Global Long Acting Drug Delivery Technologies Services Market Size is valued at USD 13.7 Bn in 2023 and is predicted to reach USD 30.2 Bn by the year 2031 at a 10.6% CAGR during the forecast period for 2024-2031.
The global long-acting drug delivery technologies and services market is witnessing robust growth due to the demand for improved patient adherence and therapeutic outcomes. Long-acting formulations, including injectables and implants, offer extended drug release, reducing dosing frequency and enhancing efficacy. Polymer-based systems dominate the market, providing versatility in drug release kinetics. Key drivers include the increasing prevalence of chronic diseases, advancements in drug delivery technologies, and a focus on personalized medicine to meet global healthcare needs.
The Long Acting Drug Delivery market is driven by the growing prevalence of chronic diseases, necessitating consistent and long-term treatment solutions. Advances in drug delivery technologies, such as biodegradable polymers and nanoparticle-based systems, enhance long-acting formulations' efficacy and safety. Additionally, growing patient preference for less frequent dosing regimens to improve adherence and convenience is boosting market growth. The trend towards personalized medicine and targeted therapies additionally supports the development of innovative long-acting drug delivery systems, assuring sustained drug release and improved therapeutic outcomes.
The COVID-19 pandemic accelerated the adoption of long-acting drug delivery technologies, driven by the need for extended treatment durations and reduced healthcare visits. This shift increased investment in research and development of these technologies. Additionally, the pandemic highlighted the benefits of sustained drug delivery for managing chronic conditions, boosting demand, and expanding the market. As a result, long-acting drug delivery services saw significant growth, driven by their potential to enhance patient compliance and outcomes.
The long-acting drug delivery technologies services market is segmented on the basis of technique, dosage form, type of molecule delivered, material used and end-user. By technique, the market segments are long-acting injectables, long-acting hydrogels, long-acting implants, long-acting microneedles, and nanocrystal suspensions. By dosage form, the segments include injectables, implantable, topical/transdermal, vaginal, and other dosage forms. By type of molecule delivered, the market is divided into small molecules, biologics, and other molecules. On the basis of material used, the segments are polymer based and non-polymer based. By end users the market is biopharmaceutical and life science companies and research and academics.
The global long-acting drug delivery technologies and services market was primarily dominated by the long-acting injectables segment. The growing preference for injectable formulations is due to their capacity to deliver sustained drug release over an extended period, which provides benefits such as improved patient compliance and reduced administration frequency. This dominance is especially apparent in therapeutic areas that require a consistent and long-term therapeutic effect, such as chronic diseases and specific mental health conditions. These formulations offer extended drug release, improving patient adherence and therapeutic outcomes. With advantages such as reduced dosing frequency and enhanced efficacy, long-acting injectables are increasingly preferred by healthcare providers and patients. This segment's growth is driven by the demand for convenient and effective treatment options across various therapeutic areas, shaping the market landscape significantly.
The global long-acting drug delivery technologies and services market, based on the material used, was predominantly led by polymer-based systems. Polymers offer versatility in drug release kinetics, biocompatibility, and stability, making them a popular choice for long-acting formulations. Their ability to tailor drug release profiles to specific therapeutic needs has propelled their dominance in the market. Polymer-based technologies continue to drive innovation in long-acting drug delivery, catering to diverse therapeutic applications and patient requirements worldwide.
