Report Highlights
The Global Implantable Drug Delivery Market was valued at USD 17.56 billion in 2016 and is projected to reach USD 536.72 billion by 2025, growing at a CAGR of 7.89% from 2017 to 2025.
The increase in demand for minimally invasive medical techniques and prevalence of chronic diseases and other medical threats are causing the market to grow. Govt. efforts to increase the awareness and also fund provided to pharma and Biotech industries are also some key drivers for the market.
Market Dynamics:
1. Market Drivers
1.1 Increasing demand of minimally invasive surgeries
1.2 Growingprevalence of chronic diseases
1.3 Growing economies
2. Market Restraints
2.1 Product recalls
2.2 Stringent regulations
Market Segmentation:
1. Global Implantable Drug Delivery Market, by Technology:
1.1 Biodegradable Implantable Drug Delivery Device Technology
1.2 Non-Biodegradable Implantable Drug Delivery Device Technology
2. Global Implantable Drug Delivery Market, By Product Type:
2.1 Implantable Bio-Absorbable Stents
2.2 Implantable Contraceptive Drug Delivery Devices
2.3 Implantable Intraocular Drug Delivery Devices
2.4 Implantable Coronary Drug Eluting Stents
2.5 Implantable Brachytherapy Seeds
2.6 Implantable Drug Infusion Pumps
3. Global Implantable Drug Delivery Market, By Application:
3.1 Cardiovascular
3.2 Birth Control & Contraception
3.3 Ophthalmology
3.4 Oncology
4. Global Implantable Drug Delivery Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Bayer
2. Boston Scientific
3. Medtronic
4. Merck&Co. Inc.
5. Allergan Inc.
6. Bausch AndLomb Inc.
7. Ithetis
8. Nucletron
9. Genetech Inc.
10. Theragenics
11. Psivida
12. Kinamed Inc.
13. K2M Inc.
14. Mako Surgical Corp.
15. Varian Medical System
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Implantable Drug Delivery Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More