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Drug Delivery Devices Global Market Report 2020-30: Covid 19 Implications and Growth

Region:Global

Product Code:7624

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Published On

April 2020

Total pages

400 Table of Content

Market Overview
Scope Of The Report
Product covered
Table Of Content
Research Methodology
FAQs

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About the Report

Major players in the drug delivery devices market are F. Hoffmann-La Roche Ltd, 3M Company, Pfizer Inc., Baxter International, BD., Novartis AG, Gerresheimer AG, Johnson & Johnson Services, Inc., Bayer AG, and GlaxoSmithKline plc.

The global drug delivery devices market is expected to grow from USD 1.4 billion in 2019 to about USD 1.6 billion in 2020 as there is a marginal increase in demand due to the use of such devices in the treatment of Covid-19 patients. The market is expected to stabilize and reach USD 1.9 billion at a CAGR of 8.2% through 2023.

Drug delivery devices, specifically respiratory-based delivery devices, are estimated to gain demand owing to the Covid-19 pandemic. Drugs used for Covid-19 treatment are both oral and injectable; however, a marginal increase is expected for pulmonary or respiratory-based drug delivery devices.

The drug delivery devices market consists of the sales of medical devices and equipment that are used for delivering specific drugs to a specific part of the body to cure chronic diseases such as cancer, infectious diseases, respiratory diseases, diabetes, cardiovascular diseases. The market includes the sales of the devices that are specifically made for delivering the specific drugs according to the various administration techniques such as oral drug delivery, injectable drug delivery, topical drug delivery, ocular drug delivery, pulmonary drug delivery, nasal drug delivery, transmucosal drug delivery and implantable drug delivery. Drug delivery devices used in various patient care settings such as hospitals, diagnostic centers, pharmaceutical companies, clinics and home care settings are included in this market.

The drug delivery devices market in Asia Pacific is forecasted to register the highest CAGR during 2019-2023.

The regulatory changes related to medical devices is expected to restraint the growth of drug delivery devices market. The companies operating in the market are required to adapt according to the changes in the regulatory framework, which may limit business at the bottom line. Also, companies will have to bear the heavy cost of adapting to the changing regulatory framework. Also, the sudden changes in the regulatory framework related to medical devices can result in losses, fines, penalties at a global level. For instance, European Union (EU) and the parliament in 2017 approved the new Medical Device Regulation (MDR) and Medical Device Single Audit Program (MDSAP) to monitor all the medical devices for quality. The new MDSAP will come into effect from 2020 and is adopted by regulators in the US, Canada, Japan, Brazil, and Australia. Following the changes, in Canada, all the medical device manufacturers including drug delivery products manufacturers, will have to comply with the requirements of MDSAP and are required to submit the MDSAP reports to the regulatory body in order to obtain or maintain the device licenses, resulting in high costs and time loss. Thus, the growth of the drug delivery devices market is limited by the regulatory changes related to medical devices.

The microneedle (MN), is a highly efficient and versatile medical device technology, due to its prominent properties including painless penetration, low cost, excellent therapeutic efficacy, and relative safety. The major players operating in the global microneedle drug delivery system include, 3M, Vetter Pharma International GmbH, nanoBioSciences LLC, NanoPass and more. The microneedles are fabricated using biodegradable polymers in which drugs or vaccines are encapsulated in the microneedles. Once, the microneedles dissolve in the skin, the drug gets released. This novel delivery method allows a wider variety of molecules to pass the skin's barrier, thus allowing the transdermal delivery to be applied to a large range of clinical applications, including diabetes, severe osteoporosis, and influenza vaccination.

