The Latin America, Middle East and Africa Microneedle Drug Delivery Systems Market would witness market growth of 8.8% CAGR during the forecast period (2021-2027).
Microneedle patches are developed in a manner that even less-skilled and less-trained workers can administer these patches to simplify the process of distribution, disposal, and storage. Based on the report by WHO, it is anticipated that there will a significant surge in the number of cancer cases that would consequently increase the demand for microneedle patches for the drug delivery system. Moreover, the aspects accountable to boost the growth of the microneedle drug delivery system market are growing transdermal drug delivery applications for pain management, hormone replacement, congestive heart failure and developments in technologies like microneedle patches.
However, some of the barriers to the market growth are poor absorption, variability in absorption, drug degradation, and local irritation. The demand for microneedle drug delivery systems is increasing due to the excessive availability of safer options to the traditional hypodermic injection that allows pain-free vaccination delivery and is minimally invasive. In the current scenario, the demand for the COVID-19 vaccine is excessively high, which would create lucrative opportunities for microneedles in the market. Additionally, the rising number of diabetes patients is also contributing to the growth of the market. According to WHO, around 422 million people were suffering from diabetes in 2018 across the world.
The region is witnessing a constant surge in the number of premature infants who are highly vulnerable to stunt growth and catching infections. Therefore, early microneedle administration is crucial for preterm infants and they must receive appropriate amino acids & energy. The market players are capitalizing on this opportunity by actively entering the regional market and putting investments in different strategies in order to gain a competitive edge.
High accessibility with ultra-modern supply chain solutions is expected to fuel the growth of the regional microneedle drug delivery systems market in the upcoming years. Moreover, the adoption of microneedle drug delivery systems has been increased in end-user verticals such as diagnostic centers, hospitals, and clinics in order to avoid infections and to maintain hygiene levels. Hence, these factors would open new avenues for growth for the regional microneedle drug delivery systems market.
The Brazil market dominated the LAMEA Pain Management Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $19.7 million by 2027. The Argentina market would witness a CAGR of 10.3% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 9% during (2021 - 2027).
Based on Type, the market is segmented into Hollow, Dissolving, Solid, Coated, and Other Types. Based on Material, the market is segmented into Metal, Polymer, Silicon and Other Material. Based on Application, the market is segmented into Drug delivery, Cancer Therapy, Vaccine delivery, Pain Management, Dermatology and Other Applications. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Microneedle Drug Delivery Systems Market is Predict to reach $9.1 Billion by 2027, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AdminMed nanoBioSciences LLC, Becton, Dickinson and Company, Zosano Pharma Corporation, Raphas co. ltd., Nanopass Technologies Ltd., Corium International, Inc., Gurnet Point Capital), Valeritas, Inc. (Zealand Pharma), Nitto Denko Corporation, Endoderma Ltd., and Innoture Medical Technology Limited.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Hollow
- Dissolving
- Solid
- Coated,
- Other Types
By Material
- Metal
- Polymer
- Silicon
- Other Material
By Application
- Drug delivery
- Cancer Therapy
- Vaccine delivery
- Pain Management
- Dermatology
- Other Applications
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- AdminMed nanoBioSciences LLC
- Becton, Dickinson and Company
- Zosano Pharma Corporation
- Raphas co. ltd.
- Nanopass Technologies Ltd.
- Corium International, Inc. (Gurnet Point Capital)
- Valeritas, Inc. (Zealand Pharma)
- Nitto Denko Corporation
- Endoderma Ltd.
