Connected Drug Delivery Devices Market Report Overview
MMR provides a brief description of Connected Drug Delivery Devices industry. It includes a detailed analysis of the ” Connected Drug Delivery Devices market ” that highlights standard topics and customizes the data as needed. This overview help investors to understand the situation in the Connected Drug Delivery Devices industry.
Devices for Connected Drug Delivery The market was estimated to be worth USD 1219.93 million in 2022, and from 2023 to 2029, the total revenue from connected drug delivery devices is anticipated to increase at a CAGR of 36.10%, or roughly USD 10552.30 million.
Drug delivery systems that are connected combine features like connectivity to a variety of internet services. Many industry players are creating technologies to aid in better patient monitoring and therapy. Adherence monitors, dosage reminders, patient records to gather health information, and possibilities for patient education are just a few of the features offered by connected drug delivery systems. These tools are commonly used in the management of cardiovascular illnesses, COPD, diabetes, and asthma.
Connected Drug Delivery Devices Market Report Scope and Research Methodology
The Connected Drug Delivery Devices market report outlines the current and historical growth patterns of the market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The Connected Drug Delivery Devices market report includes industry-specific challenges, lucrative opportunities, and technical advancements that help key players increase revenue and growth. The report covers current and future trends that are driving the development of the Connected Drug Delivery Devices market. The report includes the competitive landscape along with future technical and financial details of the Connected Drug Delivery Devices industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the Connected Drug Delivery Devices market report along with their SWOT analysis including strengths, weaknesses, opportunities and threats. The bottom-up approach has been used to estimate the Connected Drug Delivery Devices market size by value and volume. All the information has been found by using primary and secondary research methods for the Connected Drug Delivery Devices market report.
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Connected Drug Delivery Devices Market Regional Insights
This section in the Connected Drug Delivery Devices market report includes a detailed analysis of all the regions including North America, Asia Pacific, Europe, South America and the Middle East and Africa with their key countries. An in-depth analysis of trends and Connected Drug Delivery Devices key players in each region with detailed information on their revenue and business is included in the report.
Connected Drug Delivery Devices Market Segmentation
According to Product, the Connected Sensors market for Connected Drug Delivery Devices held the highest market share of over 64% in 2021 and is anticipated to expand at a CAGR of 35.5% over the course of the forecast period. Current delivery devices can be coupled with connected sensors without interfering with their normal operation, and if the device is disposable, they can even be reused. Subsets of these sensors include linked inhaler sensors and connected injectable sensors.
Patients who use connected devices have access to their treatment data, which helps them understand their condition and how their body is responding to the medication that has been given. To make sure patients are aware of appropriate techniques and procedures, training programs on best practices for self-injection may be offered in conjunction with remote monitoring.
1 Global Connected Drug Delivery Devices Market, by Product (2022-2029)
• Connected Sensors
• Integrated Connected Devices
2 Global Connected Drug Delivery Devices Market, by Technology (2022-2029)
• Bluetooth
• NFC
• Other Technologies
3 Global Connected Drug Delivery Devices Market, by Disease Indication Type (2022-2029)
• Gastric Neuroendocrine Tumours
• Lung Neuroendocrine Tumours
• Pancreatic Neuroendocrine Tumours
• Appendiceal Neuroendocrine Tumours
4 Global Connected Drug Delivery Devices Market, by Treatment Type (2022-2029)
• Somatostatin Analogs
• Targeted Therapy
• Chemotherapy
5 Global Connected Drug Delivery Devices Market, by End-User (2022-2029)
• Healthcare Providers
• Homecare Centres
Connected Drug Delivery Devices Market Key Competitors include
1. Propeller Health (US)
2. West Pharmaceutical Services, Inc. (US)
3. 3M Company (US)
4. OPKO HEALTH, INC. (US)
5. BD Medical – Pharmaceutical Systems (US)
6. Antares Pharma, Inc. (US)
7. Johnson & Johnson Services, Inc. (US)
8. CeQur Corporation (US)
9. SMC Ltd. (US)
10.Philips Medisize (US)
11.ViVO Smart Medical Devices Ltd. (UK)
12.Sagentia (UK)
13.Bayer AG (Germany)
14.Gerresheimer AG (Germany)
15.Merck Group (Germany)
16.Biocorp Production SA (France)
17.Sanofi (France)
18.Novartis AG (Switzerland)
19.Sulzer Ltd. (Switzerland)
20.MEDMIX SYSTEMS AG. (Switzerland)
21.Novosanis NV (Belgium)
22.FindAir (Poland)
23.Adherium Lmited (New Zealand)
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report:
Key Offerings:
• Market Share, Size & Forecast by Revenue | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
• Market Segmentation – A detailed analysis by Segment, sub-segments and Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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