Oral Drug Delivery Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Formulation (Tablets, Capsules, Drops, Powder, Liquid or Syrup, Decoction), By Application (Disease Treatment, Research/Academic Purposes), And By Geography - Forecasts From 2022 To 2027

The oral drug delivery market is expected to grow at a CAGR of 6.04% during the forecast period to reach US$148.201 billion by 2027, from US$98.302 billion in 2020. Because oral drug delivery is noninvasive, has a high rate of patient compliance, is easy to handle, and does not require any special sterile conditions, it is considered the most popular method of administration. Hence, it is highly preferred by a wide spectrum of consumers. Because of the prevalence of chronic diseases around the world, these are in high demand. Moreover, rising research and development investment, advancing health expenditure, and an aging population will all contribute to market expansion throughout the projection period. The oral drug delivery market can be segmented by formulation, application, and geography.

Various factors are expected to drive the oral drug delivery market during the forecast period, including an increase in the number of collaborations among market participants, an increase in the incidence of chronic diseases, and an increase in the global geriatric population.

People are embracing a more sedentary lifestyle as the middle class expands and urbanisation accelerates. Obesity rates and occurrences of diseases like diabetes are rising as a result of this. According to the World Health Organization, the prevalence of chronic disease will rise by 57% by 2020.  GlobalData epidemiologists predict that by 2021, India will have 75.26 million diagnosed prevalent cases of type 2 diabetes and 26,000 diagnosed incident cases of endometrial cancer, with 91.72 million and 32,000 cases, respectively, by 2028. According to the American Cancer Society, in 2021, there will be 1.9 million new cancer diagnoses and 608,570 cancer deaths in the United States. According to a report published by Frontiers In Public Health, chronic noncommunicable diseases account for about 80% of the mortality among adults aged 60 in China, with ischemic heart disease, stroke, chronic obstructive pulmonary disease (COPD), and type 2 diabetes being the most common. Smoking, alcohol usage, sedentary activity, and poor nutritional intake are all significant contributors to these diseases. Oral drug delivery systems are expected to become more popular as the prevalence of chronic diseases rises around the world.

According to the World Population Prospects: the 2019 Revision, by 2050, one out of every six people on the planet will be over the age of 65 (16%), up from one out of every eleven in 2019 (9%). One in every four people in Europe and North America could be 65 or older by 2050. In 2018, people aged 65 and older outnumbered kids under the age of five for the first time in history on a global level. From 143 million in 2019 to 426 million in 2050, the number of people aged 80 and up is expected to treble. Eastern and South-Eastern Asia's population aged 65 and above nearly doubled from 6% in 1990 to 11% in 2019, while Latin America and the Caribbean's population aged 65 and above nearly doubled from 5% in 1990 to 9% in 2019. The growing geriatric population around the world is also expected to propel market growth in the forecast period.

Moreover, rising research and development and partnerships amongst market players will expand the growth of oral delivery globally. For instance, SWK Holdings Corporation announced the acquisition of Enteris BioPharma in August 2019. This acquisition will allow the company to broaden its product line and provide more advanced products to its clients. This will also allow the company to become a pioneer in the field of orally delivered peptide and small molecule therapies. Similarly, in September 2021, Bio-Thera Solutions signed an agreement with Interact, acquiring the license to employ the oral delivery system with a single monoclonal antibody that will remain unnamed. Moreover, in November 2021, EsoCap completed a private funding round, with existing and new investors participating. The funds will be utilized to further develop and industrialize EsoCap's focused application technology, which will allow for the effective local therapy of esophageal illnesses.

During the projected period, North America is anticipated to dominate the oral drug delivery market.

During the forecast period, North America is expected to have a large market share. Technological advances, rising patent approvals, and research on the usage of nanotechnology for drug delivery in the region are expected to drive the market. For example, Oramed Pharmaceuticals Inc., a clinical-stage pharmaceutical firm researching oral drug delivery systems, got a US patent in March 2019. Furthermore, due to the rapid adoption of new drug delivery technologies and the presence of research centers developing innovative drug delivery systems in the country, the United States is expected to hold a significant share of the oral drug delivery systems market in North America during the forecast period.

COVID -19 Insights

The COVID-19 pandemic has had a positive impact on the market for oral drug delivery because the demand for healthcare has increased exponentially around the world as a result of the virus outbreak. Since the disease's emergence, finding effective medications to treat COVID-19 has been a top priority. For instance, Merck and Ridgeback collaborated on the development of Molnupiravir, an oral antiviral medication. The drug delivery market has grown as a result of a lack of appropriate treatment, healthcare infrastructure, and medicine unavailability. Furthermore, as a result of the pandemic, the FDA clearance process became relatively easier, resulting in increased market growth.

Oral Drug Delivery Market Scope:

 

Report Metric	Details
Market Size Value in 2020	US$98.302 billion
Market Size Value in 2027	US$148.201 billion
Growth Rate	CAGR of 6.04% from 2020 to 2027
Base Year	2020
Forecast Period	2022 – 2027
Forecast Unit (Value)	USD Billion
Segments Covered	Formulation, Application, And Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Pfizer Inc., AstraZeneca, Alpex Pharma S.A., SPI Pharma, Globela Pharma Pvt Ltd, Lupin Pharmaceuticals, Inc., Mayne Pharma Group Limited, Adare Pharmaceuticals, Inc., AdhexPharma, Aquestive Therapeutics
Customization Scope	Free report customization with purchase

 

Key Market Segments

• By Formulation
  • Tablets
  • Capsules
  • Drops
  • Powder
  • Liquid or Syrup
  • Decoction
• By Application
  • Disease Treatment
  • Research/Academic purposes
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • Israel
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Thailand
    • South Korea
    • Taiwan
    • Indonesia
    • Others

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1. INTRODUCTION
1.1. Market Definition
1.2. Market Segmentation

2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions

3. EXECUTIVE SUMMARY
3.1. Research Highlights

4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Powers of Buyers
4.3.3. Threat of Substitutes
4.3.4. The threat of New Entrants
4.3.5. Competitive Rivalry in Industry
4.4. Industry Value Chain Analysis

5. ORAL DRUG DELIVERY MARKET, BY FORMULATION 
5.1. Introduction
5.2. Tablets
5.3. Capsules
5.4. Drops
5.5. Powder
5.6. Liquid or Syrup
5.7. Decoction

6. ORAL DRUG DELIVERY MARKET, BY APPLICATION
6.1. Introduction
6.2. Disease Treatment
6.3. Research/Academic purposes

7. ORAL DRUG DELIVERY MARKET, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. Germany
7.4.2. France
7.4.3. United Kingdom
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. Israel
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. South Korea
7.6.4. India
7.6.5. Thailand 
7.6.6. South Korea
7.6.7. Taiwan 
7.6.8. Indonesia
7.6.9. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrative
8.3. Mergers, Acquisition, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES
9.1. Pfizer Inc.
9.2. AstraZeneca
9.3. Alpex Pharma S.A.
9.4. SPI Pharma
9.5. Globela Pharma Pvt Ltd
9.6. Lupin Pharmaceuticals, Inc.
9.7. Mayne Pharma Group Limited
9.8. Adare Pharmaceuticals, Inc.
9.9. AdhexPharma
9.10. Aquestive Therapeutics

Pfizer Inc.

AstraZeneca

Alpex Pharma S.A.

SPI Pharma

Globela Pharma Pvt Ltd

Lupin Pharmaceuticals, Inc.

Mayne Pharma Group Limited

Adare Pharmaceuticals, Inc.

AdhexPharma

Aquestive Therapeutics