The growing existence of diabetes worldwide is a prominent factor driving the drug device combination products market.
Diabetes requires continuing handling, including both medicine and observation.โ
NEW YORK CITY, NY, UNITED STATES, January 6, 2025 /EINPresswire.com/ -- The drug device combination products market forecast for 2034 is a specialized study of the industry with a specific concentration on the global market trend analysis.โ Polaris Market Research
The drug device combination products market is augmenting. The market is approximated to reach USD 343.59 billion by 2034. It was valued at USD 147.62 billion in 2024. It exhibited a CAGR of 8.8% from 2025 to 2034.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ซ๐ฎ๐ ๐๐๐ฏ๐ข๐๐ ๐๐จ๐ฆ๐๐ข๐ง๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ?
Combination products are medicinal and diagnostic commodities that incorporate drugs, devices, or biological commodities, causing a secure and more productive cure due to vigilant and accurate drug earmarking, local management, and personalized therapy. These technologies can particularly profit patients suffering from grave illnesses and conditions such as cancer, heart disease, multiple sclerosis, and diabetes, among others.
Due to the growing consolidation of drugs and devices witnessed in the modern generation of combination products, administrative bodies have advanced particular capacities and directives over the last decade. Products such as insulin pumps or continuous glucose monitors (CGMs) also operate medicines, providing a more combined perspective to treatment, impacting the drug-device combination products market growth favorably.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/drug-device-combination-products-market/request-for-sample?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐ก๐จ ๐๐๐ค๐๐ฌ ๐๐ซ๐ฎ๐ ๐๐๐ฏ๐ข๐๐ ๐๐จ๐ฆ๐๐ข๐ง๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ?
Abbott, Becton, Dickinson and Company, Boston Scientific Corporation, Medtronic, Novartis AG, Sensely, Inc., Stryker, and Teleflex Incorporated are some of the leading players in the drug-device combination products market. Critical market contenders are funding massively in research and development so as to augment their offerings which will assist the market to grow even more.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข In December 2022, Terumo Corporation, a Japan-established medical device firm, declared the instigation of G-Lasta Subcutaneous Injection 3.6 mg BodyPod", a drug-device combination commodity co-advanced with Kyowa Kirin Co., Ltd.
โข In November 2023, Hovione, the expert combined CDMO, declared the augmentation of its nasal drug conveyance potential with the incorporation of the family of inventive nasal powder conveyance advanced in association with IDC.
๐๐ก๐๐ญโ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ ๐จ๐ซ๐ฐ๐๐ซ๐?
โข Growing Geriatric Population: The growing geriatric population globally is pushing the market. Grownups frequently have manifold detrimental situations such as diabetes, hypertension, and arthritis. Drug-device combination products that combine medicine conveyance with the observation of reassuring operations are specifically advantageous for handling these intricate health requirements.
โข Growing Demand for Customized Medicines: The growing demand for customized medicine is pushing the market. Customized medicine targets to customize cures to discrete patients dependent on distinct genetic, ecological, and lifestyle elements. This in turn is having a favorable impact on drug device combination products market sales.
โข Growing Investments: The growing funding in drug delivery ventures is anticipated to augment the market. Growing funding permits critical firms to advance commodities that confront particular medical requirements and provide a better presentation as contrasted to prevailing solutions.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/drug-device-combination-products-market/request-for-discount-pricing?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐ก๐ข๐๐ก ๐๐๐ ๐ข๐จ๐ง ๐๐๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก?
โข North America: North America accounted for largest drug device combination products market share. The region's robust growth is primarily due to a progressive healthcare framework, an elevated degree of research and development ventures, and strong regulatory frameworks that reinforce invention and market entry.
โข Asia Pacific: Asia Pacific is anticipated to witness significant growth from 2025 to 2034. This can be attributed to the proliferating healthcare sector, growing funding in medical technology, and surging patient populations.
๐๐จ๐ฐ ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐จ๐ง๐?
By Product Type Outlook:
โข Drug Eluting Stents
โข Infusion Pumps
โข Inhalers
โข Orthopedic Combination Products
โข Wound Care Combination Products
โข Photodynamic Therapy Devices
โข Transdermal Patches
โข Antimicrobial Catheters
โข Others
By Application Outlook:
โข Cardiovascular Disorders
โข Diabetes
โข Respiratory Problems
โข Cancer Treatment
โข Others
By End User Outlook:
โข Hospitals
โข Ambulatory Surgical Centers
โข Others
By Region Outlook:
โข North America (US, Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/drug-device-combination-products-market/inquire-before-buying?utm_source=EIN&utm_medium=EIN&utm_campaign=EIN&utm_id=01
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐'๐ฌ ๐๐ซ๐ฎ๐ ๐๐๐ฏ๐ข๐๐ ๐๐จ๐ฆ๐๐ข๐ง๐๐ญ๐ข๐จ๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ ๐๐ซ๐จ๐ฆ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ฎ๐๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ:
The global drug device combination products industry is expected to reach USD 343.59 billion by 2034, exhibiting the CAGR of 8.8% during the forecast period.
๐ ๐๐๐ฌ:
How much is the drug device combination products market worth?
The market size was valued at USD 147.62 billion in 2024 and is projected to grow to USD 343.59 billion by 2034.
What is the growth rate of the drug device combination products market?
The global market is projected to grow at a CAGR of 8.8% during the forecast period.
Which region held the largest market share?
North America had the largest share of the global market.
Which type is expected to grow with a significant CAGR in the market?
The drug-eluting stents type segment is projected for significant growth in the global market.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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