Rise In Cancer Incidence Rate Significantly Boosts The Liposomal Drug Delivery Devices Market Growth

The Business Research Company’s Liposomal Drug Delivery Devices Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

LONDON, GREATER LONDON, UK, May 6, 2022 /EINPresswire.com/ — The rise in the number of cancer cases across the globe is likely to contribute to the liposomal drug delivery devices market growth during the forecast period. Liposomal drug delivery systems are used as targeted therapy for cancer treatment in radiation therapy, chemotherapy, and surgical resection. The four most common types of cancer worldwide are lung, prostate, bowel, and female breast cancer, accounting for 43% of all the new cancer cases. According to the liposomal drug delivery devices market analysis, the rise in cancer incidence rate globally is anticipated to boost the demand for the market over the forthcoming years.

Several big companies are undertaking various strategic initiatives such as collaborations and new product development, which is likely to become a major trend in the liposomal drug delivery devices market. Various companies are coming together to develop liposomal drug delivery systems to expand their product portfolio and operations worldwide. For instance, in 2021, MindMed is an Israeli creative drug development company, announced the execution of a Memorandum of Understanding regarding the introduction of an exclusive collaborative development program to optimize the supply of particular psychedelic drug candidates, leveraging Nextage’s proprietary Brain Targeting Liposome System (BTLS) supply technology, for which it has a license.

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The global liposomal drug delivery devices market size is expected to grow from $3.72 billion in 2021 to $4.10 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The global liposomal drug delivery device market share is expected to grow to $6.03 billion in 2026 at a CAGR of 10.1%.

Major players covered in the global liposomal drug delivery devices industry are Fudan-Zhangjiang, Pacira, Johnson and Johnson, Gilead Sciences, Novartis, Luye Pharma, CSPC, Ipsen (Onivyde), Teva Pharmaceutical, and Sigma-Tau Group.

TBRC’s global liposomal drug delivery devices market report is segmented by type into liposomal doxorubicin, liposomal paclitaxel, liposomal amphotericin B, others, by application into fungal diseases, cancer therapy, pain management, viral vaccines, photodynamic therapy, by end-user into hospitals, diagnostic centers, ambulatory surgery centers/clinics, others.

Liposomal Drug Delivery Devices Global Market Report 2022 – By Type (Liposomal Doxorubicin, Liposomal Paclitaxel, Liposomal Amphotericin B), By Application (Fungal Diseases, Cancer Therapy, Pain Management, Viral Vaccines, Photodynamic Therapy), By End User (Hospitals, Diagnostic Centers, Ambulatory Surgery Centers/Clinics) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a liposomal drug delivery devices market overview, liposomal drug delivery devices market forecast liposomal drug delivery devices market size and liposomal drug delivery devices market growth for the whole market, liposomal drug delivery devices market segments, geographies, liposomal drug delivery devices market trends, liposomal drug delivery devices market drivers, liposomal drug delivery devices market restraints, leading competitors’ revenues, liposomal drug delivery devices market profiles, and liposomal drug delivery devices market shares.

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