Smart Drug Delivery System Market
Smart Drug Delivery System Market Forecasts to 2028 - Global Analysis By Product (Connected Pen Injectors, Connected Inhalers, Connected Autoinjectors, Connected Wearable Injectors, Add-on Sensors and Others), By Therapeutic Area (Respiratory Disorders, Neurological Disorders, Hormonal Disorders, Metabolic Disorders and others), By End User (Hospitals, Home Care, Clinics and Others), By Drug Delivery Mode (Injectable, Oral and Inhalation) and Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $8.7 BN |
|
Projected Year Value (2028) |
US $22.5 BN |
|
CAGR (2022 - 2028) |
17.2% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Smart Drug Delivery System Market is accounted for $8.7 billion in 2022 and is expected to reach $22.5 billion by 2028 growing at a CAGR of 17.2% during the forecast period. Smart Drug Delivery Systems are devices that can perform multiple functions with the greatest degree of intelligence. Smart drug delivery devices help to reduce dosage, frequency of administration, and adverse drug effects. Smart drug delivery systems that are connected are more effective and self-manageable. The COVID-19 Pandemic is significantly increased the demand for such smart (contactless) devices, and thus, in the future, there will be a high demand for such systems.
According to a World Health Organization (WHO) fact sheet from 2017, Cardiovascular diseases are the leading cause of death, with 17.9 million deaths reported globally in 2016. The easy availability of advanced products, as well as increased awareness about them expected to drive the Smart drug delivery systems market forward.
Market Dynamics:
Driver:
Rising Prevalence of Chronic Diseases
Numerous new drug delivery systems are in high demand to improve drug efficacy for chronic diseases such as diabetes, cancer, atherosclerosis, myocardial ischemia, asthma, pulmonary tuberculosis, Parkinson's disease, and Alzheimer's disease. Non-long-acting drug delivery systems (LADDS) are used to treat chronic diseases. Non-long-acting drug delivery systems (LADDS) are used to treat chronic diseases. Drug molecules are delivered to target tissues via systemic circulation or localised injections. During the forecast period, such factors will propel the market's growth.
Restraint:
Stringent Regulations
Some of the key factors that regulatory bodies consider are safety, efficacy, pharmacological data, pharmacodynamic effects, and drug interactions. As a result, a drug that fails to meet these criteria is likely to receive a complete response letter (CRL) or face total rejection from regulatory agencies. After receiving a CRL, a drug applicant is required to provide additional data about the drug, which may necessitate additional clinical trials.
Opportunity:
Advanced research and development
Big and local producers can now create a wide range of products thanks to ongoing innovation in the market for drug delivery systems. Collaborations between top industry players for improved technical developments in drug delivery solutions. Major industrial companies constantly engage in research and development to expand their already wide range of product offerings. The global market for drug delivery systems is anticipated to grow as a result of the ongoing expansion of drug delivery systems with high throughput, reduced waiting time, and improved result specificity.
Threat:
Self Medications
As medical technology companies strive to make their products more patient-centric, self-medication solutions are becoming more popular around the world. A number of significant breakthroughs are expected to influence and revolutionise the field of advanced drug delivery in the near future. Poor patient compliance is a major issue in the pharmaceutical and healthcare industries as a whole. Noncompliance rates haven't changed much in the last 25 years, and they're likely to rise even more in the near future. As a result, industry participants are working on solutions that will allow medications to reach therapeutic levels without the need for repeated administration. Therefore, these factors may impact the market's growth in the near future.
Covid-19 Impact
Globally, significant R&D efforts are being made to combat COVID-19. Due to the pandemic, self-injection has grown in popularity, providing patients greater authority and control over their health and safety. Smart medication delivery system products make it possible to adjust injection speed, injection site pain, and treatment anxiety more effectively when receiving home healthcare.
The Connected Wearable Injectors segment is expected to be the largest during the forecast period
The Connected Wearable Injectors segment is estimated to have a lucrative growth and the trend is estimated to continue during the forecast timeline. Growing senior populace, increasing worries over needle stick injuries are expected to drive the segment's expansion. Besides, rise in chronic illnesses, and demand for constant health supervision are expected to add to the segment's growth.
