Drug Delivery Across Blood Brain Barrier Market Size Report, 2019-2026 (Includes Business Impact of COVID-19)

  • TBI40990
  • November 28, 2020
  • Global
  • 132 pages
  • Lucintel
                                          

Industry Insights, Market Size, CAGR, High-Level Analysis: Drug Delivery Across Blood Brain Barrier Market

The global drug delivery across blood brain barrier (BBB) market size was estimated at USD 582.0 million in 2018. Growing incidences of neurological disorders, such as Alzheimers disease, Parkinsons disorder, Hunters syndrome, and brain tumor are anticipated to drive the market over the forecast period. Additionally, rising prevalence of dementia, majorly affecting the elderly population, is another driver of the market. On global scale, approximately 50 million people are diagnosed with dementia and this condition is prevalent in 60-70% patients suffering from Alzheimers. Other associated conditions are vascular dementia and other group of disorders that develop frontotemporal dementia, and dementia with Lewy bodies. Rising prevalence of dementia is hence, anticipated to drive the demand for this market. Increasing use of nanotechnology in treating various medical conditions is prevalent in the healthcare domain. Nanotechnology offers several advantages in the treatment of various chronic disorders by target-oriented and site-specific delivery of precise medicines. Moreover, facilitation of drug delivery and biological therapy for brain cancer across blood brain barrier is one of the important applications of nanobiotechnology. Hence, growing use of nanobiotechnology-based drug delivery for brain tumors is also driving the market. With few challenges faced by nanoparticles-based drug delivery, the ongoing research is expected to present progress in the drug delivery. One of the major advantages of NP-based drug delivery technology is that it overcomes the blood brain barrier limiting property of therapeutic drug module. In addition, nanoparticles reduces the speed of drug release in the brain, which decrease the peripheral toxicity. Growing number of neurological disorders, such as brain cancer, brain tumor, acute and chronic cerebral ischemia, multiple sclerosis, and brain infections, is expanding the demand for advanced drug delivery technology. According to The Lancet Neurology, neurological disorders are the second leading cause of death, worldwide. Growing research and application in the domain is anticipated to fuel the applications of nanoparticles, thereby driving the drug delivery across blood brain barrier market.

Drug Delivery

Technology Insights of Drug Delivery Across Blood Brain Barrier Market

Based on technology, market is categorized into Trojan horse approach, bispecific antibody RMT approach, increasing the permeability of BBB, passive diffusion, and other non-invasive BBB technologies. Increasing permeability of BBB registered significant share of the drug delivery across blood brain barrier market owing to growing number of research activities for treating various neurological and CNS (Central Nervous System) disorders. Novel drug delivery technologies are being considered for overcoming the drawbacks & side effects of traditionally used methods, for increasing permeability of blood brain barrier, to attack specifically on brain tumors while separating the rest of body from probable injury. Growing efforts in innovation and investigation in drug delivery technologies in chemical, physical, biological, and several nanoparticle systems are anticipated boost the segments growth. Trojan horse approach segment is also expected to grow considerably over the forecast period owing to increasing use of biologics for treating CNS disorders and high permeability for blood brain barrier. Biologics are considered new therapy for curing most CNS disorders. Biologics are preferred since they deliver specific materials to the brain by allowing them fight with a protein that helps cross the barrier.

Application Insights of Drug Delivery Across Blood Brain Barrier Market

Based on application, market is divided into Alzheimers, Epilepsy, Parkinsons, multiple sclerosis, Hunters syndrome, brain cancer, and others. Among these, Parkinsons disorder registered maximum share of the drug delivery across blood brain barrier market owing to high prevalence of the disorder. Growing prevalence of epilepsy is also expected to lead the segment growth. According to World Health Organization (WHO), approximate 50 million people are affected by epilepsy. Epilepsy is also one of the most prevalent neurological disorders as compared to others which is why the EU safety standards have mandated to mention possible epileptic incidence triggering devices/electronics. Moreover, risk of early death in people suffering from epilepsy is 3 times higher as compared to the general population due to the physical overwhelming nature of seizures induced in the form of an attack. Hunters syndrome segment is also expected to grow significantly in the near future. Introduction of therapies, such as enzyme replacement therapy incorporated with recombinant iduronate-2-sulphatase (idursulfase) in the drug delivery for improving the symptoms of the targeted disorder is expected to boost the segment growth.

Regional Insights of Drug Delivery Across Blood Brain Barrier Market

The market is segmented as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America registered significant share of the market owing to high prevalence of Hunters & Alzhiemers syndrome and adoption of innovative techniques for treating severe life-threatening disorders. Asia Pacific is also predicted to exhibit the fastest growth in this market over the forecast period owing to rise in cases of neurological disorders and growing geriatric population that are prone to CNS and brain disorders. Additionally, a growing medical tourism industry and long-term care facilities are also expected to drive the market in the region. Moreover, increasing healthcare expenditure for long term care patients, growing investment in pharmaceutical research & development, rising awareness for chronic neurological diseases, and growing awareness campaigns for neurological disorders are expected to drive the regional market in future.

Market Share Insights of Drug Delivery Across Blood Brain Barrier Market

Few players present in market are Ossianix, Inc., Insightec, Angiochem Inc., Armagen Technologies, Inc., BrainsGate, BiOasis Technologies, Inc., CarThera, F. Hoffman La-Roche, and Iproteos S.L. These players are focused on adopting growth strategies, such as innovations in the therapeutic techniques, R&D for introduction of modern techniques for curing neurological disorders, campaigns for creating awareness in the untapped regions of developing economies, mergers and acquisitions with innovative firms, and more. Ossianix, Inc., one of the leading innovators in the BBB market, lately announced a research association and agreement with Novo Nordisk, a multinational pharmaceutical company. The collaboration aims at providing therapeutic molecules for various severe disorders across the blood brain barrier to the brain. According to the agreement, Ossianix Company will use its copyright single domain VNAR antibodies for delivering decided number of therapeutic agents of Novo Nordisk, wherein, Novo Nordisk will be solely responsible for the launch and commercialization of the healing products.

p2 Segments covered in the report

This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, this market research report has segmented the global drug delivery across blood brain barrier market on the basis of drug delivery technology, application and region:

Drug Delivery Technology Outlook (Revenue, USD Million, 2016 - 2026)

  • Trojan Horse Approach
  • Bispecific Antibody RMT Approach
  • Increasing the Permeability of BBB
  • Passive Diffusion
  • Other Non-Invasive BBB Technologies

Application Outlook (Revenue, USD Million, 2016 - 2026)

  • Alzheimers Disease
  • Epilepsy
  • Parkinsons Disease
  • Multiple Sclerosis
  • Hunters Syndrome
  • Brain Cancer
  • Others

Table of Contents 
Chapter 1. Methodology and Scope                     1.1. Market Segmentation & Scope                          1.1.1. Drug delivery technology                          1.1.2. Application                          1.1.3. Regional scope                          1.1.4. Estimates and forecast timeline                     1.2. Research Methodology                     1.3. Information Procurement                          1.3.1. Purchased database                          1.3.2. GVR’s internal database                          1.3.3. Secondary sources                          1.3.4.
|  read more...

Request a sample

Fill below form to request a sample

Enquiry

Please fill this form to enquire before buying

Discount

You can request for discount regarding the report by using below form