Asia Pacific Drug Device Combination Products Market Size & Outlook

The drug device combination products market in Asia Pacific is expected to reach a projected revenue of US$ 66,066.1 million by 2030. A compound annual growth rate of 9.9% is expected of Asia Pacific drug device combination products market from 2024 to 2030.
Revenue, 2023 (US$M)
$34,092.9
Forecast, 2030 (US$M)
$66,066.1
CAGR, 2024 - 2030
9.9%
Report Coverage
Asia Pacific

Asia Pacific drug device combination products market, 2018-2030 (US$M)

Asia

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Asia Pacific drug device combination products market highlights

  • The Asia Pacific drug device combination products market generated a revenue of USD 34,092.9 million in 2023.
  • The market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
  • In terms of segment, transdermal patches was the largest revenue generating product in 2023.
  • Infusion Pumps is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 34,092.9 million
Market revenue in 2030USD 66,066.1 million
Growth rate9.9% (CAGR from 2023 to 2030)
Largest segmentTransdermal patches
Fastest growing segmentInfusion Pumps
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPhotodynamic Therapy Devices, Transdermal Patches, Wound Care Products, Infusion Pumps, Orthopedic Combination Products, Drug Eluting Stents, Inhalers, Antimicrobial Catheters
Key market players worldwideAbbott Laboratories, Terumo Corp, Stryker Corp, Viatris Inc, Medtronic PLC, Boston Scientific Corp, Novartis AG ADR, Becton Dickinson & Co, Teleflex Inc, W L Gore & Associates


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 24.6% of the global drug device combination products market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 66,066.1 million by 2030.

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Drug Device Combination Products Market Companies

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Asia Pacific drug device combination products 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 drug device combination products market will help companies and investors design strategic landscapes.


Transdermal patches was the largest segment with a revenue share of 23.23% in 2023. Horizon Databook has segmented the Asia Pacific drug device combination products market based on photodynamic therapy devices, transdermal patches, wound care products, infusion pumps, orthopedic combination products, drug eluting stents, inhalers, antimicrobial catheters covering the revenue growth of each sub-segment from 2018 to 2030.


Asia Pacific is expected to witness exponential growth over the forecast period due to increasing disposable income, improving healthcare infrastructure, and rapidly growing economic conditions in emerging economies such as Japan, China, & India. The large population with low per capita income in the Asia Pacific has led to a high demand for affordable treatment options.

Multinational companies are looking to invest in developing economies, such as India and China, to create a strong position in the market. Hence, numerous collaborative partnerships and strategic alliances are underway between key companies in this region, which is expected to create lucrative growth opportunities.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific drug device combination products market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific drug device combination products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific drug device combination products market size, by country, 2018-2030 (US$M)

Asia Pacific Drug Device Combination Products Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific drug device combination products market size, by country, 2018-2030 (US$M)

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