Implantable Drug Delivery Market Valued $ 36.12 Bn by 2025 | A report by Bayer, Boston Scientific, Medtronic, Merck&Co. Inc., Allergan Inc., Bausch and Lomb and others

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Market Analysis:
The Global Implantable Drug Delivery Market is expected to reach USD 36.12 billion by 2025, from USD 19.36 billion in 2017 growing at a CAGR of 8.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Key Developments in the Market:
• In March 2016, FDA approved V-Go, a wearable 24 hour subcutaneous insulin delivery device by Medtronic for diabetes management, which have helped diabetes treatment outcome.
• In April 2013, Bayer Healthcare launched a hormonal intrauterine device (IUD) called Skyla. The product is launched in Europe with the brand name Jaydess, and is used for the prevention of pregnancy for up to three years.

Market Segmentation :
By technology the global implantable drug delivery market is segmented into
• biodegradable implantable drug delivery device technology
• non-biodegradable implantable drug delivery device technology.
On the basis of application the global implantable drug delivery market is segmented into
• cardiovascular
• birth control & contraception
• ophthalmology
• oncology and others
Based on geography, the market report covers data points for 28 countries across multiple geographies namely
• North America
• South America
• Europe
• Asia-Pacific
• Middle East
• Africa
Some of the major countries covered in this report are
• U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, South Africa and, Brazil among others.

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Major Market Drivers and Restraints:
• Increasing Adaptation Towards Minimally Invasive Surgeries
• Increasing Prevalence Of Chronic Diseases
• Rising Emerging Economies
• Rising Number Of Product Recalls
• Stringent Government Regulations
Major Market Competitors/Players: Global Implantable Drug Delivery Market
• Bayer
• Boston Scientific
• Medtronic
• Merck&Co. Inc.
• Allergan Inc.
• Bausch and Lomb, Inc.
• Ithetis
• Nucletron
• Genetech Inc.
• Theragenics
• Psivida
• Kinamed Inc.
• K2M Inc.
• Mako Surgical Corp.
• Varian Medical System
• Arrow International
• Eckert Ziegler
• Elekta
• JVS
• Abbottamong among others

Competitive Analysis: Global Implantable Drug Delivery Market
The global implantable drug delivery market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of implantable drug delivery market for global, Europe, North America, Asia Pacific and South America.

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