Sustained-release Medicine Market Trends: the global market size is projected to reach USD 55.05 billion by 2029

Sustained-release Medicine refer to preparations that can be continuously released for a long time after administration to achieve long-acting effects, and the drug release is mainly a first-order rate process. Controlled release preparations (controlled release preparations) refer to the preparations that can automatically release the drug at a predetermined speed within a predetermined time, so that the blood drug concentration can be kept constant within the effective concentration range for a long time.

Since there is no difference between sustained-release preparations and controlled-release preparations in the some countries, so, in this report, Extended release (ER), Sustained release (SR), Controlled release (CR) and Delayed release (DR), are assumed to be the same.

According to the new market research report “Sustained-release Medicine - Global Market Insights and Sales Trends 2024”, published by QYResearch, the global Sustained-release Medicine market size is projected to reach USD 55.05 billion by 2029, at a CAGR of 6.9% during the forecast period.

• Global Sustained-release Medicine MarketSize(US$ Million), 2018-2029

Source: QYResearch, "Sustained-release Medicine - Global Market Insights and Sales Trends 2024”

• Global Sustained-release Medicine Top13Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: QYResearch, "Sustained-release Medicine - Global Market Insights and Sales Trends 2024”

The global key manufacturers of Sustained-release Medicine include Sanofi, Novartis, AbbVie, AstraZeneca, Takeda, Johnson & Johnson, Bayer, Pfizer, Shanghai Shyndec Pharmaceutical, Collegium Pharmaceutical, Inc, etc.

In 2022, the global top five players had a share approximately 31.0% in terms of revenue.

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