Driven By Product Innovations, the U.S. Drug Delivery Device Market Will Reach Over $4.5 Billion by 2022

August 6, 2014

Microneedle Patches and Subcutaneous Implants Offer Significant Revenue Potential, According to Findings from Decision Resources Group

BURLINGTON, Mass., Aug. 6, 2014 /PRNewswire/ — Decision Resources Group finds that the United States drug delivery device market will grow at a strong rate to reach a value of over $4.5 billion by 2022 (including device costs only). The future of the drug delivery device market is highly dependent on the pharma industry. Because certain types of drugs are only conducive to specific delivery methods, the kinds of new drugs developed will influence the structure of and innovation in the drug delivery market going forward.


Other key findings from Decision Resources Group’s coverage of the U.S. drug delivery device market:

    --  Injection devices: Injection devices continue to represent the majority
        of revenues because diabetic patients largely adopt pen injectors over
        traditional drug delivery methods, such as insulin pumps or syringes.
        Leading companies Novo Nordisk, Sanofi and Eli Lilly are also developing
        new versions or more complex pen injectors, which are expected to launch
        within the next ten years.
    --  AFREZZA inhaler: MannKind recently received approval for the AFREZZA
        inhaler, which is the first inhaler that can deliver insulin. Because
        drugs delivered via inhalers are absorbed rapidly by the body, this has
        the potential to disrupt the traditional insulin delivery device
        markets. Nonetheless, physicians will need more clinical evidence before
        the AFREZZA inhaler is widely adopted.
    --  Active transdermal patches: Within the transdermal patch market, the
        development of active patches will enable the treatment of more
        indications by allowing larger molecules to pass through the skin
        barrier. The approval of Teva's Zecuity migraine patch in January 2013
        represented the first active transdermal patch to become available in
        the United States.

Comments from Decision Resources Group Senior Analyst Carmen Chan:

    --  "A number of new technologies are poised to affect the drug delivery
        device market in the future. For example, microneedle patches are
        another type of active patch under development with manufacturers
        focusing on vaccinations and osteoporosis treatment; both aren't
        commonly treated with current drug delivery devices."
    --  "Subcutaneous implants represent another major product innovation
        because they eliminate the risk of poor patient compliance, which is
        currently a significant problem with drug delivery. While current
        implants serve niche markets, products in development will target
        widespread conditions like diabetes and hernias."

Additional Resources:

    --  Carmen Chan has written a Medtech 360 report on this subject entitled US
        Markets for Drug Delivery Devices 2014.
    --  Decision Resources Group's Pharmacor, which provides a commercial
        outlook on drugs on the market and in development, can be found here.
    --  Decision Resources Group's PatientBase, which determines the total
        patient and drug-treated populations, can be found here.

About Decision Resources Group

Decision Resources Group offers best-in-class, high-value information and insights on critical issues within the healthcare industry. Clients rely on this analysis and data to make informed decisions. Find out more at www.DecisionResourcesGroup.com.

For more information, contact:

Decision Resources Group

Christopher Comfort



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SOURCE Decision Resources Group

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