Press Release

Specialty Capsules Market to Gain from Increasing Investments in Research and Development for Discovery of Novel Therapeutics

Fortune Business Insights Predicts Global Specialty Capsules Market to Show Strong Growth Driven by Expansion of Pharmaceutical Industries Worldwide

The rise in geriatric population and their vulnerability towards chronic diseases areboosting the global specialty capsules market says Fortune Business Insights in their new study. The study is titled “Specialty Capsules Market Size, Share and Global Trend By Product Type (Hard Capsules, Softgel Capsules), By Application (Dietary supplements, Cosmetics, Lifestyle Products), By End User (Pharmaceutical companies, Nutraceutical companies, Cosmetics companies, Research institutions and organization,Others) and Geography Forecast till 2026.”

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Key players leading the Global Specialty Capsules Market include

  • Rousselot,
  • Sunil Healthcare Ltd.,
  • ACG,
  • Snail Pharma Industry Co. Ltd.,
  • Tessenderlo Group,
  • Shanxi Guangsheng Medicinal Capsules Co., Ltd.,
  • Natural Capsules Limited,
  • Capsule,
  • Capsugel,
  • Capsugel,
  • Nectar Lifesciences Ltd.,
  • Qingdao Yiqing Medicinal Capsules Co.Ltd.,
  • Medi-Caps Ltd.

Product Launches to Help Market Vendors Expand Business

Market vendors are investing increasingly in research and development activities to develop better quality capsules for treating pulmonary diseases, and other such diseases. For instance, Capsugel Zephyr, a new dry-powder inhalation capsule, was launched by Lonza in May 2019, to help heal pulmonary diseases. Such innovations are likely to bode well for the global specialty capsule market in the forecast period.

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Growth of Pharmaceutical Department Worldwide to Drive Market

The surge in geriatric population and their vulnerability towards various acute, infectious, and chronic diseases are boosting the global empty capsule market. Such diseases require timely medication in the form of capsules and pills for recovery, and this acts as a major growth driver for the capsules market. Besides this, the expansion of the of the pharmaceutical industries worldwide is also anticipated to help earn higher specialty capsules market revenue  in the years to come.

On the flip side, the specialty capsules market growth may face rough waters on account of of high cost of raw material used for making capsules and the cost associated with the production of tablet. Besides this, some dietary restrictions and cultural practices in some geographies may restrict its growth in the market during the forecast period.

Presence of Better Medical Aid to Help Market Expand in North America

Fortune Business Insights foresees the global specialty capsules market to be dominated by North America owing to the rising prevalence of chronic diseases in the region. Besides this, the early adoption of technological advancements in medical technology will help the market generate higher revenues in North America. Moreover, the demand for preventive care by medical treatment examinations and high investments in research and development are  propelling  the specialty capsules market growth in the region. This, coupled with the presence of established healthcare and diagnostics systems, is anticipated to boost the market for empty capsules in North America market.

In addition to this, the Asia Pacific specialty capsule market is anticipated to witness high growthin the forecast period. This is because of the surge in incidence of infectious diseases, along with the presence of a large patient pool.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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