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Drug Delivery Devices

Drug Delivery Devices Market Research Reports

"From Smart Solutions to Sustainable Practices: Evolution of Drug Delivery Devices (2024 Market Size: USD 55 billion)"!

Drug Delivery Devices Industry Overview

In recent years, the drug delivery devices market has experienced significant development, which the growing demand for targeted therapies and technological advancements has fueled. The drug delivery devices market size was USD 50 billion in 2023, and USD 55 billion in 2024, representing a compound annual growth rate (CAGR) of 10%. By 2031, the market size will be USD 117.8 billion, with a CAGR of 10.00%. The primary factors contributing to this expansion are the increasing prevalence of chronic diseases, the development of biologics, and the preference of patients for minimally invasive treatment options. The integration of intelligent technologies, including AI and IoT, into drug delivery systems is transforming patient care. In 2023, around 25% of new devices were equipped with smart features, and will rise to 35% by 2024. Innovations in nanotechnology are enhancing targeted drug delivery, improving efficacy, and reducing adverse effects. 

Chronic conditions, including cancer, diabetes, and respiratory disorders, are still driving demand. The demand for insulin delivery devices was refueled by the 463 million individuals worldwide who were diagnosed with diabetes in 2023. By 2024, it will rise to 478 million. In 2023, cancer therapies account 20% of the market share, with a significant increase in the use of novel drug delivery devices, such as implantable devices and targeted therapies. The trend is toward devices that are more user-friendly, which in turn enhances patient compliance. In 2023, 40% of devices were designed with patient ease-of-use in mind, and this percentage will rise to 45% in 2024. 

The market is growing  to 35% in 2024, with wearable injectors and prefilled syringes being among the most popular, accounting for 30% of the market in 2023. In 2023, North America continues to be the dominant market, with 45% of the global share. This is due to the high adoption of sophisticated devices and a robust healthcare infrastructure. The market size of this region was USD 22.5 billion in 2023 and USD 24.8 billion in 2024. In 2023, Europe held a market share of 30%, with a value of USD 15 billion. The expansion of government investments in healthcare facilitates growth. Device safety and efficacy are being subjected to rigorous regulations by regulatory bodies. Around 30 novel drug delivery devices were approved by the FDA in 2023, underscoring the ongoing innovation.

Top Countries Contributing in Drug Delivery Devices Market

United States (2024 Market Size: USD 19.8 billion)

According to cognitive market research, The United States continues to be the primary market for drug delivery devices, with a market size of USD 18 billion in 2023 and USD 19.8 billion in 2024. A substantial emphasis on chronic disease management, technological innovation, and high healthcare expenditure fuels this expansion. Diabetes care (insulin delivery systems), oncology (targeted drug delivery for cancer therapies), and respiratory care (inhalation devices for asthma and COPD) are the three primary sectors that utilize these tools. Diabetes care alone constituted 35% of the market in 2023, with the oncology sector contributing an additional 25%. Benefiting from a well-established healthcare infrastructure and high adoption rates of advanced medical technologies, the United States holds 36% of the global market share. The heightened emphasis on home healthcare and personalized medication is also influencing the market expansion. The adoption rate of smart drug delivery devices was 30% in 2023, and 40% in 2024, which is indicative of the increasing integration of IoT and AI technologies in healthcare.

Germany (2024 Market Size: USD 5.5 billion)

Germany is a significant player in the European drug delivery devices market, with a market size of USD 5 billion in 2023 and USD 5.5 billion in 2024. The demand for sophisticated drug delivery solutions is fueled by the country's robust healthcare system and robust pharmaceutical industry. Oncology (for targeted therapeutics), diabetes care (with a focus on insulin pumps), and neurology (for central nervous system disorders) are among the key markets that employ these devices. Diabetes care contributed 25% of the market in 2023, while oncology treatments accounted for 30%. Germany accounts for 10% of the global market share, which is bolstered by government initiatives to encourage innovation in healthcare technology. In 2023, 25% of medication delivery devices were equipped with smart capabilities, and 35% by 2024. Additionally, the nation is a pioneer in the integration of digital health solutions. The German market is characterized by a strong emphasis on research and development, with companies investing significantly in the development of novel drug delivery technologies, such as implantable drug delivery systems and wearable devices. The transition to patient-centric care is readily apparent, as evidenced by the growing prevalence of user-friendly devices that are intended to enhance patient compliance and outcomes.

