The Solubility Enhancement Excipients for OSDF Market is being driven by Rising demand for polymer excipients
The Solubility Enhancement Excipients for OSDF Market is expected to grow at a CAGR of 16.25% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6373.58 million. Solid dispersion technology is a crucial process in the pharmaceutical industry for enhancing the solubility and dissolution rate of Class II drugs, which are listed under Drug Schedules II/IIN and possess higher medicinal value. This technology is particularly effective for improving the oral absorption and bioavailability of poorly soluble drugs. By reducing the drug particles' size through solid dispersion, manufacturers can maximize their dissolution rate. This method is widely adopted in countries such as China, the US, the UK, Japan, Germany, France, and Italy, making it a prevalent approach in the manufacturing of medicinal drugs utilizing solubility enhancement excipients. The solid dispersion technique is an essential tool for improving the efficacy and bioavailability of valuable medicines.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
185 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.25% |
Market growth 2024-2028 |
USD 6373.58 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
15.72 |
Key countries |
US, Canada, China, Germany, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
Pharmaceutical excipients play a crucial role in optimizing drug product development, particularly in enhancing the solubility of poorly water-soluble active pharmaceutical ingredients (APIs) in oral solid dosage forms (OSDF). Excipient screening methods and solubility prediction models are employed to identify suitable excipients. In-vivo bioavailability is improved through dosage optimization, manufacturing process optimization, and stability-indicating methods. Solid-state characterization techniques like crystal habit modification, amorphous solid dispersions, liposomal drug delivery, nanoparticle formulations, and controlled release systems are utilized for drug delivery mechanisms. Biopharmaceutical classification, preclinical and clinical formulation development, and regulatory guidelines are essential considerations. Scale-up challenges, quality control methods, good manufacturing practices, process validation, and analytical methods validation are crucial for ensuring product consistency and stability. Drug substance properties are characterized using various techniques, including physical and chemical stability testing, in-vitro-in-vivo correlation, and infrared spectroscopy.
The global solubility enhancement excipients market for oral solid dosage forms (OSDF) is a significant segment of the expansive specialty chemicals market. This market encompasses businesses specializing in high-value-add chemicals used in the production of various products, including but not limited to, fine chemicals, additives, advanced polymers, adhesives, sealants, specialty paints, pigments, and coatings. According to Technavio, the global specialty chemicals market size is determined by the consolidated revenue generated by manufacturers dealing in high-value-added chemicals. Factors propelling the growth of this market include the increasing preference for specialty adhesives and sealants due to their superior performance characteristics. Solubility enhancement techniques, excipient compatibility studies, and particle size reduction are crucial aspects of the solubility enhancement excipients market for OSDF. These techniques enhance the dissolution rate of drugs, ensuring improved bioavailability and patient compliance. The global specialty chemicals market is poised to expand substantially due to the rising demand for these advanced materials in diverse industries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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