Australia Connected Drug Delivery Devices Market Size & Outlook
The connected drug delivery devices market in Australia is expected to reach a projected revenue of US$ 901.4 million by 2030. A compound annual growth rate of 23% is expected of Australia connected drug delivery devices market from 2023 to 2030.
Revenue, 2022 (US$M)
$172.4
Forecast, 2030 (US$M)
$901.4
CAGR, 2023 - 2030
23%
Report Coverage
Australia
Australia connected drug delivery devices market, 2018-2030 (US$M)
Related Markets
Australia connected drug delivery devices market highlights
- The Australia connected drug delivery devices market generated a revenue of USD 172.4 million in 2022 and is expected to reach USD 901.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 23% 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 172.4 million |
| Market revenue in 2030 | USD 901.4 million |
| Growth rate | 23% (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, Australia accounted for 3.6% 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 segmentation & scope
Connected Drug Delivery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 56.32% in 2022. Horizon Databook has segmented the Australia connected drug delivery devices market based on inhalational, parenteral covering the revenue growth of each sub-segment from 2018 to 2030.
- Australia Connected Drug Delivery Devices Route of Administration Outlook (Revenue, USD Million, 2018-2030)
- Inhalational
- Parenteral
- Australia Connected Drug Delivery Devices Product Outlook (Revenue, USD Million, 2018-2030)
- Standalone Components & Software
- Integrated Devices
- Australia 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 country-level data and insights on the Australia connected drug delivery devices market, including forecasts for subscribers. This country databook contains high-level insights into Australia connected drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia connected drug delivery devices market size, by route of administration, 2018-2030 (US$M)
Australia Connected Drug Delivery Devices Market Share, 2022 & 2030 (US$M)
Related regional statistics
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