Connected Drug Delivery Devices Market Size, Trends, Growth and Forecast to 2024–2032

Rushi K4477
4 min readMay 15, 2024

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Connected drug delivery devices market began at USD 361.1 million in 2018 and is projected to reach USD 25,810.9 million by 2032, with a CAGR of 35.7% during the forecast period (2018–2032).

Fortune Business Insights has added the Latest Report on the “ Connected Drug Delivery Devices Market” The Research Report mainly includes Size, Share, Growth Factors, Sales, Demand, Revenue, Trade, Forecast and Global companies Analysis. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

The market examines developments, product launches, acquisitions, mergers, joint ventures, market competitive research, key players, and brands. The market document also reviews important players, significant partnerships, mergers and acquisitions, and trending developments.

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Global Connected Drug Delivery Devices Market from 2024 to 2032, published by Fortune Business Insights, is a trusted source of data and information that provides a thorough perspective of the industry’s condition and current market trends, situations, and opportunities.

The analysis offers data on industry trends and developments, market dynamics, drivers, and capacity. The study enables the industry expert to keep up with the most recent trends and sector performance where they can predict a sharp decline in market share between 2024 and 2032. An important purpose of the report is to provide a thorough analysis of the market with insightful views, details, actual data, and data verified by the industry.

Key Segments and leading prominent companies profiled Included in the Report are:

  • Proteus Digital Health
  • Ypsomed Holding
  • F. Hoffmann-La Roche Ltd
  • BD
  • West Pharmaceutical Services
  • Propeller Health (A ResMed Company)
  • Adherium
  • Cohero Health, Inc.

Market Drivers:

Growing Focus on Preventive Treatments for Chronic Diseases to Drive Growth

Rising incidence of chronic diseases globally increases opportunities for growth of the connected drug delivery device market. In 2016, the Global Burden of Disease Study said that the prevalence of COPD increased by approximately 14.7% between his 1990 and 2015. Moreover, networked drug delivery devices have several new advantages. So they tend to do it quickly by replacing manual devices.
Moreover, increasing interest in prevention of chronic diseases is likely to contribute to market growth in the coming years. For example, The Lancet Respiratory Medicine published a study in his 2015 highlighting that in New Zealand, acceptance of smart inhalers increased to 84.0% among children with asthma between 2014 and 2015.

Market Segment Analysis:

The study conducts a SWOT analysis of each company to evaluate strengths and weaknesses. It also evaluates the trends observed in the parent market, along with the macroeconomic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Raisins market segments and regions.

Segmentation:

By Type

  • Injectable Devices
  • Inhalation Devices and Others

By Technology

  • Bluetooth
  • NFC (Near Field Communication)
  • Others

By End User

  • Homecare Settings
  • Hospitals

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The report covers extensive competitive intelligence which includes the following data points:

✔ Business Overview
✔ Business Model
✔ Financial Data
✔ Financial — Existing
✔ Financial — Funding
✔ Product/Service Segment Analysis and specification
✔ Recent Development and Company Strategy Analysis
✔ SWOT Analysis

Key Benefits for Stakeholders:

  1. The study represents a quantitative analysis of the present Connected Drug Delivery Devices Market trends, estimations, and dynamics of the market size from 2024 to 2032 to determine the most promising opportunities.
  2. Porter’s five forces study emphasizes the importance of buyers and suppliers in assisting stakeholders to make profitable business decisions and expand their supplier-buyer network.
  3. In-depth analysis, as well as market size and segmentation, help you identify current Connected Drug Delivery Devices Market opportunities.
  4. The largest countries in each region are mapped according to their revenue contribution to the market.
  5. The Connected Drug Delivery Devices Market research report gives a thorough analysis of the current status of the major players.

Important regions covered in the Connected Drug Delivery Devices Market report include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

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