Autoinjectors Market Demand, Growth, Trend, Business Opportunities, Manufacturers and Research Methodology by 2028
According to the most recent report by Emergen Research, the size of the worldwide autoinjectors market is anticipated to reach USD 170.16 billion in 2028 at a consistent CAGR. The rapid rise in the world’s senior population, the rising demand for self-administration of medications, and the considerable prevalence of anaphylaxis, rheumatoid arthritis, and diabetes are all contributing factors to the worldwide autoinjectors market’s revenue growth. When using needle-based delivery systems for pharmaceuticals, autoinjector devices are intended to remove any hesitancy. The majority of gadgets have a hypodermic needle and are pen-shaped. Pushing a button after inserting the syringe at the designated injection site releases the medication.
Disposable and reusable autoinjectors are the two primary types of autoinjectors. By hiding the needle from the patient’s view, disposable autoinjectors are intended to displace conventional pre-filled syringes and remove psychological hurdles. The many treatments include those for rheumatoid arthritis, multiple sclerosis, diabetes, anaphylaxis, and other conditions. They can be given intramuscularly or subcutaneously. These are used in a variety of verticals, including home care settings, hospitals, and clinics, among others, and are sold to customers through an online shop and pharmacy.
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Some Key Findings From the Report:
- SHL Medical strengthened its capacity to provide more sophisticated drug delivery systems based on human-centered functionality and designs with the acquisition of Weibel CDS in March 2020.
- Revenue from the rheumatoid arthritis segment is anticipated to grow at a 17.9% CAGR over the projection period. A significant contributor to this segment’s revenue growth is the high prevalence of rheumatoid arthritis.
- Over the course of the projected period, Asia Pacific is anticipated to have the quickest revenue CAGR. Increasing geriatric populations, the emergence of more advanced healthcare infrastructure, and the significant prevalence of diabetes are some of the important drivers of the market’s revenue growth in this area.
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For the purpose of this report, Emergen Research has segmented the global autoinjectors market based on therapy, type, route of administration, end-use, and region:
Therapy Outlook (Revenue, USD Billion; 2018–2028)
- Rheumatoid Arthritis
- Multiple Sclerosis
Type Outlook (Revenue, USD Billion; 2018–2028)
Route of Administration Outlook (Revenue, USD Billion; 2018-2028)
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Home Care Settings
Regional Outlook (Revenue: USD Billion; 2018–2028)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend’s existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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