The Hospitals segment is expected to have the highest CAGR during the forecast period
The Hospitals segment is anticipated to witness the fastest CAGR growth during the forecast period, as there are more pharmacies overall and more hospitals are utilising smart drug delivery systems. The healthcare industry had the largest market share in 2021. This can be attributed to hospitals using more smart medicine delivery systems, which are on the rise. The number of hospitals in the United States is expected to increase from 5,564 in 2017 to 6,093 by the year 2022, according to the American Hospital Association (AHA).
Region with highest share:
North America is anticipated to be the major contributor to the connected smart drug delivery systems market over the forecast years. The region is expected to maintain its leadership position during the projection years due to its high per capita healthcare spending, rapid adoption of the most recent technologies and gadgets, and increased awareness of the detrimental effects of non-compliance with drug therapy. The market in the U.S. and Canada is being driven by an increase in the adoption of novel and enhanced devices, early availability of advanced technologies, expansion in healthcare spending, presence of sophisticated healthcare infrastructure, and significant market participants.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the inclination for self-administration of medications, improvements in injectable drug delivery systems, the high rate of adoption of new medical technologies, and the prevalence of chronic illnesses are the main factors driving the North American drug delivery systems market.
Key players in the market
Some of the key players profiled in the Smart Drug Delivery System Market include Novo Nordisk A/S, E3D Elcam Drug Delivery Devices, Sonceboz, Phillips-Medisize, West Pharmaceutical Services Inc., Abbott Laboratories, Adherium Ltd, H&T Presspart Manufacturing Ltd, Becton, Dickinson and Company, Amiko Digital Health Limited, CeQur Corporation, BIOCORP, CeQur Corporation, Cognita Labs, HCmed Innovations Co., Ltd. and Medtronic plc.
Key Developments:
In March 2022, Novo Nordisk recently expanded its oral medication delivery research relationship with the Massachusetts Institute of Technology (MIT) and Brigham and Women's Hospital (BWH). The cooperation will now last through 2026, with the scope expanded to cover the development and integration of bioelectronics, biosensors, and stimuli-responsive delivery systems.
In April 2022, Pneuma Systems Corporation has developed a multifaceted business partnership with West Pharmaceutical Services, Inc. with the purpose of enhancing patients' medication therapy experiences. West will employ Pneuma's unique closed-loop fluid flow management platform to create medication delivery solutions for pharmaceutical corporations and clinical end customers.
In May 2021, the U.S. Food and Drug Administration approved The Bigfoot Unity Diabetes Management System, which incorporates smart pen caps for disposable insulin pens and injection devices the size of a marker that diabetics use to inject insulin. The system integrates with Abbott's FreeStyle Libre 2 technology. Abbott partnered with Bigfoot Biomedical to provide automated information that personalizes diabetes management.
In December 2021, BIOCORP signed a new agreement with H&T Presspart (a division of Heitkamp & Thumann Group in Germany). The agreement includes integration and commercialization of InspairTM, a smart sensor designed by BIOCORP that converts inhalers into connected devices to assist patients suffering from asthma or chronic obstructive pulmonary disease (COPD) in receiving their treatment.
Products Covered:
• Connected Pen Injectors
• Connected Inhalers
• Connected Autoinjectors
• Connected Wearable Injectors
• Add-on Sensors
• Other Products
Therapeutic Areas Covered:
• Respiratory Disorders
• Neurological Disorders
• Hormonal Disorders
• Metabolic Disorders
• Other Therapeutic Areas
Drug Delivery Modes Covered:
• Injectable
• Oral
• Inhalation
End Users Covered:
• Hospitals
• Home Care
• Clinics
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Smart Drug Delivery System Market, By Product
