Latest News- Liposomal Products Market: Cancer is expected to lead the Application segment during 2024-2028

The Liposomal Products Market is being driven by Rising incidence of fungal disorders

The Liposomal Products Market is expected to grow at a CAGR of 10.87% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 3995.5 million. In the liposomal products market, the shift towards Quality by Design (QbD) methodology is gaining significant traction. QbD, an evidence-based approach, offers streamlined manufacturing processes and enables more informed decision-making compared to traditional trial-and-error methods. Regulatory bodies worldwide are advocating process and regulatory harmonization for the production of liposomal formulations, further bolstering QbD's popularity. This approach is poised to enhance product quality, consistency, and uniformity by optimizing excipient supply, ultimately resulting in superior final products or therapeutics. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Cancer
  • Fungal infections
  • Pain management
  • Viral vaccines
  • Photodynamic therapy
• Type
  • Branded
  • Generic
• Geography
  • North America
    • US
  • Europe
    • France
    • Germany
  • Asia
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising incidence of fungal disorders
• Growing prevalence of cancer cases
• Many side effects are associated with cancer treatment

However, the market also witnesses some limitations, which are as follows:

• Inadequate reimbursement policies regarding cancer treatment and liposomal products treatment
• High cost of raw materials
• Late diagnosis and poor survival of patients with cancer

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Market Scope in Liposomal Products Market Research Report

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Research Analysis Overview

The Liposomal Products Market is witnessing significant growth due to the increasing demand for advanced drug delivery systems. Liposomes, spherical-shaped vesicles with phospholipid bilayers, are widely used in the pharmaceutical industry for drug encapsulation and delivery. These vesicles are composed of phospholipids such as phosphatidylcholine, sphingomyelin, glycerolphospholipid, and cholesterol. The production of liposomes involves various methods, including the hydration of multilamellar vesicles, sonication, and the use of detergent-free methods like ethanol injection and film hydration. The critical quality attributions of liposomes include their size, charge, and composition. The market for liposomal products is segmented based on the type of liposomes, such as unilamellar vesicles (small unilamellar, large unilamellar, and giant unilamellar), multivesicular liposomes, and multilamellar vesicles. Drug loading methods like physical and chemical methods and the nanosizing technique are used to increase the drug loading capacity of liposomes. Amphotericin B is a commonly encapsulated drug in liposomes due to its poor water solubility and toxicity. Other drugs like methoxyPEG-liposomes and doxorubicin are also encapsulated in liposomes for improved efficacy and reduced side effects. Data Bridge Market Research projects the Liposomes Market to grow at a CAGR of 8.3% during the forecast period.

Market Research Overview

The global pharmaceuticals market encompasses businesses involved in the research and development (R&D) or manufacturing of various product categories, including generic and non-generic drugs, and veterinary medications. According to Technavio, the healthcare industry's overall size is determined by the consolidated revenue generated by providers of equipment, supplies, pharmaceuticals, biotechnology, and life sciences tools and services. Factors driving the expansion of the pharmaceuticals market include the increasing elderly population. By 2050, approximately one-quarter of the US population and Europe's population ratio is projected to reach 60 years or above. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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