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Needle-Free Injection Systems Market Supply Chain Trends Mapping the Latest Technological Advancements

07-30-2018 12:04 AM CET | Health & Medicine

Press release from: P&S Market Research

Needle-Free Injection Systems Market Supply Chain Trends

The global needle-free injection systems market will experience extensive growth in the coming years due to the rising demand for self-injection devices and emerging biological therapies. The vendors of these systems offer fillable and prefilled needle-free injectors in the market, of which prefilled needle-free injectors constitute the larger share. The increasing demand for low-cost self-injection devices by patients and healthcare providers and rising focus on compliance with needle safety regulations to avoid needlestick injuries are some of the factors that have led to an increase in the use of prefilled needle-free injectors.

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Different technologies such as jet-based, spring-based, laser-powered, and vibration-based are used in needle-free injectors to ensure smoother drug delivery process. Among these technologically advanced needle-free injection systems, jet-based needle-free injectors held the largest share in 2016, due to their advantages over other injectors. The needle-free injection systems market can further be classified according to their type as liquid-based needle-free injectors, projectile/depot-based needle-free injectors, and powder-based needle-free injectors. With rising prevalence of diabetes, the market for liquid-based needle-free injectors is expected to generate the largest revenue during the forecast period.

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The key end-user in the needle-free injection systems market are hospitals and clinics, home care settings, and others including research laboratories, and pharmaceutical and biotechnology companies. Hospitals and clinics are expected to register the largest share during the forecast period, with home care settings projected to grow at the fastest rate because of increasing demand for self-injection devices and growing aging population.
Most of the biologics, such as monoclonal antibodies, anticoagulants, and vaccines, are large molecules that need to be administered parenterally to achieve the desired therapeutic effects. The demand for injectable biologic therapies is increasing, since many peptides break down quickly in the stomach, no longer remaining useful for the treatment. Also, various biologic drugs and vaccines are required to be injected directly into the bloodstream. Additionally, the introduction of biosimilars is expected to increase the use of injectables for self-administration; hence, emerging biologic therapies are expected to fuel the growth of the needle-free injection systems market.

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However, high cost of technologically advanced needle-free injection systems and stringent regulations associated with such devices are hampering the growth of the needle-free injection systems industry. Also, self-administered drug delivery devices demand adequate knowledge on their proper and correct usage to avoid cases of needlestick injuries. Because of the lack of knowledge on their usage, adherence to needle-free injection systems is less in developing countries as compared to developed countries like the U.S. and Europe.

Some of the key players in the needle-free injection systems industry include Endo International PLC, Antares Pharma Inc., Medical International Technology Inc., PharmaJet, Bioject Medical Technologies Inc., National Medical Products Inc., INJEX Pharma AG, Valeritas Holdings Inc., Crossject SA, PenJet Corporation, and European Pharma Group.

With respect to strategic developments, various new product launches and approvals have been taken in the needle-free injection systems market.
In March 2017, PharmaJet announced its partnership with Serum Institute of India to commercialize needle-free delivery of the measles, mumps, and rubella (MMR) vaccine using the Stratis 0.5 mL needle-free injection system.

About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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