5.1 Introduction
5.2 Connected Pen Injectors
5.3 Connected Inhalers
5.4 Connected Autoinjectors
5.5 Connected Wearable Injectors
5.6 Add-on Sensors
5.7 Other Products
6 Global Smart Drug Delivery System Market, By Therapeutic Area
6.1 Introduction
6.2 Respiratory Disorders
6.3 Neurological Disorders
6.4 Hormonal Disorders
6.5 Metabolic Disorders
6.6 Other Therapeutic Areas
7 Global Smart Drug Delivery System Market, By Drug Delivery Mode
7.1 Introduction
7.2 Injectable
7.3 Oral
7.4 Inhalation
8 Global Smart Drug Delivery System Market, By End User
8.1 Introduction
8.2 Hospitals
8.3 Home Care
8.4 Clinics
8.5 Others End Users
9 Global Smart Drug Delivery System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Novo Nordisk A/S
11.2 E3D Elcam Drug Delivery Devices
11.3 Sonceboz
11.4 Phillips-Medisize
11.5 West Pharmaceutical Services Inc.
11.6 Abbott Laboratories
11.7 Adherium Ltd
11.8 H&T Presspart Manufacturing Ltd
11.9 Becton, Dickinson and Company
11.10 Amiko Digital Health Limited
11.11 CeQur Corporation
11.12 BIOCORP
11.13 CeQur Corporation
11.14 Cognita Labs
11.15 HCmed Innovations Co., Ltd.
11.16 Medtronic plc
List of Tables
1 Global Smart Drug Delivery System Market Outlook, By Region (2020-2028) ($MN)
2 Global Smart Drug Delivery System Market Outlook, By Product (2020-2028) ($MN)
3 Global Smart Drug Delivery System Market Outlook, By Connected Pen Injectors (2020-2028) ($MN)
4 Global Smart Drug Delivery System Market Outlook, By Connected Inhalers (2020-2028) ($MN)
5 Global Smart Drug Delivery System Market Outlook, By Connected Autoinjectors (2020-2028) ($MN)
6 Global Smart Drug Delivery System Market Outlook, By Connected Wearable Injectors (2020-2028) ($MN)
7 Global Smart Drug Delivery System Market Outlook, By Add-on Sensors (2020-2028) ($MN)
8 Global Smart Drug Delivery System Market Outlook, By Other Products (2020-2028) ($MN)
9 Global Smart Drug Delivery System Market Outlook, By Therapeutic Area (2020-2028) ($MN)
10 Global Smart Drug Delivery System Market Outlook, By Respiratory Disorders (2020-2028) ($MN)
11 Global Smart Drug Delivery System Market Outlook, By Neurological Disorders (2020-2028) ($MN)
12 Global Smart Drug Delivery System Market Outlook, By Hormonal Disorders (2020-2028) ($MN)
13 Global Smart Drug Delivery System Market Outlook, By Metabolic Disorders (2020-2028) ($MN)
14 Global Smart Drug Delivery System Market Outlook, By Other Therapeutic Areas (2020-2028) ($MN)
15 Global Smart Drug Delivery System Market Outlook, By Drug Delivery Mode (2020-2028) ($MN)
16 Global Smart Drug Delivery System Market Outlook, By Injectable (2020-2028) ($MN)
17 Global Smart Drug Delivery System Market Outlook, By Oral (2020-2028) ($MN)
18 Global Smart Drug Delivery System Market Outlook, By Inhalation (2020-2028) ($MN)
19 Global Smart Drug Delivery System Market Outlook, By End User (2020-2028) ($MN)
20 Global Smart Drug Delivery System Market Outlook, By Hospitals (2020-2028) ($MN)
21 Global Smart Drug Delivery System Market Outlook, By Home Care (2020-2028) ($MN)
22 Global Smart Drug Delivery System Market Outlook, By Clinics (2020-2028) ($MN)
23 Global Smart Drug Delivery System Market Outlook, By Others End Users (2020-2028) ($MN)
24 North America Smart Drug Delivery System Market Outlook, By Country (2020-2028) ($MN)
25 North America Smart Drug Delivery System Market Outlook, By Product (2020-2028) ($MN)
26 North America Smart Drug Delivery System Market Outlook, By Connected Pen Injectors (2020-2028) ($MN)
27 North America Smart Drug Delivery System Market Outlook, By Connected Inhalers (2020-2028) ($MN)
