The global Connected Drug Delivery Devices Market size was estimated at USD 330 Million in 2021, and is expected to reach USD 1.6 Billion by 2028, expanding at a stellar CAGR of 23.6%.
| Attribute | Details |
|---|---|
| Connected Drug Delivery Devices Market Size (2022) | USD 448 Million |
| Sales Forecast (2028) | USD 1.6 Billion |
| Projected Market Growth Forecast (2022 to 2028) | 23.6% CAGR |
| Regional Market With Highest Share | North America - 51.5% |
Sales of connected drug delivery devices contribute 3.7% share to the global novel drug delivery system market. Drug delivery in nanotechnology has been extensively researched on, and this is expected to spawn new innovative drug delivery methods going ahead.
| Particulars | Details |
|---|---|
| H1, 2021 | 25.73% |
| H1, 2022 Projected | 23.59% |
| H1, 2022 Outlook | 22.79% |
| BPS Change - H1, 2022 (O) - H1, 2022 (P) | (-) 80 ↓ |
| BPS Change - H1, 2022 (O) - H1, 2021 | (-) 294 ↓ |
With the influence of various macroeconomic, industrial and regulatory variables, the comparative analysis of market growth rate of global connected drug delivery devices market has been studied by Future Market Insights.
As per the study, the global market will show a negative BPS growth in H1-2022 outlook as compared to H1-2022 projected period by 80 BPS, and, a decline in BPS growth is expected in H1-2022 over H1- 2021 duration with 294 Basis Point Share (BPS).
Key barriers to the broader adoption of connected devices include data privacy laws that may prevent data sharing with HCPs in some countries, as well as the need to demonstrate that the tools are consistently used and generate a high-quality and reproducible database. These factors impose a negative impact as observed in the BPS value change.
However, there are some positive factors that will help push the market growth in the upcoming years which includes growing development of connected drug delivery systems with features like adherence trackers, patient education tools, dose reminders, patient diaries to gather patient-reported outcomes, and monitoring systems with interfaces between patients and healthcare professionals (HCPs).
This will enable patient monitoring and counselling in a home setting, thereby providing lucrative growth opportunities for the market players.
The healthcare industry has seen major changes over the past years, and most of these were driven by increased technological proliferation in the industry.
Drug delivery has become one of the most researched areas in the healthcare industry, and since patient engagement has become essential in the medical sector, demand for connected drug delivery devices has also risen significantly.
Injectable drug delivery devices are expected to be most popular over the next few years as they have multiple functionalities and can be used for drug tracking, drug delivery, as well as drug identification.
Rising preference for these among the population is expected to boost sales of injectable drug delivery devices over the forecast period.
Rising penetration of IoT (Internet of Things) in the medical industry, advances in drug delivery nanotechnology, innovative product launches, increasing awareness about connected drug therapy, and rising trend of home care are some of the major factors that are positively influencing the sales of connected drug delivery devices across the globe.
Demand for connected drug delivery devices increased at a phenomenal CAGR of 26.3% from 2015 to 2021, and is slated to continue surging at 23.6% CAGR from 2022 to 2028,
This research details the global connected drug delivery devices industry across North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).
The North America connected drug delivery devices market, which is set to hold a significant market share of 51.5% in 2022, is expected to maintain this dominance over the forecast period as well.
Increasing healthcare expenditure and rising awareness are majorly propelling the sales of connected drug delivery devices in the region.
The market for connected drug delivery devices in Europe holds the second-highest market share of over 28%. Demand for connected drug delivery products in Europe is expected to rise at the fastest CAGR among all regions. Rapid growth can be attributed to increasing prevalence of chronic diseases in the region.
Market growth of connected drug delivery devices in East Asia, South Asia, and the Pacific is expected to see limited due to major factors influencing the sales and adoption of connected drug delivery devices. Majorly, high cost of connected drug delivery devices is restraining the market potential in these regions.
Connected drug delivery system manufacturers can target these regions to gain from the untapped market potential with competitive pricing and affordable products.
The connected drug delivery devices market in the MEA region, which merely contributes 1.9% to the global market share, is expected to rise at a sluggish CAGR. This is majorly due to high costs and little to no awareness about connected drug delivery devices.
However, as the region develops, it would offer some good opportunities for manufacturers and distributors of connected drug delivery devices to boost their sales.
The healthcare industry in the USA has been experiencing great growth over the past few years, and is expected to continue to do so over the forecast period as well. The nation has seen substantial increase in the adoption of connected drug delivery equipment.
