Global Injectable Drug Delivery Devices Market Projected Growth
The Business Research Company’s Injectable Drug Delivery Devices Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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The Business Research Company's "Injectable Drug Delivery Devices Market Report 2022” forecasts the injectable drug delivery devices market to reach a value of $34.49 billion in 2021 to $38.03 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The injectable drug delivery devices market is expected to grow to $55.89 billion in 2026 at a compound annual growth rate CAGR of 10.1%.
The increasing preference for self-injection devices is driving the injectable drug delivery devices market.
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Injectable Drug Delivery Devices Market Trends1
The companies in injectable drug delivery devices are increasingly focusing on the manufacturing of auto-injectors. The auto-injectors are fully automated, highly customized, and reusable injectors that can be used by a patient to perform hundreds of injections. Patients can control the speed of dose delivery to help minimize pain or discomfort during injection. These devices can adjust the speed and depth of the automatic injection. For instance, LISA, a reusable auto-injector manufactured by Unilife corporation comes with an array of highly customizable features including Bluetooth LE connectivity, Wi-Fi or 3G connectivity, and pre-injection drug warming for target therapies. The injectable drug delivery technology market is expected to show significant growth in the coming years, due to various technological advancements and new product launches to improve the convenience and ease of administration of parenteral therapeutics.
Injectable Drug Delivery Devices Market Overview2
The injectable drug delivery devices market consists of sales of conventional syringes, needle-free injectors, auto-injectors, and pen injectors. These are used for various routes of drug administration, such as intravenous, subcutaneous, intradermal, intraperitoneal, and intramuscular, and others to treat medical conditions ranging from cancer to autoimmune disorders.
Learn more on the global injectable drug delivery devices market report at:
https://www.thebusinessresearchcompany.com/report/injectable-drug-delivery-devices-global-market-report
Injectable Drug Delivery Devices Global Market Report 2022 from TBRC covers the following information:
Market Segmentation
• By Type: Conventional Injectable, Pre-filled Syringes, Auto-injectors, Pen-injectors
• By Application: Autoimmune Diseases, Hormonal Disorders, Oncology, Orphan Diseases, Pain Management, Respiratory Therapy, Other Applications
• By End User: Hospitals And Clinics, Home Healthcare Settings, Pharmaceutical And Biotechnological Companies, Research Laboratories, Other End Users
• By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Major market players such as Becton, Dickinson and Company, Gerresheimer AG, Eli Lilly and Company, Pfizer Inc, Teva Pharmaceutical Industries Ltd, Schott AG, Baxter International, Owen Mumford, Mylan N.V.
Trends, opportunities, strategies and so much more.
Injectable Drug Delivery Devices Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides in-depth injectable drug delivery devices market research. The market report analyzes injectable drug delivery devices global market size, injectable drug delivery devices global market segments, injectable drug delivery devices global market growth drivers, injectable drug delivery devices market growth across geographies, and injectable drug delivery devices market competitors’ revenues and market positioning. The report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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