Press release
How COVID-19 Impacting Connected Drug Delivery Devices Market ? Top Key Players : BD , Proteus Digital Health , Cohero Health Inc., F. Hoffmann-La Roche Ltd., Adherium , West Pharmaceutical Services , Ypsomed Holding , Propeller Health (A ResMed Company)
The global connected drug delivery devices market size is projected to reach USD 4,062.7 million by 2026, exhibiting a CAGR of 35.4% during the forecast period. However, the market size was USD 361.1 million in 2018. This information is published in a recent report by Fortune Business Insights, titled, "Connected Drug Delivery Devices Market Size, Share & Industry Analysis, By Type (Injectable Devices and Inhalation Devices & Others) By Technology (Bluetooth, NFC, and Others) By End User (Homecare Settings and Hospitals) and Regional Forecast, 2019-2026." As per the report, a rising incidence of diabetes, COPD, and asthma are anticipated to boost the connected drug delivery devices market growth in the coming years.Request a Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/connected-drug-delivery-devices-market-100380
The report covers :
o Global connected drug delivery devices market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast time frame.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.
An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this [Market].
Please visit : https://www.fortunebusinessinsights.com/industry-reports/connected-drug-delivery-devices-market-100380
Leading Players operating in the Connected Drug Delivery Devices Market are :
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
o BD
o Proteus Digital Health
o Cohero Health, Inc.
o F. Hoffmann-La Roche Ltd.
o Adherium
o West Pharmaceutical Services
o Ypsomed Holding
o Propeller Health (A ResMed Company)
Highlights of the Report
o Elaborate information regarding the connected drug delivery devices market trends, growth drivers, obstacles, opportunities, and challenges.
o Competitive landscape, namely, mergers & acquisitions, new product launches, agreements, etc.
o Regional analysis consisting of North America, Europe, Asia pacific, and Rest of the World.
Rising Emphasis on Preventive Care of Chronic Diseases to Propel Growth
A rising incidence of chronic diseases across the world is creating more opportunities for the connected drug delivery devices market growth. In 2016, the Global Burden of Disease Study mentioned that the prevalence of COPD went up by approximately 14.7 percent between the period of 1990 to 2015. Besides, connected drug delivery devices possess various novel benefits. So, people are rapidly inclining towards them by replacing the manual devices.
Moreover, an increasing focus on preventive care of chronic disorders is likely to contribute to the market growth in the coming years. The Lancet Respiratory Medicine, for instance, had published a study in 2015 that highlighted that in New Zealand, the adoption of smart inhalers grew up to 84.0 percent amongst asthmatic children from 2014 to 2015.
Bluetooth Segment to Dominate: Need to Connect Smartphones with Drug Delivery Devices Will Surge Demand
In terms of technology, the market is grouped into near field communication (NFC), Bluetooth, and others. The Bluetooth segment is expected to lead the market. It is occurring because of the increasing utilization of this technology for connecting drug delivery devices with smartphones. Apart from that, ease-of-use, as well as high compatibility of this technology with other devices, would drive the growth of this segment. NFC devices, on the other hand, provide superior data transmission and extended battery life. These properties would increase the adoption of these devices in the near future.
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https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/connected-drug-delivery-devices-market-100380
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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges
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