Global Injectable Drug Delivery Devices Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

4 Oct, 2021

The injectable drug delivery devices market consists of sales of conventional syringes, needle-free injectors, auto injectors and pen injectors. The market includes the sales of the Injectable devices that have been extensively utilized for various routes of drug administration, such as intravenous, subcutaneous, intradermal, intra-peritoneal, and intra-muscular and others to treat medical conditions ranging from cancer to autoimmune disorders. The injectable drug delivery devices used in hospitals, clinics and home care settings are included in this market.

Global Injectable Drug Delivery Devices Market Size And Drivers:

The global injectable drug delivery devices market is expected to grow from $15.38 billion in 2020 to $17.13 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $25.79 billion in 2025 at a CAGR of 10.8%. The increasing preference for self-injection devices is driving the injectable drug delivery devices market. The advantages of self-injectable injections and increasing awareness of self-administration have increased the demand for self-injectable devices and will drive the injectable drug delivery devices market during the forecast period.

Request For A Sample For The Global Injectable Drug Delivery Devices Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2835&type=smp

Trends In The Global Injectable Drug Delivery Devices Market

The companies in the injectable drug delivery devices are increasingly focusing on the manufacturing of auto injectors. The auto injectors are fully automated, highly customized and reusable injectors that can be used by a patient to perform hundreds of injections. Patients can control the speed of dose delivery to help minimize pain or discomfort during an injection. These devices have the ability to adjust the speed and depth of the automatic injection. For instance, LISA, a reusable auto-injector manufactured by Unilife corporation comes with an array of highly customizable features including Bluetooth LE connectivity, Wi-Fi or 3G connectivity and pre-injection drug warming for target therapies. The injectable drug delivery technology market is expected to show significant growth in the coming years, due to various technological advancements and new product launches in order to improve the convenience and ease of administration of parenteral therapeutics.

Global Injectable Drug Delivery Devices Market Segments:
The global injectable drug delivery devices market is further segmented –
By Type: Conventional Injectable, Pre-filled Syringes, Auto-injectors, Pen-injectors
By Application: Autoimmune Diseases, Hormonal Disorders, Oncology, Orphan Diseases, Pain Management, Respiratory Therapy, Others
By End User: Hospitals And Clinics, Home Healthcare Settings, Pharmaceutical And Biotechnological Companies, Research Laboratories, Others
By Geography: The global injectable drug delivery devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global Injectable Drug Delivery Devices Market At:

https://www.thebusinessresearchcompany.com/report/injectable-drug-delivery-devices-global-market-report-2020-30-covid-19-impact-and-recovery

Injectable Drug Delivery Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides injectable drug delivery devices market overviews, analyzes and forecasts market size and growth for the global injectable drug delivery devices market, injectable drug delivery devices market share, injectable drug delivery devices market players, injectable drug delivery devices market segments and geographies, injectable drug delivery devices market’s leading competitors’ revenues, profiles and market shares. The injectable drug delivery devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.