Market Dynamics:
Technological advancements in drug delivery devices have led to the development of smart, portable and automated drug delivery systems with improved efficacy and minimal side effects. For instance, smart inhalers are integrated with sensors and mobile applications for monitoring medication use and detecting technical faults. Similarly, advancements in micro- and nano-encapsulation technologies have enabled targeted delivery of therapeutics to specific cells and tissues, thereby reducing systemic side effects. Driven by continued innovations, drug and gene delivery devices market is expected to witness high growth over the forecast period.

Key Takeaways
The Global Drug And Gene Delivery Devices Market Size is expected to witness high growth. The global drug and gene delivery devices market is estimated to be valued at US$ 169.3 Bn in 2023 and is expected to exhibit a CAGR of 21% over the forecast period 2023 to 2030.

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