MUMBAI, India, June 19, 2013 /PRNewswire/ --
Bharat Book Bureau presents Innovative Drug Delivery Systems: Novel Product and Formulation Technology Licensing Opportunities for Generic Pharmaceutical Companies ( http://www.bharatbook.com/market-research-reports/healthcare-market-research-report/innovative-drug-delivery-systems-novel-product-and-formulation-technology-licensing-opportunities-for-generic-pharmaceutical-companies.html)
There are more than 1400 sustained or controlled release drugs approved all over the world. Revenues within the global generics market reached an estimated value of $265 billion in 2012, showing a growth of 9.3% throughout the year. The oral drug delivery market remains the largest slice of the overall drug delivery market, with more than 52% of market share. It is presently valued at $49 billion and is expected to reach over $90 billion by 2016, at a CAGR of 11%. Global injectable drug delivery market is expected to be worth $29b by 2015. The oral drug delivery market remains the largest slice of the overall drug delivery market, with more than 52% of market share.