Growing prevalence of
various types of cancer such as carcinoma, sarcoma, etc. and increasing
awareness regarding the drawback of chemotherapy are few factors which are
expected to boost NDDS in cancer therapy market. Additionally, growing demand
for ART for the patients suffering from HIV/AIDS, changing lifestyles such as
high tobacco and alcohol consumption and rising demand for novel drug delivery
systems such as transdermal patches are the high impact rendering drivers for
the growth of this market. Furthermore, rising awareness among healthcare
professionals regarding benefits associated with nanoparticles & embrolic
agents and technological advancement such as incorporation of nanotechnology in
drug delivery system, vaccine drug delivery system & prodrugs for targeted
drug delivery are few factors expected to positively reinforce NDDS in cancer
therapy market over the forecast period.
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Novel Drug Delivery Systems (NDDS) in Cancer Therapy Market - Global Industry
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On the basis of
technologies the market is segmented into liquid embrolic, nanoparticles and
embolization particles. In 2014, Nanoparticles was one of the highest revenue
generating technological segment. Key factors attributing to its large share
include growing demand for protecting the drugs from being damaged before
reaching the specified area, easy diagnosis by the oncologist to observe how
well they are working and preventing the drug interaction with the normal cells
or tissues. Nanoparticles used for cancer therapy include DepoCyt (liposomal
cytarabine), Megace ES (megestrol acetate), Abraxane (paclitaxel), Doxil
(doxorubicin), Myocet (doxorubicin) and DaunoXome (daunorubicin citrate).
Embolization particles are further segmented into PVA particles, microspheres,
drug eluting beds (DEB), microspheres, radioembolization microspheres/selective
internal radiation therapy (SIRT).
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Key regional markets
included in the study are North America, Europe, Asia Pacific, MEA and Latin
America. In 2014, North America accounted for significant market share in terms
of revenue owing to the factors such as rising incidences of cancer, growing
awareness regarding upcoming technologies and treatment options such as target
drug delivery, nanoparticles and rising government investment in this sector.
However, Asia pacific region is anticipated to witness significant growth over
the forecast period. Key factors attributing to its rapid growth include economic
development in countries such as Japan, China, India, New Zealand and
Australia, favorable government initiatives pertaining to the development of
healthcare infrastructure and constantly improving reimbursement policies.
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View Research
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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 http://www.grandviewresearch.com/
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Robotics Market Research Report with Table Of Content - Global Scenario,
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