South Korea Sustained Release Ocular Drug Delivery Systems Market was valued at USD 0.35 Billion in 2022 and is projected to reach USD 0.55 Billion by 2030, growing at a CAGR of 6.80% from 2024 to 2030.
The Sustained Release Ocular Drug Delivery Systems Market in South Korea is experiencing significant growth, driven by the increasing prevalence of eye diseases and advancements in drug delivery technologies. In 2025, the market generated a revenue of USD 160.2 million and is projected to reach USD 232.1 million by 2030, growing at a CAGR of 7.7% during the forecast period. This growth underscores the critical need for innovative ocular drug delivery solutions to enhance patient outcomes and address industry requirements.
One of the primary challenges in ocular drug delivery is achieving effective drug concentrations at target sites while overcoming the eye's natural barriers. Traditional methods, such as eye drops, often result in low bioavailability, with less than 5% of the administered drug reaching the intended tissues. This inefficiency has spurred the development of advanced delivery systems designed to improve therapeutic efficacy and patient compliance.
Among these innovations, sustained-release implants have emerged as a promising solution. These implants provide continuous drug release over extended periods, reducing the frequency of administration and enhancing patient adherence. For instance, the approval of Dextenza, a dexamethasone punctal plug insert, marked a significant advancement in treating post-surgical ocular inflammation and pain, offering a sustained-release mechanism that benefits both patients and healthcare providers.
Nanotechnology-based carriers are also gaining traction in the market. Nanomicelles and nanoparticles offer precise drug targeting and controlled release profiles, addressing the limitations of conventional delivery methods. Their ability to encapsulate drugs and protect them from degradation enhances bioavailability and therapeutic outcomes. However, these technologies are still under extensive research, and their widespread clinical application requires further validation.
Contact lenses as drug delivery devices represent another innovative approach. By embedding medications within the lens material, these systems ensure a prolonged contact time with the ocular surface, facilitating sustained drug release. This method not only improves drug bioavailability but also enhances patient comfort and compliance, as it integrates seamlessly into daily routines.
From an industry perspective, the development of these advanced delivery systems necessitates collaboration between pharmaceutical companies, medical device manufacturers, and research institutions. The focus is on creating biocompatible, safe, and effective products that meet regulatory standards. Additionally, there is a growing emphasis on personalized medicine, with industries striving to develop delivery systems tailored to individual patient needs and specific ocular conditions.
In conclusion, the South Korean market for sustained-release ocular drug delivery systems is poised for substantial growth, driven by technological advancements and a pressing need for improved therapeutic options. The industry's commitment to innovation and collaboration is essential in overcoming existing challenges and meeting the evolving demands of ocular healthcare.
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pSivida
Allergan
Icon Bioscience
Ocular Therapeutix
Neurotech Pharmaceuticals
Santen Pharmaceutical
Aciont Inc.
Envisia Therapeutics
GrayBug
Innocore Pharmaceuticals
OHR Pharmaceuticals
PolyActiva
TheraKine
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Sustained Release Ocular Drug Delivery Systems Market
Intraocular Inserts
Ocular Implants
Microspheres
Nanoparticles
Gels and Hydrogels
Diffusion-Controlled Systems
Osmotic Control Systems
Bioerodible Systems
Matrix Systems
Reservoir Systems
Glaucoma
Cataract
Macular Degeneration
Diabetic Retinopathy
Corneal Disorders
Short-Acting (Days to Weeks)
Intermediate-Acting (Weeks to Months)
Long-Acting (Months to Years)
Topical Administration
Intravitreal Injection
Subconjunctival Injection
Transscleral Administration
Other Routes
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Sustained Release Ocular Drug Delivery Systems Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Sustained Release Ocular Drug Delivery Systems Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Sustained Release Ocular Drug Delivery Systems Market, By Type
6. South Korea Sustained Release Ocular Drug Delivery Systems Market, By Application
7. South Korea Sustained Release Ocular Drug Delivery Systems Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Sustained Release Ocular Drug Delivery Systems Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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