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The global drug delivery devices market was valued at USD 286.51 Million in 2024, driven by the rising prevalence of chronic conditions and the increasing advancements in drug delivery technologies across the globe. The market is anticipated to grow at a CAGR of 5.80% during the forecast period of 2025-2034, with the values likely to reach USD 503.50 Million by 2034.
Base Year
Historical Year
Forecast Year
The market growth is primarily driven by the increasing prevalence of chronic conditions such as diabetes, cardiovascular diseases, and cancer, which is fuelling the demand for effective drug delivery solutions.
The rising number of regulatory approvals is boosting the market by enabling the launch of advanced devices and promoting innovation in the market.
Favorable government policies and increased funding for research and development in the healthcare sector are anticipated to elevate the market value in the forecast period.
Drug delivery is a method or system used to deliver pharmaceutical compounds to their target site in the body to achieve a therapeutic effect, optimizing drug release, absorption, and bioavailability. The drug delivery systems are focused on technologies that enhance the administration and effectiveness of drugs. Several factors such as the advancement in targeted therapies, the increasing prevalence of chronic diseases, and the rising preference for personalized medicine are anticipated to elevate the market value in the forecast period.
Advancements in Drug Delivery Devices to Boost Market Growth
Technological innovations such as the development of PLGA-based drug delivery systems, as highlighted in a study published in March 2024, provide promising advancements in antidiabetic treatments. These biodegradable nanoparticles are increasingly utilized for encapsulating insulin and other antidiabetic agents, providing sustained, controlled release and improved glycemic control. This innovation reduces the need for frequent injections, resulting in a significant improvement in the drug delivery system market.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Delivery Route
Market Breakup by End User
Market Breakup by Region
Segmentation Based on Product Type to Witness Substantial Growth
Based on the product type, the market is divided into syringes, wearable infusion pumps, autoinjectors and pen injectors, inhalers, transdermal patches, and implantable devices. Syringes are expected to lead the global drug delivery market due to their widespread use in injectable drug delivery. Syringes are indispensable for delivering vaccines, biologics, and medications for chronic conditions, providing accuracy and reliability.
The market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The market for drug delivery devices in North America is expected to dominate during the forecast period due to the presence of well-established healthcare infrastructure, high healthcare spending, and the adoption of advanced technologies. The increasing prevalence of chronic diseases and strong regulatory support are key factors that are likely to stimulate market growth in the region.
The key features of the market report comprise patent analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Medtronic Plc, a leading global medical technology company, designs and manufactures innovative drug delivery solutions. Its SynchroMed™ III implantable infusion system delivers targeted therapy directly into the intrathecal space. The system provides enhanced reliability, security, and efficiency for improved patient outcomes.
BD is a leading global medical technology firm revolutionizing healthcare with innovative solutions. In drug delivery, BD specializes in pre-fillable syringe systems, safety devices, and self-injection systems, offering customizable, patient-centric solutions that reduce risks, enhance speed, and improve therapeutic outcomes across diverse drug types and areas.
Pfizer Inc. is a leading global biopharmaceutical company, innovating treatments for cardiovascular, cancer, pain, and rare diseases. It offers advanced drug delivery systems, including ready-to-use syringes like Carpuject™, Nexject™, and add-vantage™, designed to enhance safety, reduce errors, and improve medication efficiency through innovative, user-friendly solutions and educational learning modules.
Ypsomed is a leading developer of self-medication solutions, specializing in injection and infusion systems. Their Ypsomed delivery systems offer modular platforms for swift clinical and market applications. The YpsoMate 2.25, with an 8 mm needle, ensures ergonomic design, versatility, and enhanced patient comfort, providing various drug formulations effectively.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Johnson & Johnson, 3M Company, Novartis AG, F. Hoffmann-La Roche Ltd, AstraZeneca plc, and Bayer AG.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Delivery Route |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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