China (2024 Market Size: USD 4.8 billion)

The China drug delivery devices market share is 8% of the total revenue generated and its market size was USD 4 billion in 2023 and USD 4.8 billion in 2024, exhibiting a compound annual growth rate (CAGR) of 20%. The primary factors contributing to this expansion are the growing elderly population, the increasing prevalence of chronic diseases, and the expansion of the healthcare infrastructure. The primary sectors that employ drug delivery devices are oncology (for the administration of chemotherapy), infectious diseases (vaccine delivery systems), and diabetes management (with a strong emphasis on insulin pens). Diabetes care comprised 30% of the market in 2023, while oncology treatments comprised 20%. China's 8% market share is bolstered by government initiatives that are designed to improve the quality and accessibility of healthcare. Additionally, the nation is making investments in smart healthcare technologies, with 20% and 30% of drug delivery devices in 2023 and 2024 respectively incorporating advanced features such as IoT integration. Chinese companies are increasingly collaborating with international firms to research and develop innovative drug delivery solutions that are customized to meet the specific requirements of the local market. Furthermore, the demand for portable and user-friendly devices is being driven by the trend toward personalized medicine and home healthcare. 

Japan (2024 Market Size: USD 3.3 billion)

In 2023, the Japan drug delivery devices market size was USD 3 billion, and USD 3.3 billion in 2024. An aging population, a high prevalence of chronic diseases, and a sophisticated healthcare infrastructure all contribute to the market's growth. Diabetes management (insulin delivery systems), oncology (cancer treatment delivery systems), and cardiovascular care (drug-eluting stents and delivery systems) are the primary sectors that employ these devices. Diabetes care comprised 40% of the market in 2023, with the oncology and cardiovascular sectors individually contributing 20% and 15%. Japan is the beneficiary of government policies that encourage the development of new medical technologies and healthcare innovation, currently holding 6% of the global market share. In 2023, the adoption of smart drug delivery devices was 25%, and 35% in 2024, primarily due to the advancements in wearable technology and digital health. The market is being significantly influenced by the integration of AI in healthcare and the emphasis on patient-centric care. Furthermore, the Japanese market is prioritizing sustainable practices, with 15% of organizations to implement environmentally responsible initiatives by 2024.

United Kingdom (2024 Market Size: USD 2.7 billion)

In 2023, the UK drug delivery devices market size was USD 2.5 billion USD 2.7 billion in 2024. The demand for advanced healthcare solutions, a robust pharmaceutical industry, and government support for medical technology innovation are the primary factors driving this growth. Oncology (for targeted therapies), diabetes care (insulin delivery devices), and respiratory care (inhalation devices for asthma and COPD) are among the primary sectors that employ drug delivery devices. Diabetes care contributed 25% of the market in 2023, while oncology accounted for 30%. The United Kingdom holds 5% of the global market share, which is bolstered by a robust healthcare system and high adoption rates of innovative medical devices. The emphasis on patient-centric healthcare is driving the adoption of smart drug delivery devices. In 2023, a 25% of devices were equipped with advanced technology, and this figure is increase to 35% in 2024. About 15% of companies in the market are implementing eco-friendly practices by 2024, as environmental sustainability is receiving attention. 

France (2024 Market Size: USD 2.2 billion)

In 2023, the France drug delivery devices market share is 4% of the total revenue generated and its market size was USD 2 billion and USD 2.2 billion in 2024. The market's expansion is bolstered by a robust healthcare system, a high incidence of chronic diseases, and government initiatives to encourage the development of medical technology. Diabetes management (insulin pens and pumps), oncology (targeted drug delivery systems), and neurology (drug delivery systems for CNS disorders) are the three primary sectors that employ drug delivery devices. Diabetes care comprised 35% of the market in 2023, while oncology and neurology contributed 25% and 15%, respectively. Benefiting from a high adoption rate of innovative medical devices and a focus on patient-centric care, France holds 4% of the global market share. In 2023, the adoption of smart drug delivery devices was 20%, and 30% in 2024 as a result of the advancements in wearable technology and digital health. Around 15% of companies implement environmentally favorable practices by 2024, as environmental sustainability is becoming a critical factor. 

India (2024 Market Size: USD 2.1 billion)

As per CMR, The Indian drug delivery devices market is expanding at a rapid pace, with a market size of USD 1.8 billion in 2023 and USD 2.1 billion in 2024, with a compound annual growth rate (CAGR) of 17%. This growth is fueled by the growing burden of chronic diseases, the expansion of healthcare infrastructure, and the increasing awareness of healthcare among the general public. Diabetes management (insulin delivery devices), oncology (chemotherapy delivery systems), and infectious diseases (vaccine delivery devices) are the primary sectors that employ drug delivery devices. Diabetes care comprised 40% of the market in 2023, while oncology and infectious diseases contributed 20% and 15%, respectively. India holds 3% of the global market share, which is bolstered by government initiatives that are designed to enhance the quality and accessibility of healthcare. The adoption of smart drug delivery devices was 15% in 2023, and 25% in 2024, primarily due to the advancements in wearable technology and digital health. The trend toward personalized medicine and home healthcare is driving the demand for portable and user-friendly devices. Around 10% of companies implement environmentally favorable practices by 2024, as environmental sustainability is becoming a critical factor. 

Italy (2024 Market Size: USD 1.65 billion)

The Italy drug delivery devices market size was USD 1.5 billion in 2023 and USD 1.65 billion in 2024. An aging population, a high prevalence of chronic diseases, and government initiatives to encourage healthcare innovation all contribute to the market's expansion. Diabetes management (insulin delivery systems), oncology (targeted drug delivery systems), and cardiovascular care (drug-eluting stents and delivery systems) are the three primary sectors that employ drug delivery devices. Diabetes care comprised 35% of the market in 2023, while the oncology and cardiovascular sectors contributed 25% and 20%, respectively. Italy's high adoption rates of innovative medical devices and a focus on patient-centric care have contributed to its 3% global market share. In 2023, the adoption of smart drug delivery devices was 20%, and 30% in 2024 as a result of the advancements in wearable technology and digital health. Around 10% of companies implement environmentally favorable practices by 2024, as environmental sustainability is becoming a critical factor. 

Canada (2024 Market Size: USD 1.4 billion)

In 2023, the Canada drug delivery devices market size was USD 1.3 billion and will be USD 1.4 billion in 2024. Government support for medical technology innovation, a strong emphasis on chronic disease management, and high healthcare expenditure are all contributing factors to this growth. Diabetes care (insulin delivery systems), oncology (targeted therapies), and respiratory care (inhalation devices for asthma and COPD) are among the primary sectors that employ drug delivery devices. Diabetes care comprised 30% of the market in 2023, while oncology and respiratory care contributed 25% and 20%, respectively. Supported by a robust healthcare system and high adoption rates of advanced medical technologies, Canada holds 2.5% of the global market share. The emphasis on patient-centric healthcare is driving the adoption of smart drug delivery devices. In 2023, 25% of devices were equipped with advanced technology, and increase to 35% in 2024. About 10% of companies in the market are implementing eco-friendly practices by 2024, as environmental sustainability is garnering attention. The Canadian market is also gaining from substantial R&D investments and strategic partnerships between healthcare and technology firms, which are promoting the development of new drug delivery solutions that are specifically designed to meet the needs of patients. 

South Korea (2024 Market Size: USD 1.4 billion)

According to cognitive market research, The drug delivery devices market in South Korea was USD 1.2 billion in 2023 and USD 1.4 billion in 2024. The market's expansion is bolstered by a robust healthcare infrastructure, a high prevalence of chronic diseases, and government initiatives to encourage the development of medical technology. Diabetes management (insulin delivery devices), oncology (targeted drug delivery systems), and respiratory care (inhalation devices for asthma and COPD) are the primary sectors that employ drug delivery devices. Diabetes care comprised 35% of the market in 2023, while oncology and respiratory care contributed 25% and 20%, respectively. South Korea's high adoption rates of innovative medical devices and a strong emphasis on patient-centric care have supported its 2.5% global market share. In 2023, the adoption of smart drug delivery devices was 20%, and 30% by 2024 as a result of the advancements in wearable technology and digital health. Around 10% of companies implement environmentally favorable practices by 2024, as environmental sustainability is becoming a critical factor. The drug delivery devices sector is anticipated to experience sustained growth as a result of South Korea's strategic partnerships with global pharmaceutical companies and its emphasis on research and development, which is tailored to meet the growing healthcare requirements of its population.

