Global Wearable Injectors Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Wearable Injectors Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global wearable injectors market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global wearable injectors market report has been segmented on the type, application, and region.
Wearable injector delivers drug into the body that can't be administered using a standard handheld device.
Increasing prevalence of chronic diseases, such as diabetes and cardiovascular diseases globally is a major factor expected to drive growth of the global wearable injectors market over the forecast period. In addition, favorable reimbursement scenario, especially in developed countries is in turn expected to propel growth of the target market over the forecast period. Introduction of technological advancements products by manufacturers, with a view to gain competitive edge, is another factor expected to support growth of the target market over the forecast period.
However, availability and preference for alternative drug delivery modes is expected to hamper growth of the global wearable injectors market over the forecast period. In addition, unfavorable reimbursement scenario, especially in developing countries is another factor expected to limit growth of the global wearable injectors market over the forecast period.
Companies operating the target market can focus on partnerships and collaborations, in order to developed advanced products which in turn creates lucrative growth opportunities.
On the basis of application, the target market is segmented based on oncology, diabetes, cardiovascular diseases, and other therapies. Increasing incidence of cancer globally, is major factor expected to drive growth of the oncology segment over the forecast period.
Market in North America accounted for significant revenue share of the global wearable injectors market in terms of revenue contribution as compared to that of markets in other regions, in 2017. Presence of well-developed healthcare infrastructure, coupled with presence of key players are factors expected to boost growth of the market in the region over the forecast period.
Europe accounts for second-highest revenue share contribution to the global market, registering a share of XX.X%, followed by markets in the Asia Pacific, Latin America, and the Middle East & Africa respectively.
In addition, the market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years. Increasing prevalence of chronic diseases, especially in countries such as India and China, is major factor expected to support growth of market in the region over the forecast period. Increasing healthcare expenditure and growing adoption of advanced drug delivery systems are another major factors expected to boost growth of the market in the region over the forecast period.
The markets in Latin America and Middle East & Africa are expected to register moderate growth rate in the global wearable injectors market over the forecast period.
Global Wearable Injectors Market Segmentation:
Segmentation on the basis of type:
- On-body injectors
- Off-body injectors
Segmentation on the basis of application:
- Cardiovascular Diseases
- Other Therapies (Parkinson’s disease, Thalassemia etc.)
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Amgen Inc.
- Medtronic PLC
- Insulet Corporation
- Ypsomed Holding AG
- Becton, Dickinson and Company
- Tandem Diabetes Care, Inc.
- West Pharmaceutical Services, Inc.
- Valeritas, Inc.
- Enable Injections, LLC
- Steadymed Therapeutics, Inc.
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