Injectable Drug Delivery Market 2017 Global Market Key Players – Amgen, Medtronic Plc, Dexcom, West Pharmaceutical Services, and Consort Medical

Global Injectable Drug Delivery Market Overview:

Drug administration refers to the approaches, technologies and systems used to administer medications to patients. Injectable administration of drugs refers to the administration of the drug when a needle or similar device penetrates the skin. The administration can be intravenous, subcutaneous or intramuscular depending on the region of administration of the drug.

The injectable drug administration products can be classified according to their type as autoinjectors, needleless injectors and autoinjectors. Injectable drug injectors include portable injectors, small and convenient.  Injectors have a fine needle, which helps reduce pain, and are generally used when a medication must be administered continuously, for example in the case of continuous administration and maintenance. These devices adhere to the skin or to a belt. The types of injectable drugs without needles are devices that allow the administration of medicines without the use of needles, but that have an administration similar to that of a syringe. These injectable drug delivery devices can be prefilled or refilled. While self-injecting drug injections are automatic mechanical syringes, which may include volume selection.

Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-injectable-drug-delivery-market-trends-competitive-dynamics-and-key-growth-opportunities-20/1808981223Global Injectable Drug Delivery Market Drivers and Restraints:

Increased competition in emerging regions and the growing demand for injectable drugs are some of the key factors that are likely to drive the growth in injectable drug delivery market during the forecast period. For example, pharmaceutical companies that have developed in Asia-Pacific countries, such as China, are trying to compete with Mylan for EpiPen. Similarly, patients with conditions such as dementia and rheumatoid arthritis have difficulty using conventional injections. Injectable injectors and injectors are easy to use and help reduce pain, which is critical to increasing the demand for injectable drug delivery devices. It is expected that the global market for the administration of injectable drugs will be driven by the increasing prevalence of chronic diseases such as diabetes and cancer.

According to the WHO, cancer is the leading cause of death in the world. In 2015, cancer was responsible for almost 8.8 million deaths worldwide. According to the National Cancer Institute, approximately 1,735,350 new cases of cancer are expected to be diagnosed in the United States in 2018. In addition, most injectable drug delivery devices find wide application in the treatment of diabetes. As diabetic patients are prescribed with insulin, they need a regular injection of insulin. However, the risk of needle stick injuries is a growing concern. Therefore, portable insulin pumps and other injectable drug delivery devices are becoming the preferred option for diabetic patients as they have thin needles, reducing the risk of injury.

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Geographic Segmentation:

Geographically, the global market can be partitioned into various regions like North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is the largest contributor to the Injectable Drug Delivery market followed by Europe. A portion of the significant players in the world marketplace are Amgen, Medtronic Plc, Dexcom, West Pharmaceutical Services, and Consort Medical (Bespak), among others. The key players manufacturing needle-free type of injectable drug delivery are Crossject, Endo International Plc, and Penjet Corporation, among others.

Scope of the report:

The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.

The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

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