Factors such as high per capita healthcare spending, rising adoption of new medical technologies, and increasing awareness about the adverse effects of non-compliance with drug therapy are majorly driving the sales of connected drug delivery products in the USA
The Japanese connected drug delivery devices market in 2022 is slated to hold 5.1% share of the global market. The nation is always regarded as one of the most technologically advanced in the world, and it only befits that Japan is leading the adoption of healthcare and medical technologies than most nations.
Japan has very high technological proliferation in the healthcare sector, and this makes it a very lucrative market for connected drug delivery device suppliers.Demand for connected drug delivery equipment is also expected to be boosted by the rising geriatric population in Japan, which is also fuelling demand for home care solutions in the nation.
Sales of connected drug delivery systems are expected to see a rise over the forecast period as the popularity and effectiveness of these devices rise.
Connected drug delivery devices work majorly on two technologies - Bluetooth and near field communication (NFC). Bluetooth technology connected drug delivery devices contribute more than 3/5 of the global revenue of the industry.
This segment is expected to further grow as advancements in Bluetooth technology pace over the coming years. Low cost of implementation and easy availability make Bluetooth the first choice for many connected drug delivery device manufacturers.
However, NFC technology connected drug delivery devices are expected to rise at the fastest CAGR as these devices are becoming popular for drug identification and tracking purposes, along with having more flexibility and versatility than Bluetooth-operated devices.
| Attribute | Details |
|---|---|
| Forecast Period | 2022 to 2028 |
| Historical Data Available for | 2015 to 2021 |
| Market Analysis | USD Million for Value, Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, India, Indonesia, Malaysia, Singapore, Australia, New Zealand, Turkey, South Africa, and GCC Countries |
| Key Market Segments Covered | Product Type, End User, Application, Technology, Region |
| Key Companies Profiled | Bayer AG.; Propeller Health; West Pharmaceutical Services Inc.; 3M Company; OPKO Health; Sagentia (Science Group); Care TRx; CeQur SA; Biocorp Production SA |
| Pricing | Available upon Request |
Table 01: North America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Country
Table 02: North America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 03: North America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 04: North America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 05: North America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 06: Latin America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Country
Table 07: Latin America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 08: Latin America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 09: Latin America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 10: Latin America Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 11: Western Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Country
Table 12: Western Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 13: Western Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 14: Western Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 15: Western Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 16: Eastern Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Country
Table 17: Eastern Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 18: Eastern Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 19: Eastern Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 20: Eastern Europe Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 21: APECJ Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Country
Table 22: APECJ Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 23: APECJ Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 24: APECJ Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 25: APECJ Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 26: China Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 27: China Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 28: China Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 29: China Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 30: Japan Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 31: Japan Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 32: Japan Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 33: Japan Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 34: MEA Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Country
Table 35: MEA Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Product Type
Table 36: MEA Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 37: MEA Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Application
Table 38: MEA Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By End User
Table 39: Global Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Region
Table 40: Global Connected Drug Delivery Devices Market Value (US$ Mn) Analysis- and Opportunity Assessment 2013–2028, By Product Type
Table 41: Global Connected Drug Delivery Devices Market Value (US$ Mn) Analysis and Opportunity Assessment 2013–2028, By Technology
Table 42: Global Connected Drug Delivery Devices Market Value (US$ Mn) Analysis- and Opportunity Assessment 2013–2028, By Application
Table 43: Global Connected Drug Delivery Devices Market Value (US$ Mn) Analysis-and Opportunity Assessment 2013–2028, By End User
Figure 01: North America Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 02: North America Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 03: North America Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 03: North America Connected Drug Delivery Devices Market Value Share By Country (2022 E)
Figure 04: North America Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 06: North America Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 07: U.S. Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 08: Canada Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 08: Western Europe Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 09: North America Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 10: North America Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 11: North America Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 12: North America Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 13: North America Connected Drug Delivery Devices Market Attractiveness Analysis by Country, 2022-2028
Figure 14: Latin America Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 15: Latin America Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 16: Latin America Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 17: Latin America Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 18: Latin America Connected Drug Delivery Devices Market Value Share By Country (2022 E)
Figure 19: Latin America Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 20: Brazil Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 21: Mexico Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 22: Argentina Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 23: Rest of Latin America Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 24: Latin America Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 25: Latin America Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 26: Latin America Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 27: Latin America Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 28: Latin America Connected Drug Delivery Devices Market Attractiveness Analysis by Country, 2022-2028
