Press release
Smart Drug Delivery Systems Market Landscape 2025: Forecast Data and Growth Strategy Insights
Smart Drug Delivery Systems
What Is the Expected CAGR for the Smart Drug Delivery Systems Market Through 2025?
In the past few years, the market size for smart drug delivery systems has witnessed swift expansion. It is projected to rise from a $12.65 billion valuation in 2024 to $15.17 billion in 2025, with a compound annual growth rate (CAGR) of 19.9%. Factors that are bolstering this increase during the historic period include a bolstered demand for drug delivery systems, improved patient compliance, a higher rate of chronic illnesses, escalating personalization of medicine, and a pressing need for affordable healthcare solutions.
What's the Projected Size of the Global Smart Drug Delivery Systems Market by 2029?
Anticipated swift expansion is on the horizon for the smart drug delivery systems market, with it's size projected to surge to $31.01 billion by 2029, rising at a Compound Annual Growth Rate (CAGR) of 19.6%. Such growth during the predicted period can be ascribed to the escalating prevalence of non-communicable diseases, the escalating emphasis on precision medicine, the emergence of theragnostic, the increasing demand for non-invasive drug delivery pathways, and growing healthcare spending. In the upcoming period, significant trends will comprise of miniaturization and microfabrication techniques, advancements in the field of material science, the application of Artificial Intelligence (AI) and Machine Learning (ML), the advancement of nano-sized drug delivery systems, and the incorporation of Internet of Things (IoT) and wearable technology.
View the full report here:
https://www.thebusinessresearchcompany.com/report/smart-drug-delivery-systems-global-market-report
Top Growth Drivers in the Smart Drug Delivery Systems Industry: What's Accelerating the Market?
The escalating incidence of chronic diseases is anticipated to stimulate the smart drug delivery system market's progression. Chronic diseases are long-standing health issues that gradually worsen over time, usually due to complex reasons. An increase in these diseases can be attributed to aging demographics, environmental factors, and unequal access to healthcare facilities. Smart drug delivery systems provide an effective method to control chronic diseases by improving the effectiveness of medication and boosting patient compliance. For example, as per data from the US-based National Library of Medicine in January 2023, by 2050, around 142.66 million individuals are expected to suffer from at least one chronic disease, a significant 99.5% increase from 71.522 million in 2020. Consequently, the escalating incidence of chronic diseases is fueling the smart drug delivery systems market's growth.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14796&type=smp
What Trends Will Shape the Smart Drug Delivery Systems Market Through 2029 and Beyond?
Leading firms in the smart drug delivery systems sector are making strides in creating reusable medicinal delivery devices like Qfinity, paving the way for innovative drug dispensation methods. Unlike disposable devices that are thrown out after a single use, Qfinity facilitates multiple uses for medication administration. In May 2022, Jabil Inc., an American manufacturing services enterprise, introduced Qfinity, a reusable device engineered for the self-administration of drugs through subcutaneous injection. This device can handle over a hundred injections per unit and is compatible with 1 mL or 2.25 mL pre-filled cartridges, resulting in a 60% decrease in carbon emissions per injection. The Qfinity autoinjector platform is adaptable and comes with extensive technical specs for different drug volumes and viscosities. Furthermore, there is also a connected variant called Qfinity+ consisting of in-built sensors and electronics for remote patient monitoring and adherence, ensuring connectivity without sacrificing user-friendliness.
What Are the Main Segments in the Smart Drug Delivery Systems Market?
The smart drug delivery systems market covered in this report is segmented -
1) By Product: Connected Inhalers, Connected Autoinjectors, Connected Pen Injectors, Connected Wearable Injectors, Add-On Sensors, Other Products
2) By Therapeutic Area: Metabolic Disorders, Neurological Disorders, Respiratory Disorders, Hormonal Disorders, Other Therapeutic Areas
3) By Drug Delivery Mode: Injectable, Inhalation, Oral
4) By End-User: Hospitals, Clinics, Home Care, Ambulatory Care Settings, Other End-Users
Subsegments:
1) By Connected Inhalers: Dry Powder Inhalers (DPIs), Metered Dose Inhalers (MDIs)
2) By Connected Autoinjectors: Single-Dose Autoinjectors, Multi-Dose Autoinjectors
3) By Connected Pen Injectors: Insulin Pen Injectors, Biologic Pen Injectors
4) By Connected Wearable Injectors: Insulin Wearable Injectors, Infusion Pump Wearable Injectors
5) By Add-On Sensors: Glucose Monitoring Sensors, Medication Adherence Sensors, Temperature Sensors
6) By Other Products: Smart Syringes, Smart Patches, Smart Implants
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14796&type=smp
Which Top Companies are Driving Growth in the Smart Drug Delivery Systems Market?
Major companies operating in the smart drug delivery systems market are Pfizer Inc., Johnson & Johnson, Bayer AG, Abbott Laboratories, Novartis International AG, Medtronic plc, Eli Lilly and Company, Amgen Inc., Novo Nordisk, Merck Group, Becton Dickinson and Company, Stryker Corporation, Baxter International Inc., Boston Scientific Corporation, Biogen Inc., Vertex Pharmaceuticals Incorporated, Phillips-Medisize Corporation, ResMed Inc., West Pharmaceutical Services Inc., Insulet Corporation, Owen Mumford Ltd., Sonceboz, H&T Presspart Manufacturing Ltd., E3D Elcam Drug Delivery Devices, CeQur Corporation
Which Regions Will Dominate the Smart Drug Delivery Systems Market Through 2029?
North America was the largest region in the smart drug delivery systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart drug delivery systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14796
"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Smart Drug Delivery Systems Market Landscape 2025: Forecast Data and Growth Strategy Insights here
News-ID: 4127974 • Views: …
More Releases from The Business Research Company
Unlocking Opportunities in the Tyrosine Kinase Inhibitors Market: 2025-2034 Fore …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Tyrosine Kinase Inhibitors Industry Market Size Be by 2025?
The market for tyrosine kinase inhibitors has seen robust growth in recent times. The market is predicted to expand from $58.03 billion in 2024 to $62.66 billion in 2025, marking a compound annual growth rate (CAGR) of…
Sustained Release Excipients Market Advances With Product Innovation Industry Tr …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Sustained Release Excipients Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, the market size of sustained release excipients has seen significant growth. It's projected to increase from $1.4 billion in 2024 to $1.51 billion in 2025, exhibiting a Compound Annual Growth Rate…
Surge In Cancer Cases Fuels Expansion Of The RNA-Targeting Small Molecule Therap …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the RNA Targeting Small Molecules Therapeutics Market Size By 2025?
In recent years, the market size of RNA targeting small molecules therapeutics has witnessed substantial growth. The market, which is estimated to be worth $6.1 billion in 2024, is projected to increase to $7.83 billion in…
Surge In Autoimmune Diseases Fuels Remicade Biosimilar Market Growth Emerges as …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Remicade Biosimilar Market Through 2025?
In recent times, we've seen significant expansion in the remicade biosimilar market. Projected growth from 2024's $3.95 billion to $4.89 billion in 2025 indicates a compound annual growth rate (CAGR) of 23.8%. This rise during the historic…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging…
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands…
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency…
