Injectable Drug Delivery Market Disrupted Bi Auto Drug Injecting Devices

The injectable drug delivery market is expected to increase with a CAGR of 16.1% during the forecast period of 2019-2025. By 2025, the market has been evaluated to reach a remarkable size of $49.76 billion.

Hyderabad, India - July 22, 2019 /MarketersMedia/ —

The world is consuming sugar at an alarming rate; high consumption of packaged foods is one of the major reason, which in turn affecting the insulin level in common citizens. Diabetic patients are rising globally that increase the usage of insulin pens for injecting insulin inside the body; a major driver for the growth of global injectable drug delivery market, according to a market size intelligence report published by IndustryARC. According to the analyst of the report, the injectable drug delivery market is expected to increase with a CAGR of 16.1% during the forecast period of 2019-2025. By 2025, the market has been evaluated to reach a remarkable size of $49.76 billion.

The report is titled ‘Injectable Drug Delivery Market: By delivery devices (conventional, self-injection, auto-drug, pen injectors, others); By drug formulations (conventional, novel); By therapeutic areas (auto-immune, hormonal, oncology, others); By geography – Forecast (2019-2025).’ This report has been prepared meticulously by the healthcare analyst who has used statistical information in explaining how the market will experience growth in the upcoming years. The report also covers injectable drug delivery market Size by delivery devices and drug formulations, injectable drug delivery market share by top 5 companies and also the market share by start-ups during the forecast period.

View Full Table of Contents of Injectable Drug Delivery Market:

Injectable Drug Delivery Market: Regional Analysis
The global injectable drug delivery market is dominated by the hospitals, clinics, and patient population in North America with a regional share of 40%. The growth is due to consistent efforts from Centre for Disease Control and Prevention to increase medication frequency and delivery success pertaining to chronic illnesses such as heart diseases, cancer, strokes, and others. Another factor responsible for dominated regional share is the development of micro-needles, a solution for needle-phobic population. Some prominent institutes such as Columbia Technology Ventures, National Institute of Health, and NorthShore University Health System Research Institute have also contributed with their extensive research and development.

Injectable Drug Delivery Market: Recent Developments
• Self Injection Devices:
For ease of access, key market players have disrupted the market with self-injection devices. These devices can be used by patients on their own for injecting medication into their bodies. This helps in reducing the extra cost of healthcare services.

• Auto Drug Injecting Devices:
Auto injector is a new healthcare technology that is used to give a single fixed dose of drugs. These devices have been especially manufactured for the treatment of diseases such as multiple sclerosis and rheumatoid arthritis which require frequent injections.

• Pen Injectors:
This is another new technology in this market which is a multi-dose device in contrast to auto drug injecting devices. These have been prescribed by doctors around the world to the geriatric population for taking medication at home for chronic diseases.

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Injectable Drug Delivery Market: Competitive Landscape
This market has witnessed immense growth in the past decade due to research and development efforts by its key market players. These key companies are Alkermes, Inc., Antares Pharma, Inc., Baxter International, Inc., Becton, Dickinson And Company, Bespak Europe, Ltd., Crossject SA, Elcam Medical, Eli Lilly and Company, Gerresheimer AG, Haselmeier GmbH, Injex Pharma GmbH, Novo Nordisk A/S, Owen Mumford Ltd., Sanofi, Schott AG, SHL Group, Terumo Corporation, Unilife Corporation, Vetter Pharma-Fertigung GmbH, West Pharmaceutical Services Inc., YPSOMED Holding AG, and Zogenix Inc.

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About IndustryARC:
IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to to discuss more about our consulting services.

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Name: Venkat Reddy
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Organization: IndustryARC
Phone: (+1) 614-588-8538

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Source: MarketersMedia

Release ID: 88898742

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