Benzathine Penicillin G Market Overview, Global Analysis and Forecast to 2023
Wearable Injectors are advanced drug
delivery instruments that are used for convenient administration of viscous
drugs. These instruments are also widely regarded as bolus injectors or patch
pumps. They are used to administer insulin and other drugs that need large dose
volumes with an extended delivery period.
The Wearable Injectors Market Growth likely to ascend at a 15.2% CAGR
through the review period, as stated in the latest market research report by
MRFR. With an increasing prevalence of several chronic diseases and a rising
concern for injuries caused by needles are promoting the demand for 24-hour
monitoring devices. This rise in the demand is anticipated to propel growth in
the adoption of wearable injectors to a great extent. Further, rapid
technological advancements in the wearable injectors and mounting prevalence of
geriatric population across the globe are likely to fuel sizeable growth in the
global wearable injectors market in the forecast period.
There
are many factors that is fueling the growth of the wearable injectors market.
The different market trends and factors in this market according to an analysis
performed by Market Research Future (MRFR) include upsurge in diabetes and
cancer cases, use of cutting-edge technological products, rise in the incidence
of needlestick injuries, growing need for 24/7 monitoring, shift to injectables
that can be self-administered and prevalence of diseases that are
lifestyle-associated such as hypertension and diabetes. On the contrary, lack
of skilled labor is likely to hamper the wearable injectors market growth.
Key Players:
·
CeQur SA
·
Eli Lilly and Company
·
Valeritas
·
SteadyMed Therapeutics
·
YPSOMED
·
Becton
·
Dickinson
·
Amgen Inc.
·
Enable Injections
·
BioSpace
·
Sensile Medical AG.
Market Segmentation:
·
The Global Wearable Injectors Market is
studied for various segments carried out by type, usage, mechanism of action,
therapeutic area, end-user, and region.
·
Based on type, the wearable injectors market
is segmented into on-body wearable injectors, hand-held wearable injectors, and
off-body wearable injectors.
·
Based on usage, the wearable injectors market
is segmented into disposable and semi-disposable.
·
Based on the mechanism of action, the global
wearable injectors market is segmented into motor driven, spring based, rotary
pump, pressurized gas, expanding battery, and collapsible reservoir.
·
Based on the therapeutic area, the wearable
injectors market is segmented into infectious diseases, oncology,
cardiovascular diseases, diabetes, and autoimmune diseases.
·
By end-user, the global wearable injectors
market is segmented into hospitals & clinics, homecare, and ambulatory
surgery centers.
Detailed Regional Analysis:
Based on region, the wearable injectors market covers
growth opportunities and latest trends across North America, Europe, Asia
Pacific and Middle East and Africa. Of these, North America will dominate the
market due to advanced technologies for administering drugs to treat chronic
diseases such as diabetes and the existence of superior healthcare
infrastructure. Europe holds the second position owing to the developing
medical devices industry in the UK, Germany and France coupled with the
increasing opportunities for market players. In the APAC region, the wearable
injectors market is projected in being the fastest developing over the forecast
period due to good government initiatives taken for the medical device
industry. In the Middle East and Africa, the market is expected to have a
minimum share. The growth of the wearable injectors market in this region is
due to increasing R&D activities here.
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