Connected Drug Delivery Devices Market Worth $7+ Billion, Globally, by 2028 at 50+% CAGR | The Insight Partners

NEW YORK, Oct. 14, 2022 /PRNewswire/ -- The Insight Partners published latest research study on "Connected Drug Delivery Devices Market Size, Share, Revenue, Growth Strategy, Industry Trends and Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Technology, End User, and Geography," the global connected drug delivery devices market size is expected to grow from USD 463.59 million in 2021 to USD 7,998.09 million by 2028; it is estimated to grow at a CAGR of 50.3% from 2022 to 2028.

Download Sample PDF Brochure of Connected Drug Delivery Devices Market Size - COVID-19 Impact and Global Analysis with Strategic Insights at: https://www.theinsightpartners.com/sample/TIPRE00003012/

Global Connected Drug Delivery Devices Market Report Scope, Segmentations, Regional & Country Scope:

Browse key market insights spread across 150 pages with list of tables & list of figures from the report, "Connected Drug Delivery Devices Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type [Connected Sensors (Connected Inhaler Sensors and Connected Injection Sensors), Integrated Devices (Connected Inhaler Devices and Connected Injection Devices), and Platform & Service, Technology [Bluetooth, Near Field Communication (NFC), Cellular Networks, and Others], and End User (Hospitals, Homecare, and Others)" in detail along with the table of contents: https://www.theinsightpartners.com/reports/connected-drug-delivery-devices-market

Propeller Health, Adherium Limited, West Pharmaceutical Services, FindAir, Phillips-Medisize, Biocorp, 3M, Cohero Health, and Merck Group are a few key players profiled during the study of the global connected drug delivery devices market. Several other major companies were analyzed during this study to get a holistic view of the market and its ecosystem. 

The rising incidence of diabetes, asthma, hypertension, tuberculosis, multiple sclerosis, clinically isolated syndrome, and other chronic diseases is expected to propel the global connected drug delivery devices market from 2022 to 2028. According to the National Diabetes Statistics Report, 37.9 million people (~ 11% of the global population) of all ages had diabetes in the US in 2020. Connected drug delivery devices/systems have been found to be potentially beneficial for effective diabetes treatment, such as improving the stability/dosage of drugs, overcoming different biological barriers in vivo to increase bioavailability, and acting as an automatized system to mimic endogenous insulin delivery and reduce the risk of hypoglycemia among population.

Also, owing to the COVID-19 crisis, the adoption of virtual treatment has increased. The connected drug delivery devices send notifications regarding patient's health status to the healthcare professionals and keep a medication track. Such a factor is expected to bolster the growth of the global connected drug delivery devices market during the forecast period. Based on type, the market is segmented into connected sensors, integrated devices, and platform & services. The market for the connected sensors segment is further bifurcated into connected inhaler sensors and connected injection sensors.

Inquiry Before Purchase: https://www.theinsightpartners.com/inquiry/TIPRE00003012/

The market for the integrated devices segment is subsegmented into connected inhaler devices and connected injection devices. The connected sensors segment captured the largest share in 2021. The segment captured more than 70% of the market in 2021 and is anticipated to retain its dominance during the forecast period. Connected sensors can be easily connected to existing devices and can be reused too. The inhalation devices such as needless drug delivery techniques, have increased the demand of inhalation devices all the more. On the other hand, the platform & services segment is expected to register the highest CAGR during the forecast period.

Based on end user, the global connected drug delivery devices market is segmented into hospitals, homecare, and others. The hospitals segment accounted for the largest market share in 2021 and is expected to continue its dominance in the market over the forecast period. On the other hand, the homecare segment is expected to register the highest CAGR during the forecast period. The easy of medication administration in homecare settings without the help of healthcare professionals is expected to drive the market growth for the segment in the future. Spirale drug delivery system manufactured by Armstrong Medical is an alternative treatment to nebulization for bronchodilator therapy.

Speak to Research Expert: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00003012

Based on technology, the global connected delivery drug devices market is segmented into Bluetooth, cellular networks, near field communication (NFC), and others. The Bluetooth segment accounted for the largest market share in 2021 and is expected to dominate the market over the forecast period. The Bluetooth technology is cheapest than near field communication (NFC) and cellular network. 

The device optimizes alveolar drug deposition using a carefully designed jet orifice in combination with volumizing geometry. This collapsible volumizing chamber is designed to deliver micro-drug particles from a Metered Dose Inhaler (MDI). The product is intended to remain in the breathing circuit, therefore removing the risk of environmental contamination in the healthcare settings, including hospitals, clinics, long-term care centers, urgent care centers, and ambulatory surgical centers. The device can be positioned in the inspiratory limb of the breathing circuit or is equally suitable in a catheter mount or connected directly to the patient connector. Spirale is intended to remain in the breathing system and does not require disconnection from the breathing system for each treatment, reducing the risk of ventilator acquired pneumonia (VAP).

Quickly Purchase Premium Copy of Connected Drug Delivery Devices Market Growth Report (2022-2028) at: https://www.theinsightpartners.com/buy/TIPRE00003012/

Go through further research published by The Insight Partners:

Femtech Market – The global femtech market size is expected to grow from US$ 11.63 billion in 2021 to US$ 22.29 billion by 2028, with an estimated CAGR of 9.9% from 2022 to 2028.

Women Healthcare Market – The global women healthcare market size was valued at US$ 30.5 billion in 2021 and is likely to reach US$ 42.8 billion by 2028; it is expected to grow at a CAGR of 4.8% between 2022 and 2028.

Orthopedic Implants Market – The global orthopedic implants market size is expected to grow from US$ 46,101.2 million in 2021 to US$ 67,235.1 million by 2028; it is expected to grow at a CAGR of 5.6% from 2022 to 2028.

