India Connected Drug Delivery Devices Market Size & Outlook
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India connected drug delivery devices market highlights
- The India connected drug delivery devices market generated a revenue of USD 140.2 million in 2022 and is expected to reach USD 865.0 million by 2030.
- The India market is expected to grow at a CAGR of 25.5% from 2023 to 2030.
- In terms of segment, parenteral was the largest revenue generating route of administration in 2022.
- Inhalational is the most lucrative route of administration segment registering the fastest growth during the forecast period.
Connected drug delivery devices market data book summary
| Market revenue in 2022 | USD 140.2 million |
| Market revenue in 2030 | USD 865.0 million |
| Growth rate | 25.5% (CAGR from 2022 to 2030) |
| Largest segment | Parenteral |
| Fastest growing segment | Inhalational |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inhalational, Parenteral |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, Novo Nordisk A/S ADR, Medtronic PLC, Adherium Ltd, Tandem Diabetes Care Inc, Propeller Health, Ypsomed Holding AG, AptarGroup Inc |
Other key industry trends
- In terms of revenue, India accounted for 2.9% of the global connected drug delivery devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan connected drug delivery devices market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 865.0 million by 2030.
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Connected Drug Delivery Devices Market Scope
Connected Drug Delivery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Propeller Health | View profile | 51-100 | Madison, Wisconsin, United States, North America | http://www.propellerhealth.com |
| Adherium Ltd | View profile | - | 333 Collins Street, Level 14, Melbourne, VIC, Australia, 3000 | https://www.adherium.com |
| Ypsomed Holding AG | View profile | 2400 | Brunnmattstrasse 6, Burgdorf, Switzerland, 3401 | https://www.ypsomed.com |
| Novo Nordisk A/S ADR | View profile | 66015 | Novo Alle 1, Bagsvaerd, Denmark, 2880 | https://www.novonordisk.com |
| Tandem Diabetes Care Inc | View profile | 2400 | 12400 High Bluff Drive, San Diego, CA, United States, 92130 | https://www.tandemdiabetes.com |
| AptarGroup Inc | View profile | 13800 | 265 Exchange Drive, Suite 301, Crystal Lake, IL, United States, 60014 | https://www.aptar.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Teva Pharmaceutical Industries Ltd | View profile | 37851 | 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 | https://www.tevapharm.com |
India connected drug delivery devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to connected drug delivery devices market will help companies and investors design strategic landscapes.
Parenteral was the largest segment with a revenue share of 56.21% in 2022. Horizon Databook has segmented the India connected drug delivery devices market based on inhalational, parenteral covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of connected drug delivery devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India connected drug delivery devices market, including forecasts for subscribers. This country databook contains high-level insights into India connected drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India connected drug delivery devices market size, by route of administration, 2018-2030 (US$M)
India Connected Drug Delivery Devices Market Share, 2022 & 2030 (US$M)
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