- Innoture Medical Technology Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Microneedle Drug Delivery Systems Market, by Type
1.4.2 LAMEA Microneedle Drug Delivery Systems Market, by Application
1.4.3 LAMEA Microneedle Drug Delivery Systems Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Industry Wide Strategic Developments - Global
3.1 Partnerships, Collaborations and Agreements
3.2 Product Launches and Product Expansions
3.3 Acquisition and Mergers
3.4 Geographical Expansions
3.5 Top Winning Strategies
3.5.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.5.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
Chapter 4. LAMEA Microneedle Drug Delivery Systems Market by Type
4.1 LAMEA Hollow Market by Country
4.2 LAMEA Dissolving Market by Country
4.3 LAMEA Solid Market by Country
4.4 LAMEA Coated Market by Country
4.5 LAMEA Other Types Market by Country
Chapter 5. LAMEA Microneedle Drug Delivery Systems Market by Application
5.1 LAMEA Drug delivery Market by Country
5.2 LAMEA Cancer Therapy Market by Country
5.3 LAMEA Vaccine delivery Market by Country
5.4 LAMEA Pain Management Market by Country
5.5 LAMEA Dermatology Market by Country
5.6 LAMEA Other Applications Market by Country
Chapter 6. LAMEA Microneedle Drug Delivery Systems Market by Material
6.1 LAMEA Metal Market by Country
6.2 LAMEA Polymer Market by Country
6.3 LAMEA Silicon Market by Country
6.4 LAMEA Other Material Market by Country
Chapter 7. LAMEA Microneedle Drug Delivery Systems Market by Country
7.1 Brazil Microneedle Drug Delivery Systems Market
7.1.1 Brazil Microneedle Drug Delivery Systems Market by Type
7.1.2 Brazil Microneedle Drug Delivery Systems Market by Application
7.1.3 Brazil Microneedle Drug Delivery Systems Market by Material
7.2 Argentina Microneedle Drug Delivery Systems Market
7.2.1 Argentina Microneedle Drug Delivery Systems Market by Type
7.2.2 Argentina Microneedle Drug Delivery Systems Market by Application
7.2.3 Argentina Microneedle Drug Delivery Systems Market by Material
7.3 UAE Microneedle Drug Delivery Systems Market
7.3.1 UAE Microneedle Drug Delivery Systems Market by Type
7.3.2 UAE Microneedle Drug Delivery Systems Market by Application
7.3.3 UAE Microneedle Drug Delivery Systems Market by Material
7.4 Saudi Arabia Microneedle Drug Delivery Systems Market
7.4.1 Saudi Arabia Microneedle Drug Delivery Systems Market by Type
7.4.2 Saudi Arabia Microneedle Drug Delivery Systems Market by Application
7.4.3 Saudi Arabia Microneedle Drug Delivery Systems Market by Material
7.5 South Africa Microneedle Drug Delivery Systems Market
7.5.1 South Africa Microneedle Drug Delivery Systems Market by Type
7.5.2 South Africa Microneedle Drug Delivery Systems Market by Application
7.5.3 South Africa Microneedle Drug Delivery Systems Market by Material
7.6 Nigeria Microneedle Drug Delivery Systems Market
7.6.1 Nigeria Microneedle Drug Delivery Systems Market by Type
7.6.2 Nigeria Microneedle Drug Delivery Systems Market by Application
7.6.3 Nigeria Microneedle Drug Delivery Systems Market by Material
7.7 Rest of LAMEA Microneedle Drug Delivery Systems Market
7.7.1 Rest of LAMEA Microneedle Drug Delivery Systems Market by Type
7.7.2 Rest of LAMEA Microneedle Drug Delivery Systems Market by Application
7.7.3 Rest of LAMEA Microneedle Drug Delivery Systems Market by Material
Chapter 8. Company Profiles
8.1 Nitto Denko Corporation
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.2 Becton, Dickinson and Company
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Geographical Expansions:
8.3 AdminMed nanoBioSciences LLC
8.3.1 Company Overview
8.4 Zosano Pharma Corporation
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.5 Raphas Co., Ltd.
