Controlled Release Drug Delivery Market
Controlled Release Drug Delivery Market Forecasts to 2030 - Global Analysis By Type (Wurster Technique, Coacervation, Implants and Other Technologies), By Release Mechanism (Polymer Based Systems, Feedback Regulated Drug Delivery Systems, Micro Reservoir Partition Controlled Drug Delivery Systems and Other Release Mechanisms), Application and By Geography
According to Stratistics MRC, the Global Controlled Release Drug Delivery Market is accounted for $55.69 billion in 2023 and is expected to reach $127.80 billion by 2030 growing at a CAGR of 12.6% during the forecast period. Controlled release drug delivery is a pharmaceutical technology focused on administering medications to the body in a gradual and regulated manner over an extended period, in contrast to immediate-release formulations that deliver the entire dose rapidly upon administration. The goal of controlled-release drug delivery systems is to achieve specific therapeutic objectives, such as maintaining consistent drug levels in the bloodstream, minimizing adverse effects, enhancing patient adherence, and improving the overall effectiveness of treatment.
According to statistics published by National Health Science, about 1.17 million people in England were diagnosed with chronic obstructive pulmonary disorder (COPD) in 2021, accounting for 1.9% of the total population.
Market Dynamics:
Driver:
Rising incidence of chronic diseases
The controlled release drug delivery market is seeing growth propelled by the escalating prevalence of chronic diseases. With conditions like diabetes, cardiovascular disorders, and neurological ailments becoming more prevalent, there is an increased demand for sustained and targeted drug delivery systems. These technologies offer benefits such as improved patient compliance, reduced dosing frequency, and minimized side effects. By ensuring a steady and controlled release of medications, these delivery systems play a crucial role in managing chronic conditions effectively. As the global burden of chronic diseases continues to rise, the demand for advanced controlled-release drug delivery solutions is expected to expand significantly.
Restraint:
Higher cost compared to the conventional method
Production costs are increased by the need for complex technologies, specialty materials, and extensive research when developing and manufacturing controlled release systems. As a result, payers, healthcare systems, and patients all bear the increased costs. Although there are benefits associated with controlled release systems, such as better patient compliance and fewer side effects, their higher cost may prevent some patients from using them and thus impede market expansion.
Opportunity:
Growing geriatric and pediatric population
The need for extended medication management to treat chronic health conditions is growing as the elderly population grows. In Similar to this, controlled release systems in pediatrics ensure safety and compliance by offering precise dosing and minimizing the need for frequent administration. To reduce side effects and improve treatment outcomes, these patient groups frequently need individualized, consistent medication delivery. As a result, the market is expanding due to the growing demand for controlled release drug delivery solutions that meet the specific therapeutic needs of both younger and older populations.
Threat:
Stringent regulatory approvals
Stringent regulatory approvals pose a significant threat to the controlled release drug delivery market. Developing and marketing these advanced drug delivery systems requires rigorous testing and compliance with complex regulatory requirements, which can be time-consuming and costly. Such delays in obtaining approvals can hinder the market's growth and innovation, deterring investment and potentially limiting patient access to improved therapies.
Covid-19 Impact:
The COVID-19 pandemic significantly influenced the controlled release drug delivery market. The increased demand for pharmaceuticals and antiviral treatments surged during the pandemic, driving the development and adoption of controlled-release drug delivery systems. However, disruptions in the global supply chain, reduced clinical trials, and healthcare resource reallocation posed challenges. Additionally, the focus on research and development to combat the virus and the need for remote patient monitoring accelerated the innovation and adoption of controlled release technologies during this period.
The targeted delivery segment is expected to be the largest during the forecast period
The targeted delivery segment is anticipated to capture the largest market share in the controlled drug delivery market. This prominence is attributed to the growing emphasis on personalized medicine and the need for drug delivery systems that can precisely target specific sites or cells in the body. Targeted delivery offers the advantages of reduced side effects, enhanced drug efficacy, and improved patient outcomes. It is particularly crucial in the treatment of conditions like cancer, where localized and controlled drug release can be highly effective. These factors significantly drive the segment's growth.
The oral controlled-drug delivery systems segment is expected to have the highest CAGR during the forecast period
In the controlled release drug delivery market, the oral controlled-drug delivery systems segment is anticipated to grow at the highest rate. Patients prefer the oral route of drug administration because it is convenient and non-invasive, which has increased demand for it. Moreover, more efficient oral controlled-release systems have been made possible by continuous improvements in pharmaceutical technology. The market is well-positioned for substantial growth due to its ability to improve patient compliance, lower the frequency of doses, and deliver a consistent release of medications over time.