The Asia-Pacific Long-acting drug delivery technologies services market is expected to register the highest market share in terms of revenue in the near future. In the Asia Pacific region, the global long-acting drug delivery technologies and services market is witnessing significant growth driven by increasing healthcare expenditure, the growing prevalence of chronic diseases, and a growing ageing population. The adoption of advanced drug delivery technologies, such as long-acting formulations, is on the rise to improve patient compliance and treatment outcomes. Key players are focusing on expanding their regional presence through strategic partnerships and product launches to cater to the evolving healthcare needs of the Asia Pacific market. North America is projected to grow rapidly in the global acting drug delivery technologies services market due to growing concerns about rapid industrialization, government initiatives, and increasing funding in various industries.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 13.7 Bn |
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Revenue Forecast In 2031 |
USD 30.2 Bn |
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Growth Rate CAGR |
CAGR of 10.6% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Technique, Dosage Form, Type Of Molecule Delivered, Material Used And End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea |
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Competitive Landscape |
Adare Pharma Solutions, AMW, Bostal Drug Delivery, Creative Biolabs, For Doz Pharma, Innocore Pharmaceuticals, Integral BioSystems, LATITUDE Pharmaceuticals, Navin Saxena Research and Technology Centre (NSRT), Samyang Biopharm. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Long-Acting Drug Delivery Technologies and Services Market Snapshot
Chapter 4. Global Long-Acting Drug Delivery Technologies and Services Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Technique Estimates & Trend Analysis
5.1. by Technique & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Technique:
5.2.1. Long-Acting Injectables
5.2.2. Long-Acting Hydrogels
5.2.3. Long-Acting Implants
5.2.4. LongActing Microneedles
5.2.5. Nanocrystal Suspensions
Chapter 6. Market Segmentation 2: By Type of Molecule Delivered Estimates & Trend Analysis
6.1. By Type of Molecule Delivered & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Type of Molecule Delivered:
6.2.1. Small Molecules
6.2.2. Biologics
6.2.3. Other Molecules (Peptides)
Chapter 7. Market Segmentation 3: by Material-Used Estimates & Trend Analysis
7.1. by Material-Used & Market Share, 2019 & 2031
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Material-Used:
7.2.1. Polymer-based
7.2.2. Non-polymer based
Chapter 8. Market Segmentation 4: By Dosage Forms Estimates & Trend Analysis
8.1. By Dosage Forms & Market Share, 2019 & 2031
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Dosage Forms:
8.2.1. Long-acting Injectables
8.2.2. Long-acting Implantable
8.2.3. Topical / Transdermal
8.2.4. Vaginal
8.2.5. Other Dosage Forms
Chapter 9. Market Segmentation 5: By Distribution Channels Estimates & Trend Analysis
9.1. By Distribution Channels & Market Share, 2019 & 2031
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Distribution Channels:
9.2.1. Hospitals and Retail Pharmacies
9.2.2. Research and Academics
9.2.3. Others
Chapter 10. Long-Acting Drug Delivery Technologies and Services Market Segmentation 6: Regional Estimates & Trend Analysis
10.1. North America
10.1.1. North America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Technique, 2023-2031
10.1.2. North America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Type of Molecule Delivered, 2023-2031
10.1.3. North America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Material-Used, 2023-2031
10.1.4. North America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Dosage Forms, 2023-2031
10.1.5. North America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Distribution Channels, 2023-2031
10.1.6. North America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
10.2. Europe
10.2.1. Europe Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Technique, 2023-2031
10.2.2. Europe Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Type of Molecule Delivered, 2023-2031
10.2.3. Europe Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Material-Used, 2023-2031
10.2.4. Europe Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Dosage Forms, 2023-2031
10.2.5. Europe Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Distribution Channels, 2023-2031
10.2.6. Europe Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
10.3. Asia Pacific
10.3.1. Asia Pacific Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Technique, 2023-2031
10.3.2. Asia Pacific Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Type of Molecule Delivered, 2023-2031
10.3.3. Asia-Pacific Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Material-Used, 2023-2031
10.3.4. Asia-Pacific Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Dosage Forms, 2023-2031
10.3.5. Asia-Pacific Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Distribution Channels, 2023-2031
10.3.6. Asia Pacific Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
10.4. Latin America
10.4.1. Latin America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Technique, 2023-2031
10.4.2. Latin America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Type of Molecule Delivered, 2023-2031
10.4.3. Latin America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Material-Used, 2023-2031
10.4.4. Latin America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Dosage Forms, 2023-2031
10.4.5. Latin America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Distribution Channels, 2023-2031
10.4.6. Latin America Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
10.5. Middle East & Africa
10.5.1. Middle East & Africa Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Technique, 2023-2031
10.5.2. Middle East & Africa Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Type of Molecule Delivered, 2023-2031
10.5.3. Middle East & Africa Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by Material-Used, 2023-2031
10.5.4. Middle East & Africa Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts By Dosage Forms, 2023-2031
10.5.5. Middle East & Africa Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and By Distribution Channels, 2023-2031
10.5.6. Middle East & Africa Long-Acting Drug Delivery Technologies and Services Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 11. Competitive Landscape
11.1. Major Mergers and Acquisitions/Strategic Alliances
11.2. Company Profiles
11.2.1. Adare Pharma Solutions
11.2.2. Alkermes
11.2.3. AMW Gmb
11.2.4. Camurus AB
11.2.5. Corium, LLC.
11.2.6. Creative Biolabs
11.2.7. Delpor, Inc.
11.2.8. Durect Corporation
11.2.9. Hanmi Pharm Co Ltd.
11.2.10. Heron Therapeutics, Inc.
11.2.11. Integral BioSystems
11.2.12. NANEXA AB
11.2.13. Other Prominent Players
By Technique-
By Dosage Form-
By Type of Molecule Delivered-
By Material Used-
By End User-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
