Global Connected Drug Delivery Devices Market Size & Outlook

The connected drug delivery devices industry worldwide is expected to reach a projected revenue of US$ 25,630.9 million by 2030. A compound annual growth rate of 23.2% is expected of the worldwide connected drug delivery devices industry from 2023 to 2030.
Revenue, 2022 (US$M)
$4,840.1
Forecast, 2030 (US$M)
$25,630.9
CAGR, 2023 - 2030
23.2%
Report Coverage
Worldwide

Global connected drug delivery devices market highlights

  • The global connected drug delivery devices market generated a revenue of USD 4,840.1 million in 2022 and is expected to reach USD 25,630.9 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 23.2% by 2030.
  • In terms of segment, parenteral accounted for a revenue of USD 2,721.8 million in 2022.
  • Inhalational is the most lucrative route of administration segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 4,840.1 million
Market revenue in 2030USD 25,630.9 million
Growth rate23.2% (CAGR from 2022 to 2030)
Largest segmentParenteral
Fastest growing segmentInhalational
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInhalational, Parenteral

Other key industry trends

  • In terms of revenue, the North America accounted for 35.7% of the global connected drug delivery devices market in 2022.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 6,708.3 million by 2030.

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Connected Drug Delivery Devices Market Companies

Name Profile # Employees HQ Website

Global 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 56.23% in 2022. Horizon Databook has segmented the Global connected drug delivery devices market based on inhalational, parenteral covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Connected Drug Delivery Devices Route of Administration Outlook (Revenue, USD Million, 2018-2030)
    • Inhalational
    • Parenteral
  • Global Connected Drug Delivery Devices Product Outlook (Revenue, USD Million, 2018-2030)
    • Standalone Components & Software
    • Integrated Devices
  • Global Connected Drug Delivery Devices Application Outlook (Revenue, USD Million, 2018-2030)
    • Asthma
    • COPD
    • Diabetes Management
    • Other Applications

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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 global-level data and insights on the Global connected drug delivery devices market, including forecasts for subscribers. This global databook contains high-level insights into Global connected drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global connected drug delivery devices market size, by regions, 2018-2030 (US$M)

Top 10 countries: Connected drug delivery devices market size, 2022 (US$M)

Global connected drug delivery devices market share, by route of administration, 2022 & 2030 (%, US$M)

Connected drug delivery devices market: Opportunity assessment by country

Global connected drug delivery devices market, by region, 2022 (US$M)

Global connected drug delivery devices market size, by regions, 2018-2030 (US$M)

Route of Administr... 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 935.5 1,106.2 1,210.8 1,443.6 1,727.1 2,075.2 2,504.4 3,036.1 3,697.5 4,524.2 5,562.3 6,872.0 8,532.5 22.1%
Europe 779.5 931.2 1,030.0 1,240.9 1,500.3 1,821.9 2,222.4 2,723.2 3,352.5 4,146.9 5,154.6 6,438.9 8,084.0 23.4%
Asia Pacific 499.3 599.8 667.0 808.0 982.1 1,199.0 1,470.2 1,810.9 2,240.9 2,786.0 3,480.5 4,369.5 5,513.2 24.1%
Latin America 241.5 288.7 319.6 385.4 466.4 566.9 692.0 848.7 1,045.7 1,294.5 1,610.4 2,013.3 2,529.8 23.5%
MEA 80.9 98.0 109.8 134.0 164.1 201.8 249.1 309.0 384.9 481.7 605.7 765.2 971.4 24.9%
Overall 2,536.6 3,023.9 3,337.2 4,012.0 4,840.1 5,864.7 7,138.1 8,727.8 10,721.5 13,233.4 16,413.4 20,458.9 25,630.9 23.2%

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