Draghi's comments came after the European Central Bank left interest rates on hold on Thursday amid growing concerns over faltering global economic growth.
No new policy changes had been anticipated, but analysts predict that recent market volatility has upped the chance of the bank providing more policy support in the not too distant future.
The meeting comes as European stocks closed at their lowest level since 2014 on Wednesday, and have tumbled over 9 percent this year as concerns surrounding global growth, uncertainty in China and fresh lows in oil prices continue to grip markets.
As well as the slump in equity markets, inflation expectations have also fallen, credit spreads have risen, and the euro has strengthened against some major currencies. None of which are likely to put the ECB at ease.
Events of the past six weeks have certainly increased the chances of the ECB eventually providing more policy support. The plunge in the oil price to below $30 per barrel means that CPI inflation could average as little as 0.2 percent this year — well below the ECB's current forecast of 1 percent.
Meanwhile, news from China has added to concerns that industrial and export weakness in the euro zone may well persist into 2016, said Ben May, lead euro zone economist at Oxford Economics.