Global Drug Delivery Market

Drug Delivery Market Size, Share, Growth Analysis, By Type(Oral Drug Delivery Systems, Injectable Drug Delivery Systems, Topical Drug Delivery Systems, Pulmonary Drug Delivery Systems), By Application(Oncology, Diabetes, Cardiovascular Diseases, Respiratory Diseases), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35C2017 | Region: Global | Published Date: February, 2024
Pages: 157 |Tables: 67 |Figures: 75

Drug Delivery Market Insights

Drug Delivery Market size was valued at USD 17.04 billion in 2021 and is poised to grow from USD 18.47 billion in 2022 to USD 35.21 billion by 2030, growing at a CAGR of 8.4% in the forecast period (2023-2030).

The global drug delivery market encompasses a wide range of technologies and approaches that enable the effective and targeted delivery of pharmaceutical drugs to the desired site of action within the patient's body. Some diseases require long-term medication and often necessitate precise drug delivery to specific tissues or organs. Drug delivery systems, such as implantable devices, injectables, and inhalers, play a vital role in ensuring accurate dosing and improving patient compliance. Patients and healthcare providers are increasingly seeking non-invasive or minimally invasive methods to administer drugs, avoiding the need for traditional injections or surgeries. This has led to the development of innovative delivery systems such as transdermal patches, oral drug delivery systems, and nasal sprays. The advancements in technology and the growing focus on personalised medicine are also driving the expansion of the global drug delivery market. Furthermore, the integration of digital health technologies and smart drug delivery systems has opened up new opportunities for real-time monitoring, dose adjustments, and personalised treatment regimens.

US Drug Delivery Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 17.04 billion

Largest Segment

Injectable Drug Delivery Systems

Fastest Growth

Injectable Drug Delivery Systems

Growth Rate

8.4% CAGR

Global Drug Delivery Market ($ Bn)
Country Share for North America Region (%)

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Drug Delivery Market Segmental Analysis

The global drug delivery market is segmented based on type, application, and region. Based on type, the market can be segmented into Oral Drug Delivery Systems, Injectable Drug Delivery Systems, Topical Drug Delivery Systems, Pulmonary Drug Delivery Systems, and Others. Based on application, the market is segmented into Oncology, Diabetes, Cardiovascular Diseases, Respiratory Diseases, Central Nervous System Disorders and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drug Delivery Market Analysis by Type

Among the various types of drug delivery systems, the dominant type in the global market is Injectable Drug Delivery Systems. Injectable drug delivery systems have been widely adopted for the administration of therapeutic agents directly into the patient's bloodstream or specific body tissues. This route of drug delivery offers advantages such as rapid onset of action, precise dosage control, and suitability for drugs that cannot be administered orally

On the other hand, the fastest-growing type in the global drug delivery market is Oral Drug Delivery Systems. Oral drug delivery systems are the most common and convenient method of administering medications. They offer advantages such as ease of use, patient compliance, and non-invasiveness. Oral drug delivery systems include tablets, capsules, liquids, and other formulations that are taken orally and absorbed through the gastrointestinal tract.

Drug Delivery Market Analysis by Application

Oncology, which refers to the treatment and management of cancer, holds a prominent position in the drug delivery market. The high prevalence of various types of cancer and the continuous advancements in cancer therapies have contributed to the dominance of oncology in drug delivery. The development of targeted drug delivery systems and the increasing demand for personalised medicine in cancer treatment have further solidified the dominant position of oncology in the market.

On the other hand, the fastest-growing application in the drug delivery market is Diabetes. With the increasing global prevalence of diabetes, there is a rising need for efficient and convenient drug delivery methods to manage the disease. The growing adoption of insulin pumps, inhalation devices, and other innovative drug delivery technologies specific to diabetes has fueled the rapid growth in this segment. Moreover, advancements in continuous glucose monitoring systems and the development of smart insulin pens have improved the ease of administration and adherence to diabetes medications, further driving the growth in the diabetes drug delivery market.

Global Drug Delivery Market By Type, 2023 (%)

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Drug Delivery Market Regional Insights

North America has historically held a significant share in the pacemaker market, attributed to its well-developed healthcare infrastructure, high healthcare expenditure, and a large patient pool. The region has a strong presence of key market players, advanced technological advancements, and a high adoption rate of pacemaker technologies. Additionally, favourable reimbursement policies and increased awareness about cardiovascular diseases contribute to the dominance of North America in the global pacemaker market.

On the other hand, the Asia Pacific region is experiencing rapid growth in the pacemaker market. Factors such as improving healthcare infrastructure, increasing awareness about cardiovascular diseases, and a growing middle-class population with higher healthcare spending capacity are driving the demand for pacemakers in this region. Countries like China and India, in particular, are witnessing significant market growth due to the large patient population, rising geriatric population, and increasing access to healthcare services. Moreover, government initiatives and investments in healthcare infrastructure and technological advancements are further boosting the growth of the pacemaker market in the Asia Pacific region.

