Injectable drug delivery is a process which involves the
administration of a drug or combination of drugs into the patient’s
body by using various delivery devices such as syringes and needles.
It is important that injectable drugs should be sterilized before
administration. Sterile injectable drugs are mostly prepared in the
liquid form because easy transport of drugs directly systematic blood
circulation. Sometimes, they may be prepared to transport the drug to
a specific part of the body. The term ‘small molecule’ refers
low-molecular-weight organic compound that can be administered orally
or that can be injected. Small-molecule injectable drugs are used in
the treatment of oncology disorders, infectious diseases, blood
diseases, and cardiovascular diseases.
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The global small-molecule injectable drugs market is expected to
expand substantially during the forecast period, due to growth in the
generic injectable is outpacing growth on the innovator side, strong
pipeline in small-molecule injectable drug delivery, high R&D
investment in related small molecule development from major players.
In addition, increase in the incidence of chronic diseases,
especially cancer and diabetes, across the world; rise in focus of
drug manufacturers on research and development of anti-cancer drugs;
increase in approval of new drugs for treatment of chronic diseases
such as cancer drive the global small-molecule injectable drugs
market. However, stringent rules and regulations in relation to
facilities and equipment required for sterile small-molecule
injectable drugs and high level of quality and care required in the
production, storage, packaging, and distribution of small-molecule
injectable drugs are projected to hamper the market during the
forecast period. Setting up integrated facilities in high-potential
markets and shortage in supply of sterile injectables have offered
growth opportunities to manufacturers of small-molecule injectable
drugs.
The global small-molecule injectable drugs market has been segmented
based on application, end-user, and region. Based on application, the
global small-molecule injectable drugs market has been divided into
oncology, anti-infective, blood disorders, hormonal diseases,
diabetes, CNS, and others. The oncology segment dominates the global
small-molecule injectable drugs market, due to rising use of small
molecules in oncology. Based on end-user, the market has been
segmented into hospitals, ambulatory surgical centers, specialty
clinics, and others.
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Geographically, the global small-molecule injectable drugs market has
been segmented into North America, Europe, Latin America, Asia
Pacific, and Middle East & Africa. Each region has been
sub-divided into specific countries. North America dominates the
global small-molecule injectable drugs market, owing to growing
geriatric population, rising incidence of chronic and autoimmune
diseases, and increasing demand for advanced medical technologies in
the U.S. Asia Pacific is projected to be a highly attractive market
during the forecast period, due to rising health care awareness and
surging demand for advanced medical technologies in the region.
Key players operating in the global small-molecule injectable drugs
market are Amgen Inc., Baxter International Genentech, Inc., Novo
Nordisk A/S. Johnson & Johnson, Sanofi S.A., Pfizer, Inc.,
GlaxoSmithKline Plc., AstraZeneca, and Merck & Co., Inc. In order
to gain competitive advantage, major players are actively adopting
various growth strategies. Collaborations, partnerships, agreements,
and new product launches are some of these key strategies adopted by
leading market players.
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