Electronic Drug Delivery Systems Market Revenue, Demand, Analysis, PEST, Region & Country Forecast

 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 report offers a complete analysis of the global Electronic Drug Delivery Systems market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.

 

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Key companies operating in the Electronic Drug Delivery Systems market include:

Bayer AG, Gerresheimer AG, Medtronic, Elcam Medical, Novo Nordisk A/S, Insulet Corporation, BD, Sanofi, Frederick Furness Publishing, and United Therapeutics Corporation

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Electronic Drug Delivery Systems market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Electronic Drug Delivery Systems Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Electronic Drug Delivery Systems Market Segmentation:

  • 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

 

Electronic Drug Delivery Systems Market Segmentation by Regions:

  • 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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