Global Connected Drug Delivery Devices Market to Reach $13.9 Billion by 2030
The global market for Connected Drug Delivery Devices estimated at US$1.3 Billion in the year 2023, is expected to reach US$13.9 Billion by 2030, growing at a CAGR of 40.5% over the period 2023-2030. Connected Drug Delivery Devices, one of the segments analyzed in the report, is expected to record 34.7% CAGR and reach US$6.6 Billion by the end of the analysis period. Growth in the Integrated Connected Devices segment is estimated at 48.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $429.3 Million, While China is Forecast to Grow at 37.9% CAGR
The Connected Drug Delivery Devices market in the U.S. is estimated at US$429.3 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 37.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 35.2% and 33.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 26.9% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook