Press release
Rising Prevalence Of Chronic Disease Driver: Leading Transformation in the Electronic Drug Delivery Systems Market in 2025
Electronic Drug Delivery Systems Market Size
The growing incidence of chronic illnesses is anticipated to fuel the expansion of the electronic drug delivery systems market in the future. Chronic illnesses are those conditions or diseases that persist for over a year and necessitate continuous medical care. Electronic drug delivery systems are employed to control drug dosages, simplifying medication dosing for individuals living with chronic illnesses. For example, data from the US-based National Library of Medicine in January 2023 projected that the population of individuals over the age of 50 in the US with at least one chronic condition would surge to 142.66 million by 2050. Consequently, the escalating prevalence of chronic diseases is expected to stimulate the growth of the electronic delivery system market.
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What is the projected compound annual growth rate (CAGR) of the electronic drug delivery systems market from 2025 to 2034, and what factors influence it?
In recent times, the electronic drug delivery systems market has experienced significant growth. It's projected to escalate from a worth of $11.15 billion in 2024 to $12.02 billion in 2025, signifying a compound annual growth rate (CAGR) of 7.8%. Factors contributing to this growth during the historic period include an increase in chronic disease prevalence, an aging populace, patients favoring non-invasive administration, healthcare cost control, clinical advancements, and validation.
The market size for electronic drug delivery systems is anticipated to experience swift expansion in the upcoming years. The estimation shows an increase to "$17.74 billion in 2029 with a compound annual growth rate (CAGR) of 10.2%. Numerous factors are driving this growth for the predicted period, including the rise in personalised medication, growing worldwide health care expenditure, focused attention on patient-centric healthcare, the appearance of targeted therapies, a favourable regulatory environment, and improvements in remote patient monitoring. Upcoming trends during the forecast period are expected to incorporate artificial intelligence (AI), biocompatible materials, implantable apparatus, customization for distinct therapeutic categories, regulatory progression and standardization, and partnerships among pharma and technology firms.
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How are the latest trends influencing the growth of the electronic drug delivery systems market?
High-tech, minimally intrusive drug administration systems are a prevalent trend in the electronic drug delivery system industry. To maintain their relevance in the market, key players are rolling out advanced and innovative drug delivery systems. For instance, Evonik Industries AG, a German specialty chemicals enterprise, introduced EUDRATEC SoluFlow in March 2022. This new microparticle technology boosts the solubility of active pharmaceutical ingredients in orally administered drugs. It further stands as one of the company's oral drug delivery technologies aimed at tackling conditions like cancer, cardiovascular issues, infectious diseases, and diabetes.
What are the major segments of the electronic drug delivery systems market and their role in driving growth?
The electronic drug delivery systems market covered in this report is segmented -
1) By Type: Electronic Infusion Pumps, Electronic Injection Pens, Electronic Auto-Injectors, Electronic Inhalers, Electronic Capsules, Other Types
2) By Component: Sensors, Wireless Communicator And Antennas, Micro Pumps And Flow Regulators, Drug Reservoir, Microcontroller, Other Components
3) By System Type: Battery-Powered Systems, Rechargeable Systems
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
5) By Application: Diabetes, Cardiovascular Disease, Respiratory Disorders, Multiple Sclerosis, Other Applications
Subsegments:
1) By Electronic Infusion Pumps: Volumetric Infusion Pumps, Syringe Infusion Pumps, Ambulatory Infusion Pumps
2) By Electronic Injection Pens: Insulin Pens, Growth Hormone Pens, Other Injectable Medication Pens
3) By Electronic Auto-Injectors: Pre-filled Auto-Injectors, Spring-Loaded Auto-Injectors
4) By Electronic Inhalers: Metered Dose Inhalers (MDI), Dry Powder Inhalers (DPI), Soft Mist Inhalers
5) By Electronic Capsules: Smart Capsules, Digital Capsules With Sensors
6) By Other Types: Transdermal Drug Delivery Systems, Implantable Drug Delivery Systems, Wearable Drug Delivery Systems
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Which regions are key players in the growth of the electronic drug delivery systems market?
North America was the largest region in the electronic drug delivery systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global electronic drug delivery systems market report during the forecast period. The regions covered in the electronic drug delivery systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the key firms paving the way for growth in the electronic drug delivery systems market?
Major companies operating in the electronic drug delivery systems market include Gerresheimer AG, Medtronic plc, Novo Nordisk A/S, Insulet Corporation, Bayer AG, Tandem Diabetes Care, United Therapeutics Corporation, F. Hoffmann-La Roche AG, Elcam Medical, Sanofi S.A., Canè SpA, FindAir, Johnson & Johnson Services Inc., Antares Pharma Inc, Abbott Laboratories, Adherium Ltd., H&T Presspart Manufacturing Ltd., HCmed Innovations Co. Ltd., Amiko Digital Health Limited, CeQur Corporation, West Pharmaceutical Services Inc., BIOCORP
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What Is Covered In The Electronic Drug Delivery Systems Global Market Report?
• Market Size Forecast: Examine the electronic drug delivery systems market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the electronic drug delivery systems market for a structured understanding.
• Key Players Overview: Analyze major players in the electronic drug delivery systems market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the electronic drug delivery systems market.
• Segment Contributions: Evaluate how different segments drive overall growth in the electronic drug delivery systems market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the electronic drug delivery systems market.
• Industry Challenges: Identify potential risks and obstacles affecting the electronic drug delivery systems market.
• Competitive Landscape: Review strategic developments in the electronic drug delivery systems market, including expansions, agreements, and new product launches.
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