Wearable Injectors Market Analysis 2020-2028: Top Vendors Like Medtronic, Amgen, Ypsomed, Insulet Corporation

The global wearable injectors market size is expected to reach USD 15.66 Billion in 2028 at a CAGR of 11.2% over the forecast period, according to latest analysis by Emergen Research. Steady revenue growth of the market can be attributed to factors such as increasing prevalence of cardiovascular diseases and diabetes among the growing geriatric population in countries across the globe and need for more efficient drug administering devices and solutions that are easy to use and improve quality of life of patients.

The fear of needles, painful injections, and risk of needle stick injuries are other major factors driving increasing demand for wearable injectors among new insulin users. The ability to track and manage therapy and avoid over-dose, double injections, or missed injections are propelling adoption of wearable injectors. These devices also help in improving patient adherence and therapy outcomes. Moreover, lightweight feature, feature of prefilled glass cartridge, and high tolerant adhesive nature of wearable injectors are other factors boosting growth of the market.

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Emergen Research recently added a new comprehensive research report on the global Wearable Injectors Market with key details about market share, market size, market revenue growth, CAGR, and other vital statistical data for the forecast period of 2021-2028. The report is furnished with valuable insights gathered from extensive primary and secondary research and further validated from industry experts and professionals. The report segments the global Wearable Injectors Market based on type, application, end-use, and regions.

Major Highlights of the Wearable Injectors Market Report:

• The Wearable Injectors Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes the Wearable Injectors Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.

Wearable Injectors Market Overview:

The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past.

To know more about the Wearable Injectors Market report @ https://www.emergenresearch.com/industry-report/wearable-injectors-market

Some Key Highlights in the Report :

• In August 2019, Genentech of Roche entered into collaboration with Enable Injections, which is a developer and designer of wearable investigation testing, for ‘Combination Goods’ infusion devices. The partnership was created for multiple programs based on the en-Fuse platform of Enable.
• The spring-based segment accounted for largest revenue share in 2020 due to rising preference, driven by more ease of use as compared to conventional procedures.
• The on-body wearable injectors segment revenue is expected to expand at a rapid CAGR during the forecast period. Demand for on-body wearable injectors is relatively high currently, and this segment is expected to account for a significantly robust revenue growth during the forecast period. On-body wearable injectors enable patients to self-administer treatments at home, which is more comfortable and cost-effective.
• The immune-oncology segment accounted for largest revenue share among other application segments in the wearable injectors market in 2020, driven by increasing prevalence of cancer among the growing geriatric population and rising adoption of wearable injectors that are easy to use, more cost-effective, and less painful

Top Companies Profiled in the Report Include:

Medtronic, Amgen, Ypsomed, Insulet Corporation, West Pharmaceutical Services, Becton, Dickinson And Company, Enable Injections, United Therapeutics Corporation, F. Hoffmann-La Roche AG, and Johnson & Johnson.

Additionally, the report consists a detailed analysis of the segmentation of the Wearable Injectors Market based on product types and end-use/application offered in the Wearable Injectors Market

Technology Outlook (Revenue, USD Billion; 2021–2028)

Motor-driven

Expanding Battery

Spring-based

Rotary Pump

Others

Type Outlook (Revenue, USD Billion; 2021–2028)

Off-body

On-body

Application Outlook (Revenue, USD Billion; 2021–2028)

Cardiovascular Disease

Diabetes

Immuno-Oncology

Infectious Diseases

Others

End-use Outlook (Revenue, USD Billion; 2021–2028)

Clinics

Hospitals

Home Care Settings

Others

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Key Regional Markets Studied in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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