Global Controlled Release Drug Delivery Market Size & Outlook
Global controlled release drug delivery market, 2018-2030 (US$M)
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Global controlled release drug delivery market highlights
- The global controlled release drug delivery market generated a revenue of USD 54,315.2 million in 2023 and is expected to reach USD 110,131.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.6% by 2030.
- In terms of segment, targeted delivery accounted for a revenue of USD 13,173.8 million in 2023.
- Targeted Delivery is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 54,315.2 million |
| Market revenue in 2030 | USD 110,131.4 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Targeted delivery |
| Fastest growing segment | Targeted Delivery |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wurster Technique, Coacervation, Micro Encapsulation, Implants, Transdermal, Targeted Delivery |
Other key industry trends
- In terms of revenue, the North America accounted for 42.2% of the global controlled release drug delivery market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 34,911.6 million by 2030.
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Controlled Release Drug Delivery Market Scope
Controlled Release Drug Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global controlled release drug delivery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to controlled release drug delivery market will help companies and investors design strategic landscapes.
targeted delivery was the largest segment with a revenue share of 24.25% in 2023. Horizon Databook has segmented the Global controlled release drug delivery market based on wurster technique, coacervation, micro encapsulation, implants, transdermal, targeted delivery covering the revenue growth of each sub-segment from 2018 to 2030.
Constantly rising R&D expenditure by pharmaceutical development companies that are focused on development of efficient therapy for chronic and non-communicable complications such as cancer, diabetes, and hypertension are expected to boost the market growth over the forecast period.
For instance, Taris an R&D based biomedical company pipeline product TAR-200 (Gemcitabine) indicated for the treatment of bladder cancer includes a controlled release drug delivery system. Furthermore, it is expected that Johnson & Johnson will complete the acquisition of Taris Biomedical in 2020. It lead investigational product TAR-200 is reported to be one of the main reasons behind the acquisition.
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Our clientele includes a mix of controlled release drug delivery market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global controlled release drug delivery market , including forecasts for subscribers. This global databook contains high-level insights into Global controlled release drug delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global controlled release drug delivery market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Controlled release drug delivery market size, 2023 (USD Million)
Top 10 countries: Controlled release drug delivery market size, 2023 (USD Million)
Global controlled release drug delivery market, by region, 2023 (US$M)
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