Global Ocular Drug Delivery
Devices Market Segmentation, By Product Type (Ocular Inserts {Biodegradable
Inserts, Non-Biodegradable Inserts}, Drug-Coated Contact Lenses, Intraocular
Implants {Biodegradable Implants, Non-Biodegradable (Sustained-Release)
Implants}, Ocular Injections {Intravitreal Injections, Subconjunctival
Injections, Retrobulbar Injections}, Minimally Invasive Glaucoma Surgery (MIGS)
Devices), By Technology (Biodegradable Technology, Implantable Technology, Particulate
Technology, Iontophoresis Technology), By Disease Indication (Glaucoma, Diabetic
Retinopathy, Macular Degeneration, Diabetic Macular Edema, Uveitis, Cataracts, Other
Retinal Diseases), By End-User (Hospitals, Ophthalmic Clinics, Ambulatory
Surgical Centers, Homecare Settings)- Industry Trends and Forecast to 2033
Global Ocular Drug Delivery
Devices Market size was valued at USD 14071.6 million
in 2024 and is
expected to reach at USD 27636.5 million in 2033, with a CAGR of 7.1% during
the forecast period of 2025 to 2033.
Global Ocular Drug Delivery Devices Market Overview
The global ocular drug delivery
devices market is witnessing a robust boom driven through manner of approach of
the increasing incidence of eye problems, which include glaucoma, diabetic
retinopathy, and age-related macular degeneration. Increasing targeted and
sustained drug transport systems, collectively with upgrades in nanotechnology,
implants, and biodegradable materials, is fuelling market expansion. The shift
closer to minimally invasive and patient-compliant remedy alternatives
similarly helps adoption. However, excessive improvement costs, regulatory
complexities, and protection issues pose challenges. Overall, developing
R&D investments and strategic collaborations among pharmaceutical and tool
groups are predicted to create full-scale possibilities for marketplace growth within
the coming years.
Global Ocular Drug Delivery Devices Market Scope
Global Ocular
Drug Delivery Devices Market |
|||
Years
Considered |
|||
Historical Period |
2020 - 2023 |
Market Size (2024) |
USD 14071.6 Million |
Base Year |
2024 |
Market Size
(2033) |
USD 27636.5 Million |
Forecast Period |
2025 - 2033 |
CAGR (2025 – 2033) |
7.1% |
Segments
Covered |
|||
By Product Type |
·
Ocular Inserts o Biodegradable
Inserts o Non-Biodegradable
Inserts ·
Drug-Coated Contact Lenses ·
Intraocular Implants o Biodegradable
Implants o Non-Biodegradable
(Sustained-Release) Implants ·
Ocular Injections o Intravitreal
Injections o Subconjunctival
Injections o Retrobulbar
Injections ·
Minimally Invasive Glaucoma Surgery (MIGS)
Devices |
||
By Technology |
·
Biodegradable
Technology ·
Implantable
Technology ·
Particulate
Technology ·
Iontophoresis
Technology |
||
By Diseases Indication |
·
Glaucoma ·
Diabetic Retinopathy ·
Macular Degeneration ·
Diabetic Macular Edema ·
Uveitis ·
Cataracts ·
Other Retinal Diseases |
||
By End Users |
·
Hospitals ·
Ophthalmic
Clinics ·
Ambulatory
Surgical Centers ·
Homecare
Settings |
||
Countries Catered |
|||
North America |
·
United
States ·
Canada ·
Mexico |
||
Europe |
·
United Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest of Europe |
||
Asia Pacific |
·
China ·
India ·
Japan ·
Australia ·
South
Korea ·
Rest
of Asia Pacific |
||
Latin America |
·
Brazil ·
Argentina ·
Rest of Latin America |
||
Middle East
& Africa
|
·
Saudi
Arabia ·
South
Africa ·
Rest
of MEA |
||
Key Companies |
|||
·
Bausch Health Companies Inc. ·
Taiwan
Liposome Company, Ltd. ·
Apellis
Pharmaceuticals, Inc. |
Global Ocular Drug Delivery Devices Market Dynamics
The global ocular drug delivery
devices marketplace dynamics are fashioned with the aid of using the
interaction of growing sickness burden, technological advancements, and
evolving affected person needs. The developing prevalence of ocular problems
together with glaucoma, diabetic macular edema, and age-associated macular
degeneration, coupled with an getting old population, is riding demand for
powerful and sustained drug transport solutions. Technological innovations,
which include nanocarriers, microneedles, ocular inserts, and long-performing
implants, are remodeling traditional remedy processes with the aid of using
improving drug bioavailability and decreasing dosing frequency. Increasing
R&D activities, authorities projects to fight visible impairment, and
robust collaborations among pharmaceutical and scientific tool organizations
are in addition propelling marketplace growth. However, excessive R&D
costs, stringent regulatory approvals for mixture products, and restrained
compensation frameworks in growing areas restrict tremendous adoption.
Biocompatibility and protection troubles additionally stay foremost issues for
invasive transport systems. Despite those restraints, possibilities abound with
the improvement of refillable and biodegradable implants, affected
person-pleasant drug-tool combinations, and personalised ocular therapies.
