Wearable Injectors Market Poised to Grow at a CAGR of 13.4% by 2024

Wearable Injectors Market Poised to Grow at a CAGR of 13.4% by 2024


Infinium Global Research has added a new report on Wearable Injectors Market. The report presents analysis of global as well as regional markets of wearable injectors market over the period of 2016 to 2024. Wearable Injectors or patch pumps or patch injector are drug delivery devices, designed specifically for patients, for self-administration of large volume drugs. It used for the subcutaneous injection of insulin and other drugs delivery which infuses, 2-10ml of the drug, within 2-15 minutes. A large number of new biologic require high doses and viscous formulation that cannot be injected by using a syringe or another legacy system hence they delivered intravenously or novel drug delivery technology that is eco-friendly, Safe and cost-effective. Improved quality of life of patients’ with self-administered wearable injector used in the home environment. Wearable injector technology platform enables cost-effective, easy, reliable, comfortable and flexible drug delivery.

 

Wearable injectors are convenient and cost-effective self-administration platform for large and viscous doses.  High prevalence of chronic diseases, cardiovascular disease, blood disorders and infectious disease requires large and viscous doses which in turn, is driving the demand for the wearable injector market. Moreover, growing awareness related to the need stick injuries and rising in the population are also the factors, augmenting the market growth of the wearable injectors market. In addition, rising demand for warble injectors is the largest driver for the pharmaceutical and biotechnology market. Moreover, technological advancement such as sending alerts to patients like injection reminders to make self-injection safe, easy, comfortable and convenient for user. In addition, Patients can self-administer drugs subcutaneously in less time and homecare services are some supporting factors which drive the growth of the market. Going further, the necessity for the better patient care do not require patient training is anticipated to offer growth opportunities for the Wearable Injectors Market.

 


Among the regions, North America is projected to be the dominant region in the wearable injectors market. High prevalences and occurrences of chronic diseases and huge expenditure on the healthcare sectors and on-going innovations in the wearable injectors are some of the factors boosting the market in the North America region. The Asia Pacific region is estimated to be the fastest growing region as compared to other region owing to the rising geriatric population coupled with incidences of chronic diseases and increasing awareness about the medical device such as wearable injector. The countries such as China and India are boosting the wearable injectors market in the Asia Pacific region over the forecast period. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global wearable injectors market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global wearable injectors market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1778

 

The recent report identified that North America dominated the global wearable injectors market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the wearable injectors market worldwide.

 

The report segments the global wearable injectors market on the basis of Type, Application and End use Industry.

 

Global Wearable Injectors Market by Type 

·         Body Worn Pathch Injectors

·         Off Body Worn Pathch Injectors

 

Global Wearable Injectors Market by Application 

·         Oncology

·         Infectious Disease

·         Cardiovascular Disease

·         Autoimmune Disease

·         Diabetes

 

Global Wearable Injectors Market by End Use Industry

·         Retail Pharmacies

·         Online Pharmacies

·         Speciality Clinics

·         Hospitals

·         Clinics

·         Home Care Settings

·         Others

 

Companies Profiled in the Report

·         Becton

·          SteadyMed Therapeutics, Inc

·         Sensile Medical AG

·         Debiotech S.A.

·         CeQur SA.

·         West Pharmaceutical Services, Inc.

·         Ypsomed AG

·         Insulet Corporation

·         Tandem Diabetes Care, Inc.

·         F. Hoffmann-La Roche Ltd.

 

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