Injectable Drug Delivery Devices Market Value Chain, Future Analysis, Industry Growth by 2030
Market Synopsis:
Market Research Future (MRFR) has published a report stating that the global injectable drug delivery devices market size is marked to expand at a remarkable CAGR of 11.5% during the forecast period of 2022-2027 and reach the valuation of USD 31,900 Mn by the end of the forecast period. High prevalence of chronic diseases that require injectable drug delivery devices on a daily basis as part of the treatment procedures is one of the primary factors that are propelling the growth of the global injectable drug delivery devices market.
Introduction of technologically advanced devices for subcutaneous administration of drugs such as wearable injectors and increasing adoption of self-injectable devices by the individuals suffering from diabetes are also leading to the significant expansion of the global injectable drug delivery devices market. However, high cost of products and risk of cross-contamination caused due to improper use of injectable devices are restraining the growth of the global injectable drug delivery devices market during the review period.
Key Players:
The leading players profiled by MRFR that are operating in the global injectable drug delivery devices market are Eisai Co. Ltd., Antares Pharma, AstraZeneca, Eli Lilly and Company, F.Hoffmann-La Roche AG, Becton, Dickinson and Company, Johnson & Johnson Services Inc., Mylan N.V., Novartis AG, Novo Nordisk, Pfizer Inc., Sanofi, Teva Pharmaceutical Industries Ltd., and Inovio Pharmaceuticals Inc.
Market Segmentation:
The Global Injectable Drug Delivery Devices Market has been segmented on the basis of devices, therapeutic application, usage pattern, site of delivery, distribution channel, facility of use, and region. Based on devices, the injectable drug delivery devices market has been segmented into conventional injection devices and self-injection devices. The conventional
Market Synopsis:
Market Research Future (MRFR) has published a report stating that the global injectable drug delivery devices market size is marked to expand at a remarkable CAGR of 11.5% during the forecast period of 2022-2027 and reach the valuation of USD 31,900 Mn by the end of the forecast period. High prevalence of chronic diseases that require injectable drug delivery devices on a daily basis as part of the treatment procedures is one of the primary factors that are propelling the growth of the global injectable drug delivery devices market.
Introduction of technologically advanced devices for subcutaneous administration of drugs such as wearable injectors and increasing adoption of self-injectable devices by the individuals suffering from diabetes are also leading to the significant expansion of the global injectable drug delivery devices market. However, high cost of products and risk of cross-contamination caused due to improper use of injectable devices are restraining the growth of the global injectable drug delivery devices market during the review period.
Key Players:
The leading players profiled by MRFR that are operating in the global injectable drug delivery devices market are Eisai Co. Ltd., Antares Pharma, AstraZeneca, Eli Lilly and Company, F.Hoffmann-La Roche AG, Becton, Dickinson and Company, Johnson & Johnson Services Inc., Mylan N.V., Novartis AG, Novo Nordisk, Pfizer Inc., Sanofi, Teva Pharmaceutical Industries Ltd., and Inovio Pharmaceuticals Inc.
Market Segmentation:
The Global Injectable Drug Delivery Devices Market has been segmented on the basis of devices, therapeutic application, usage pattern, site of delivery, distribution channel, facility of use, and region. Based on devices, the injectable drug delivery devices market has been segmented into conventional injection devices and self-injection devices. The conventional
11:56 AM - Dec 13, 2023 (UTC)