PESTEL Analysis of Drug Delivery Devices Market

Political

The drug delivery devices market is significantly impacted by the political landscape, which is characterized by government policies and regulations that significantly influence market dynamics. Stringent standards for the approval and commercialization of drug delivery devices are established by regulatory bodies such as the FDA in the United States and the EMA in Europe. The time and cost associated with bringing new products to market are influenced by these regulations, which assure the safety, efficacy, and quality of the devices. The market is also driven by government support for healthcare innovation and political stability. The development and adoption of advanced drug delivery technologies are more likely to occur in countries with robust healthcare policies and substantial public health funding. For example, government initiatives to combat chronic diseases such as cancer and diabetes frequently allocate funds for the research and development of novel drug delivery systems. International relations and trade policies influence the global distribution and supply chain of drug delivery devices. The global movement of these medical devices can be either facilitated or impeded by tariffs, trade agreements, and import-export regulations. For instance, the availability and pricing of drug delivery devices can be influenced by trade tensions between major economies such as the United States and China, which can disrupt the supply chain.

Economical

The economic environment significantly impacts the drug delivery devices market. The demand for sophisticated drug delivery systems is directly influenced by economic growth, healthcare expenditure, and consumer purchasing power. Greater investment in innovative medical technologies is facilitated by robust healthcare expenditure and higher disposable incomes in economically stable regions. Global economic conditions influence the market's development prospects. The global drug delivery devices market size was USD 55 billion in 2023, and USD 60 billion in 2024. This growth is primarily driven by the increasing demand for drug delivery devices in emerging economies, where the availability of healthcare services has increased. Insurance coverage and healthcare funding are critical economic factors. Drug delivery devices are adopted at a higher rate in countries with comprehensive healthcare systems and robust insurance coverage. For example, the Affordable Care Act and Medicare expansion have substantially expanded patient access to advanced drug delivery technologies in the United States. Another critical economic determinant is the investment in research and development (R&D).

Social

The drug delivery devices market is significantly influenced by social factors, which affect both demand and innovation. Demographic trends, health awareness, and cultural attitudes toward healthcare significantly influence the development and adoption of these devices. One of the primary factors driving the drug delivery devices market is the elderly global population. The demand for advanced medication delivery systems is on the rise as the elderly population increases and the prevalence of chronic diseases, including cancer, cardiovascular conditions, and diabetes, increases. In 2023, 25% of the global population was 60 years of age or older, a demographic trend that emphasizes the necessity of user-friendly and effective drug delivery solutions. Market growth is also influenced by the increasing awareness of health issues and the provision of patient education. The demand for convenient and effective drug delivery methods is on the rise as patients become more informed about their health and treatment options. For example, the utilization of smart inhalers and wearable insulin pumps has increased as patients seek improved management of chronic conditions. 

Technological

The drug delivery devices market is founded on technological advancements, which promote innovation, efficiency, and enhanced patient outcomes. The design and functionality of medication delivery devices have been transformed by the integration of cutting-edge technologies, including the Internet of Things (IoT), artificial intelligence (AI), and nanotechnology. Real-time monitoring and data collection are facilitated by IoT-enabled drug delivery devices, which have experienced substantial growth. These intelligent devices improve patient compliance and offer valuable insights into the efficacy of treatment. For example, intelligent insulin pens and pumps can monitor dosage and utilization patterns, thereby informing healthcare providers and patients to guarantee optimal disease management. By facilitating personalized medication, AI and machine learning algorithms are revolutionizing drug delivery systems. AI-driven platforms can analyze patient data in order to personalize drug concentrations and delivery schedules, thereby enhancing treatment outcomes and minimizing adverse effects. Additionally, predictive analytics are essential for the optimization of device performance and the identification of potential issues. New frontiers in drug delivery have been uncovered by nanotechnology, which provides targeted and controlled release mechanisms. Nanoparticles and nanocarriers have the potential to deliver pharmaceuticals directly to specific cells or tissues, thereby reducing side effects and improving therapeutic efficacy.

