What is the Drug Delivery Devices Market Size?
According to 6Wresearch internal database and industry insights, the
Global drug delivery devices market was valued at
USD 39.6 billion in 2024 and is projected to reach
USD 66.1 billion by 2031, growing at a
CAGR of 7.6% during the forecast period.
This growth is driven by the rising prevalence of chronic diseases, growing elderly population, and technological innovations that improve targeted and controlled drug delivery. The demand for self-administration devices and the shift toward minimally invasive treatment methods are also contributing to market expansion.
Key Growth Factors of the Drug Delivery Devices Market
- Growing demand for self-administered and home-based treatment devices
- Rise in chronic diseases such as diabetes, cancer, and respiratory disorders
- Technological advances enabling controlled, sustained, and targeted drug release
- Increasing geriatric population requiring long-term drug therapies
- Development of biologics and biosimilars needing specialized delivery systems
- Expanding investment in smart, wearable, and needle-free drug delivery technologies
Drug Delivery Devices Market Trends
Smart drug delivery devices equipped with sensors and wireless connectivity are being developed for real-time monitoring. Needle-free injectors and inhalers are gaining popularity for improved patient compliance. 3D printing is increasingly being explored to manufacture patient-specific drug devices. There is a growing focus on biodegradable implants for sustained drug delivery with fewer side effects.
Emerging Developments in the Drug Delivery Devices Market
Microneedle patches for painless transdermal delivery are under active research. Integration of AI and data analytics into wearable injectors is enhancing therapy personalization. Companies are also developing multifunctional delivery platforms combining diagnostics and therapeutics. Biodegradable polymers are being explored for implantable and oral delivery applications. Regulatory bodies are fast-tracking approvals of innovative devices to meet patient-centric needs.
Major Companies in the Drug Delivery Devices Market
- Becton, Dickinson and Company
- Medtronic PLC
- Johnson & Johnson
- Gerresheimer AG
- West Pharmaceutical Services, Inc.
- 3M Company
- Bayer AG
Drug Delivery Devices Market Size : FAQs
The drug delivery devices market is projected to reach USD 66.1 billion by 2031.
Technologies such as microneedles, smart injectors, transdermal patches, and biodegradable implants are becoming widely adopted.
The market is expected to grow at a CAGR of 7.6% over the forecast period.
Chronic illnesses like diabetes, cancer, asthma, and autoimmune diseases are major therapeutic areas using drug delivery devices.
North America and Europe are expected to lead, while Asia-Pacific is emerging due to increased healthcare investment and aging demographics.
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