28 North America Smart Drug Delivery System Market Outlook, By Connected Autoinjectors (2020-2028) ($MN)
29 North America Smart Drug Delivery System Market Outlook, By Connected Wearable Injectors (2020-2028) ($MN)
30 North America Smart Drug Delivery System Market Outlook, By Add-on Sensors (2020-2028) ($MN)
31 North America Smart Drug Delivery System Market Outlook, By Other Products (2020-2028) ($MN)
32 North America Smart Drug Delivery System Market Outlook, By Therapeutic Area (2020-2028) ($MN)
33 North America Smart Drug Delivery System Market Outlook, By Respiratory Disorders (2020-2028) ($MN)
34 North America Smart Drug Delivery System Market Outlook, By Neurological Disorders (2020-2028) ($MN)
35 North America Smart Drug Delivery System Market Outlook, By Hormonal Disorders (2020-2028) ($MN)
36 North America Smart Drug Delivery System Market Outlook, By Metabolic Disorders (2020-2028) ($MN)
37 North America Smart Drug Delivery System Market Outlook, By Other Therapeutic Areas (2020-2028) ($MN)
38 North America Smart Drug Delivery System Market Outlook, By Drug Delivery Mode (2020-2028) ($MN)
39 North America Smart Drug Delivery System Market Outlook, By Injectable (2020-2028) ($MN)
40 North America Smart Drug Delivery System Market Outlook, By Oral (2020-2028) ($MN)
41 North America Smart Drug Delivery System Market Outlook, By Inhalation (2020-2028) ($MN)
42 North America Smart Drug Delivery System Market Outlook, By End User (2020-2028) ($MN)
43 North America Smart Drug Delivery System Market Outlook, By Hospitals (2020-2028) ($MN)
44 North America Smart Drug Delivery System Market Outlook, By Home Care (2020-2028) ($MN)
45 North America Smart Drug Delivery System Market Outlook, By Clinics (2020-2028) ($MN)
46 North America Smart Drug Delivery System Market Outlook, By Others End Users (2020-2028) ($MN)
47 Europe Smart Drug Delivery System Market Outlook, By Country (2020-2028) ($MN)
48 Europe Smart Drug Delivery System Market Outlook, By Product (2020-2028) ($MN)
49 Europe Smart Drug Delivery System Market Outlook, By Connected Pen Injectors (2020-2028) ($MN)
50 Europe Smart Drug Delivery System Market Outlook, By Connected Inhalers (2020-2028) ($MN)
51 Europe Smart Drug Delivery System Market Outlook, By Connected Autoinjectors (2020-2028) ($MN)
52 Europe Smart Drug Delivery System Market Outlook, By Connected Wearable Injectors (2020-2028) ($MN)
53 Europe Smart Drug Delivery System Market Outlook, By Add-on Sensors (2020-2028) ($MN)
54 Europe Smart Drug Delivery System Market Outlook, By Other Products (2020-2028) ($MN)
55 Europe Smart Drug Delivery System Market Outlook, By Therapeutic Area (2020-2028) ($MN)
56 Europe Smart Drug Delivery System Market Outlook, By Respiratory Disorders (2020-2028) ($MN)
57 Europe Smart Drug Delivery System Market Outlook, By Neurological Disorders (2020-2028) ($MN)
58 Europe Smart Drug Delivery System Market Outlook, By Hormonal Disorders (2020-2028) ($MN)
59 Europe Smart Drug Delivery System Market Outlook, By Metabolic Disorders (2020-2028) ($MN)
60 Europe Smart Drug Delivery System Market Outlook, By Other Therapeutic Areas (2020-2028) ($MN)
61 Europe Smart Drug Delivery System Market Outlook, By Drug Delivery Mode (2020-2028) ($MN)
62 Europe Smart Drug Delivery System Market Outlook, By Injectable (2020-2028) ($MN)
63 Europe Smart Drug Delivery System Market Outlook, By Oral (2020-2028) ($MN)
64 Europe Smart Drug Delivery System Market Outlook, By Inhalation (2020-2028) ($MN)
65 Europe Smart Drug Delivery System Market Outlook, By End User (2020-2028) ($MN)
66 Europe Smart Drug Delivery System Market Outlook, By Hospitals (2020-2028) ($MN)