Surgical Lasers Market – The global surgical lasers market size is expected to grow from US$ 3,625.96 million in 2021 to US$ 6,031.09 million in 2028, with an estimated CAGR of 7.7% from 2022 to 2028.

Immunotherapy Drugs Market – The global immunotherapy drugs market size is expected to grow from US$ 186.32 billion in 2021 to US$ 476.04 billion by 2028; it is expected to grow at a CAGR of 14.4% from 2022 to 2028.

Enteral Feeding Formulas Market – The global enteral feeding formulas market size is expected to grow from US$ 7,803.45 million in 2021 to US$ 11,726.37 million by 2028 at a CAGR of 6.0% between 2022 and 2028.

Fetal Monitoring Market – The global fetal monitoring market size was valued at US$ 3,870.9 million in 2021 and is likely to reach a value of US$ 6,438.2 million by 2028 at a CAGR of 7.6% between 2022 and 2028.

Cell Culture Market – The global cell culture market size was valued at US$ 21,722.8 million in 2021 and is likely to reach US$ 44,330.1 million by 2028; it is expected to grow at a CAGR of 10.7% between 2022 and 2028.

Stroke Management Market – The global stroke management market size is expected to grow from US$ 33.48 billion in 2021 to US$ 55.37 billion by 2028; it is expected to grow at a CAGR of 7.5% from 2022 to 2028.

Diabetic Retinopathy Market – The global diabetic retinopathy market size is expected to grow from US$ 7.78 billion in 2021 to US$ 12.04 billion by 2028; it is expected to grow at a CAGR of 6.5% from 2022 to 2028.

Endotherapy Devices Market – The global endotherapy devices market size was valued at US$ 4,218.9 million in 2021 and is likely to reach US$ 6,494.4 million by 2028; it is expected to grow at a CAGR of 6.4% between 2022 and 2028.

Small Satellite Market – The global small satellite market size is expected to grow from US$ 5.8 Bn in 2021 to US$ 22.9 Bn by 2028 at a CAGR of 22.2% between 2022 and 2028.

Microgrid Market – The global microgrid market size is expected to grow from US$ 25 billion in 2021 to US$ 60 billion by 2028; it is estimated to grow at a CAGR of 17.0% during 2022–2028.

UV Disinfection Equipment Market – The global UV disinfection equipment market size is expected to grow from US$ 4.5 billion in 2021 to US$ 9.5 billion by 2028; it is expected to grow at a CAGR of 12.0% from 2022 to 2028.

Aircraft Electrification Market – The global aircraft electrification market size is expected to grow from US$ 1,977.47 million in 2021 to US$ 14,683.71 million by 2028; it is estimated to grow at a CAGR of 34.1% between 2022 and 2028.

Military Drone Market – The global military drone market size is expected to grow from US$ 11.70 billion in 2021 to US$ 31.38 billion by 2028 at a CAGR of 15.7% between 2022 and 2028.

Human Augmentation Market – The global human augmentation market size is expected to grow from US$ 116.88 Billion in 2021 to US$ 498.70 Billion by 2028 at a CAGR of 23.0% from 2022 to 2028.

Military Unmanned Surface Vehicle Market – The global military unmanned surface vehicle market size is expected to grow from US$ 1,512.32 million in 2021 to US$ 3,166.61 million by 2028 at a CAGR of 11.6% between 2022 to 2028.

Low GWP Refrigerants Market – The global Low GWP refrigerants market size is expected to grow from US$ 22.99 billion in 2021 to US$ 49.89 billion by 2028 at a CAGR of 11.7% between 2022 and 2028.

Food Testing Kits Market – The global food testing kits market size is expected to grow from US$ 20.73 billion in 2021 to US$ 34.14 billion by 2028 at a CAGR of 7.4% between 2022 and 2028.

Shelf-Life Testing Market – The global shelf-life testing market size is expected to grow from US$ 4.49 billion in 2021 to US$ 8.50 billion by 2028; it is estimated to grow at a CAGR of 8.9% between 2022 and 2028.

Acidity Regulators Market – The global acidity regulators market size accounted for approximately US$ 7 Bn in 2021 and is projected to exceed US$ 12 Bn by 2028 at a CAGR of 7.2% between 2022 and 2028.

3D Printing Metal Market – The global 3D printing metal market size is expected to grow from US$ 4.5 billion in 2021 to more than US$ 13 billion by 2028 at a CAGR of 16.5% between 2022 and 2028.

Building Automation System Market – The global building automation system (BAS) market size is expected to grow from US$ 70 billion in 2021 to US$ 175 billion by 2028 at a CAGR of 12% between 2022 and 2028.

Cocoa Derivatives Market – The global cocoa derivatives market size accounted for approximately US$ 26.00 billion in 2021 and is projected to exceed US$ 37.00 billion by 2028 with an estimated CAGR of 5.2% between 2022 and 2028.

Unmanned Helicopter Market – The global unmanned helicopter market size is expected to grow from US$ 3,095.76 Mn in 2021 to US$ 13,958.28 Mn by 2028 at a CAGR of 24.7% between 2022 and 2028.

Graph Database Market – The global graph database market size is expected to grow from US$ 1,854.0 million in 2021 to US$ 7,225.9 million by 2028; it is estimated to grow at a CAGR of 22.1% between 2022 and 2028.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/connected-drug-delivery-devices-market=
Industry Research: https://www.medgadget.com/author/reportsweb | https://www.biospace.com/employer/2309254/tip-knowledge-services-pvt-ltd-/

Logo: https://mma.prnewswire.com/media/1586348/The_Insight_Partners_Logo.jpg

SOURCE The Insight Partners