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Electronic Drug Delivery Systems Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Electronic Drug Delivery Systems
Electronic Drug Delivery Systems Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for electronic drug delivery systems has experienced robust growth in recent years. Its size is set to expand from $11.15 billion in 2024 to $11.93 billion in 2025, representing a compound annual growth rate (CAGR) of 7.0%. This progress during the historical period can be linked to factors such as an increase in chronic disease cases, an aging population, patients favoring non-invasive delivery methods, curbing healare expenses, clinical development, and validation.
Electronic Drug Delivery Systems Market Size Forecast: What's the Projected Valuation by 2029?
In the ensuing years, a swift expansion is anticipated in the electronic drug delivery systems market, eventually reaching a value of $17.55 billion in 2029 with a compound annual growth rate (CAGR) of 10.1%. This growth projection for the forecast period can be ascribed to the rise in drug personalization, escalating worldwide healare spending, an emphasis on patient-oriented healare methodologies, the introduction of targeted therapies, a favorable regulatory landscape, and advancements in the area of remote patient monitoring. The forecast period will likely witness key trends such as the integration of artificial intelligence (AI), incorporation of biocompatible materials and implantable devices, customization targeting specific therapeutic sectors, advancement and standardization in regulations, and partnerships between pharmaceutical and technology firms.
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What Are the Drivers Transforming the Electronic Drug Delivery Systems Market?
The growth of the electronic drug delivery systems market is expected to be driven by the increasing occurrence of chronic diseases. Chronic diseases, which are conditions or diseases that last for more than a year and necessitate continuous medical attention, are generally managed using electronic drug delivery systems. These systems help control and monitor drug doses for individuals suffering from chronic conditions. As reported by the National Library of Medicine, a US agency, in January 2023, the number of US residents aged 50 and older with at least one chronic condition is expected to rise to 142.66 million by 2050. As a result, the growing incidence of chronic diseases is set to steer the expansion of the electronic delivery system market.
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Which Fast-Growing Trends Are Poised to Disrupt the Electronic Drug Delivery Systems Market?
Cutting-edge, less intrusive drug administration systems are a significant trend in the electronic drug delivery system market. Leading businesses in the electronic drug delivery market are introducing drug delivery systems that are novel and technologically progressive in order to preserve their position in the market. For example, Evonik Industries AG, a specialty chemicals company based in Germany, launched EUDRATEC SoluFlow in March 2022. This is a new microparticle technology designed to improve the solubility of active pharmaceutical ingredients in oral medications. This new technology is part of the company's portfolio of oral drug delivery technologies intended for the treatment of diseases such as cancer, cardiovascular diseases, infectious diseases, and diabetes.
Which Segments in the Electronic Drug Delivery Systems Market Offer the Most Profit Potential?
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 Firms Dominate the Electronic Drug Delivery Systems Market by Market Share and Revenue in 2025?
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
Which Regions Offer the Highest Growth Potential in 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
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