Connected Drug Delivery Devices Market size was valued at USD 1219.93 Mn. in 2022 and the total Connected Drug Delivery Devices revenue is expected to grow at a CAGR of 36.10% from 2023 to 2029, reaching nearly USD 10552.30 Mn.

Connected Drug Delivery Devices Market Scope :

The Connected Drug Delivery Devices Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Connected Drug Delivery Devices market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Connected Drug Delivery Devices market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.

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Connected Drug Delivery Devices Market Overview :

Maximize Market Research, a leading business consultancy has published a research report on the Connected Drug Delivery Devices market. The report showcases the global growth of the Connected Drug Delivery Devices market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.

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Connected Drug Delivery Devices Market Segmentation :

by Product

Connected Sensors
Integrated Connected Devices

With a market share of around 64% in 2021, the Connected Sensors segment led the market for Connected Drug Delivery Devices and is anticipated to expand at a CAGR of 35.5% over the next five years. 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.

by Technology

Bluetooth
NFC
Other Technologies

by Disease Indication Type

Gastric Neuroendocrine Tumours
Lung Neuroendocrine Tumours
Pancreatic Neuroendocrine Tumours
Appendiceal Neuroendocrine Tumours

by Treatment Type

Somatostatin Analogs
Targeted Therapy
Chemotherapy

by End-User

Healthcare Providers
Homecare Centres

In 2021, the Healthcare Providers market category dominated the market for connected drug delivery devices and held the biggest market share. Furthermore, the segment is anticipated to continue to dominate with a CAGR of roughly 32.8% throughout the course of the projection year. The need for appropriate patient health record-keeping is driven by the increased prevalence of chronic diseases like COPD, cardiovascular conditions (CVDs), diabetes, and other ailments. Systems for connected drug delivery monitor medication delivery and use while preserving patient data. The greatest number of patients can have the best health outcomes, according to clinicians. For the sake of the patient, they want to guarantee adherence, and one strategy they are contemplating is using connected devices.

Connected Drug Delivery Devices Market Key Players :

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)

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Regional Analysis

The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.

Key Questions Answered in the Connected Drug Delivery Devices Market Market Report:

  • What is the definition of the Connected Drug Delivery Devices Market?

  • What is the forecast period for the Connected Drug Delivery Devices Market?

  • What is the competitive landscape of the Connected Drug Delivery Devices Market?

  • Which region holds the largest market share in the Connected Drug Delivery Devices Market?

  • What are the opportunities for the Connected Drug Delivery Devices Market?

  • What factors are influencing the growth of the Connected Drug Delivery Devices Market?

  • Who are the key players in the Connected Drug Delivery Devices Market?

  • Which company holds the largest share in the Connected Drug Delivery Devices Market?

  • What will be the compound annual growth rate (CAGR) of the Connected Drug Delivery Devices Market during the forecast period?

  • What key trends are expected to emerge in the Connected Drug Delivery Devices Market in the coming years?

Key Offerings:

  • Market Share, Size, and Revenue Forecast | 2022-2029

  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends

  • Market Segmentation: Detailed analysis by Connected Drug Delivery Devices Market

  • Landscape: Leading key players and other prominent participants

About Maximize Market Research:

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