In recent years, greater emphasis is being put on developing innovative and effective ways of drug delivery systems. As per a Massachusetts-based market research firm, the drug delivery market will increase to $227.3 billion in 2020. This emphasis becomes crucial as even the drugs developed with the most advanced biology strategies can have probable side-effects due to their interaction with healthy tissue. Therefore, there are constant efforts to design delivery systems that administer medicine to only the targeted cells and leaving healthy tissues.
Constant research in drug delivery systems has led to the emergence of some marvelous innovations. Self-Emulsifying Drug Delivery Systems(SEDDS) provide significant aid in administering poorly soluble drugs orally. These systems also significantly improve the bioavailability of the drugs that are applied. Ways to microencapsulate drugs have emerged that allow controlled release to maintain acceptable drug levels in the body. Some companies even utilize phytocannabinoids as active modes of drug delivery.
Even with such developments in tow, the future of drug delivery systems shows a lot of promise. Many universities and research centers are attempting to utilize nanotechnology to deliver difficult-to-administer drugs orally. A lot of research is underway to create a microchip implant-based drug delivery system that can provide aids to chronic patients. Thus, the next few years are proving to be very crucial for research in innovative drug delivery technologies.
Such innovations have led to an influx of enterprises in the market that provide the most efficient forms of drug delivery techniques for better patient healthcare. To help hospitals and health institutions select the organization best suited for their needs, we at MedTech Outlook present "Top 10 Drug Delivery Device Companies - 2019."