Press release
Global Connected/Smart Drug Delivery Systems Market to reach over USD 7.19 billion by the year 2028
Global Connected Smart Drug Delivery Systems Market
Get Sample copy: https://www.insightaceanalytic.com/enquiry-before-buying/1291
Connected/smart drug delivery systems utilise embedded electronics and sensors to transmit information to the clinician, such as the time, volume, and location of self-administration. This provides professionals with a crucial tool for tracking patient adherence and understanding the outcome of treatment for each particular patient based on concrete facts. These devices are beneficial for treating respiratory diseases, diabetes, and other cardiovascular conditions. In addition, smart sensors monitor dose administration and timing and provide immediate feedback to patients. Connected devices provide patients with access to their own treatment data, allowing for increased comprehension of their illness and the body's response to prescribed medication. The global pandemic has raised the urgent need to decrease the burden on healthcare systems and resources and has highlighted the advantages of connected devices.
The primary drivers of the expansion of connected/smart drug devices are the prevalence of chronic diseases and rising awareness of self-administered therapy. In the upcoming years, the demand is anticipated to increase due to the proliferation of smart drug delivery systems and the rapid evolution of healthcare IT infrastructure. In addition, increased research and development in the field of medical drug delivery devices, the technological advancement and high connectivity of the devices, and the rise in remote patient monitoring are expected to generate significant growth potential throughout the projection period.
In 2021, North America dominated worldwide and held the largest market share. The regional growth can be attributed to rising healthcare expenditures, rising R&D investments, a well-developed healthcare infrastructure, and increasing investment in developing innovative products by significant companies. Additionally, the region has expanded as a result of government initiatives.
List of Prominent Players in the Connected/Smart Drug Delivery Systems Market:
BIOCORP
Elcam Drug Delivery Devices (E3D)
Novo Nordisk
Merck
Pneuma Respiratory
H&T Presspart
Nemera
Ypsomed Holdings
Unolife Corporation
Quio Technologies
SHL Group
Haselmeier Inc.
Portal Instruments Inc
West Pharmaceutical Services Inc.
Emperra GmbH E-Health Technologies
Amiko Digital Health Limited
Cognita Labs
DIAMESCO CO., Ltd.
Eitan Medical (Q Core Medical Ltd., Avoset Health, Sorrel Medical)
Enable Injections
Bigfoot Biomedical Inc.
Medtronic Plc
Companion Medical
Sorrel Medical
Cohero Health, Inc.
Propeller Health
Pendiq Intelligent Diabetes Care
Phillips-Medisize
Becton, Dickinson and Company (BD)
Noble International Inc
etectRx
Aterica Inc.
Findair Sp. z o. o.
Recipharm AB
Aero Pump GmbH
Jiangsu Delfu medical device Co.,Ltd,
other prominent players
Enquiry Before Buying: https://www.insightaceanalytic.com/enquiry-before-buying/1291
Recent Developments:
• In Oct 2022, Merck KGaA extended its partnership with Biocorp to create a Bluetooth-enabled clip-on accessory for one of its medication delivery systems. Merck will provide up to 5 million euros ($5 million) over the course of three years to boost the device's development.
• In Oct 2022, BIOCORP and Merck KGaA partnered to develop and global marketing of a variant of Mallya designed for medication delivery systems. BIOCORP has inked major agreements with Sanofi, Novo Nordisk, and Merck KGaA to develop specialised versions of the technology in the areas of Insulin and Human Growth Hormone (HGH).
• In Sept 2022, Microsoft and Novo Nordisk established a new strategic partnership to combine Microsoft's computational services, cloud, and artificial intelligence (AI) with Novo Nordisk's drug discovery, development, and data science expertise.
• In March 2022, Jabil Healthcare, a branch of Jabil Inc., is collaborating on drug delivery device technology with E3D, a member of the Elcam Medical Group. A recent strategic alliance between the two companies grants Jabil access to E3D's reusable mechanical auto-injector. In addition, the agreement grants Jabil exclusive rights to develop a high-volume reusable auto-injector and related variants.
Segmentation of Connected/Smart Drug Delivery Systems Market-
By Products
• Connected Inhalers
• Connected Auto injectors
• Connected Needle-Free Injectors
• Connected Pen injectors
• Connected Insulin Pumps
• Connected Wearable Injectors/Patch Pumps
• Add-On Sensors
By Therapeutic Area
• Metabolic Disorders
• Neurological Disorders
• Respiratory Disorders
• Others
By End-use
• Hospitals
• Clinics
• Homecare
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
For More Information @ https://www.insightaceanalytic.com/report/global-connected-smart-drug-delivery-systems-market/1291
InsightAce Analytic Pvt. Ltd.