The rising prevalence of chronic diseases such as cardiovascular diseases, diabetes, cancer and other diseases is expected to drive the drug delivery devices market. According to the world health organization (WHO), by 2020, chronic diseases will account for almost three-quarters of all deaths worldwide, and that 71% of deaths due to ischemic heart disease (IHD), 75% of deaths due to stroke, and 70% of deaths due to diabetes will occur in developing countries. There are various routes of drug administration for medical drugs. The selection of the route depends on three factors-the effect desired; the type of the disease and the type of the product. Currently, the development of new drug delivery systems plays a major role in pharmaceutical industries. Research and development (R&D) in drug delivery is increasing throughout the world due to increasing prevalence of these diseases. Most of the pharmaceutical companies are focusing on multiple drug delivery technologies for creating excellent advantages and better outcome for their marketed products. Hence, the increasing prevalence of chronic diseases is resulting in increased consumption of therapeutic drugs and therapies, and this factor is expected to act as a driver for the growth of the drug delivery devices market.

In September 2018, Sulzer Ltd., a Swiss-based industrial engineering company specialized in pumping, agitation, mixing, separation and application technologies for all fluid types, acquired Medmix Systems AG for an undisclosed amount. Through this acquisition, Sulzer Ltd. aims towards broadening its business segment in the healthcare division by utilizing the product portfolio offered by Medmix System. Medmix Systems AG is a Switzerland-based manufacturer of medical equipment & devices, that specializes in providing applicators for drug delivery, bone repair, oral surgery in the healthcare industry.

Companies in the drug delivery devices market are collaborating with other companies within the industry in order to strengthen their product portfolio as well as to expand their footprint across different geographies. For instance, in July 2018, Gerresheimer AG, a Germany based provider of pharmaceutical packaging and drug delivery devices, acquired Sensile Medical AG for USD 413.4 million. The acquisition helped Gerresheimer AG in broadening its technological portfolio by enabling them to offer drug delivery devices for pharmaceutical and biopharmaceutical customers. Sensile Medical AG is a Switzerland based manufacturer of liquid drug delivery devices.

Scope of the Report

Products

1) By Route Of Administration: Oral Drug Delivery; Injectable Drug Delivery; Topical Drug Delivery; Ocular Drug Delivery; Pulmonary Drug Delivery; Nasal Drug Delivery; Transmucosal Drug Delivery; Implantable Drug Delivery; 2) By Patient Care Setting: Hospitals; Diagnostic Centers; Ambulatory Surgery Centers/Clinics; Home Care Settings; Others; 3) By Application: Cancer; Infectious Diseases; Respiratory Diseases; Diabetes; Cardiovascular Diseases; Autoimmune Diseases; Central Nervous System Disorders; Others

Companies

F. Hoffmann-La Roche Ltd; 3M Company; Pfizer Inc.; Baxter International; BD.; Novartis AG; Gerresheimer AG; Johnson & Johnson Services, Inc.; Bayer AG; GlaxoSmithKline plc; B. Braun Melsungen AG; Cipla Inc.; Boehringer Ingelheim; Antares Pharma; Sulzer Ltd; Sanofi; Novosanis; MEDMIX SYSTEMS AG; Merck & Co., Inc.; Insulet Corporation; OraSure Technologies, Inc.; Enable Injections; West Pharmaceutical Services, Inc.; SMC Ltd.; ViVO Smart Medical Devices Ltd.; Smith Medical; CareFusion Corporation; Abbott Laboratories; Nipro Corporation; Allergan; Catalent

1. Executive Summary

2. Drug Delivery Devices Market Characteristics

3. Drug Delivery Devices Market Size And Growth

3.1. Global Drug Delivery Devices Historic Market, 2015-2019, USD Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Drug Delivery Devices Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Drug Delivery Devices Market Segmentation

4.1. Global Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Oral Drug Delivery

Injectable Drug Delivery

Topical Drug Delivery

Ocular Drug Delivery

Pulmonary Drug Delivery

Nasal Drug Delivery

Transmucosal Drug Delivery

Implantable Drug Delivery

4.2. Global Drug Delivery Devices Market, Segmentation By Patient Care Setting, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Hospitals

Diagnostic Centers

Ambulatory Surgery Centers/Clinics

Home Care Settings

Others

4.3. Global Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

Cancer

Infectious Diseases

Respiratory Diseases

Diabetes

Cardiovascular Diseases

Autoimmune Diseases

Central Nervous System Disorders

Others

5. Drug Delivery Devices Market Regional And Country Analysis

5.1. Global Drug Delivery Devices Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

5.2. Global Drug Delivery Devices Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6. Asia-Pacific Drug Delivery Devices Market

