Gastroretentive Drug Delivery Systems Outsourcing Market [2028]: Navigating Opportunities and Challenges - An Insightful Perspective from TechSci Research

In the realm of pharmaceuticals, constant innovation is the key to addressing healthcare challenges effectively. Among the latest advancements, gastroretentive drug delivery systems stand out for their potential to revolutionize drug delivery and enhance patient outcomes. These systems are designed to prolong the residence time of drugs in the stomach, offering benefits like improved bioavailability, reduced side effects, and enhanced patient compliance. The Global Gastroretentive Drug Delivery Systems Outsourcing Market, as revealed by the TechSci Research report titled “Gastroretentive Drug Delivery Systems Outsourcing Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, witnessed a significant growth trajectory, reaching USD 1.07 billion in 2022. Projections indicate a promising future with a projected CAGR of 5.29% during the forecast period from 2024 to 2028.

Drivers of Market Growth

1. Rising Incidence of Gastrointestinal Disorders

Gastrointestinal disorders, encompassing ailments such as GERD, IBS, and peptic ulcers, are increasingly prevalent worldwide. These conditions necessitate targeted drug delivery systems to address specific gastrointestinal issues effectively. Gastroretentive drug delivery systems offer a solution by ensuring sustained drug release in the stomach, thereby catering to the localized treatment needs of patients with such disorders.

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2. Aging Population

The global demographic shift towards an aging population has led to a higher incidence of chronic diseases, including those affecting the gastrointestinal tract. With age, individuals become more susceptible to such ailments, driving the demand for innovative pharmaceutical interventions. Gastroretentive drug delivery systems, with their capability to provide prolonged therapeutic effects, have emerged as a preferred choice for addressing the healthcare needs of the elderly population.

3. Enhancing Patient Compliance

Patient adherence to prescribed medications is a significant challenge in healthcare. Conventional drug delivery methods often pose inconvenience and discomfort to patients, leading to non-compliance. Gastroretentive drug delivery systems offer a patient-friendly alternative by reducing dosing frequency and eliminating the need for strict timing, thereby improving adherence and treatment efficacy.

Outsourcing: A Strategic Imperative

In the pursuit of developing gastroretentive drug delivery systems, pharmaceutical companies are increasingly turning to outsourcing as a strategic imperative. Outsourcing enables companies to leverage specialized expertise, streamline operations, and accelerate the development and commercialization of innovative drug formulations. Contract service providers specializing in gastroretentive drug delivery offer comprehensive solutions spanning research and development, clinical testing, and commercial-scale production, allowing pharmaceutical companies to focus on their core competencies while ensuring the timely delivery of effective treatments to patients.

Market Segmentation

The Global Gastroretentive Drug Delivery Systems Outsourcing Market is segmented based on dosage form, offering insights into the dominant trends and preferences in the industry.

1. Tablets:

Tablets emerged as the dominant segment in 2022, owing to their solid-state formulation, which facilitates controlled-release technologies and stable drug storage. Tablets offer patient-friendly administration and are well-suited for gastroretentive drug delivery systems, ensuring sustained release and targeted action within the gastrointestinal tract.

2. Capsules:

Capsules are anticipated to witness significant growth in the forecast period, driven by their versatility and patient-friendly nature. Gastroretentive drug delivery systems can be effectively incorporated into capsule formulations, enabling precise targeting and prolonged drug residence in the stomach or upper intestine. Capsules offer a convenient dosage form for delivering drugs requiring controlled release or site-specific action, making them an ideal choice for gastroretentive drug delivery outsourcing.

Regional Analysis: North America Dominates

In 2022, North America emerged as the dominant player in the Global Gastroretentive Drug Delivery Systems Outsourcing Market, holding the largest market share. The region boasts a robust pharmaceutical industry, with numerous major companies and research institutions driving innovation and seeking specialized outsourcing services. Regulatory agencies like the FDA provide a conducive environment for the development and approval of innovative drug delivery technologies, further fueling the demand for outsourcing in North America.

