Gastro-retentive Drug Delivery Systems Market is Likely to Witness Steady Growth by 2032

The Gastro-retentive Drug Delivery Systems Market revenues were estimated at US$ 13.3 Billion in 2022 and is anticipated to grow at a CAGR of 10.1% from 2023 to 2033, according to a recently published Future Market Insights report. By the end of 2033, the market is expected to reach US$ 24.8 Billion. Large drug firms’ investments to enhance gastro-retentive drug-delivery systems, along with the reduction in required doses due to enhanced bioavailability and an increase in the requirements for medications, have helped accelerate the market growth. The well-established efficacy of gastro-retentive drug delivery systems in treating a variety of stomach disorders such as peptic ulcer and gastric ulcer, as well as a growth in the incidence of H. Pylori infection, which can cause gastritis and gastric cancer, impart a significant impact on the market. Gastro-retentive drug distribution technology has proven to be a useful way of regulating the administration of a wide range of med...