Global Autoinjectors Market Trends And Strategies Of Major Players In The Autoinjectors Market 2021-2030
12 Aug, 2021
The autoinjectors market consists of sales of auto-injectors by entities (organizations, sole traders, and partnerships) that are designed to help people overcome their fear of using a needle-based medication delivery system on their own. An autoinjector is a device for injecting a single, preset dose of medication into one's own body. It generally consists of a spring-loaded syringe that is activated when the device is pressed firmly against the body.
Global Autoinjectors Market Size And Drivers:
The global autoinjectors market is expected to grow from $2.42 billion in 2020 to $2.94 billion in 2021 at a compound annual growth rate (CAGR) of 21.3%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The autoinjectors market is expected to reach $5.95 billion in 2025 at a CAGR of 19.3%. The increasing prevalence of chronic diseases is expected to fuel the growth of the autoinjectors market in the coming years.
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Trends In The Global Autoinjectors Market
The growing technological advancements are shaping the autoinjectors market. Major players operating in the autoinjectors sector are focused on developing technological solutions for autoinjectors to meet the demand for a viscous biologics delivery mechanism. For instance, in February 2021, Becton Dickinson (BD), a US-based medical device company is developing Intevia 2.25 mL based on thinner wall cannula technology. The Intevia 2.25 mL is a patient-centric device that works seamlessly with BD Neopak XtraFlow prefillable syringes and has an 8-millimeter needle with a thinner wall.
Global Autoinjectors Market Segments:
The global autoinjectors market is further segmented based on type, therapy, route of administration, distribution channel, end user and geography.
By Type: Disposable Autoinjectors, Reusable Autoinjectors
By Therapy: Rheumatoid Arthritis, Multiple Sclerosis, Diabetes, Anaphylaxis, Other Therapies
By Route Of Administration: Subcutaneous, Intramuscular
By Distribution Channel: Online Retailer, Pharmacy
By End User: Home Care Settings, Hospitals And Clinics, Others
By Geography: The global autoinjectors market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the autoinjectors market in 2020.
Read More On The Report For The Global Autoinjectors Market At:https://www.thebusinessresearchcompany.com/report/autoinjectors-global-market-report
Autoinjectors Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides autoinjectors market overviews, analyzes and forecasts market size and growth for the global autoinjectors market, autoinjectors market share, autoinjectors market players, autoinjectors market segments and geographies, autoinjectors market’s leading competitors’ revenues, profiles and market shares. The autoinjectors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches