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The rapid emergence and penetration of drug delivery devices is attributable to the increasing necessity of reducing measurement-related medical errors. While the sector continues to experience competition on the basis of innovation, the underlying demand for drug delivery devices will contribute to the high growth that this sector is expected to attain.

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The Global Drug Delivery Devices, Market Size and Growth
The global drug delivery devices market was valued at $15.3 billion in 2008. Driven by large scale growth in the needle free injections category, the market is forecast to grow by 19% annually during 2008-2015 to reach $51 billion by 2015.

The needle free injections category is expected to grow by 75% annually during 2008-2015 to emerge as the largest drug delivery devices market category by 2015. Currently, the inhalation systems category which contributed more than two third to the overall market value in 2008 remains the largest among all drug delivery devices market categories.
This latest drug delivery devices market data and analysis was taken from the research report "Global Drug Delivery Devices Investment Opportunities, Analysis and Forecasts to 2015published by Global Markets Direct - for more information on this report, Click Here
 

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