Global Drug Delivery Market By Geography, 2024-2031
  • Largest
  • Fastest

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Drug Delivery Market Dynamics

Drug Delivery Market Drivers

Increasing Demand for Self-Administration and Home Healthcare

  • The global drug delivery market is witnessing an increasing trend towards self-administration of medications and home healthcare. Patients are increasingly seeking convenience and independence in managing their medications. User-friendly and portable drug delivery devices such as autoinjectors, inhalers, and insulin pens have emerged to meet this demand. These devices empower patients to administer medications at home, reducing the need for frequent hospital visits and enhancing overall convenience and patient satisfaction.

Drug Delivery Market Restraints

High Development and Manufacturing Costs

  • The development and manufacturing costs associated with advanced drug delivery systems pose a significant challenge in the market. Extensive research and development efforts, rigorous clinical trials, complex manufacturing processes, and stringent quality control measures contribute to the overall expenses. These high costs can limit the widespread adoption of advanced drug delivery technologies, particularly in healthcare settings with limited resources. Affordability and cost-effectiveness become crucial factors that impact the accessibility and availability of innovative drug delivery systems.

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Drug Delivery Market Competitive Landscape

The global drug delivery market is highly competitive and dynamic, characterised by the presence of numerous players operating across various segments and regions. This market encompasses a wide range of technologies and devices designed to deliver drugs efficiently and effectively to patients. The competitive landscape of the global drug delivery market is shaped by factors such as technological advancements, product innovation, strategic collaborations, and regulatory compliance.

Drug Delivery Market Top Player’s Company Profiles

  • Johnson & Johnson (US)
  • Pfizer Inc. (US)
  • Novartis International AG (Switzerland)
  • GlaxoSmithKline plc (United Kingdom)
  • Merck & Co., Inc. (US)
  • Sanofi (France)
  • AstraZeneca plc (United Kingdom)
  • Roche Holding AG (Switzerland)
  • Eli Lilly and Company (US)
  • Bayer AG (Germany)
  • Bristol-Myers Squibb Company (US)
  • AbbVie Inc. (US)
  • Amgen Inc. (US)
  • Novo Nordisk A/S (Denmark)
  • Gilead Sciences, Inc. (US)
  • Takeda Pharmaceutical Company Limited (Japan)
  • Biogen Inc. (US)
  • Astellas Pharma Inc. (Japan)
  • Boehringer Ingelheim International GmbH (Germany)
  • Daiichi Sankyo Company, Limited (Japan)

Drug Delivery Market Recent Developments

  • In December 2022, Johnson & Johnson announced the launch of its ACUITY™ MRI SureScan™ pacemaker. This pacemaker is the first and only MRI-conditional pacemaker that is also compatible with Johnson & Johnson's ACUITY™ MRI SureScan™ defibrillator.
  • In November 2022, Sorin Group announced the launch of its Evia™ leadless pacemaker. This pacemaker is a small, wireless device that is implanted directly into the heart without the need for leads.
  • In October 2022, Arena Pharmaceuticals announced the approval of its drug, ravulizumab, for the treatment of paroxysmal nocturnal hemoglobinuria (PNH). Ravulizumab is a long-acting, subcutaneously administered C5 complement inhibitor that provides sustained protection from hemolysis in patients with PNH.
  • In September 2022, Alnylam Pharmaceuticals announced the approval of its drug, vutrisiran, for the treatment of hereditary transthyretin amyloidosis (ATTR amyloidosis). Vutrisiran is a subcutaneously administered RNA interference (RNAi) therapy that targets the production of TTR protein.
  • In August 2022, Sanofi announced the approval of its drug, Dupixent, for the treatment of atopic dermatitis in adults and children aged 6 years and older. Dupixent is a human monoclonal antibody that targets the IL-4 and IL-13 cytokines.

Drug Delivery Key Market Trends

  • Increasing focus on targeted drug delivery systems: Targeted drug delivery involves delivering medications directly to specific sites in the body, allowing for localised treatment and minimising systemic side effects. This trend is driven by the need for more precise and effective drug therapies, especially in complex diseases such as cancer, autoimmune disorders, and chronic conditions. Targeted drug delivery systems utilise various technologies such as nanoparticles, liposomes, micelles, and implantable devices to deliver drugs to specific tissues, organs, or cells. These systems offer advantages such as enhanced drug efficacy, reduced dosage requirements, improved patient compliance, and minimise off-target effects.

Drug Delivery Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to the analysis of the global drug delivery Market, the increasing demand for advanced drug delivery systems in various industries, including pharmaceuticals, biotechnology, and food and beverages, is a key driver for market growth. North America currently dominates the market in terms of revenue share, driven by factors such as advanced healthcare infrastructure, significant investments in research and development, and a high prevalence of chronic diseases. In addition, the Asia Pacific region is witnessing rapid growth in the drug delivery market, propelled by factors such as increasing healthcare expenditure, expanding pharmaceutical manufacturing capabilities, and rising awareness about advanced treatment options. Advanced drug delivery technologies, such as targeted drug delivery, controlled release systems, and implantable devices, offer advantages such as precise drug targeting, prolonged drug release, and improved patient compliance.

