Connected Drug Delivery Devices Market Qualitative and Quantitative Analysis By 2028

The Connected Drug Delivery Devices Market 2022 global Market research report is a comprehensive business study on the current state of the Connected Drug Delivery Devices Market providing competitive analysis in form of 10 company profiles along with their product picture and specification, capacity production price cost production value and contact information says a latest report at the insight partners

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The connected drug delivery devices market is expected to grow from US$ 463.59 million in 2021 to US$ 7,998.09 million by 2028; it is expected to grow at a CAGR of 50.3% from 2022 to 2028.

The increasing number of patients suffering from diabetes, asthma, hypertension, tuberculosis, multiple sclerosis, clinically isolated syndrome, chronic obstructive pulmonary disease (COPD), hepatitis C, and other chronic diseases and the growing emphasis of healthcare professionals on preventive care drive the growth of the connected drug delivery devices market.  Connected drug delivery devices are made by using embedded electronics and sensors. The devices are designed to collect information on self-administration and transmit real-time dose compliance data from the device to the patient's smartphone and the HCP's database. As a result of drug delivery connectivity, the remote compliance helps highlight potential complications that could lead to poor treatment outcomes. During COVID-19 outbreak, patients were restricted from visiting hospitals to avoid the spread of the virus infection. Thus, to maintain social distancing, patients and healthcare professionals depended on self-administration and remote monitoring.

The prominent/emerging players in the Connected Drug Delivery Devices Market research include:

Propeller Health
Adherium Limited
West Pharmaceutical Services
FindAir
Phillips-Medisize
Biocorp
3M
Cohero Health
Merck Group
Other Market Participants.

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 Market Segmentation

The global connected drug delivery devices market is segmented on the basis of type, technology, and end user. 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. The market for the integrated devices segment is subsegmented into connected inhaler devices and connected injection devices. Based on technology, the global connected drug delivery devices market is segmented into Bluetooth, cellular networks, near field communication (NFC), and others. The market, by end user, is segmented into hospitals, homecare, and others

Company overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Product benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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