Needle Free Injection Market Overview
The global needle-free injection market size is expected to touch USD 25,057.4 million by 2023 owing to high prevalence of diabetes and chronic diseases. Market Research Future’s (MRFR) latest study reveals that the market is predicted a 15.28 % CAGR during the forecast period (2018–2023). Needle free injections are medical devices that deliver drugs directly via the skin instead of using hypodermic needles as a medium. High demand for needle free injectors in home healthcare in North America and Europe is expected to augur market growth. In addition, rising investments in biopharmaceuticals are expected to provide the market a much-needed impetus.
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Leading Manufacturers
PenJet Corporation, European Pharma Group, Endo Pharmaceuticals Inc., PharmaJet, Inc., National Medical Products Inc., INJEX Pharma GmBH, Valeritas Holdings, Inc., CROSSJECT, Antares Pharma Inc., MIKA MEDICAL CO., Inovio Pharmaceuticals Inc., Medical International Technology, Inc., and D’Antonio Consultants International, Inc. Investments in research and development and launch of new products are strategies employed by these players to acquire a larger market share.
Regional Outlook
The needle free injection market, on the basis of region, is segmented into the Americas, Europe, Asia Pacific (APAC), and the Middle East and Africa (MEA). The Americas are expected to dominate the global market owing to prevalence of chronic diseases and demand for self-administrative devices. Technological breakthroughs in pharmaceutical and biotechnology sectors, investments by industry participants, and high awareness among patients are factors anticipated to fuel market growth over the forecast period.
Europe is expected to register a significant growth rate over the forecast period due to the presence of well-established healthcare infrastructure and huge patient pool.
Table of Content
4.1 Introduction
4.2 Drivers
4.2.1 Increasing Prevalence Of Chronic Conditions Such As Diabetes Is Estimated To Increase The Demand For Needle-Free Injectors
4.2.2 Capacity Of Needle-Free Injectors To Support Homecare
4.2.3 Growing Biopharmaceuticals Industry
4.2.4 Increasing Investments In The Market
4.2.5 Drivers Impact Analysis
4.3 Restraints
4.3.1 Risks Of Cross Contamination
4.3.2 High Cost
4.3.3 Restraints Impact Analysis
4.4 Opportunity
4.4.1 Increasing Campaigns Of Vaccination In Developing Economies Of The Asia Pacific Region
4.5 Macroeconomic Indicators
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 R&D & Designing
5.1.2 Manufacturing
5.1.3 Distribution & Sales
5.1.4 Post-Sales Review
5.2 Porter’s Five Forces Model
5.2.1 Bargaining Power Of Suppliers
5.2.2 Bargaining Power Of Buyers
5.2.3 Threat Of New Entrants
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Rivalry
5.3 Investment Opportunities
5.4 Pricing Analysis
Continued…
List of Tables
TABLE 1 GLOBAL NEEDLE FREE INJECTION MARKET BY, PRODUCT 2015-2023 (USD MILLION)
TABLE 2 GLOBAL NEEDLE FREE INJECTION MARKET FOR FILLABLE NEEDLE-FREE INJECTORS 2015-2023 (USD MILLION)
TABLE 3 GLOBAL NEEDLE FREE INJECTION MARKET FOR PREFILLED NEEDLE-FREE INJECTORS 2015-2023 (USD MILLION)
TABLE 4 GLOBAL NEEDLE FREE INJECTION MARKET BY, TECHNOLOGY 2015-2023 (USD MILLION)
TABLE 5 GLOBAL NEEDLE FREE INJECTION MARKET FOR JET-BASED 2015-2023 (USD MILLION)
Continued…
List of Figures
FIGURE 1 MARKET STRUCTURE
FIGURE 2 RESEARCH PROCESS
FIGURE 3 DROC ANALYSIS OF GLOBAL NEEDLE FREE INJECTION MARKET
FIGURE 4 DRIVERS IMPACT ANALYSIS: GLOBAL NEEDLE FREE INJECTION MARKET
FIGURE 5 RESTRAINTS IMPACT ANALYSIS: NEEDLE FREE INJECTION MARKET
Continued…
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Intended Audience
- Government Research Institutes
- Research and Development (R&D) Companies
- Medical Devices Companies
- Academic Institutes and Universities
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