Autoinjectors Market Size – USD 45.89 Billion in 2020, Market Growth – at a CAGR of 17.7%, Market Trend –Technological advancements in medical devices

VANCOUVER, BC, CANADA, September 22, 2021 /EINPresswire.com/ -- The global autoinjectors market size is expected to reach USD 170.16 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Global autoinjectors market revenue growth is significantly driven by increasing preference for self-administration of drugs, rapid increase in global geriatric population, and major prevalence of anaphylaxis, rheumatoid arthritis, and diabetes. Autoinjector devices are designed to eliminate hesitation during self-administration of drugs while using needle-based delivery systems. Majority of devices are pen-shaped and equipped with a hypodermic needle. The drug is delivered by inserting the syringe at the required site of injection and pushing a button.

The latest market evaluation report on the Autoinjectors market explores how the Autoinjectors market will continue to expand for the forecast period 2021 - 2028. The study further serves as unique research for stakeholders, product owners, and field marketing executives looking for actionable data and unique resource on market size, share, and growth. The market intelligence report gives business evangelists an authority to review the major trends, opportunities, and challenges expected to shape the future of the industry during the estimated period

Autoinjector devices are commonly used to treat different conditions such as multiple sclerosis, anaphylaxis, diabetes, rheumatoid arthritis, and others. These devices offer multiple benefits over conventional processes and offer higher accuracy and efficacy, lower risk of needlestick injuries, consistent delivery of dosage, and others. Home care settings segment accounted for largest revenue share in the global market in 2020. This can be attributed to increasing adoption of home healthcare devices, rapidly increasing aging population globally, and major prevalence of diabetes.

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Some Key Findings From the Report:

In March 2020, SHL Medical acquired Weibel CDS. The acquisition helped SHL Medical to strengthen its ability to offer more advanced drug delivery systems based on human-centered functionality and designs.

Rheumatoid arthritis segment revenue is expected to register a 17.9% CAGR throughout the forecast period. Major prevalence of rheumatoid arthritis is a key factor driving revenue growth of this segment.

Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period. Increasing geriatric population, development of more modernized healthcare infrastructure, and major prevalence of diabetes are some key factors propelling revenue growth of the market in this region.

The extensive examination of the global business environment provides a detailed analysis of the key driving forces and challenges with the aim to give the stakeholders, business owners, and filed marketing executives a competitive advantage over others. The study further probes into prominent challenges, technology advancements, current trends and lucrative avenues often considered as the boosting elements for the Autoinjectors market

Leading Players Analyzed in the Report are:

Braun Melsungen AG, AbbVie Inc., Mylan, Eli Lilly and Company, Ypsomed, Amgen, Becton, Dickinson and Company, GlaxoSmithKline plc, Johnson & Johnson, and Antares Pharma.

Key manufacturers and vendors are profiled extensively, including their product portfolios, production capacity, gross margins, revenues, and costing. The report also includes SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis. The report also provides profiles of key competitive players and their strategies and operating procedures. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period.

The report also consists of an evaluation of key market trends, in-depth analysis of key segments and sub-market categorization on a regional and global scale.

For the purpose of this report, Emergen Research has segmented the global autoinjectors market based on therapy, type, route of administration, end-use, and region:

Therapy Outlook (Revenue, USD Billion; 2018–2028)

Rheumatoid Arthritis

Multiple Sclerosis

Anaphylaxis

Diabetes

Others

Type Outlook (Revenue, USD Billion; 2018–2028)

Disposable

Reusable

Route of Administration Outlook (Revenue, USD Billion; 2018-2028)

Subcutaneous

Intramuscular

End-Use Outlook (Revenue, USD Billion; 2018–2028)

Hospitals & Clinics

Ambulatory Surgical Centers

Home Care Settings

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The study further focuses on an in-depth analysis of the market growth in the key geographical regions of the world. The comprehensive study includes the following geographical regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The regions and their subsequent countries are analyzed for a detailed understanding of the market.

Regional Landscape:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key points covered in the report:

A detailed outlook of the market with essential data beneficial for business

Market segmentation based on product types, applications, and end-users. For further understanding, the key segments are further divided into sub-segments

Growth factors, driving and restraining factors, product trends, and technological advancements are extensively discussed

Latest product developments, incorporation of new techniques and profiles of major competitors

An 8-year forecast estimation detailing the growth and expansion scope of the Autoinjectors market

In-depth analysis of the historical years (2017-2018) and forecast period (2020-2027)

Market dynamics with information of players, challenges, restraints, threats, and opportunities

SWOT analysis and Porter’s Five Forces analysis of the top vendors

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Autoinjectors Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Autoinjectors Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Autoinjectors Market Segmentation & Impact Analysis

    4.1. Autoinjectors Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Autoinjectors Market indicators analysis

          4.2.2. Autoinjectors Market drivers analysis

                    4.2.2.1. Rapid urbanization and industrialization

                    4.2.2.2. Stringent government regulations regarding carbon emissions

                    4.2.2.3. Increasing prevalence of respiratory diseases

                    4.2.2.4. Rising need to enhance indoor air quality

          4.2.3. Autoinjectors Market restraints analysis

                    4.2.3.1. High cost associated with the maintenance of Autoinjectors products

                    4.2.3.2. Availability of renewable sources of energy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

    10.1. Autoinjectors Market Revenue Share By Manufacturers

    10.2. Mergers & Acquisitions

    10.3. Competitor’s Positioning

    10.4. Strategy Benchmarking

    10.5. Vendor Landscape

          10.5.1. Raw Material Suppliers

                    10.5.1.1. North America

                    10.5.1.2. Europe

                    10.5.1.3. Asia Pacific

                    10.5.1.4. Middle East & Africa

                    10.5.1.5. Latin America

          10.5.2. Distributors

                    10.5.2.1. North America

                    10.5.2.2. Europe

                    10.5.2.3. Asia Pacific

                    10.5.2.4. Middle East & Africa

                    10.5.2.5. Latin America

          10.5.3. Others

Continued….

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