67 Europe Smart Drug Delivery System Market Outlook, By Home Care (2020-2028) ($MN)
68 Europe Smart Drug Delivery System Market Outlook, By Clinics (2020-2028) ($MN)
69 Europe Smart Drug Delivery System Market Outlook, By Others End Users (2020-2028) ($MN)
70 Asia Pacific Smart Drug Delivery System Market Outlook, By Country (2020-2028) ($MN)
71 Asia Pacific Smart Drug Delivery System Market Outlook, By Product (2020-2028) ($MN)
72 Asia Pacific Smart Drug Delivery System Market Outlook, By Connected Pen Injectors (2020-2028) ($MN)
73 Asia Pacific Smart Drug Delivery System Market Outlook, By Connected Inhalers (2020-2028) ($MN)
74 Asia Pacific Smart Drug Delivery System Market Outlook, By Connected Autoinjectors (2020-2028) ($MN)
75 Asia Pacific Smart Drug Delivery System Market Outlook, By Connected Wearable Injectors (2020-2028) ($MN)
76 Asia Pacific Smart Drug Delivery System Market Outlook, By Add-on Sensors (2020-2028) ($MN)
77 Asia Pacific Smart Drug Delivery System Market Outlook, By Other Products (2020-2028) ($MN)
78 Asia Pacific Smart Drug Delivery System Market Outlook, By Therapeutic Area (2020-2028) ($MN)
79 Asia Pacific Smart Drug Delivery System Market Outlook, By Respiratory Disorders (2020-2028) ($MN)
80 Asia Pacific Smart Drug Delivery System Market Outlook, By Neurological Disorders (2020-2028) ($MN)
81 Asia Pacific Smart Drug Delivery System Market Outlook, By Hormonal Disorders (2020-2028) ($MN)
82 Asia Pacific Smart Drug Delivery System Market Outlook, By Metabolic Disorders (2020-2028) ($MN)
83 Asia Pacific Smart Drug Delivery System Market Outlook, By Other Therapeutic Areas (2020-2028) ($MN)
84 Asia Pacific Smart Drug Delivery System Market Outlook, By Drug Delivery Mode (2020-2028) ($MN)
85 Asia Pacific Smart Drug Delivery System Market Outlook, By Injectable (2020-2028) ($MN)
86 Asia Pacific Smart Drug Delivery System Market Outlook, By Oral (2020-2028) ($MN)
87 Asia Pacific Smart Drug Delivery System Market Outlook, By Inhalation (2020-2028) ($MN)
88 Asia Pacific Smart Drug Delivery System Market Outlook, By End User (2020-2028) ($MN)
89 Asia Pacific Smart Drug Delivery System Market Outlook, By Hospitals (2020-2028) ($MN)
90 Asia Pacific Smart Drug Delivery System Market Outlook, By Home Care (2020-2028) ($MN)
91 Asia Pacific Smart Drug Delivery System Market Outlook, By Clinics (2020-2028) ($MN)
92 Asia Pacific Smart Drug Delivery System Market Outlook, By Others End Users (2020-2028) ($MN)
93 South America Smart Drug Delivery System Market Outlook, By Country (2020-2028) ($MN)
94 South America Smart Drug Delivery System Market Outlook, By Product (2020-2028) ($MN)
95 South America Smart Drug Delivery System Market Outlook, By Connected Pen Injectors (2020-2028) ($MN)
96 South America Smart Drug Delivery System Market Outlook, By Connected Inhalers (2020-2028) ($MN)
97 South America Smart Drug Delivery System Market Outlook, By Connected Autoinjectors (2020-2028) ($MN)
98 South America Smart Drug Delivery System Market Outlook, By Connected Wearable Injectors (2020-2028) ($MN)
99 South America Smart Drug Delivery System Market Outlook, By Add-on Sensors (2020-2028) ($MN)
100 South America Smart Drug Delivery System Market Outlook, By Other Products (2020-2028) ($MN)
101 South America Smart Drug Delivery System Market Outlook, By Therapeutic Area (2020-2028) ($MN)
102 South America Smart Drug Delivery System Market Outlook, By Respiratory Disorders (2020-2028) ($MN)
103 South America Smart Drug Delivery System Market Outlook, By Neurological Disorders (2020-2028) ($MN)
104 South America Smart Drug Delivery System Market Outlook, By Hormonal Disorders (2020-2028) ($MN)
