Previously in 2018, the global connected drug delivery devices size was valued at USD xx million and estimated to project the value of USD xx million in 2025, registering a CAGR of x.x% during the forecast period.
The growing occurrences of chronic diseases is likely to influence the growth of connected drug delivery devices market size. The continuous product innovation, many products in pipeline and mergers and collaboration activities are some factors that help in growth of connected drug delivery devices market share across the map. At the same time, issues due to excessive usage of nasal sprays may restraint the growth of connected injectable drug delivery devices market. Furthermore, there is a threat of local side effects and reduced bioavailability are also factors hampering the market growth.
Nasal drug delivery technology is the supervision of a drug via the nasal path. The growing preference by patients for nasal drug as an option for better efficiency and easy to administrate. The increased preference of self-use practice is one of the major reasons influencing the growth of nasal drug delivery technology market. Furthermore, there has been a substantial increase in sale of over-the-counter nasal spray drugs and the increased focus on substitute ways of drug delivery are reasons effecting the market growth.
The global connected drug delivery devices market is segmented into several classifications including product outlook, end-user outlook, technology outlook, and regional outlook. Based on the product outlook the connected drug delivery devices market is categorized by connected sensors, inhaler sensors, injection sensors, integrated connected devices, integrated inhalation devices, integrated injection devices. Furthermore, on the basis of end-users outlook the market is fragmented into healthcare providers, and homecare centers. Based on the technology outlook the global connected drug delivery devices is divided into Bluetooth, NFC, other technologies such as cellular, low power wide area network. Discussing the regional outlook, the connected drug delivery devices market is widely range to North America, U.S., Canada, Europe, U.K., Germany, Asia Pacific, Japan, China, Latin America, Brazil, Mexico, and Middle East & Africa, South Africa.
Leading players of the global connected drug delivery devices market include Proteus Digital Health, Adherium Ltd., Merck KGaA, Propeller Health, and BIOCORP.
Key Segmentation of the Global Connected Drug Delivery Market 2018-2025
Connected Drug Delivery Devices Product Outlook (Revenue, USD Million, 2018 - 2025)
- Connected Sensors
- Inhaler Sensors
- Injection Sensors
- Integrated Connected Devices
- Integrated Inhalation Devices
- Integrated Injection Devices
Connected Drug Delivery Devices End-user Outlook (Revenue, USD Million, 2018 - 2025)
- Healthcare Providers
- Homecare Centers
Connected Drug Delivery Devices Technology Outlook (Revenue, USD Million, 2018 - 2025)
- Other Technologies (Cellular, Low Power Wide Area Network)
Connected Drug Delivery Devices Regional Outlook (Revenue, USD Million, 2018 - 2025)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- South Africa
What to expect from the upcoming report on ‘Global Connected Drug Delivery Devices Market’:
- Future prospects and current trends of the Global Connected Drug Delivery Devices Market by the end of forecast period. (2017 – 2025).
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.