Competitive Analysis

Competitive analysis is integral to understanding the market landscape and identifying key players shaping industry dynamics. By assessing competitors' strategies, market positioning, and product offerings, stakeholders can formulate informed decisions and gain a competitive edge in the market.

Benefits of the Research Report

The TechSci Research report offers invaluable insights into the Global Gastroretentive Drug Delivery Systems Outsourcing Market, empowering stakeholders with comprehensive market intelligence and actionable recommendations. Key benefits of the report include:

• Strategic Decision-Making: The report equips stakeholders with strategic insights and industry trends to make informed decisions and capitalize on emerging opportunities in the market.

• Competitive Benchmarking: By analyzing competitors' strategies and market positioning, stakeholders can benchmark their performance and develop strategies to gain a competitive advantage.

• Market Segmentation: Detailed segmentation of the market based on dosage form and regional distribution provides a granular understanding of market dynamics and helps identify growth opportunities in specific segments.

• Forecasting: Projections for market growth and trends during the forecast period enable stakeholders to anticipate future market developments and plan their strategies accordingly.

The Global Gastroretentive Drug Delivery Systems Outsourcing Market presents lucrative opportunities for pharmaceutical companies and contract service providers alike. With the demand for innovative drug delivery solutions on the rise, leveraging specialized expertise and embracing outsourcing partnerships can drive success in this dynamic and evolving market landscape.

Market Trends:

• Major driving factors for market growth include increased outsourcing demand and rising disease burdens throughout the globe.

• Advanced formulation technologies are anticipated to create growth opportunities for the market in the coming years.

• The industry is experiencing advances in formulation technologies, allowing the creation of more sophisticated and personalized GRDDS.

• GRDDS offer various advantages, such as enhancing patient adherence by reducing the dosing frequency, improving the efficacy of short-half-life drugs, enabling targeted drug delivery, sustaining controlled release within the stomach, prolonging drug presence at absorption sites, increasing drug bioavailability in the gastrointestinal tract, and preventing the sudden release of doses.

• The increasing prevalence of gastric-related diseases such as peptic ulcer and gastric ulcer is expected to drive overall market growth.

• GRDDS are formulated to have prolonged gastric retention times. This design facilitates direct interaction with the ulcer site, resulting in elevated drug concentrations, specifically in the affected region.

• The tablet segment dominated the GRDDS outsourcing market with a revenue share of over 38% in 2021.

• The market caters to the demand for contract manufacturing and outsourcing services for the development and production of GRDDS3.

• Collaboration between contract research organizations (CROs), pharmaceutical companies, and regulatory agencies drives innovation and market growth in GRDDS outsourcing.

• The market supports accelerated drug development timelines and improved patient compliance and therapeutic outcomes.

• A prominent trend in the GRDDS outsourcing market is the increasing demand for gastroretentive formulations.

Major companies operating in Global Gastroretentive Drug Delivery Systems Outsourcing Market are:

• Catalent Inc.

• Lonza Group

• Evonik

• Colorcon

• Quotient Sciences

• Aptar Pharma

• Aenova Group

• Evotec

• Vectura Group Ltd.

• Ashland.

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 “The Global Gastroretentive Drug Delivery Systems Outsourcing Market is poised for significant growth in the coming years. The advancements in drug delivery technologies, particularly gastroretentive systems, are driving innovation and spurring pharmaceutical companies to invest in specialized outsourcing services. The emphasis on improved patient compliance, personalized medicine, and patient-centric healthcare further fuels the demand for outsourcing partners with expertise in gastroretentive drug delivery. Regulatory support and a strong focus on research and development also play pivotal roles in propelling the market forward.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Gastroretentive Drug Delivery Systems Outsourcing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Dosage Form (Tablets, Liquid, Microspheres, Capsule, Others) Region and Competition”, has evaluated the future growth potential of Global Gastroretentive Drug Delivery Systems Outsourcing Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Gastroretentive Drug Delivery Systems Outsourcing Market.

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