Updated on 30 August 2016
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The global smart polymers market report for 2016-20 says evolution of drug delivery systems will be a key trend for market growth as smart polymers are showcasing controlled delivery systems for medications having a short half-life, narrow therapeutic window, liable to gastric and hepatic degradation, and medications that are dynamic at low plasma concentrations.
These delivery systems experience numerous difficulties connected with their advancements that are identified with medication stability, drug discharge kinetics, and the conditions under which the system is delivered to the body.
For instance, smart polymers sensitive to folate receptor can be used to convey anti-cancer agents to tumor cells.
Analysts forecast global smart polymers market to grow at a CAGR of 19.98% during the period 2016-20.
According to the 2016 smart polymers market report, one of the key drivers for market growth will be application of shape memory polymer in automotive industry.