MedCity News May 10, 2019
The time is ripe for wide adoption of wearable drug delivery devices as more patients seek home care in a lower-cost setting and because these devices are able to deliver complex, highly viscose drugs currently being developed.
Home care is one of the fastest growing industries in the healthcare market, expected to exceed $240 billion globally by 2024. This is due to a number factors, primarily: the high rates of hospital-acquired infection; the growing realization that – particularly for elderly and chronic patients – rehabilitation is quicker and more effective in the comfort of one’s own home; and the significant cost savings associated with home care over hospital treatments. Above all, the growing trend towards self-administration is resulting in increasingly...
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