seobhushan (64)

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Connected Drug Delivery Devices Market is
projected to reach CAGR 35.3 by 2027
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Key Insights from Connected Drug Delivery Devices
Market

• Connected drug delivery devices market revenue
  will grow manifold with the trend for AI and
  machine learning in emerging and developed
  economies. Real-time data has forayed into the
  healthcare sector to predict results and redefine
  the outlook of connected drug delivery devices.
  Delivering drugs through connected devices will
  potentially help companies maximize return on
  investments and boost the growth momentum.
• Biopharma companies are likely to explore the
  commercial value of medication to emphasize
  outcome optimization. Leading players are
  expected to equip devices with sensors to
  leverage connections and streamline the transfer
  of data. In terms of revenue, connected drug
  delivery devices market is forecast to surpass
  USD 2.5 billion by 2027, reflecting a CAGR of
  35.3 during the period.
• End-users are likely to expand their penetration
  in integrated devices with the growing popularity
  of wearables and handheld devices. Advanced
  technology is sought to assist patients in
  managing their medication remotely, thereby
  helping track dosage in real-time. The integrated
  drug delivery devices segment was valued at
  around USD 196.8 in 2020 and will witness a
  similar trend in the coming years.

3
Regional Insights in Connected Drug Delivery
Devices Market

• The Asia Pacific will potentially be replete with
  investments given the unprecedented demand for
  advanced medical devices in India and China.
  Dynamics such as sedentary lifestyle, diabetes,
  obesity and hypertension have stimulated the
  demand for smart devices. Notably, the looming
  threat of noncommunicable diseases has compelled
  hospitals and clinics to invest in advanced drug
  delivery products. The Asia Pacific connected
  drug delivery devices market is likely to touch
  USD 387.9 million by 2027, attributed to the
  presence of pharmaceutical companies.

4

Latest Research Report On Connected Drug Delivery
Devices Market _at_ https//www.gminsights.com/indust
ry-analysis/connected-drug-delivery-devices-market
Request for a sample of this research
report _at_ https//www.gminsights.com/request-sample
/detail/4422
5
Major Companies in Connected Drug Delivery
Devices Market

• Adherium
• Bayer
• Merck
• Phillips Medisize
• Nemera
• BioCorp
• Findair
• Propeller Health

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Industry Coverage

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