Drug Device Combination Product Market

Drug Device Combination Product Market, By Products (Drug Eluting Stents, Transdermal Patches, Infusion Pumps, Drug Eluting Balloon, Inhalers, and Other Products), By Application (Cardiovascular, Diabetes, Cancer Treatment, Respiratory Diseases, and Other Applications), By End User (Hospitals, Ambulatory Surgical Centre’s, and Other End User), and By Region (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


Global drug device combination products are innovative solutions in the field of healthcare that integrate drugs, devices, and/or biological products. These products combine the therapeutic properties of drugs with the functionality of medical devices, resulting in safer and more effective treatments for patients. The combination of drugs and medical devices allows for targeted and precise delivery of medications, enhancing the efficacy of the treatment. For example, drug-eluting stents release medication directly at the site of a blocked artery, promoting faster healing and reducing the risk of restenosis. drug device combination products offer several advantages over traditional therapies. They can simplify treatment regimens by combining multiple therapies into a single product, reducing the burden on patients and healthcare providers. This can lead to improved patient adherence to treatment plans and better health outcomes.

Market Dynamics:

Rise in burden of chronic disorders, growing geriatric population, favorable government policies or initiatives to ensure patient safety, the outbreak of COVID-19 (pandemic), and the introduction of novel products by market players are major factors expected to drive growth of the global drug device combination product market over the forecast period.

For instance, according to the Centers for Disease Control and Prevention (CDC), 6 in 10 people in the U.S. live with at least one chronic disease, such as heart disease and stroke, cancer, or diabetes. These and other chronic diseases are the leading causes of death and disability in the U.S., and they are also a leading driver of health care costs.

Moreover, in October 2020, Medtronic received the U.S. Food and Drug Administration (FDA) approval for the Abre Venous Self-Expanding Stent System. The system is indicated for use in the iliofemoral veins in patients with symptomatic iliofemoral venous outflow obstruction.

Key features of the study:
  • This report provides in-depth analysis of the global drug device combination product market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles key players in the global drug device combination product market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
  • Key companies covered as a part of this study include AbbVie Inc. (Allergan), Terumo Corporation, GlaxoSmithKline PLC, Novartis AG, Medtronic PLC, Abbott Laboratories, Boston Scientific Corp., W L Gore and Associates Inc., Stryker Corporation, and Becton, Dickinson and Company,
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global drug device combination product market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analystsStakeholders would have ease in decision-making through various strategy matrices used in analyzing the global drug device combination product market
Detailed Segmentation:
  • Global Drug Device Combination Product Market, By Products:
  • Drug Eluting Stents
  • Transdermal Patches
  • Infusion Pumps
  • Drug Eluting Balloon
  • Inhalers
  • Other Products
  • Global Drug Device Combination Product Market, By Application:
  • Cardiovascular
  • Diabetes
  • Cancer Treatment
  • Respiratory Diseases
  • Other Applications
  • Global Drug Device Combination Product Market, By End User:
  • Hospitals
  • Ambulatory Surgical Centers
  • Other End User
  • Global Drug Device Combination Product Market, By Region:
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East & Africa
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • Central Africa
  • North Africa
  • Company Profiles:
  • AbbVie Inc. (Allergan)
  • Terumo Corporation
  • GlaxoSmithKline PLC
  • Novartis AG
  • Medtronic PLC
  • Abbott Laboratories
  • Boston Scientific Corp.
  • W L Gore and Associates Inc.
  • Stryker Corporation
  • Becton, Dickinson and Company


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Products
Market Snapshot, By Application
Market Snapshot, By End-User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Increase in burden of chronic disorders
Product recalls and associated complications
Outbreak of COVID-19 (global pandemic)
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Drug Device Combination Product Market– Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Drug Device Combination Product Market, By Products, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 - 2030
Segment Trends
Drug Eluting Stents
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Transdermal Patches
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Infusion Pumps
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Drug Eluting Balloon
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Inhalers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Other Products
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
6. Global Drug Device Combination Product Market, By Application, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Cardiovascular
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Diabetes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Cancer Treatment
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Respiratory Diseases
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Other Applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
7. Global Drug Device Combination Product Market, By End User, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
Hospitals
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Ambulatory Surgical Centers
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
Other Applications
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Bn)
8. Global Drug Device Combination Product Market, By region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 – 2030
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Products Type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 – 2030, (US$ Billion)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Products Type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 – 2030, (US$ Billion)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Products Type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 – 2030, (US$ Billion)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Products Type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 – 2030, (US$ Billion)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Products Type, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018 - 2030, (US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 – 2030, (US$ Billion)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,( US$ Billion)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018 – 2030, (US$ Million)
South Africa
Central Africa
North Africa
9. Competitive Landscape
AbbVie Inc. (Allergan)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Terumo Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
GlaxoSmithKline PLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Novartis AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Medtronic PLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Abbott Laboratories
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Boston Scientific Corp.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
W L Gore and Associates Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Stryker Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Becton, Dickinson and Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Analyst Views
10. Section
Research Methodology
About us
*Browse 40 market data tables and 33 figures on "Global Drug Device Combination Product Market”- forecast to 2030

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