8.5.1 Company Overview
8.6 Nanopass Technologies Ltd.
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.7 Corium Inc. (Gurnet Point Capital)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 Zealand Pharma A/S (Valeritas, Inc.)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Research & Development Expenses
8.8.4 Recent strategies and developments:
8.8.4.1 Geographical Expansions:
8.9 Endoderma Co., Ltd.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Geographical Expansions:
8.10. Innoture Medical Technology Limited
8.10.1 Company Overview
TABLE 1 LAMEA Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Microneedle Drug Delivery Systems Market
TABLE 4 Product Launches And Product Expansions– Microneedle Drug Delivery Systems Market
TABLE 5 Acquisition and Mergers– Microneedle Drug Delivery Systems Market
TABLE 6 Geographical Expansions - Microneedle Drug Delivery Systems Market
TABLE 7 LAMEA Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 8 LAMEA Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 9 LAMEA Hollow Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Hollow Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Dissolving Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Dissolving Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Solid Market by Country, 2017 - 2020, USD Million
TABLE 14 LAMEA Solid Market by Country, 2021 - 2027, USD Million
TABLE 15 LAMEA Coated Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Coated Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Other Types Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Other Types Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 20 LAMEA Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 21 LAMEA Drug delivery Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Drug delivery Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Cancer Therapy Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Cancer Therapy Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Vaccine delivery Market by Country, 2017 - 2020, USD Million
TABLE 26 LAMEA Vaccine delivery Market by Country, 2021 - 2027, USD Million
TABLE 27 LAMEA Pain Management Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Pain Management Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Dermatology Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Dermatology Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Other Applications Market by Country, 2017 - 2020, USD Million
TABLE 32 LAMEA Other Applications Market by Country, 2021 - 2027, USD Million
TABLE 33 LAMEA Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 34 LAMEA Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 35 LAMEA Metal Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Metal Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Polymer Market by Country, 2017 - 2020, USD Million
TABLE 38 LAMEA Polymer Market by Country, 2021 - 2027, USD Million
TABLE 39 LAMEA Silicon Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Silicon Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Other Material Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Other Material Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Microneedle Drug Delivery Systems Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Microneedle Drug Delivery Systems Market by Country, 2021 - 2027, USD Million
TABLE 45 Brazil Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 46 Brazil Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 47 Brazil Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 48 Brazil Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 49 Brazil Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 50 Brazil Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 51 Brazil Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 52 Brazil Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 53 Argentina Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 54 Argentina Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 55 Argentina Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 56 Argentina Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 57 Argentina Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 58 Argentina Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 59 Argentina Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 60 Argentina Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 61 UAE Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 62 UAE Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 63 UAE Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 64 UAE Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 65 UAE Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 66 UAE Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 67 UAE Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 68 UAE Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 69 Saudi Arabia Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 70 Saudi Arabia Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 71 Saudi Arabia Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 72 Saudi Arabia Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 73 Saudi Arabia Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 74 Saudi Arabia Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 75 Saudi Arabia Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 76 Saudi Arabia Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 77 South Africa Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 78 South Africa Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 79 South Africa Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 80 South Africa Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 81 South Africa Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 82 South Africa Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 83 South Africa Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 84 South Africa Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 85 Nigeria Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 86 Nigeria Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 87 Nigeria Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 88 Nigeria Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 89 Nigeria Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 90 Nigeria Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 91 Nigeria Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 92 Nigeria Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 93 Rest of LAMEA Microneedle Drug Delivery Systems Market, 2017 - 2020, USD Million
TABLE 94 Rest of LAMEA Microneedle Drug Delivery Systems Market, 2021 - 2027, USD Million
TABLE 95 Rest of LAMEA Microneedle Drug Delivery Systems Market by Type, 2017 - 2020, USD Million
TABLE 96 Rest of LAMEA Microneedle Drug Delivery Systems Market by Type, 2021 - 2027, USD Million
TABLE 97 Rest of LAMEA Microneedle Drug Delivery Systems Market by Application, 2017 - 2020, USD Million
TABLE 98 Rest of LAMEA Microneedle Drug Delivery Systems Market by Application, 2021 - 2027, USD Million
TABLE 99 Rest of LAMEA Microneedle Drug Delivery Systems Market by Material, 2017 - 2020, USD Million
TABLE 100 Rest of LAMEA Microneedle Drug Delivery Systems Market by Material, 2021 - 2027, USD Million
TABLE 101 Key Information –Nitto Denko Corporation
TABLE 102 Key information – Becton, Dickinson and Company
TABLE 103 Key Information – AdminMed nanoBioSciences LLC
TABLE 104 Key Information – Zosano Pharma Corporation
TABLE 105 Key Information – Raphas Co., Ltd.
TABLE 106 Key Information – Nanopass Technologies Ltd.
TABLE 107 Key Information – Corium Inc.
TABLE 108 Key Information – Valeritas, Inc.
TABLE 109 Key Information – ENDODERMA CO., LTD.
TABLE 110 Key Information – Innoture Medical Technology Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 4 Recent strategies and developments: Nitto Denko Corporation
FIG 5 Recent strategies and developments: Becton, Dickinson and Company