Drug Delivery Devices Market Size, Share, Growth Analysis, By Route of Administration (Oral, Injectable), By Application (Oncology, Infectious Diseases), By End-use (Hospitals, Diagnostic Centers), By Region -Industry Forecast 2024-2031.

North America is dominating the drug delivery devices market with maximum market share. This can be attributed to the presence of major players in the region and growing adoption of drug supply devices. Moreover, increasing awareness in the region regarding the advantages of drug delivery devices is also expected to boost the market growth in the region. In addition, growing product approval in countries such as U.S. is also expected to contribute toward the market growth. Moreover, favorable reimbursement policies for specialty drugs and devices can increase the affordability of treatment. Significant R&D investments by device manufacturers towards innovative devices for injectable and inhaled drugs can drive the market growth

Asia Pacific is witnessing the fastest growing region in the drug delivery device market due to expanding patient pool arising from the burgeoning geriatric population and prevalence of chronic diseases such as diabetes. Countries like China and India are emerging as the major contributors, owing to their low manufacturing costs and significant exports. The region also holds immense potential for self-injectable devices as consumers are increasingly opting for home healthcare solutions to avoid high hospital bills. This compels device companies to focus on developing user-friendly designs specifically for the Asian demographic.