6.1. Asia-Pacific Drug Delivery Devices Market Overview

6.2. Asia-Pacific Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

6.3. Asia-Pacific Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

7. China Drug Delivery Devices Market

7.1. China Drug Delivery Devices Market Overview

7.2. China Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

7.3. China Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion

8. India Drug Delivery Devices Market

8.1. India Drug Delivery Devices Market Overview

8.2. India Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

8.3. India Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9. Japan Drug Delivery Devices Market

9.1. Japan Drug Delivery Devices Market Overview

9.2. Japan Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

9.3. Japan Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10. Australia Drug Delivery Devices Market

10.1. Australia Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

10.2. Australia Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11. Indonesia Drug Delivery Devices Market

11.1. Indonesia Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

11.2. Indonesia Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12. South Korea Drug Delivery Devices Market

12.1. South Korea Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

12.2. South Korea Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13. Western Europe Drug Delivery Devices Market

13.1. Western Europe Drug Delivery Devices Market Overview

13.2. Western Europe Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

13.3. Western Europe Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14. UK Drug Delivery Devices Market

14.1. UK Drug Delivery Devices Market Overview

14.2. UK Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

14.3. UK Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15. Germany Drug Delivery Devices Market

15.1. Germany Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

15.2. Germany Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16. France Drug Delivery Devices Market

16.4. France Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

16.5. France Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17. Eastern Europe Drug Delivery Devices Market

17.1. Eastern Europe Drug Delivery Devices Market Overview

17.2. Eastern Europe Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

17.3. Eastern Europe Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18. Russia Drug Delivery Devices Market

18.1. Russia Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

18.2. Russia Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19. North America Drug Delivery Devices Market

19.1. North America Drug Delivery Devices Market Overview

19.2. North America Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

19.3. North America Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20. USA Drug Delivery Devices Market

20.1. USA Drug Delivery Devices Market Overview

20.2. USA Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

20.3. USA Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21. South America Drug Delivery Devices Market

21.1. South America Drug Delivery Devices Market Overview

21.2. South America Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

21.3. South America Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22. Brazil Drug Delivery Devices Market

22.1. Brazil Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

22.2. Brazil Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23. Middle East Drug Delivery Devices Market

23.1. Middle East Drug Delivery Devices Market Overview

23.2. Middle East Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

23.3. Middle East Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24. Africa Drug Delivery Devices Market

24.1. Africa Drug Delivery Devices Market Overview

24.2. Africa Drug Delivery Devices Market, Segmentation By Route Of Administration, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

24.3. Africa Drug Delivery Devices Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion

25. Drug Delivery Devices Market Competitive Landscape And Company Profiles

25.1. Drug Delivery Devices Market Competitive Landscape

25.2. Drug Delivery Devices Market Company Profiles

25.2.1. F. Hoffmann-La Roche Ltd

25.2.1.1. Overview

25.2.1.2. Products and Services

25.2.1.3. Strategy

25.2.1.4. Financial Performance

25.2.2. 3M Company

25.2.2.1. Overview

25.2.2.2. Products and Services

25.2.2.3. Strategy

25.2.2.4. Financial Performance

25.2.3. Pfizer Inc.

25.2.3.1. Overview

25.2.3.2. Products and Services

25.2.3.3. Strategy

25.2.3.4. Financial Performance

25.2.4. Baxter International

25.2.4.1. Overview

25.2.4.2. Products and Services

25.2.4.3. Strategy

25.2.4.4. Financial Performance

25.2.5. Novartis AG

25.2.5.1. Overview

25.2.5.2. Products and Services

25.2.5.3. Strategy

25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Drug Delivery Devices Market

27. Drug Delivery Devices Market Trends And Strategies

28. Drug Delivery Devices Market Future Outlook and Potential Analysis

29. Appendix

29.1. Abbreviations

29.2. Currencies

29.3. Research Inquiries

29.4. The Business Research Company

29.5. Copyright And Disclaimer

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