Environmental

The drug delivery devices market is being increasingly impacted by environmental factors as companies and regulators prioritize sustainability and eco-friendly practices. The necessity for sustainable solutions drives the industry due to the substantial environmental impacts of the production, use, and disposal of medical devices. Drug delivery device manufacturers are increasingly emphasizing sustainable manufacturing practices. Companies are implementing environmentally favorable production processes, which involve minimizing waste and reducing energy consumption. The utilization of renewable energy sources in manufacturing facilities is also increasing, which is contributing to the reduction of carbon footprints. For example, in accordance with global sustainability objectives, substantial organizations such as Medtronic and BD are implementing solar and wind energy systems to operate their manufacturing facilities. Drug delivery devices are currently in the process of transitioning to materials that are both biodegradable and recyclable. Innovations in materials science have resulted in the creation of eco-friendly and biocompatible materials that mitigate environmental impact. For instance, biodegradable polymers are employed in the development of drug delivery systems to guarantee that these devices decompose safely without causing environmental damage following their use. 

Legal

The drug delivery devices market is substantially influenced by the legal landscape, which encompasses liability issues, intellectual property rights, and regulatory compliance. The safety and efficacy of drug delivery devices are guaranteed by regulatory frameworks that oversee their approval, marketing, and post-market surveillance. Regulatory agencies, including the FDA in the United States and the EMA in Europe, establish stringent guidelines for the development and commercialization of drug delivery systems. These regulations encompass labeling specifications, quality control standards, and clinical trial requirements. Compliance with these regulations is essential for market entry and sustainability. Inadequate compliance with regulatory standards may lead to reputational harm, fines, and product recalls. In the extremely competitive drug delivery devices market, intellectual property (IP) rights are essential. Patents safeguard innovative technologies and designs, providing companies with exclusive rights to their products and promoting a competitive edge. Nevertheless, the risk of infringement and the intricacy of patent laws can present obstacles. In order to safeguard their innovations and prevent legal disputes, companies must meticulously navigate patent landscapes. Another significant legal issue is product liability. The safety and efficacy of drug delivery devices are the responsibility of the manufacturers. 

Key Players of Drug Delivery Devices Market

Johnson & Johnson

Johnson & Johnson (J&J) continues to be a significant player in the drug delivery devices market, with a revenue of USD 6 billion from this market in 2023, which is increase to USD 6.6 billion in 2024. The company's dedication to innovation across its business segments is emphasized by its substantial R&D investment, which amounts to USD 14 billion annually. J&J is organized into three primary segments: Pharmaceuticals, Medical Devices, and Consumer Health. The drug delivery devices division is a component of the Medical Devices segment, which concentrates on a variety of categories, including diabetes care, vision care, and surgery. Diabetes care (insulin delivery systems) and oncology (injectable drug delivery systems) are the primary applications of drug delivery devices in this section. J&J concentrates on the development of technologically advanced and user-friendly solutions to improve patient outcomes and adherence in the drug delivery devices market. The company's substantial market presence is a result of its strategic acquisitions and robust product portfolio. The OneTouch insulin delivery system is a notable device that continues to be a popular choice among diabetic patients. The market position is also substantially influenced by the oncology sector, which utilizes advanced drug delivery systems and targeted therapies. Johnson & Johnson holds 12% of the global drug delivery devices market share.

Medtronic

In 2023, Medtronic, a global leader in medical technology, generated revenues of USD 5.5 billion from its drug delivery devices segment.This figure is increase to USD 6 billion in 2024. The company's dedication to the advancement of healthcare technology is evidenced by its annual R&D expenditures of USD 2.7 billion. Medtronic is organized into several significant business segments, including the Cardiac and Vascular Group, Diabetes Group, Restorative Therapies Group, and Minimally Invasive Therapies Group. The Diabetes Group is particularly prominent in the drug delivery devices market, with a particular emphasis on continuous glucose monitoring systems and insulin pumps. Medtronic's MiniMed insulin devices are among the most prominent products in the diabetes care sector, which has significantly increased its market share in the drug delivery market. The company's expansion is being facilitated by its emphasis on intelligent drug delivery systems, which integrate AI and IoT technologies. The objective of these developments is to enhance patient outcomes by means of personalized therapy and improved monitoring. Medtronic's innovative product offerings and robust global distribution network underpin its 10% market share in the global drug delivery devices market.