105 South America Smart Drug Delivery System Market Outlook, By Metabolic Disorders (2020-2028) ($MN)
106 South America Smart Drug Delivery System Market Outlook, By Other Therapeutic Areas (2020-2028) ($MN)
107 South America Smart Drug Delivery System Market Outlook, By Drug Delivery Mode (2020-2028) ($MN)
108 South America Smart Drug Delivery System Market Outlook, By Injectable (2020-2028) ($MN)
109 South America Smart Drug Delivery System Market Outlook, By Oral (2020-2028) ($MN)
110 South America Smart Drug Delivery System Market Outlook, By Inhalation (2020-2028) ($MN)
111 South America Smart Drug Delivery System Market Outlook, By End User (2020-2028) ($MN)
112 South America Smart Drug Delivery System Market Outlook, By Hospitals (2020-2028) ($MN)
113 South America Smart Drug Delivery System Market Outlook, By Home Care (2020-2028) ($MN)
114 South America Smart Drug Delivery System Market Outlook, By Clinics (2020-2028) ($MN)
115 South America Smart Drug Delivery System Market Outlook, By Others End Users (2020-2028) ($MN)
116 Middle East & Africa Smart Drug Delivery System Market Outlook, By Country (2020-2028) ($MN)
117 Middle East & Africa Smart Drug Delivery System Market Outlook, By Product (2020-2028) ($MN)
118 Middle East & Africa Smart Drug Delivery System Market Outlook, By Connected Pen Injectors (2020-2028) ($MN)
119 Middle East & Africa Smart Drug Delivery System Market Outlook, By Connected Inhalers (2020-2028) ($MN)
120 Middle East & Africa Smart Drug Delivery System Market Outlook, By Connected Autoinjectors (2020-2028) ($MN)
121 Middle East & Africa Smart Drug Delivery System Market Outlook, By Connected Wearable Injectors (2020-2028) ($MN)
122 Middle East & Africa Smart Drug Delivery System Market Outlook, By Add-on Sensors (2020-2028) ($MN)
123 Middle East & Africa Smart Drug Delivery System Market Outlook, By Other Products (2020-2028) ($MN)
124 Middle East & Africa Smart Drug Delivery System Market Outlook, By Therapeutic Area (2020-2028) ($MN)
125 Middle East & Africa Smart Drug Delivery System Market Outlook, By Respiratory Disorders (2020-2028) ($MN)
126 Middle East & Africa Smart Drug Delivery System Market Outlook, By Neurological Disorders (2020-2028) ($MN)
127 Middle East & Africa Smart Drug Delivery System Market Outlook, By Hormonal Disorders (2020-2028) ($MN)
128 Middle East & Africa Smart Drug Delivery System Market Outlook, By Metabolic Disorders (2020-2028) ($MN)
129 Middle East & Africa Smart Drug Delivery System Market Outlook, By Other Therapeutic Areas (2020-2028) ($MN)
130 Middle East & Africa Smart Drug Delivery System Market Outlook, By Drug Delivery Mode (2020-2028) ($MN)
131 Middle East & Africa Smart Drug Delivery System Market Outlook, By Injectable (2020-2028) ($MN)
132 Middle East & Africa Smart Drug Delivery System Market Outlook, By Oral (2020-2028) ($MN)
133 Middle East & Africa Smart Drug Delivery System Market Outlook, By Inhalation (2020-2028) ($MN)
134 Middle East & Africa Smart Drug Delivery System Market Outlook, By End User (2020-2028) ($MN)
135 Middle East & Africa Smart Drug Delivery System Market Outlook, By Hospitals (2020-2028) ($MN)
136 Middle East & Africa Smart Drug Delivery System Market Outlook, By Home Care (2020-2028) ($MN)
137 Middle East & Africa Smart Drug Delivery System Market Outlook, By Clinics (2020-2028) ($MN)
138 Middle East & Africa Smart Drug Delivery System Market Outlook, By Others End Users (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
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We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
