Press release
Electronic Drug Delivery Systems Market Size to Reach Massive Growth of USD 16,139.89 Million by Forecast 2029
Electronic Drug Delivery Systems Market
Electronic drug delivery systems market is expected to gain market growth in the forecast period of 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.9% in the forecast period of 2029 and expected to reach USD 16,139.89 million by 2029.
Electronic drug delivery systems are basically electronically enabled, smart drug delivery devices are well suited to home care settings. These devices add value to outdated instruments and increase ease of administration, suitability, and movability.
The rise in the prevalence of target diseases is the major factor accelerating the growth of the electronic drug delivery systems market. Furthermore, the favorable reimbursement scenario in major markets, rapid advancements in technologies and designs, rise in the prevalence of various chronic disorders and increase in geriatric patient pool are also expected to drive the growth of the electronic drug delivery systems market. However, the strong initial spending on research and development and stringent regulations restrains the electronic drug delivery systems market, whereas, the unfavorable reimbursement structure in developing countries will challenge market growth.
Segmentation:
The electronic drug delivery systems market is segmented on the basis of type, component, connectivity, system type, application, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of type, the market is segmented into electronic infusion pumps, electronic injection pens, electronic auto-injectors, electronic inhalers, electronic capsules, and others.
On the basis of component, the market is segmented into sensors, wireless communicator and antennas, micro pumps and flow regulators, drug reservoir, microcontroller and others.
On the basis of connectivity, the market is segmented into bluetooth low energy (BLE), Wi-Fi, ethernet, NB-IoT, and others.
On the basis of system type, the market is segmented into battery-powered systems and rechargeable systems.
On the basis of application, the market is segmented into diabetes, asthma and chronic obstructive pulmonary disease (COPD), multiple sclerosis, growth hormone therapy, immunodeficiency disease, cardiovascular disease, thalassemia, and others.
Key Market Players:
The major players operating in the electronic drug delivery systems market report are AstraZeneca, Amgen Inc., Ypsomed AG, Merck KGaA, Bayer AG, Nemera, F. Hoffmann-La Roche Ltd, Teva Pharmaceuticals USA, Inc. (A Subsidiary of Teva Pharmaceutical Industries Ltd.), AptarGroup, Inc., Novo Nordisk A/S., ViCentra B.V., Medtronic, United Therapeutics Corporation, Companion Medical, Tandem Diabetes Care, Inc., Debiotech S.A., Canè S.p.A, Insulet Corporation, BD, Findair Sp. z o. o. , B. Braun Melsungen AG , and West Pharmaceutical Services, Inc., among others.
Attractions of The Electronic Drug Delivery Systems Market Report: -
Latest market dynamics, development trends and growth opportunities are presented along with industry barriers, developmental threats and risk factors
The forecast Electronic Drug Delivery Systems Market data will help in the feasibility analysis, market size estimation and development
The report serves as a complete guide which micro monitors all vital Electronic Drug Delivery Systems Market
A concise market view will provide ease of understanding.
Nut Oil Market Competitive market view will help the players in making a right move
Key Questions Answered
What impact does COVID-19 have made on Global Electronic Drug Delivery Systems Market Growth & Sizing?
Who are the Leading key players and what are their Key Business plans in the Global Electronic Drug Delivery Systems Market?
What are the key concerns of the five forces analysis of the Global Electronic Drug Delivery Systems Market?
What are different prospects and threats faced by the dealers in the Global Electronic Drug Delivery Systems Market?
What are the strengths and weaknesses of the key vendors?
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