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 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 2022USD 172.4 million
Market revenue in 2030USD 901.4 million
Growth rate23% (CAGR from 2022 to 2030)
Largest segmentParenteral
Fastest growing segmentInhalational
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInhalational, Parenteral
Key market players worldwideTeva 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 Companies

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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.


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Target buyers of Australia connected drug delivery devices market databook

  • 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.

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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)

Australia connected drug delivery devices market size, by route of administration, 2018-2030 (US$M)

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