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The introduction of novel drug delivery systems represents a paradigm shift in pharmaceutical innovation promising a multitude of advantages across various facets of healthcare. These cutting-edge systems revolutionize the way medications are administered offering precise control over drug release, targeted delivery to specific sites within the body, and enhanced therapeutic efficacy.
Johnson & Johnson, Merck & Co., Inc., Novartis AG, Par Pharmaceutical Companies, Inc., Pfizer Inc., Samarth Life Sciences Pvt Ltd., Sun Pharmaceutical Industries Ltd., and Teva Pharmaceutical Industries Limited, are some of the major barbiturate drugs companies worldwide.
North America barbiturate drugs industry reached USD 191.6 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of a well-developed healthcare infrastructure with modern facilities and sophisticated medical technology in the region.
The long-acting barbiturate segment recorded USD 200.4 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to their ability to provide sustained drug release over an extended period ensuring prolonged therapeutic effects.
Barbiturate drugs market size was USD 472.9 million in 2023 and is expected to register 3% CAGR from 2024-2032 owing to the surge in demand for innovative treatments and therapies to address the rising incidence of neurological disorders worldwide.