Becton, Dickinson and Company (BD)

Becton, Dickinson, and Company (BD) is a significant player in the drug delivery devices market, with revenues of USD 4 billion in 2023 and USD 4.5 billion in 2024. BD's commitment to innovation and the advancement of advanced healthcare solutions is underscored by its annual R&D investments, which amount to USD 1.3 billion. BD is organized into three primary business segments: BD Medical, BD Life Sciences, and BD Interventional. The drug delivery devices division, which is part of the BD Medical segment, is renowned for its expertise in injection-based drug delivery systems. Syringes, insulin delivery devices, and prefilled drug delivery systems comprise BD's product line in the drug delivery devices market. The company's market position is strengthened by its commitment to the efficient and safe administration of drugs. BD's Ultra-Fin insulin injectors are among the most frequently utilized in diabetes care, which significantly contributes to its revenue in this segment. BD's commitment to quality and safety, as well as its extensive product portfolio, have earned it a 9% of the global drug delivery devices market share.

Roche Holding AG

In 2023, Roche Holding AG, a global healthcare leader, generated revenues of USD 3.8 billion from its drug delivery devices segment. This figure is rise to USD 4.2 billion in 2024. The company's commitment to innovation in its primary business segments, Pharmaceuticals and Diagnostics, is underscored by its annual R&D investments of USD 14 billion. Roche's presence in the drug delivery devices market is substantially influenced by the Pharmaceuticals segment, with a particular emphasis on the oncology subsegment. Roche's drug delivery devices are predominantly employed in oncology to improve the administration of targeted therapy. Innovative products such as implantable drug delivery systems and subcutaneous injectors are included in the company's portfolio. A critical area of concentration for Roche, these devices are intended to enhance patient adherence and outcomes in cancer treatment. Roche's position is strengthened by its strong emphasis on personalized healthcare and targeted therapies, which account for 8% of the global drug delivery devices market share. The company's strategic collaborations and partnerships are designed to broaden its drug delivery technology capabilities, thereby addressing the intricate requirements of oncology patients.

Baxter International Inc.

In 2023, Baxter International Inc. generated revenues of USD 2.5 billion from its drug delivery devices segment, which increase to USD 2.7 billion in 2024. The company's commitment to the development of innovative healthcare solutions is evidenced by its annual R&D expenditures of USD 1 billion. Renal Care, Medication Delivery, Pharmaceuticals, and Clinical Nutrition comprise Baxter's business segments. The drug delivery devices division is a significant component of the Medication Delivery segment in the market. Baxter's product line in the drug delivery devices market comprises prefilled syringes, intravenous infusion pumps, and drug delivery systems for both hospital and residential use. The company's market presence is bolstered by its emphasis on safety and precision in drug delivery. Baxter's Sigma Spectrum™ infusion systems are extensively employed in hospitals, which significantly contributes to its revenue in this market. Baxter capitalizes on its robust product portfolio and dedication to enhancing patient safety and outcomes, holding 5% of the global drug delivery devices market share. The company is actively engaged in partnerships with technology companies and healthcare providers to improve the functionality and efficacy of its devices.

Recent developments in Drug Delivery Devices Market

Conclusion

The drug delivery devices market has experienced exceptional growth, with a market size USD 50 billion in 2023 and USD 55 billion in 2024. By 2031 the market size will increase to USD 117.8 billion, with a CAGR of 10%. This growth is fueled by the growing demand for sophisticated delivery systems that improve the efficacy of treatment and patient compliance. Injectable devices, transdermal patches, and smart inhalers are among the most significant segments, which are designed to address chronic conditions such as cancer, asthma, and diabetes. Smart drug delivery systems, which integrate IoT and AI, accounted for 20% of the market in 2023 and 30% by 2024. This trend is indicative of a transition to residential healthcare and personalized medicine, which is facilitated by technological advancements. The market is being led by major participants such as Johnson & Johnson, Medtronic, and BD, which individually hold significant market shares of 12%, 10%, and 9%, respectively.

The diabetes segment continues to dominate the market, accounting for 35% of the total. Oncology and respiratory care are closely followed. The future of the market is significantly influenced by innovations such as targeted cancer therapies and wearable insulin devices. The market is set to expand in the future as a result of heightened investments in research and development, strategic partnerships, and an emphasis on environmentally favorable practices. It is anticipated that 15% of the market will be incorporated into sustainable materials and practices by 2025. Additionally, the adoption of innovative drugs will be facilitated by regulatory support and healthcare reforms in a variety of countries.