive Drug Delivery Systems Outsourcing Market Drug Type Insights
The Gastroretentive Drug Delivery Systems Outsourcing Market is segmented by drug type into biologics, small molecules, and generics. Among these, biologics are expected to account for the largest share of the market in 2023, with a valuation of approximately 0.72 (USD Billion). The growth of the biologics segment can be attributed to the increasing prevalence of chronic diseases such as cancer and diabetes, which require long-term treatment with biologics. Small molecules are expected to be the second-largest segment, with a valuation of around 0.65 (USD Billion) in 2023.Small molecules are typically used to treat acute conditions such as infections and pain. Generics are expected to account for the smallest share of the market in 2023, with a valuation of approximately 0.25 (USD Billion). Generics are typically used to treat chronic conditions such as hypertension and arthritis. The growth of the generics segment is expected to be driven by the increasing adoption of biosimilars, which are similar to biologics but are less expensive.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Gastroretentive Drug Delivery Systems Outsourcing Market Route of Administration Insights
The Gastroretentive Drug Delivery Systems Outsourcing Market is segmented into Oral, Transdermal, Nasal, and Rectal routes of administration. Among these, the Oral segment held the largest market share in 2023 and is expected to continue to dominate the market during the forecast period. This is primarily due to the ease of administration and patient compliance associated with oral drug delivery. The Transdermal segment is anticipated to register the highest CAGR during the forecast period, owing to the growing adoption of transdermal patches for controlled drug delivery.The Nasal and Rectal segments are also expected to witness steady growth, driven by the increasing demand for non-invasive and localized drug delivery methods.
Gastroretentive Drug Delivery Systems Outsourcing Market Technology Insights
The Gastroretentive Drug Delivery Systems Outsourcing Market is segmented by Technology into Floating Drug Delivery Systems, Swelling and Expanding Systems, and Mucoadhesive Systems. Floating Drug Delivery Systems accounted for the largest share of the market in 2023 due to their ability to prolong gastric residence time, increase drug absorption, and reduce dosing frequency. This technology is expected to continue to dominate the market over the forecast period, with a projected market value of USD 1.23 billion by 2032. Swelling and Expanding Systems are gaining popularity due to their ability to expand in the stomach, creating a physical barrier that prevents drug release from the stomach.This technology is expected to witness significant growth over the forecast period, with a projected market value of USD 0.92 billion by 2032. Mucoadhesive Systems adhere to the gastric mucosa, prolonging gastric residence time and increasing drug absorption. This technology is expected to experience moderate growth over the forecast period, with a projected market value of USD 0.69 billion by 2032.
Gastroretentive Drug Delivery Systems Outsourcing Market Application Insights
The Application segment of the Gastroretentive Drug Delivery Systems Outsourcing Market holds significant potential for growth. The increasing demand for gastroretentive drug delivery systems for chronic diseases like ulcers, cardiovascular conditions, and inflammatory disorders is driving the growth of this segment. Anti-Ulcer Drugs held a significant market share in 2023 and are expected to maintain their dominance throughout the forecast period. The growing prevalence of peptic ulcer disease is fueling the demand for gastroretentive drug delivery systems that can effectively deliver drugs to the stomach and duodenum.The Cardiovascular Drugs segment is also expected to witness significant growth, owing to the rising incidence of cardiovascular diseases and the need for controlled drug release to the target site. Anti-inflammatory drugs and Other applications are also gaining traction, as they offer targeted delivery of drugs to the gastrointestinal tract for the treatment of various inflammatory conditions. Overall, the Application segment of the Gastroretentive Drug Delivery Systems Outsourcing Market is poised for robust growth, driven by the increasing prevalence of chronic diseases and the need for effective drug delivery solutions.
Gastroretentive Drug Delivery Systems Outsourcing Market Regional Insights
The Gastroretentive Drug Delivery Systems Outsourcing Market is segmented into North America, Europe, APAC, South America, and MEA. North America held the largest market share in 2023, at 0.765 USD Billion, and is expected to continue to dominate the market throughout the forecast period, reaching 1.342 USD Billion by 2032. The market growth in this region is attributed to the presence of major pharmaceutical companies, favorable government regulations, and the increasing prevalence of chronic diseases. Europe is the second largest market for Gastroretentive Drug Delivery Systems Outsourcing, valued at 0.36 USD Billion in 2024, and is expected to grow significantly in the coming years, reaching 0.617 USD Billion by 2032.The market growth in this region is attributed to the increasing adoption of advanced technologies, rising healthcare expenditure, and growing awareness about gastroretentive drug delivery systems. The APAC region is expected to witness the fastest growth in the Gastroretentive Drug Delivery Systems Outsourcing market during the forecast period, with values expected to increase from 0.27 USD Billion in 2023 to 0.495 USD Billion by 2032. The market growth in this region is attributed to the increasing demand for outsourcing services from pharmaceutical companies, rising healthcare expenditure, and growing awareness about gastroretentive drug delivery systems.South America and MEA are expected to witness moderate growth in the Gastroretentive Drug Delivery Systems Outsourcing market during the forecast period, with South America valued at 0.113 USD Billion in 2023 and projected to reach 0.194 USD Billion by 2032, while MEA is expected to grow from 0.113 USD Billion in 2023 to 0.201 USD Billion by 2032.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Gastroretentive Drug Delivery Systems Outsourcing Market Key Players And Competitive Insights
Major players in the Gastroretentive Drug Delivery Systems Outsourcing Market industry are constantly focusing on innovation and the development of new technologies to meet the evolving needs of the pharmaceutical industry. Leading Gastroretentive Drug Delivery Systems Outsourcing Market players are actively involved in strategic collaborations, partnerships, and acquisitions to expand their product portfolio and strengthen their market position. The Gastroretentive Drug Delivery Systems Outsourcing Market development is driven by increasing demand for outsourcing services from pharmaceutical companies seeking to optimize their drug development and manufacturing processes.Pfizer, a leading player in the Gastroretentive Drug Delivery Systems Outsourcing Market, offers a comprehensive range of outsourcing services, including drug discovery, development, and manufacturing. The company has a strong track record of developing and commercializing innovative drugs and has a robust pipeline of potential new products. Pfizer's commitment to research and development, combined with its global reach and extensive experience, positions it as a key player in the Gastroretentive Drug Delivery Systems Outsourcing Market.AstraZeneca, another major competitor in the Gastroretentive Drug Delivery Systems Outsourcing Market, provides a wide range of outsourcing services to the pharmaceutical industry. The company has a proven track record of delivering high-quality services and has a strong customer base. AstraZeneca's focus on patient-centric drug development and its expertise in various therapeutic areas make it a formidable player in the Gastroretentive Drug Delivery Systems Outsourcing Market. The company's commitment to innovation and its strategic partnerships with leading pharmaceutical companies position it as a key competitor in the market.
