Market Size of Liposome Drug Delivery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.50 % |
Fastest Growing Market | North America |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Liposome Drug Delivery Market Analysis
The liposome drug delivery market is expected to register a CAGR of 8.5% during the forecast period of the study.
COVID-19 impacted the liposome drug delivery market as various R&D activities involving liposome drug delivery were postponed around the world by the respective government of the countries. However, the importance of liposomes in drug delivery was realized soon and intensive research started on the liposome drug delivery system for the treatment of COVID-19 which propelled the market growth in the later phase of the pandemic. For instance, according to the research study published in the Asian Journal of Pharmaceutical Sciences in November 2021, the researchers developed lyophilized remdesivir liposomes (Rdv-lips), which could be reconstituted as a liposomal aerosol for pulmonary delivery to improve the in vivo behavior of existing remdesivir cyclodextrin conclusion compound (Rdv-cyc) injections and liposome encapsulation endowed remdesivir with much higher solubility and better biocompatibility, and thus, increased the efficacy of the drug. The market is growing in the current scenario because the companies are still engaged in the development of therapeutics against COVID-19, in which liposome-based drugs or vaccines can play a vital role.
The major factor driving the growth of the liposome drug delivery market is the increasing demand for effective and efficient therapeutics since liposome-based drug delivery method offers certain advantages over other delivery systems. For instance, according to the research study published in Molecules Journal in February 2022, liposomes have better properties than standard drug delivery methods, such as site-targeting, prolonged or controlled release, drug protection from degradation and clearance, higher therapeutic effects, and lesser toxic side effects.
Also, the application of liposomes to assist drug delivery has shown to be beneficial for stabilizing therapeutic compounds, overcoming obstacles to cellular and tissue uptake, and improving the biodistribution of compounds to target sites in vivo. This enables the effective delivery of encapsulated compounds to target sites while minimizing systemic toxicity. Liposomes are an appealing delivery system due to their adaptable physicochemical and biophysical properties, which allow for easy manipulation to address various delivery concerns. Hence, they are the preferred choice of drug manufacturers.
Furthermore, with the increasing prevalence of chronic diseases such as cancer, diabetes, fungal infections, and others around the world, the demand for effective therapeutics is increasing, which is expected to fuel the growth of the liposome drug delivery market. For instance, according to the December 2021 update of the International Diabetes Federation (IDF), about 537 million adults of age 20 to 79 years were living with diabetes around the world in 2021, and this number is estimated to reach 643 million by 2030 and 783 million by 2045. The projected rise in the number of diabetes cases globally is expected to boost demand for liposomal diabetes therapeutics to increase its efficacy and reduce the toxicity and hence, drive growth of the studied market.
In addition, the increasing advancement in the liposomal drug delivery method with the new investments in the area along with product launches, acquisitions, and collaborations by the market players is further expected to boost the growth of the liposome drug delivery market. For instance, in October 2021, Evonik Health Care, an integrated contract development and manufacturing organization (CDMO) that offers excipients, formulation technologies, and clinical and commercial manufacturing, launched a new version of its established LIPEX liposome extruder. LIPEX Flow meets the market need for more efficient, next-generation high-pressure extruders to produce drug products requiring conventional liposomal drug delivery, including drugs for oncology, vaccines, and other applications.
Therefore, owing to the above-mentioned factors, the studied market is expected to experience significant growth during the study period. However, stringent regulatory policies and adverse effects associated with drug delivery are expected to restrain the growth of the liposome drug delivery market during the forecast period of the study.
Liposome Drug Delivery Industry Segmentation
As per the scope of the report, liposomes are lipid-based bilayer vesicles that can encapsulate, deliver, and release low-soluble drugs and small molecules to a specific target site in the body. They've been shown to help stabilize therapeutic compounds, overcome barriers to cellular and tissue uptake, and improve the biodistribution of compounds to target sites in vivo. Liposomes are a desirable delivery technology because of their adaptable physicochemical and biophysical features, which allow for easy customization to meet a variety of delivery needs. The liposome drug delivery market is segmented by product (liposomal paclitaxel, liposomal Doxorubicin, liposomal Amphotericin B, and others), technique (stealth liposome technology, non-PEGylated liposome technology, and DepoFoam liposome technology), indication (fungal infections/diseases, cancer therapeutics, pain management, viral vaccines, and others), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
By Product | |
Liposomal Paclitaxel | |
Liposomal Doxorubicin | |
Liposomal Amphotericin B | |
Others |
By Technique | |
Stealth Liposome Technology | |
Non-PEGylated Liposome Technology | |
DepoFoam Liposome Technology |
By Indication | |
Fungal Infections/Diseases | |
Cancer Therapeutics | |
Pain Management | |
Viral Vaccines | |
Others |
Geography | ||||||||
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Liposome Drug Delivery Market Size Summary
The liposome drug delivery market is poised for significant growth, driven by the increasing demand for effective therapeutics and the advantages offered by liposome-based delivery systems. These systems provide benefits such as site-targeting, controlled release, and enhanced therapeutic effects, making them a preferred choice for drug manufacturers. The market's expansion is further supported by the rising prevalence of chronic diseases, including cancer and diabetes, which necessitates the development of advanced therapeutics. The COVID-19 pandemic initially posed challenges by delaying research activities, but it also highlighted the potential of liposomes in drug delivery, leading to intensified research and development efforts. This has resulted in innovative applications, such as liposomal aerosols for improved drug solubility and biocompatibility, which have contributed to the market's growth trajectory.
North America is expected to dominate the liposome drug delivery market due to the high prevalence of chronic diseases, an aging population, and substantial investments in research and development. The region's market growth is further bolstered by the launch of innovative products and government funding for disease research. The competitive landscape is marked by the presence of several key players, including Gilead Sciences, Inc., Pacira BioSciences, Inc., and Johnson and Johnson, who are actively engaged in product development and strategic collaborations. These dynamics, coupled with the ongoing advancements in liposomal drug delivery technologies, are anticipated to drive the market's expansion during the forecast period.
Liposome Drug Delivery Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Prevalence of Cronic Diseases Like Cancer
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1.2.2 Advantages Associated With The Liposome Drug Delivery System
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1.3 Market Restraints
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1.3.1 Stringent Regulatory Policies and Adverse Effects Associated with the Drug Delivery
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - in USD Million)
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2.1 By Product
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2.1.1 Liposomal Paclitaxel
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2.1.2 Liposomal Doxorubicin
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2.1.3 Liposomal Amphotericin B
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2.1.4 Others
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2.2 By Technique
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2.2.1 Stealth Liposome Technology
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2.2.2 Non-PEGylated Liposome Technology
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2.2.3 DepoFoam Liposome Technology
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2.3 By Indication
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2.3.1 Fungal Infections/Diseases
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2.3.2 Cancer Therapeutics
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2.3.3 Pain Management
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2.3.4 Viral Vaccines
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2.3.5 Others
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Liposome Drug Delivery Market Size FAQs
What is the current Global Liposome Drug Delivery Market size?
The Global Liposome Drug Delivery Market is projected to register a CAGR of 8.5% during the forecast period (2024-2029)
Who are the key players in Global Liposome Drug Delivery Market?
Gilead Sciences, Inc., Pacira BioSciences, Inc., Luye Pharma Group, Johnson and Johnson and Ipsen Biopharmaceuticals, Inc. are the major companies operating in the Global Liposome Drug Delivery Market.