Middle East & Africa Controlled Release Drug Delivery Market Size & Outlook
Middle East & Africa controlled release drug delivery market, 2018-2030 (US$M)
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MEA controlled release drug delivery market highlights
- The MEA controlled release drug delivery market generated a revenue of USD 1,742.2 million in 2023.
- The market is expected to grow at a CAGR of 10.7% from 2024 to 2030.
- In terms of segment, targeted delivery was the largest revenue generating technology in 2023.
- Targeted Delivery is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,742.2 million |
| Market revenue in 2030 | USD 3,543.7 million |
| Growth rate | 10.7% (CAGR from 2023 to 2030) |
| Largest segment | Targeted delivery |
| Fastest growing segment | Targeted Delivery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wurster Technique, Coacervation, Micro Encapsulation, Implants, Transdermal, Targeted Delivery |
| Key market players worldwide | Merck & Co Inc, Alkermes PLC, Johnson & Johnson, Assertio Holdings Inc, Pfizer Inc, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.2% of the global controlled release drug delivery market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,921.8 million by 2030.
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Controlled Release Drug Delivery Market Scope
Controlled Release Drug Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa controlled release drug delivery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to controlled release drug delivery market will help companies and investors design strategic landscapes.
Targeted delivery was the largest segment with a revenue share of 25.19% in 2023. Horizon Databook has segmented the Middle East & Africa controlled release drug delivery market based on wurster technique, coacervation, micro encapsulation, implants, transdermal, targeted delivery covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of controlled release drug delivery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa controlled release drug delivery market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa controlled release drug delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA controlled release drug delivery market size, by country, 2018-2030 (US$M)
Middle East & Africa Controlled Release Drug Delivery Market Outlook Share, 2023 & 2030 (US$M)
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