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Connected Drug Delivery Devices Market

Connected Drug Delivery Devices Market is anticipated to garner substantial gains through 2032

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Connected Drug Delivery Devices Market

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  1. Connected Drug Delivery Devices Market Size Analysis, Drivers, Restraints, Key Factors Forecast Till 2032 Connected Drug Delivery Devices Market is anticipated to garner substantial gains through 2032 owing to the increasing adoption of technologies such as machine learning and artificial intelligence (AI) in healthcare and drug delivery. Besides, the rising importance of real-time data across the healthcare sector will propel the market expansion. In addition, numerous initiatives taken up by market players to incorporate advanced technology in devices will promote the business growth. Get sample copy of this research report @ https://www.gminsights.com/request- sample/detail/4422 Beckton Dickinson (BD), for instance, inked a deal with Biocorp to leverage its near-field communication tags in injectable devices. The deal would see Biocorp's Injay device incorporated in UltraSafePlus prefilled syringes, offering them increased digital connectivity that can be used to accumulate information such as injection time and date, batch number, and expiration date. Overall, the connected drug delivery devices industry is segmented in terms of device, technology, application, end-use and region. Based on devices, the integrated devices segment will showcase considerable growth during 2023-2032. The increasing prevalence of chronic diseases, rising awareness regarding health and illness, rising telecommunication industry, and surging government initiatives will propel the market expansion during the ensuing years. Considering the technology, the Wi-Fi technology segment is anticipated to depict over 28.5% CAGR through 2032. Constant innovations have resulted in the increasing adoption of the latest technologies in medical devices. Besides, the rising consumer awareness regarding several connected drug delivery device technologies to track their daily medication will further drive the demand for WiFi embed connected drug delivery devices. By application, the anaphylaxis segment accounted for more than USD 31 million in 2022. The segment will see huge growth owing to the increasing use of connected drug delivery devices in anaphylaxis patients for quick drug administration. Increasing cases of anaphylaxis would further benefit the overall market growth. European data depicted that the incidence rates for all-causes of anaphylaxis vary between 1.5 to 7.9 per 100,000 person per year. In terms of end-use, the homecare settings segment held a considerable market share in 2022. Constant device development have made their use easy and convenient. Furthermore, an increasing preference for self-administered therapy at homecare will drive the industry growth. Geographically, the Asia Pacific connected drug delivery devices market will grow throughout the forecast period. The constantly increasing pharmaceutical industry will assist the market progression as it offers lucrative opportunities for new and advanced © 2023All Rights Reserved www.gminsights.com

  2. products. Besides, the increasing adoption of new technologies and rising government initiatives for supporting the growth of the pharma industry will boost market development. Request for customization @ https://www.gminsights.com/roc/4422 Table of Contents (ToC) of the report: Chapter 1 Methodology & Scope 1.1 Methodology 1.2 Market scope and definitions 1.3 Base estimates and working 1.4 Forecast parameters 1.5 COVID-19 impact analysis at global level 1.6 Data validation 1.7 Data sources 1.7.1 Primary 1.7.2 Secondary 1.7.2.1 Paid sources 1.7.2.2 Unpaid sources Chapter 2 Executive Summary 2.1 Connected drug delivery devices market industry 3600 synopsis, 2018 - 2032 2.1.1 Business trends 2.1.2 Device type trends 2.1.3 Technology trends 2.1.4 Application trends 2.1.5 End-use trends Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/connected-drug-delivery-devices- market © 2023All Rights Reserved www.gminsights.com

  3. About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: 1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email:sales@gminsights.com © 2023All Rights Reserved www.gminsights.com

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