The Connected Drug Delivery Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Connected Drug Delivery Devices Market:
https://www.thebusinessresearchcompany.com/report/connected-drug-delivery-devices-global-market-report
According to The Business Research Company’s Connected Drug Delivery Devices Global Market Report 2024, The connected drug delivery market size is expected to see exponential growth in the next few years. It will grow to $17.67 billion in 2028 at a compound annual growth rate (CAGR) of 24%. The growth in the forecast period can be attributed to increasing prevalence of chronic diseases, rising patient awareness about adherence to prescribed therapies, rapidly moving healthcare it infrastructure, increasing emphasis on preventive care, widespread adoption of connected devices in laboratories and hospitals for maintaining electronic health records (EHR). Major trends in the forecast period include increasing R&D activities, surge in technological innovation and the increasing connectivity of devices, soaring adoption of machine learning and artificial intelligence, rising implementation of telehealth platform integrated with AR/VR technologies, increasing adoption of electronic technology in healthcare devices.
The increasing importance of remote patient monitoring is expected to propel the growth of the connected drug delivery device market going forward. Remote patient monitoring is a healthcare delivery method that uses technology to track patient health and medical data from a distance. Connected drug delivery devices enhance RPM by enabling accurate tracking of medication usage and adherence, facilitating timely interventions, and providing personalized care management. For instance, In August 2023, according to a survey by Vivalink Inc., a US-based digital health solutions provider, there was a 305% increase in clinicians using remote patient monitoring (RPM) on patients, from 20% in 2021 to 81% currently, with 84% of these users planning to expand their RPM usage in 2024. Therefore, the increasing importance of remote patient monitoring is driving the growth of the connected drug delivery device market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=13962&type=smp
The connected drug delivery devices market covered in this report is segmented –
1) By Type: Standalone Components And Software, Integrated Devices
2) By Technology: Bluetooth, Near-Field Communication (NFC), Other Technologies
3) By Administration: Parenteral, Inhalational
4) By Application: Asthma, Chronic Obstructive Pulmonary Disease, Diabetes Management, Other Applications
Major companies operating in the connected drug delivery devices market are focused on developing innovative technology, such as digital respiratory health solutions, to increase their profitability in the market. A digital respiratory health solution for connected drug delivery devices refers to a technology-enabled device that facilitates medication delivery to the respiratory system while tracking usage and health data to improve patient outcomes. For instance, in February 2022, AptarGroup Inc., a US-based manufacturer of dispensing packaging and drug delivery devices, launched HeroTracker Sense. This is an innovative digital tool that transforms traditional metered-dose inhalers into smart, connected devices to enhance medication adherence and management for individuals with chronic respiratory conditions such as asthma, COPD, and others. It offers features such as sensors for analytics and insight, and it supports patient adherence monitoring via the BreatheSmart app, aiding in the effective management of respiratory diseases.
The connected drug delivery devices market report table of contents includes:
1. Executive Summary
2. Connected Drug Delivery Devices Market Characteristics
3. Connected Drug Delivery Devices Market Trends And Strategies
4. Connected Drug Delivery Devices Market – Macro Economic Scenario
5. Global Connected Drug Delivery Devices Market Size and Growth
…..
32. Global Connected Drug Delivery Devices Market Competitive Benchmarking
33. Global Connected Drug Delivery Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Connected Drug Delivery Devices Market
35. Connected Drug Delivery Devices Market Future Outlook and Potential Analysis
36. Appendix
Related Reports:
https://topprnews.com/artificial-intelligence-of-things-aiot-platforms-system-market-growth/
https://topprnews.com/artificial-intelligence-platforms-market-size/
https://topprnews.com/pharmacy-automation-systems-system-market-size/
https://goodprnews.com/intermittent-pneumatic-compression-ipc-devices-market-size/
https://goodprnews.com/interstitial-cystitis-drugs-market-overview/
https://goodprnews.com/artificial-intelligence-media-entertainment-generator-market-trends/
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Market Size - The retail digital transformation market size has grown exponentially in recent years. It…
Market Size - The quantum computing and technologies market size has grown exponentially in recent…
Market Size - The pan-tilt-zoom (PTZ) camera market size has grown rapidly in recent years. It…
The anti-spam software global market report 2024 from The Business Research Company provides comprehensive market…
The exercise and weight loss apps global market report 2024from The Business Research Company provides…
Market Size - The medical isotopes market size has grown strongly in recent years. It will…