The growing focus on quality control and stringent regulatory requirements in the pharmaceutical and food and beverages industries is another significant factor driving the market. Drug delivery systems enable precise dosing, reduce side effects, and ensure drug stability, thus meeting regulatory standards and improving product quality. These systems enable the targeted delivery of therapeutics, facilitating personalised treatment approaches. They also play a vital role in separating and analysing complex biological samples, such as proteins and metabolites, aiding in biomarker discovery and development of innovative drugs. Advancements in drug delivery technologies, such as nanotechnology-based delivery systems and implantable devices, have expanded the applications of drug delivery systems. Nanoparticles and microparticles offer enhanced drug stability, controlled release, and targeted delivery. Implantable devices provide sustained release of drugs over an extended period, improving patient convenience and treatment efficacy.

Report Metric Details
Market size value in 2023 USD 17.04 billion
Market size value in 2031 USD 35.21 billion
Growth Rate 8.4%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Type
    • Oral Drug Delivery Systems, Injectable Drug Delivery Systems, Topical Drug Delivery Systems, Pulmonary Drug Delivery Systems, and Others.
  • Application
    • Oncology, Diabetes, Cardiovascular Diseases, Respiratory Diseases, Central Nervous System Disorders and Others.
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Johnson & Johnson (US)
  • Pfizer Inc. (US)
  • Novartis International AG (Switzerland)
  • GlaxoSmithKline plc (United Kingdom)
  • Merck & Co., Inc. (US)
  • Sanofi (France)
  • AstraZeneca plc (United Kingdom)
  • Roche Holding AG (Switzerland)
  • Eli Lilly and Company (US)
  • Bayer AG (Germany)
  • Bristol-Myers Squibb Company (US)
  • AbbVie Inc. (US)
  • Amgen Inc. (US)
  • Novo Nordisk A/S (Denmark)
  • Gilead Sciences, Inc. (US)
  • Takeda Pharmaceutical Company Limited (Japan)
  • Biogen Inc. (US)
  • Astellas Pharma Inc. (Japan)
  • Boehringer Ingelheim International GmbH (Germany)
  • Daiichi Sankyo Company, Limited (Japan)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Drug Delivery Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Drug Delivery Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Drug Delivery Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Drug Delivery Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Drug Delivery Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Drug Delivery Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Drug Delivery Market size was valued at USD 17.04 billion in 2021 and is poised to grow from USD 18.47 billion in 2022 to USD 35.21 billion by 2030, growing at a CAGR of 8.4% in the forecast period (2023-2030).

The drug delivery market is highly competitive and dynamic, characterised by the presence of numerous players operating across various segments and regions. This market encompasses a wide range of technologies and devices designed to deliver drugs efficiently and effectively to patients. The competitive landscape of the drug delivery market is shaped by factors such as technological advancements, product innovation, strategic collaborations, and regulatory compliance. 'Johnson & Johnson (US)', 'Pfizer Inc. (US)', 'Novartis International AG (Switzerland)', 'GlaxoSmithKline plc (United Kingdom)', 'Merck & Co., Inc. (US)', 'Sanofi (France)', 'AstraZeneca plc (United Kingdom)', 'Roche Holding AG (Switzerland)', 'Eli Lilly and Company (US)', 'Bayer AG (Germany)', 'Bristol-Myers Squibb Company (US)', 'AbbVie Inc. (US)', 'Amgen Inc. (US)', 'Novo Nordisk A/S (Denmark)', 'Gilead Sciences, Inc. (US)', 'Takeda Pharmaceutical Company Limited (Japan)', 'Biogen Inc. (US)', 'Astellas Pharma Inc. (Japan)', 'Boehringer Ingelheim International GmbH (Germany)', 'Daiichi Sankyo Company, Limited (Japan)'

The drug delivery market is witnessing an increasing trend towards self-administration of medications and home healthcare. Patients are increasingly seeking convenience and independence in managing their medications. User-friendly and portable drug delivery devices such as autoinjectors, inhalers, and insulin pens have emerged to meet this demand. These devices empower patients to administer medications at home, reducing the need for frequent hospital visits and enhancing overall convenience and patient satisfaction.

Increasing focus on targeted drug delivery systems: Targeted drug delivery involves delivering medications directly to specific sites in the body, allowing for localised treatment and minimising systemic side effects. This trend is driven by the need for more precise and effective drug therapies, especially in complex diseases such as cancer, autoimmune disorders, and chronic conditions. Targeted drug delivery systems utilise various technologies such as nanoparticles, liposomes, micelles, and implantable devices to deliver drugs to specific tissues, organs, or cells. These systems offer advantages such as enhanced drug efficacy, reduced dosage requirements, improved patient compliance, and minimise off-target effects.

North America has historically held a significant share in the pacemaker market, attributed to its well-developed healthcare infrastructure, high healthcare expenditure, and a large patient pool. The region has a strong presence of key market players, advanced technological advancements, and a high adoption rate of pacemaker technologies. Additionally, favourable reimbursement policies and increased awareness about cardiovascular diseases contribute to the dominance of North America in the pacemaker market.

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