Implantable Drug Delivery Devices Market Dynamics, Growth, Trends, and Opportunities 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Implantable Drug Delivery Devices Market covers analysis By Product Type (Contraceptive Implants, Spinal Implants, Brachytherapy Seeds, Drug-Eluting Stents, Bio-absorbable Stents, Intraocular Stents, and Infusion Pumps), Technology (Biodegradable Implants and Non-biodegradable Implants), and Application (Ophthalmology, Oncology, Cardiovascular, Birth control, Opioid-Use Disorder, and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Aug 2025
  • Report Code : TIPHE100001267
  • Category : Life Sciences
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The implantable drug delivery devices market is expected to grow from US$ 10.34 billion in 2021 to US$ 16.87 billion by 2031. It is expected to grow at a CAGR of 7.4% from 2022 to 2031.

Implantable drug-delivery devices release drugs to the bloodstream, continuously offering various advantages to the patients, such as preventing patients from being hospitalized to receive intravenous infusions. These devices are of two types, namely, biodegradable implants and non-biodegradable implants. They can be used for site-specific drug delivery, which is important in applications, such as cardiology and oncology.

MARKET DYNAMICS

The growth of the implantable drug delivery devices market is majorly attributed to the availability of technologically advanced drug delivery devices, increasing demand for implantable coronary drug-eluting stents, and extensive research on drug delivery technologies. Moreover, the rising awareness about quality and availability also fuels overall demand. Growing adoption of drug-device combination products due to their user-friendly characteristic with higher efficacy is also expected to fuel the implantable drug delivery devices market during the forecast period. However, stringent regulations and risks associated with implanted devices are hampering the growth of the market.

MARKET SCOPE

The "Global Implantable drug delivery devices market Analysis to 2031" report aims to provide an overview of the implantable drug delivery devices market with detailed market segmentation based on product type, technology, and application. The report provides key market statistics based on the performances of leading players. It also offers an analysis of key trends and opportunities in the market.

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Implantable Drug Delivery Devices Market: Strategic Insights

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    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

MARKET SEGMENTATION

The global implantable drug delivery devices market is segmented into product type, technology, and application. Based on product, the market is segmented into contraceptive implants, spinal implants, brachytherapy seeds, drug-eluting stents, bio-absorbable stents, intraocular stents, and infusion pumps. Based on technology, the market Is segmented into biodegradable implants and non-biodegradable implants. Based on application, the market is fragmented into ophthalmology, oncology, cardiovascular, birth control, opioid use disorder, and others.

REGIONAL FRAMEWORK

The global implantable drug delivery devices market is segmented into 5 major regions: North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The report covers analyses and forecasts of 18 countries worldwide along with trends and opportunities prevailing in the region.

From the regional perspective, North America dominated the implantable drug delivery devices market with ~37% market share in 2021. The market growth in the region is majorly attributed to the large targeted patient pool and extensive R&D activities undertaken by leading players. In addition, the high clinical urgency to adopt these devices because of the growing disease burden in the region is also driving the market growth.

The below figure showcase the revenue growth trend in the North America implantable drug delivery devices market:

The report analyzes factors, such as drivers, restraints, opportunities, and future trends, which impact the implantable drug delivery devices market. It also provides an exhaustive Porter's five forces analysis of the factors influencing the market.

IMPACT OF COVID-19 PANDEMIC

For a short period, the COVID-19 pandemic disturbed the implantable drug delivery devices market. Healthcare professionals' main priorities are the coronavirus diagnosis and care of their patients. Since the beginning of the pandemic, millions of patients worldwide had their care delayed as hospitals canceled non-urgent operations. A very large number of operations were canceled or postponed owing to disruption caused by COVID-19. The governments mitigated this major patient burden by developing recovery plans and implementing strategies to restore surgical activity safely. Due to postponed elective procedures, the market for implantable drug delivery devices is anticipated to decline. Also, the market was significantly impacted by supply chain restrictions and postponed elective surgery. Therefore, it is expected that the implantable drug delivery devices market will witness slow growth in the near future.

MARKET PLAYERS

The report covers key developments in the implantable drug delivery devices market. Various companies are focusing on organic growth strategies, such as product launches, product approvals, patents, and events. Inorganic growth strategies, such as acquisitions, partnerships, and collaborations, have encouraged the expansion of businesses and customer bases of market players. Players operating in the implantable drug delivery devices market are anticipated to experience lucrative growth opportunities in the coming years with the rising demand for these devices.

The report also includes key companies' profiles and their SWOT analysis and market strategies. In addition, it focuses on leading industry players with information, such as company profiles, components and services offered, financial information for the last three years, and key development in the past five years.

The list of a few companies engaged in the implantable drug delivery devices market is mentioned below:

  • Medtronic
  • Psivida
  • Bausch & Lomb Inc.
  • Boston Scientific Corporation
  • Merck & Co, Allergan
  • Teleflex Incroporated
  • Arrow International
  • Cirtec
  • TissueGen
  • Delpor, Inc.
  • Nanomedical Systems
  • InnoCore Pharmaceutical

The Insight Partner's dedicated research and analysis team comprises experienced professionals with advanced statistical expertise and offers various customization options in this study.

Report Scope

Implantable Drug Delivery Devices Market Regional Insights

The regional trends and factors influencing the Implantable Drug Delivery Devices Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Implantable Drug Delivery Devices Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

implantable-drug-delivery-devices-market-global-geography
  • Get the Regional Specific Data for Implantable Drug Delivery Devices Market

Implantable Drug Delivery Devices Market Report Scope

Report Attribute Details
Market size in 2024 US$ 12.81 Billion
Market Size by 2031 US$ 21.11 Billion
Global CAGR (2025 - 2031) 7.40%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Product Type
  • Contraceptive Implants
  • Spinal Implants
  • Brachytherapy Seeds
  • Drug-Eluting Stents
  • Bio-absorbable Stents
  • Intraocular Stents
  • Infusion Pumps
By Technology
  • Biodegradable Implants and Non-biodegradable Implants
By and Application
  • Ophthalmology
  • Oncology
  • Cardiovascular
  • Birth control
  • Opioid-Use Disorder
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Medtronic
  • Psivida
  • Bausch & Lomb Inc.
  • Boston Scientific Corporation
  • Arrow International
  • Cirtec
  • TissueGen
  • Delpor, Inc.
  • Nanomedical Systems

  • Implantable Drug Delivery Devices Market Players Density: Understanding Its Impact on Business Dynamics

    The Implantable Drug Delivery Devices Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Implantable Drug Delivery Devices Market are:

    1. Medtronic
    2. Psivida
    3. Bausch & Lomb Inc.
    4. Boston Scientific Corporation
    5. Arrow International

    Disclaimer: The companies listed above are not ranked in any particular order.


    implantable-drug-delivery-devices-market-cagr

    • Get the Implantable Drug Delivery Devices Market top key players overview
    Mrinal Kerhalkar
    Mrinal Kerhalkar
    Manager,
    Market Research & Consulting

    Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

    Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    The List of Companies

    1. Medtronic
    2. Psivida
    3. Bausch & Lomb Inc.
    4. Boston Scientific Corporation
    5. Arrow International
    6. Cirtec
    7. TissueGen
    8. Delpor, Inc.
    9. Nanomedical Systems
    10. InnoCore Pharmaceutical

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