PUBLISHER: TechNavio | PRODUCT CODE: 1238704
PUBLISHER: TechNavio | PRODUCT CODE: 1238704
Technavio has been monitoring the sustained release coating market and is forecast to grow by $207.64 mn during 2022-2027, accelerating at a CAGR of 6.11% during the forecast period. Our report on the sustained release coating market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for pharmaceutical products, rising demand for personalized medicine, and advancements in technology.
Technavio's sustained release coating market is segmented as below:
By Type
By Application
By Geography
This study identifies the growing popularity of biodegradable and environmentally friendly sustained release coatings as one of the prime reasons driving the sustained release coating market growth during the next few years. Also, increasing focus on improving drug bioavailability and reducing dosing frequency and increasing adoption of nanotechnology-based sustained release coatings will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sustained release coating market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sustained release coating market vendors that include Ashland Inc., BASF SE, Coating Place Inc., Eastman Chemical Co., Evonik Industries AG, G.M. Chemie Pvt. Ltd., JRS PHARMA GmbH and Co. KG, LFA Machines Oxford Ltd., Merck KGaA, Novartis AG, Panacea Biotec Ltd., Panchsheel Organics Ltd., Pfizer Inc., S.B. Panchal and Co., Spraycel Coatings, Viatris Inc., Sun Pharmaceutical Industries Ltd., Lonza Group Ltd., AstraZeneca Plc, and Meenaxy Pharma Pvt. Ltd. Also, the sustained release coating market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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