The global connected drug delivery devices market size is projected to reach USD 4,062.7 million by 2026, exhibiting a CAGR of 35.4% during the forecast period. However, the market size was USD 361.1 million in 2018. This information is published in a recent report by Fortune Business Insights, titled, “Connected Drug Delivery Devices Market Size, Share & Industry Analysis, By Type (Injectable Devices and Inhalation Devices & Others) By Technology (Bluetooth, NFC, and Others) By End User (Homecare Settings and Hospitals) and Regional Forecast, 2019-2026.” As per the report, a rising incidence of diabetes, COPD, and asthma are anticipated to boost the connected drug delivery devices market growth in the coming years.
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Highlights of the Report
- Elaborate information regarding the connected drug delivery devices market trends, growth drivers, obstacles, opportunities, and challenges.
- Competitive landscape, namely, mergers & acquisitions, new product launches, agreements, etc.
- Regional analysis consisting of North America, Europe, Asia pacific, and Rest of the World.
Leading Players operating in the Connected Drug Delivery Devices Market are:
- BD
- Proteus Digital Health
- Cohero Health, Inc.
- F. Hoffmann-La Roche Ltd.
- Adherium
- West Pharmaceutical Services
- Ypsomed Holding
- Propeller Health (A ResMed Company)
Increasing Demand for Digital Medical Devices to Favor Growth in Europe
North America had generated USD 253.0 million connected drug delivery devices market revenue in 2018. The region is anticipated to lead the market throughout the forthcoming years. Strategic collaborations, existence of major players, increasing healthcare expenditure, and well-established infrastructure are some of the most significant drivers of the market in this region. Europe is experiencing a rising demand for digital medical devices as well as a higher adoption of connected drug delivery devices on account of an urgent requirement to improve the patient experience.
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FindAir Launches its Smart Inhaler Device Called FindAir ONE in Europe
January 2019: FindAir, a developer of digital systems for asthma and COPD control, based in Poland, announced the launch of FindAir ONE in Europe. It is a commercial smart inhaler device that can be connected to an accompanying web or mobile app wirelessly for doctors and patients alike. It is to be attached to the COPD or asthma rescue medication in the form of a pMDI inhaler. It gathers information about the usage of each drug as well as the circumstances of that use.
Market Segmentation:
By Type
• Injectable Devices
• Inhalation Devices and Others
By Technology
• Bluetooth
• NFC (Near Field Communication)
• Others
By End User
• Homecare Settings
• Hospitals
By Region
• North America
• Europe
• Asia Pacific
• Rest of the World
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Technological advancements in Connected Drug Delivery Devices Market
- Recent Industry Developments- Partnerships, Mergers, And Acquisitions
- New Product Launches by Key Players
- Regulatory Scenarios
- Trends of Usage of Connected Drug Delivery Devices
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