The drug delivery market size is projected to reach US$ 4,228.64 billion by 2031 from US$ 2,247.26 billion in 2023. The market is expected to register a CAGR of 8.7% during 2023–2031. This growth is driven by technological advancements in delivery systems, a rising focus on personalized medicine, and the increasing prevalence of chronic diseases such as diabetes and cancer. As healthcare continues to evolve, innovative drug delivery methods are becoming essential for enhancing treatment efficacy and improving patient outcomes, making this market a vital component of the pharmaceutical industry.
Market Segmentations
By Route of Administration
- Transmucosal Drug Delivery
- Topical Drug Delivery
- Implantable Drug Delivery
- Injectable Drug Delivery
- Oral Drug Delivery
- Ocular Drug Delivery
By Distribution Channel
- Hospital Pharmacies
- Online Pharmacies
- Retail Pharmacies
By End User
- Hospitals Clinics
- Home Care Settings
- Other End User