Press release
Connected/Smart Drug Delivery Systems Market Study Analysis with Forecast to 2034
According to the latest research by InsightAce Analytic, the global Connected Smart Drug Delivery Systems Market Size is valued at USD 4.2 Billion in 2024 and is predicted to reach USD 10.5 Billion by the year 2034 at a 10.0% CAGR during the forecast period for 2025-2034.
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Connected or smart drug delivery systems utilize advanced formulations, technologies, and devices to administer medications to targeted sites within the body. These systems are designed to optimize therapeutic outcomes while minimizing associated side effects. They are particularly beneficial in the management of conditions such as respiratory disorders, diabetes, and cardiovascular diseases.
In addition to improving treatment efficacy, smart drug delivery devices can monitor dosage accuracy and timing, providing real-time feedback to patients. The COVID-19 pandemic has accelerated the demand for such contactless and automated healthcare solutions. As a result, the adoption of connected drug delivery systems is expected to grow significantly in the coming years, driving increased demand for these innovative technologies.
In current scenario, many healthcare facilities started using digitalized and wireless devices, which are user friendly and efficient in term of accuracy. So, adding different features in the devices like remote tracking, dosage reminders, feedback for patients and patient education tools, creating various smartphone applications and user-friendly devices with low-cost connectivity, inventing new products according to patient's requirements will develop more opportunities to lead this market.
Collaboration between biopharma companies and healthcare technology providers increases the likelihood that linked smart medication delivery devices will be beneficial. Leading players of this industry are Ypsomed, Nemera, West Pharmaceutical Services, Inc., and BIOCORP. These companies have products that aim to improve drug delivery devices for asthma and chronic lung diseases, insulin injection processes for diabetes, treatments for Alzheimer's, and emergency allergy therapies.
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Key Developments:
• In April 2022, Pneuma Systems Corporation has developed a multifaceted business partnership with West Pharmaceutical Services, Inc. with the purpose of enhancing patients' medication therapy experiences. West will employ Pneuma's unique closed-loop fluid flow management platform to create medication delivery solutions for pharmaceutical corporations and clinical end customers.
• In March 2022, Novo Nordisk recently expanded its oral medication delivery research relationship with the Massachusetts Institute of Technology (MIT) and Brigham and Women's Hospital (BWH). The cooperation will now last through 2026, with the scope expanded to cover the development and integration of bioelectronics, biosensors, and stimuli-responsive delivery systems.
• In Nov 2021, Ypsomed has introduced the YpsoMate On, which it describes as " autoinjector for prefilled syringes with integrated connection." The innovative device also contributes to the company's objective of reaching CO2-neutral production by 2030 and net-zero emissions across the whole value creation chain by 2040.
• In Aug 2020, Sulzer has announced the acquisition of Haselmeier, a Swiss-German medication delivery device researcher and producer, for $118 million (€100 million). Haselmeier provides solutions for subcutaneous injection systems used for the safe self-administration of liquid medications.
The global connected/smart drug delivery system market report covers numerous players like BIOCORP, Elcam Drug Delivery Devices (E3D), Novo Nordisk, Merck, Pneuma Respiratory, H&T Presspart, Nemera, Ypsomed Holdings, Unolife Corporation, Quio Technologies, SHL Group, Haselmeier Inc., Portal Instruments Inc, West Pharmaceutical Services Inc. , Emperra GmbH E-Health Technologies, Amiko Digital Health Limited, Cognita Labs, DIAMESCO CO., Ltd., Eitan Medical (Q Core Medical Ltd., Avoset Health, Sorrel Medical), Enable Injections, Bigfoot Biomedical Inc., Medtronic Plc, Companion Medical , Cohero Health, Inc., Propeller Health, Pendiq Intelligent Diabetes Care, Phillips-Medisize, Becton, Dickinson and Company (BD), Noble International Inc, etectRx, Aterica Inc., Findair Sp. z o. o., Recipharm AB, Aero Pump GmbH, Jiangsu Delfu medical device Co.,Ltd, and other prominent players.
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Market Segments
Market Size (Value & Volume) & Forecasts and Trend Analyses, 2025 to 2034 based on Products
• Connected Inhalers
• Connected Auto injectors
• Connected Needle-Free Injectors
• Connected Pen injectors
• Connected Insulin Pumps
• Connected Wearable Injectors/Patch Pumps
• Add-On Sensors
Market Size (Value & Volume) & Forecasts and Trend Analyses, 2025 to 2034 based on Therapeutic Area
• Metabolic Disorders
• Neurological Disorders
• Respiratory Disorders
• Others
Market Size (Value & Volume) & Forecasts and Trend Analyses, 2025 to 2034 based on End-User
• Hospitals
• Clinics
• Homecare
Market Size (Value & Volume) & Forecasts and Trend Analyses, 2025 to 2034 based on region
• Europe
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Europe Connected/Smart Drug Delivery Systems Market Revenue (US$ Million) and Volume (No. of Units) by Country, 2025 to 2034
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
North America Connected/Smart Drug Delivery Systems Market Revenue (US$ Million) and Volume (No. of Units) by Country, 2025 to 2034
• U.S.
• Canada
Asia Pacific Connected/Smart Drug Delivery Systems Market Revenue (US$ Million) and Volume (No. of Units) by Country, 2025 to 2034
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Connected/Smart Drug Delivery Systems Market Revenue (US$ Million) and Volume (No. of Units) by Country, 2025 to 2034
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Connected/Smart Drug Delivery Systems Market Revenue (US$ Million) and Volume (No. of Units) by Country, 2025 to 2034
• GCC Countries
• South Africa
• Rest of Middle East & Africa
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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 a 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.https://www.insightaceanalytic.com/images_data/148861653.
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