Controlled Release Drug Delivery Market Size

Controlled Release Drug Delivery Market size was valued at USD 54.69 billion in 2023 and is expected to reach USD 175.85 billion by 2036, registering around 9.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of controlled release drug delivery is evaluated at USD 58.8 billion.

The key factors driving the growth of this market include the low treatment cost, reduced drug toxicity along with the increased therapeutic efficacy. Moreover, these technologies provide various advantages over traditional delivery systems, such as, uniform drug level which stabilizes the medical condition, reduced dosage and less side effects, and is also a significant factor anticipated to fuel the growth of the controlled release drug delivery system market over the forecast period.