Moreover, developing cognizance of preventive eye care and growing healthcare
investments in rising markets are anticipated to enhance demand. Overall, the
ocular drug delivery devices marketplace is transitioning towards advanced,
long-performing, and minimally invasive answers that enhance affected person
compliance, treatmen.
Global Ocular Drug Delivery
Devices Market Segment Analysis
The global ocular drug delivery
devices marketplace is segmented by product type, technology, disease
indication, and end-user. By product type, the marketplace consists of ocular
inserts, drug-covered touch lenses, intraocular implants, ocular injections,
and minimally invasive glaucoma surgery (MIGS) gadgets. Ocular inserts are
divided into biodegradable and non-biodegradable inserts, supplying sustained
drug launch and progressed affected person compliance. Drug-covered touch
lenses are gaining recognition for his or her capacity to supply pills
regularly even as correcting vision. Intraocular implants, categorised as
biodegradable and non-biodegradable (sustained-launch) implants, are
drastically utilized in persistent eye situations like glaucoma and macular
degeneration because of their long-time period healing effects. Ocular
injections, which include intravitreal, subconjunctival, and retrobulbar
injections, continue to be the gold trendy for handing over pills without delay
into focused eye tissues. MIGS gadgets are witnessing growing adoption for
powerful and minimally invasive control of glaucoma.
Based on technology, the
marketplace is segmented into biodegradable generation, implantable generation,
particulate generation, and iontophoresis generation. Biodegradable generation
dominates because of its decreased want for surgical elimination and decrease
aspect effects. Implantable generation guarantees managed and extended launch
of therapeutics, improving remedy efficiency. Particulate generation, which
incorporates nanoparticles and microparticles, gives focused transport and
higher bioavailability. Meanwhile, iontophoresis generation is an rising
non-invasive technique utilising electric currents to decorate drug penetration
thru ocular tissues.
By disease indication, the
marketplace covers glaucoma, diabetic retinopathy, macular degeneration,
diabetic macular edema, uveitis, cataracts, and different retinal diseases.
Glaucoma represents a main percentage because of its excessive international occurrence
and the developing desire for sustained-launch implants and MIGS gadgets.
Macular degeneration and diabetic retinopathy also are key attention regions
because of the growing getting old populace and growing diabetes cases. Uveitis
and diabetic macular edema segments are increasing with new biologic and
corticosteroid-primarily based totally transport systems.
Based on end-user, the
marketplace is segmented into hospitals, ophthalmic clinics, ambulatory
surgical facilities, and homecare settings. Hospitals and ophthalmic clinics
dominate because of superior infrastructure and professional professionals,
even as ambulatory surgical facilities are rising as cost-powerful and handy
alternatives. Homecare settings are gaining traction with the arrival of
self-administrable and non-invasive ocular drug transport systems.
Global Ocular Drug Delivery
Devices Market Regional Analysis
The global ocular drug delivery
devices market suggests extensive nearby versions throughout North America,
Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North
America dominates the marketplace, pushed through superior healthcare
infrastructure, excessive occurrence of eye issues which includes glaucoma and
macular degeneration, and strong adoption of modern drug shipping technologies.
Europe follows closely, supported through sturdy studies activities, favourable
compensation frameworks, and developing minimally invasive ocular treatments.
The Asia-Pacific vicinity is anticipated to witness the quickest boom because
of growing geriatric population, growing diabetic cases, increasing healthcare
get entry to, and developing recognition of ophthalmic illnesses in nations
like China, India, and Japan. Latin America suggests slight boom, propelled
through enhancing healthcare expenditure and get entry to ophthalmic care,
whilst the Middle East & Africa vicinity is steadily developing, supported
through authorities tasks to beautify ophthalmic care infrastructure and
developing partnerships with worldwide clinical tool manufacturers.
Global Ocular Drug Delivery Devices Market Key Players
·
Bausch Health Companies Inc.
·
Taiwan Liposome Company, Ltd.
·
Ocular Therapeutix, Inc.
·
Kiora Pharmaceuticals, Inc.
·
Graybug Vision Inc.
·
Apellis Pharmaceuticals, Inc.
·
Implanet Company
·
Aerie Pharmaceuticals Inc.
·
EyePoint Pharmaceuticals, Inc.
·
Protalix BioTherapeutics
Recent Developments
In April 2024, Glaukos
initiated the commercial rollout of iDose TR, the U.S. Centers for Medicare and
Medicaid Services (CMS) has assigned a unique, permanent Healthcare Common
Procedure Coding System (HCPCS) J-code for iDose TR (travoprost intracameral
implant) 75 mcg, a prostaglandin analog indicated for the reduction of
intraocular pressure (IOP) in patients with ocular hypertension (OHT) or
open-angle glaucoma (OAG).
In September 2024,
ANI Pharmaceuticals moved aggressively into ophthalmology by acquiring
Alimera Sciences (which markets intravitreal implants such as ILUVIEN and
YUTIQ) in a deal valued at ~$381 million, thereby expanding ANI’s footprint in
posterior-segment therapy.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
The market was valued at USD 14,071.6 million in 2024 and is expected to reach USD 27,636.5 million by 2033, growing at a CAGR of 7.1% during 2025-2033.