According to Markntel Advisors Report, Connected Drug Delivery Devices Market is expected to grow at a significant growth rate, and the analysis period is 2025-2030, considering the base year as 2024.Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Connected drug delivery devices are used to provide medication to the patients and the data associated with the amount of dose, medication time duration, etc. gets transmitted to the patient or the doctor. This ensures efficient treatment of the patient, particularly in case of therapies.
Connected Drug Delivery Devices Market Research Report & Summary:
The Global Connected Drug Delivery Devices Market size is valued at USD 4.2 Billion in 2024 and is projected to reach USD 11 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 17% during the forecast period, i.e., 2025-30.
Time Period Captured in the Report:
· Historical Years: 2020-2023
· Base Years: 2024
· Forecast Years: 2025-2030
Who are the Key Players Operating in the Connected Drug Delivery Devices Market?
The top companies of the Solar Water Desalination Plant Market ruling the industry are:
Medtronic, Insulet, Tandem Diabetes Care, Bigfoot Biomedical (Abbott), Phillips–Medisize, West Pharmaceutical Services, Inc., Roche, Becton Dickinson and Company, Cohero Health Inc. (Aptar), Sagentia Innovation, CeQur, E3D Elcam Drug Delivery Devices, BIOCORP, Gerresheimer AG, Ypsomed AG, Nemera, and Others.
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What is Included in Connected Drug Delivery Devices Market Segmentation?
The Solar Water Desalination Plant Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Device Type
- Connected Sensors Devices
- Inhalers- Market Size & Forecast 2020-2030, USD Million
- Injectors
- Auto-Injectors- Market Size & Forecast 2020-2030, USD Million
- Pen-Injectors- Market Size & Forecast 2020-2030, USD Million
- On-Body Connected Devices- Market Size & Forecast 2020-2030, USD Million
- Implanted Connected Devices- Market Size & Forecast 2020-2030, USD Million
- By Connectivity
- Bluetooth Enabled Devices- Market Size & Forecast 2020-2030, USD Million
- Near-Field Communication Enabled Devices- Market Size & Forecast 2020-2030, USD Million
- Cellular Enabled Devices- Market Size & Forecast 2020-2030, USD Million
- Wide Area Network Enabled Devices- Market Size & Forecast 2020-2030, USD Million
- By End User
- Hospitals- Market Size & Forecast 2020-2030, USD Million
- Clinics- Market Size & Forecast 2020-2030, USD Million
- Homecare- Market Size & Forecast 2020-2030, USD Million
- By Administration Route
- Parenteral- Market Size & Forecast 2020-2030, USD Million
- Inhalational- Market Size & Forecast 2020-2030, USD Million
- Homecare- Market Size & Forecast 2020-2030, USD Million
- By Application
- Chronic Diseases
- Asthma- Market Size & Forecast 2020-2030, USD Million
- Cardiovascular Diseases- Market Size & Forecast 2020-2030, USD Million
- Diabetes- Market Size & Forecast 2020-2030, USD Million
- Others- Market Size & Forecast 2020-2030, USD Million
- Personalized Medicines- Market Size & Forecast 2020-2030, USD Million
- Remote Patient Monitoring- Market Size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Explore the Complete Connected Drug Delivery Devices Market Analysis Report – https://www.marknteladvisors.com/research-library/connected-drug-delivery-devices-market.html
The Connected Drug Delivery Devices Market Driver:
Rising Cases of Cardiovascular Diseases (CVD) – Globally, most of the deaths happen due to Chronic diseases. CVD is the leading cause of them, as these account for more than 30% of all deaths worldwide. The deaths attributed to CVD have moved up from approximately 12.1 million in 1990 to around 70% and have reached 20.5 million in 2021, reveals the World Heart Foundation. This growth is largely attributed to the increasing population all over the world. This is because globally, the death rate of CVD went down from 354.5 deaths per 100,000 people in 1990 to 239.9 deaths per 100,000 people in 2019. The decreasing birth rate globally which translates into a growing old-age population will raise the incidence of CVD further. The growing number of CVD cases will increase the demand for medication and rehabilitation associated with it. However, the optimum utilization of drugs for CVD is critically important for its effectiveness. Hence, the continuity and drug efficiency coupled with proper monitoring of daily dozes by the patient and the doctor will fuel the demand for connected drug delivery devices.
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