Market Introduction
Liposomes are a novel drug delivery system (NDDS); are vesicular structures consisting of bilayers used to deliver drugs or genetic material into a cell. NDDS aims to provide the drug at a rate directed by the body's needs during the period of treatment. Thus, companies in the liposome drug delivery market capitalize on this opportunity to increase their research in nanomaterials such as nanospheres, liposomes, and active antiviral agents. Liposome drug delivery is being leveraged with increased in vivo and in vitro drug activities for routine clinical practices.
Market Overview and Dynamics
The Europe liposome drug delivery market was valued at US$ 1,164.54 million in 2019 and is projected to reach US$ 2,160.12 million by 2027; it is expected to grow at a CAGR of 8.2% during the forecast period. The growing R&D expenditure on drug delivery, growing demand for non-invasive drug delivery devices anddevelopment of new lipid composition for stability and optimization of drugs, are key drivers for liposome drug delivery market. However, the high cost for R&D and COVID-19 pandemic are likely to have a negative impact on market growth.
Key Market Segments
Based on the product, the liposomal doxorubicin segment held the highest share of the Europe liposome drug delivery market in 2019, whereas, liposomal amphotericin B segment is expected to grow at the fastest rate during the forecast period. Based on technology, stealth liposome technology segment held the largest share of the market and is anticipated to grow at the fastest rate during the forecast period. Based on application, cancer therapy segment held the largest share of the Europe liposome drug delivery market in 2019 and is expected to grow at the fastest rate during the forecast period.
Major Sources and Companies Listed
Some of the major primary and secondary sources forEurope Liposome Drug Delivery Market included in the report are novel drug delivery system (NDDS), Celsion Corporation, European and Developing Countries Clinical Trials Partnership (EDCTP), EuropaBio, European Federation of Biotechnology (EFB).
Reasons to buy the report
EUROPE LIPOSOME DRUG DELIVERY MARKET SEGMENTATION
Europe Liposome Drug Delivery Market – By Product
· Liposomal Doxorubicin
· Liposomal Paclitaxel
· Liposomal Amphotericin B
· Others
Europe Liposome Drug Delivery Market – By Technology
· Stealth Liposome Technology
· Non-PEGylated Liposome Technology
· DepoFoam Liposome Technology
· Lysolipid Thermally Sensitive Liposome (LTSL) Technology
Europe Liposome Drug Delivery Market – By Application
· Fungal Diseases
· Cancer Therapy
· Pain Management
· Viral Vaccines
· Photodynamic Therapy
Europe Liposome Drug Delivery Market – By Geography