Drug Device Combination Market Trends and 2022 Forecast

1. Drug Device Combination Market Trends and 2022 Forecast Drug Device Combination is combining two or more different types of products including medical devices, biologics and drugs. With drug device combination products there is an increase in overall efficacy and percentage of patients who respond. The efficacy depends upon the pharmacodynamics and pharmacokinetic properties of the drug used in combination. There are different types of drug device combination products. In case of infusion pumps, fluids such as nutrients and medications are administered into a patient’s body in controlled amounts. Next drug device combination product is inhaler which helps in administering drug to a patient via lungs. Further, transdermal patch is an adhesive pad which is placed on skin to administer a time released dose of medication directly into the bloodstream via skin. In case of drug eluting stents such as urethral stents, the stent is coated with medicines such as heparin which is an anti-coagulating agent. This stent maintains the urinary flow from the kidney to the bladder while avoiding coagulation. Another drug device combination product is orthopedic drug combination product such as antibiotic bone cement which is used for treating infected joint arthroplasties. Next combination product is drug device combination, in which duration of action of a drug and intensity is increased. It reduces the dosage frequency and improves patient compliance. Wound care products are used in managing wounds. In case of photodynamic therapy devices, a photosensitizer and a type of light is used to treat tumors on the skin. 1 | P a g e

2. Ask for Customizations: https://www.crystalmarketresearch.com/report/drug-device-combination- market#customization The major factor driving the growth of drug devices market is increase in the prevalence of chronic diseases. According to European Academy of Allergy and Clinical Immunology (EAACI), in 2013, around 300 million people were suffering from asthma and the number is expected to increase by 100 million by 2025. In terms of global years lived with disability, the Global Asthma Network states that asthma is the 14TH most important medical condition worldwide. Further, it also states that, asthmatic symptoms are experienced by 14% of the total children population across the world. Additionally, increase in the adoption of point of care treatments will also boost this market. Moreover, increase in the geriatric population will also drive this market. For instance, according to WHO, in 2015, 900 million people were 60 years of age or older and the number is expected to reach up to 2 billion by 2050. The key strategy followed by the major players in the drug device combination market is product launch to gain competitive advantage and more market share. For instance, in 2016, AstraZeneca’s Bevespi Aerosphere was approved by the FDA for patients with COPD. It is a metered dose inhaler which contains combination of two drugs, namely, glycopyrrolate and formoterol fumarate. With the launch of this drug AstraZeneca will gain competitive advantage and more share in the market. Major Market Players Medtronic Terumo Corporation W. L. Gore & Associates Inc. C.R. Bard, Inc. Johnson & Johnson Private Limited Stryker Corporation Medline Medtronic Mylan Inc. Becton Dickinson Company Pinnacle Biologics. Browse Complete Report: https://www.crystalmarketresearch.com/report/drug-device-combination- market 2 | P a g e

3. Drug Device Combination Market Segmentation: By Product:  Antimicrobial Catheters o o o Cardiovascular Urological Others  Infusion Pumps o o o o o o Insulin Volumetric Syringes Implantable Disposables Ambulatory  Inhalers o o o Metered Dose Nebulizers Dry powder  Drug Eluting Stents o o Peripheral Vascular Stents Coronary Stents  Orthopedic Combination Products o o Antibiotic Bone Cement Bone Graft Implants     Wound Care Products Transdermal Patches Photodynamic Therapy Devices Others By Region:  North America o o o U.S Canada Mexico  Europe 3 | P a g e

4. o o o o o o Germany France UK Italy Spain Rest of Europe  Asia-Pacific o o o o o o Japan China Australia India South Korea Rest of Asia-Pacific  Rest of the World o o o o o o Brazil South Africa Saudi Arabia Turkey United Arab Emirates Others About Us: Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy. Contact Us: Judy 304 South Jones Blvd, Suite 1896, Las Vegas NV 89107, United States Toll Free: +1-888-213-4282 Email: sales@crystalmarketresearch.com Blog: blog.crystalmarketresearch.com 4 | P a g e

5. Website: www.crystalmarketresearch.com 5 | P a g e