What are the factors driving the Controlled Release Drug Delivery Market?
Controlled Release Drug Delivery Industry Overview The global control release drug delivery market was valued at USD 47.39 billion in 2021 and is anticipated to expand at a CAGR of 10.5% over the forecast period. Changing prescription patterns of physicians preferring controlled release drug delivery over conventional systems owing to the benefits such as high-therapeutic efficacy, better patient compliance, and reduced treatment cost are expected to contribute towards the growth of the market over the forecast period. Moreover, being a part of a highly competitive and fragmented market, pharmaceutical companies are pro-active with the changing market requirements and are continuously investing on developing controlled release drug delivery system, thereby significantly driving the demand. Gather more insights about the market drivers, restrains and growth of the Global Controlled Release Drug Delivery Market Constantly rising R&D expenditure by pharmaceutical dev...