How Big Is the Drug Delivery Device Market | Segmentation & Forecast 2031

Q: What is the projected size of the drug delivery device market by 2031?

The market is was valued at USD 28.5 Billion in 2024 and is expected to reach USD 52.4 Billion by 2031, growing at a CAGR of 10.4%.

Q: What is fueling growth in drug delivery devices globally?

Key drivers include increasing prevalence of chronic conditions, growing self-care demand, and innovations in minimally invasive delivery methods.

Q: How is technology affecting the drug delivery device market?

Integration of digital health tools, AI, and IoT is enabling remote monitoring, personalized dosing, and better patient adherence.

Q: Which regions are expected to dominate drug delivery device market?

North America leads due to advanced healthcare infrastructure.

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Code: MTA6179

Publication Date: Jul 2025

How Big Is the Drug Delivery Device Market?

According to 6Wresearch internal database and industry insights, the Global Drug Delivery Device Market was valued at USD 28.5 Billion in 2024 and is expected to reach USD 52.4 Billion by 2031, growing at a compound annual growth rate of 5.75% during the forecast period (2025-2031).

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This expansion is driven by growing chronic disease prevalence, increased innovation in self-administration technologies, and the global shift towards minimally invasive delivery methods for better patient outcomes.

Growth Factors of the Drug Delivery Device Market

Increasing geriatric population and associated chronic illnesses such as diabetes and cardiovascular disorders
Demand for controlled and targeted drug release technologies
Extensive adoption of biologics and personalized medicine requiring advanced delivery systems
Rising healthcare access in developing regions promoting self-administered devices
Rapid innovations in microneedle patches, smart inhalers, and implantable pumps
Robust R&D funding from pharmaceutical companies and government institutions

Drug Delivery Device Market Trends

Drug Delivery Device Market is evolving rapidly, with key trends including the growth of wearable and connected devices for real-time monitoring and drug administration, increased adoption of needle-free injectors for improved compliance, and the integration of AI in dosage customization. Additionally, rising regulatory approvals and strategic collaborations between medtech firms and pharmaceutical companies are accelerating device availability globally.

Emerging Developments in Drug Delivery Device Market

In general, recent innovations in the Drug Delivery Device Industry include bio-responsive drug delivery systems that release medications based on body triggers like pH or glucose levels, and 3D-printed drug delivery implants that can be customized for individual patients. Drug Delivery Device Market is also witnessing a push towards sustainable device designs using biodegradable materials and digital platforms that track patient usage and ensure adherence.