Wearable Injectors Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

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Report Code: ZMR-3146 | Report Format : | Status : Upcoming |

Abstract

Global Wearable Injectors Market: Overview

The wearable injectors can be termed as an advanced drug delivery device, which is worn on the human body to deliver the drugs in inaccurate amounts. The quantity of the drugs is administered thus there are no chances of low or high dosage. After use, the patient removes the device and it is thrown away. As the manufacturers have already preset the amounts thus the individuals do not require any training for using the wearable injectors.

Global Wearable Injectors Market: Growth Factors

Major factors that are contributing to the growth of the wearable injectors market are increasing the prevalence of the chronic diseases and the growing aging population. The increasing concerns regarding the needle stick injuries also act as an important aspect of the growth of the market. Furthermore, increasing preference for qualitative monitoring and the efforts in reducing the healthcare costs are also expected to support the growth of the market. The numbers of the patients being registered for diseases such as hypertension, cancer, neurological disorders, diabetes, and other age-related disorders are increasing at a significant rate, which will, in turn, increase the demand for the wearable injectors market. The wearable injectors offer increased safety for the healthcare professionals and patients by discarding the risks that are related to the injection and infusion technology such as needle insertion, covering, drug preparation, and others.

Increased healthcare cost and lack of awareness about advanced medical facilities may limit the growth of the wearable injectors market in the underdeveloped region.

Global Wearable Injectors Market: Segmentation

The global wearable injectors market is fragmented into its type, technology, application, and end-use. On the basis of type, the market is bifurcated into off-body and on-body. Based on the technology, the market is segregated into expanding battery, motor-driven, spring-based, rotary pump, and others. In terms of application, the wearable injectors market is categorized into autoimmune disease, diabetes, oncology, cardiovascular disease, and others. Based on the end-user, the market is classified into home care, hospital, clinic, and others.

Global Wearable Injectors Market: Regional Analysis

Majority of the wearable injectors market share is anticipated to be held by North America. The increasing incidences of lifestyle and chronic diseases and the availability of the advanced healthcare facilities are driving the growth of the market in this region. Furthermore, the presence of the major market players in the region also contributes to the growth of the market.

A substantial market share is also expected to be held by the European nations in the coming years owing to the growing medical device industry in the countries such as Germany, France, and the UK.

The Asia Pacific is projected to witness the highest growth in the coming years for the wearable injectors market. Factors that are influencing the growth of the market are the supportive initiatives by the government promoting the use of the medical devices such as wearable injectors, increased healthcare spending, and the growing geriatric population will drive the wearable injectors market.

Global Wearable Injectors Market: Competitive Players

Some of the most important market players in the wearable injectors market include Dickinson and Company, F. Hoffmann-La Roche Ltd., SteadyMed Therapeutics, Inc., Insulet Corporation, West Pharmaceutical Services, Inc., Becton, Johnson & Johnson Services, Inc., Unilife Corporation, Amgen, Inc., Enable Injections, and CeQur SA, among others.

Global Wearable Injectors Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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