Region with largest share:
North America is projected to sustain its leading position in the controlled release drug delivery market during the forecast period. The region has a well-established pharmaceutical industry, a robust healthcare infrastructure, and a high prevalence of chronic diseases, driving the demand for advanced drug delivery technologies. Additionally, substantial investments in research and development, coupled with strong regulatory frameworks, encourage innovation and the approval of controlled-release drug products. The region's large patient population, along with the presence of key market players, contributes to its dominance in the coming years.
Region with highest CAGR:
The Asia Pacific region is estimated to witness the highest growth in the controlled release drug delivery market during the forecast period owing to the region's rising population, increasing healthcare infrastructure, and a growing middle class with greater access to healthcare, which are driving demand for advanced drug delivery systems. The prevalence of chronic diseases in Asia Pacific, such as diabetes and cancer, is boosting the adoption of controlled-release drugs for better management. Additionally, the increasing investments in research and development contribute to the region's significant growth potential, making it a prominent player in the global market.
Key players in the market
Some of the key players in Controlled Release Drug Delivery market include Abbott Laboratories, Alkermes plc, Aradigm Corporation, Bayer HealthCare LLC, Bracco S.p.A., Bristol-Myers Squibb, Capsugel, Coating Place, Inc., Corium International, Inc., Depomed, Inc., GE Healthcare, GSK plc, Guerbet Group, Johnson and Johnson Ltd., Medtronic AG, Merck and Co.Inc., Mylan N.V., Orbis Biosciences.Inc., Pfizer, Inc., Roche Holding AG, Sanofi, Sino Medical-Device Technology Co., Sun Pharmaceuticals Industries Ltd, Ulrich GmbH & Co. KG and Vectura Group plc.
Key Developments:
In April 2023, Researchers at the Indian Institute of Technology Guwahati (IIT-G) have developed liquid marbles using nano clay that can be pre-programmed for drug delivery and cascade chemical reactions. The IIT-G team has used the liquid marbles approach for the controlled release of drugs and programmed chemical reaction. The team has engineered liquid marbles to have a ‘time bomb’ type release effect and to carry out a spontaneous chemical reaction. The nano clay marbles were made of a shell of nanoclay that holds the liquid. To programme the marbles for timed release of the content, the researchers modified the nanoclay with chemical groups that were either water-loving (hydrophilic) or waterhating (hydrophobic).
In December 2022, InSitu Biologics, Inc. is pleased to announce that it has entered into an agreement with the Mayo Foundation for Medical Education and Research to further develop its prolonged-release drug delivery technology for anti-cancer therapeutics.
Technologies Covered:
• Wurster Technique
• Coacervation
• Implants
• Liposomes
• Micro Encapsulation
• Microelectromechanical Technology
• Targeted Delivery
• Transdermal
• Other Technologies
Release Mechanisms Covered:
• Polymer Based Systems
• Feedback Regulated Drug Delivery Systems
• Micro Reservoir Partition Controlled Drug Delivery Systems
• Activation-modulated Drug Delivery Systems
• Chemically Activated
• Other Release Mechanisms
Applications Covered:
• Metered Dose Inhalers
• Drug Eluting Stents
• Infusion Pumps
• Injectable
• Oral Controlled-drug delivery Systems
• Transdermal and Ocular Patches
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Controlled Release Drug Delivery Market, By Technology
5.1 Introduction
5.2 Wurster Technique
5.3 Coacervation
5.4 Implants
5.5 Liposomes
5.6 Micro Encapsulation
5.7 Microelectromechanical Technology
5.8 Targeted Delivery
5.9 Transdermal
5.10 Other Technologies
6 Global Controlled Release Drug Delivery Market, By Release Mechanism
6.1 Introduction
6.2 Polymer Based Systems
6.3 Feedback Regulated Drug Delivery Systems
6.4 Micro Reservoir Partition Controlled Drug Delivery Systems
6.5 Activation-modulated Drug Delivery Systems
6.5.1 Hydrodynamic Pressure Activated
6.5.2 Magnetically Activated
6.5.3 Mechanically Activated
6.5.4 Osmotic Pressure Activated
6.5.5 Vapor Pressure Activated
6.6 Chemically Activated
6.6.1 Enzyme Activated
6.6.2 Hydrolysis Activated
6.6.3 pH Activated
6.7 Other Release Mechanisms
7 Global Controlled Release Drug Delivery Market, By Application
7.1 Introduction
7.2 Metered Dose Inhalers
7.3 Drug Eluting Stents
7.4 Infusion Pumps
7.5 Injectable
7.6 Oral Controlled-drug delivery Systems
7.7 Transdermal and Ocular Patches
7.8 Other Applications
8 Global Controlled Release Drug Delivery Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Abbott Laboratories
10.2 Alkermes plc
10.3 Aradigm Corporation
10.4 Bayer HealthCare LLC
10.5 Bracco S.p.A.
10.6 Bristol-Myers Squibb
10.7 Capsugel
10.8 Coating Place, Inc.
10.9 Corium International, Inc.
10.10 Depomed, Inc.
10.11 GE Healthcare
10.12 GSK plc
10.13 Guerbet Group
10.14 Johnson and Johnson Ltd.
10.15 Medtronic AG
10.16 Merck and Co.Inc.
10.17 Mylan N.V.
10.18 Orbis Biosciences.Inc.
10.19 Pfizer, Inc.
10.20 Roche Holding AG
10.21 Sanofi
10.22 Sino Medical-Device Technology Co.
10.23 Sun Pharmaceuticals Industries Ltd
10.24 Ulrich GmbH & Co. KG
10.25 Vectura Group plc
List of Tables
1 Global Controlled Release Drug Delivery Market Outlook, By Region (2021-2030) ($MN)
2 Global Controlled Release Drug Delivery Market Outlook, By Technology (2021-2030) ($MN)
3 Global Controlled Release Drug Delivery Market Outlook, By Wurster Technique (2021-2030) ($MN)
4 Global Controlled Release Drug Delivery Market Outlook, By Coacervation (2021-2030) ($MN)
5 Global Controlled Release Drug Delivery Market Outlook, By Implants (2021-2030) ($MN)
6 Global Controlled Release Drug Delivery Market Outlook, By Liposomes (2021-2030) ($MN)
7 Global Controlled Release Drug Delivery Market Outlook, By Micro Encapsulation (2021-2030) ($MN)
8 Global Controlled Release Drug Delivery Market Outlook, By Microelectromechanical Technology (2021-2030) ($MN)
9 Global Controlled Release Drug Delivery Market Outlook, By Targeted Delivery (2021-2030) ($MN)
10 Global Controlled Release Drug Delivery Market Outlook, By Transdermal (2021-2030) ($MN)
11 Global Controlled Release Drug Delivery Market Outlook, By Other Technologies (2021-2030) ($MN)
12 Global Controlled Release Drug Delivery Market Outlook, By Release Mechanism (2021-2030) ($MN)
13 Global Controlled Release Drug Delivery Market Outlook, By Polymer Based Systems (2021-2030) ($MN)
14 Global Controlled Release Drug Delivery Market Outlook, By Feedback Regulated Drug Delivery Systems (2021-2030) ($MN)
15 Global Controlled Release Drug Delivery Market Outlook, By Micro Reservoir Partition Controlled Drug Delivery Systems (2021-2030) ($MN)
16 Global Controlled Release Drug Delivery Market Outlook, By Activation-modulated Drug Delivery Systems (2021-2030) ($MN)
17 Global Controlled Release Drug Delivery Market Outlook, By Hydrodynamic Pressure Activated (2021-2030) ($MN)
18 Global Controlled Release Drug Delivery Market Outlook, By Magnetically Activated (2021-2030) ($MN)
19 Global Controlled Release Drug Delivery Market Outlook, By Mechanically Activated (2021-2030) ($MN)
20 Global Controlled Release Drug Delivery Market Outlook, By Osmotic Pressure Activated (2021-2030) ($MN)
21 Global Controlled Release Drug Delivery Market Outlook, By Vapor Pressure Activated (2021-2030) ($MN)
22 Global Controlled Release Drug Delivery Market Outlook, By Chemically Activated (2021-2030) ($MN)
23 Global Controlled Release Drug Delivery Market Outlook, By Enzyme Activated (2021-2030) ($MN)
24 Global Controlled Release Drug Delivery Market Outlook, By Hydrolysis Activated (2021-2030) ($MN)
25 Global Controlled Release Drug Delivery Market Outlook, By pH Activated (2021-2030) ($MN)
26 Global Controlled Release Drug Delivery Market Outlook, By Other Release Mechanisms (2021-2030) ($MN)
27 Global Controlled Release Drug Delivery Market Outlook, By Application (2021-2030) ($MN)
28 Global Controlled Release Drug Delivery Market Outlook, By Metered Dose Inhalers (2021-2030) ($MN)
29 Global Controlled Release Drug Delivery Market Outlook, By Drug Eluting Stents (2021-2030) ($MN)
30 Global Controlled Release Drug Delivery Market Outlook, By Infusion Pumps (2021-2030) ($MN)
31 Global Controlled Release Drug Delivery Market Outlook, By Injectable (2021-2030) ($MN)
32 Global Controlled Release Drug Delivery Market Outlook, By Oral Controlled-drug delivery Systems (2021-2030) ($MN)
33 Global Controlled Release Drug Delivery Market Outlook, By Transdermal and Ocular Patches (2021-2030) ($MN)
34 Global Controlled Release Drug Delivery Market Outlook, By Other Applications (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.