The global Electronic Drug Delivery Systems (EDDS) market size is expected to reach USD 21.79 Billion in 2032 and is expected to register a steady revenue CAGR of 7.9% during the forecast period, according to latest analysis by Emergen Research. Rising demand for targeted and long-acting injectable drugs is a major factor driving market revenue growth. EDDS are rapidly used for management of chronic diseases including diabetes, Cardiovascular Diseases (CVD), respiratory disorders, and other applications. Some of the EDDS available in the market include wearable infusion pumps, electronic autoinjectors, injectable insulin pins, and electronic inhalers. In addition, rising prevalence of CVD, such as diabetes, cancer, and others particularly in developing economies, and demand for ionizable drug delivery systems for efficient and selective gene therapy are factors driving market revenue growth. Market companies operating in various regions are significantly investing in product Research Development activities and getting into mergers and acquisitions to improve product services and establish a global footprint. Improving medication adherence presents a significant opportunity for market players to gain a larger market share, as over half of chronic disease patients discontinue medications within a year. Moreover, companies are primarily focused on outcome-based models, connected drug delivery systems facilitate treatment programs, reduce healthcare costs associated with non-adherence, and provide favorable reimbursement.
The latest market intelligence report broadly assesses this ever-evolving business sphere and simultaneously elaborates on the production and consumption aspects. The study analyzes numerous indispensable factors, including market growth drivers, opportunities, restraints, and challenges, which are presumed to impact the global market growth in the next few years. The SWOT and Porter’s Five Forces analyses performed in this report assist the reader in understanding the competitive hierarchy of the Electronic Drug Delivery Systems market.
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Competitive Outlook: The leading companies operating in the Electronic Drug Delivery Systems market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Electronic Drug Delivery Systems Market and Profiled in the Report are:
Bayer AG, Gerresheimer AG, Medtronic, Elcam Medical, Novo Nordisk A/S, Insulet Corporation, BD, Sanofi, Frederick Furness Publishing, and United Therapeutics Corporation
Objectives of the Report:
Study of the global Electronic Drug Delivery Systems market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Electronic Drug Delivery Systems market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Electronic Drug Delivery Systems market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Electronic Drug Delivery Systems market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Wearable Infusion Pumps
- Auto Injectors
- Injection Pens
- Inhalers
Application Outlook (Revenue, USD Billion; 2019–2032)
- Diabetes
- Cardiovascular Disease (CVD)
- Respiratory Disorders
- Multiple Sclerosis
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019–2032)
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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