Tel.: +1 551 226 6109
Email: info@insightaceanalytic.com
Site Visit: www.insightaceanalytic.com
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Connected/Smart Drug Delivery Systems Market to reach over USD 7.19 billion by the year 2028 here
News-ID: 2800738 • Views: …
More Releases from InsightAce Analytic Pvt. Ltd
3D Printed Satellite Market expected to Witness Huge Revenue Growth to 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global 3D Printed Satellite Market- (By Component (Antenna, Bracket, Shield, Housing and Propulsion), By Satellite Mass (Nano and Microsatellite, Small Satellite, Medium and Large Satellite)), By Application, By Manufacturing Technique, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global 3D Printed Satellite Market is valued…
TROP2 (Trophoblast Cell-surface Antigen 2) Targeted Cancer Therapy Market expect …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global TROP2 (Trophoblast Cell-surface Antigen 2) Targeted Cancer Therapy Market- (By Application (Breast Cancer, Prostate Cancer, Lung Cancer, Colorectal Cancer, Pancreatic Cancer, and Others)), By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the latest research by InsightAce Analytic, the Global TROP2 (Trophoblast Cell-surface Antigen 2) Targeted Cancer Therapy Market is expected to…
Health and Wellness Market expected to Witness Huge Revenue Growth to 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Health and Wellness Market- (By Sector (Personal Care & Beauty & Anti-Aging, Nutrition & Weight Loss, Physical Activity, Wellness Tourism, Preventive & Personalized Medicine, Spa Economy, and Others)), By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the latest research by InsightAce Analytic, the Global Health and Wellness Market is valued at…
Blood Plasma Freezers Market expected to Witness Huge Revenue Growth to 2034
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Blood Plasma Freezers Market- (By Type (Manual Defrost, Automatic Defrost), By Application (Hospital, Laboratory), By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Blood Plasma Freezers Market is valued at US$ 539.6 Mn in 2023, and it is expected to reach US$ 772.0 Mn…
More Releases for Connected
Connected Healthcare Market Report 2024 - Connected Healthcare Market Size, Shar …
"The Business Research Company recently released a comprehensive report on the Global Connected Healthcare Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Navigating the Connected Era: Connected Car Market Envisions 17.1% CAGR by 2027
According to a recent report published by Allied Market Research, titled, "Connected Car Market by Technology, Connectivity Solution, Service, and End Use: Opportunity Analysis and Industry Forecast, 2020-2027,"the global connected car market was valued at $63.03 billion in 2019, and is projected to reach $225.16 billion by 2027, registering a CAGR of 17.1% from 2020 to 2027.
North America dominated the global connected car market in terms of revenue in 2019,…
Connected Energy Market is Booming Worldwide | GE Energy, Connected Energy, Elst …
The latest study released on the Global Connected Energy Market by AMA Research evaluates market size, trend, and forecast to 2027. The Connected Energy market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download Sample Report…
Connected Aircraft
Connected Aircraft Market 2020-2027 research report is an in-depth analysis of the latest trends, market size, status, upcoming technologies, industry drivers, challenges opportunity with key company profiles, and strategies of players. The Connected Aircraft Market report also provides the market impact and new opportunities created due to the COVID19 catastrophe.
Get the Free Access to the Sample Report of Connected Aircraft market is available at https://inforgrowth.com/sample-request/6327290/connected-aircraft-market
Connected Aircraft Market report 2020-2027, discusses…
Connected Cities
Globalisation of very high capacity networks
The aim of this study is to obtain a detailed snapshot of superfast connectivity with a download rate superior or equal to 100 Mbps in big cities around the world and to draw out the top 10 selection.
This comparison between cities is based on qualitative criteria such as quality of service, affordability compared to local standard of living and on quantitative criteria such as coverage…
Connected World - Connected Car
According to ABI research, the number of global users of telematics smartphone applications is set to explode in the next five years from 3.2 million to 129 million users. It is vital that automotive manufacturers keep up-to-date with developments in this field if they are to remain competitive in this fast-paced market. Because their customers won’t wait.
At IQPC’s 4th International Conference Connected Vehicles from 12-14 April in Berlin, experts…