Key Companies in the Gastroretentive Drug Delivery Systems Outsourcing Market Include
- Siegfried Holding AG
- Recipharm AB
- HoffmannLa Roche Ltd
- Catalent
- Adare Pharma Solutions
- Moderna Therapeutics
- Novartis International AG
- Patheon
- Pharmaron Beijing Co., Ltd.
- Pfizer Inc.
- Lonza
- Halozyme Therapeutics
- Evonik Industries
- Almac
- CordenPharma International
Gastroretentive Drug Delivery Systems Outsourcing Market Industry Developments
The Gastroretentive Drug Delivery Systems Outsourcing Market is poised to grow significantly over the forecast period, driven by increasing demand for targeted and controlled drug delivery, technological advancements, and the growing prevalence of chronic diseases. The market is expected to reach a value of USD 2.85 billion by 2032, exhibiting a CAGR of 6.48% during the forecast period. Key players in the market include Capsugel, Evonik, and CordenPharma. Recent news developments include the launch of new gastroretentive drug delivery systems, such as the GRT System from Capsugel and the SmartRelease technology from Evonik. These systems offer improved drug delivery efficiency and patient compliance, driving market growth.
Gastroretentive Drug Delivery Systems Outsourcing Market Segmentation Insights
-
Gastroretentive Drug Delivery Systems Outsourcing Market Drug Type Outlook
- Biologics
- Small Molecules
- Generics
-
Gastroretentive Drug Delivery Systems Outsourcing Market Route of Administration Outlook
- Oral
- Transdermal
- Nasal
- Rectal
-
Gastroretentive Drug Delivery Systems Outsourcing Market Technology Outlook
- Floating Drug Delivery Systems
- Swelling and Expanding Systems
- Mucoadhesive Systems
-
Gastroretentive Drug Delivery Systems Outsourcing Market Application Outlook
- Anti-Ulcer Drugs
- Cardiovascular Drugs
- Anti-Inflammatory Drugs
- Others
-
Gastroretentive Drug Delivery Systems Outsourcing Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
1.52(USD Billion) |
Market Size 2023 |
1.62(USD Billion) |
Market Size 2032 |
2.85(USD Billion) |
Compound Annual Growth Rate (CAGR) |
6.48% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Siegfried Holding AG, Recipharm AB, F. HoffmannLa Roche Ltd, Catalent, Adare Pharma Solutions, Moderna Therapeutics, Novartis International AG, Patheon, Pharmaron Beijing Co., Ltd., Pfizer Inc., Lonza, Halozyme Therapeutics, Evonik Industries, Almac, CordenPharma International |
Segments Covered |
Drug Type, Route of Administration, Technology, Application, Regional |
Key Market Opportunities |
1 Growing prevalence of gastrointestinal disorders2 Increased demand for targeted drug delivery3 Technological advancements in drug delivery systems4 Rising outsourcing trend in the pharmaceutical industry5 Government initiatives to support drug development |
Key Market Dynamics |
Increasing prevalence of chronic diseases Technological advancements Growing demand for targeted drug delivery Outsourcing trend in pharmaceutical industry Government initiatives for healthcare development |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Gastroretentive Drug Delivery Systems Outsourcing Market is expected to reach a valuation of 1.62 billion USD in 2023.
The Gastroretentive Drug Delivery Systems Outsourcing Market is projected to grow at a CAGR of 6.48% from 2024 to 2032.
The Gastroretentive Drug Delivery Systems Outsourcing Market is expected to reach a valuation of 2.85 billion USD in 2032.
North America is expected to hold the largest market share in the Gastroretentive Drug Delivery Systems Outsourcing Market.
The rising prevalence of chronic diseases, increasing demand for targeted drug delivery, and growing adoption of outsourcing by pharmaceutical companies are key factors driving the growth of the market.
Key competitors in the Gastroretentive Drug Delivery Systems Outsourcing Market include Capsugel, Catalent, and Patheon.
Major applications of Gastroretentive Drug Delivery Systems include controlled release of drugs, targeted drug delivery, and improved bioavailability.
Challenges faced by the market include regulatory hurdles, technological limitations, and competition from in-house manufacturing.
Opportunities for growth in the market include advancements in technology, increasing demand for personalized medicine, and growing adoption of outsourcing by emerging markets.
Key trends shaping the market include the rise of biologics, the development of novel drug delivery technologies, and the increasing focus on patient-centric healthcare.