Figure 29: Western Europe Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 30: Western Europe Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 31: Western Europe Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 32: Western Europe Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 33: Western Europe Connected Drug Delivery Devices Market Value Share By Country (2022 E)
Figure 34: U.K. Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 35: Germany Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 36: France Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 37: Italy Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 38: Spain Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 39: Rest of Western Europe Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 40: Western Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 41: Western Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 42: Western Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 43: Western Europe Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 44: Western Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Country, 2022-2028
Figure 45: Eastern Europe Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 46: Eastern Europe Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 47: Eastern Europe Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 48: Eastern Europe Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 49: Eastern Europe Connected Drug Delivery Devices Market Value Share By Country (2022 E)
Figure 50: Eastern Europe Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 51: Russia Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 52: Poland Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 53: Rest of Eastern Europe Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 54: Eastern Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 55: Eastern Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 56: Eastern Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 57: Eastern Europe Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 58 : Eastern Europe Connected Drug Delivery Devices Market Attractiveness Analysis by Country, 2022-2028
Figure 59: APECJ Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 60: APECJ Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 61: APECJ Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 62: APECJ Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 63: APECJ Connected Drug Delivery Devices Market Value Share By Country (2022 E)
Figure 64: APECJ Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 65: India Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 66: ANZ Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 67: ASEAN Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 68: Rest of APECJ Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 69: APECJ Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 70: APECJ Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 71: APECJ Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 72: APECJ Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 73: APECJ Connected Drug Delivery Devices Market Attractiveness Analysis by Country, 2022-2028
Figure 74: China Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 75: China Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 76: China Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 77: China Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 78: China Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 79: China Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 80: China Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 81: China Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 82: China Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 83: Japan Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 84: Japan Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 85: Japan Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 86: Japan Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 87: Japan Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 88: Japan Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 89: Japan Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 90: Japan Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 91: Japan Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 91: MEA Connected Drug Delivery Devices Market Value Share By Product Type (2022 E)
Figure 92: MEA Connected Drug Delivery Devices Market Value Share By Technology (2022 E)
Figure 93: MEA Connected Drug Delivery Devices Market Value Share By Country (2022 E)
Figure 94: MEA Connected Drug Delivery Devices Market Value Share By Application (2022 E)
Figure 95: MEA Connected Drug Delivery Devices Market Value Share By End User (2022 E)
Figure 96: MEA Connected Drug Delivery Devices Market Value Analysis and Forecast (US$ Mn), 2013-2028
Figure 97: South Africa Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 98: GCC Countries Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 100: Rest of MEA Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028
Figure 101: MEA Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 102: MEA Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 103: MEA Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 104: MEA Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 105: MEA Connected Drug Delivery Devices Market Attractiveness Analysis by Country, 2022-2028
Figure 106: Global Connected Drug Delivery Devices Market Attractiveness Analysis by Region, 2022-2028
Figure 107: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Inhalation Devices
Figure 108: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Injectable Devices
Figure 109: Global Connected Drug Delivery Devices Market Attractiveness Analysis by Product Type, 2022-2028
Figure 110: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Bluetooth
Figure 111: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By NFC
Figure 112: Global Connected Drug Delivery Devices Market Attractiveness Analysis by Technology, 2022-2028
Figure 113: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Anaphylaxis
Figure 114: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Cardiovascular
Figure 115: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Diabetes
Figure 116: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Hormone Replacement
Figure 117: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Others
Figure 118: Global Connected Drug Delivery Devices Market Attractiveness Analysis by Application, 2022-2028
Figure 119: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Hospitals
Figure 120: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Clinics
Figure 121: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013–2028, By Homecare
Figure 122: Global Connected Drug Delivery Devices Market Attractiveness Analysis by End User, 2022-2028
Figure 123: Global Connected Drug Delivery Devices Market Value Analysis (US$ Mn), 2013-2028
Figure 124: Global Connected Drug Delivery Devices Market Absolute $ Opportunity, 2022 - 2028
The connected drug delivery devices market is projected to grow at a remarkable CAGR of 23.6%, reaching a market value of USD 1.6 billion by 2028.
The region with the maximum uptake of connected drug delivery devices is North America, primarily centered in the United States.
As the popularity of these devices increases, connected drug delivery systems are expected to experience a rise in sales in Japan through 2028.
A significant barrier confronted by manufacturers is the imperative to seamlessly integrate with established healthcare systems.
Factors driving the market growth include the rising prevalence of chronic diseases, demand for personalized healthcare, and improved medication adherence.
The competitive landscape features a mix of established players and emerging companies. Some prominent players include Bayer AG, Propeller Health, West Pharmaceutical Services Inc., and 3M Company, among others.
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