Press release
Self-Administered Medication Market Analysis Highlights Key Drivers, Market Participants (Abbott Laboratories, Purdue Pharma LP, Sanofi S.A., Pfizer, Inc., Mylan N.V., Novartis AG, Amgen Inc) and growth Trends Delivering at a CAGR of 8.5% through 2026
Fact.MR
Growing prevalence of chronic diseases has led to surge in the number of disabilities and cause of death. As prevalence of these diseases require frequent treatments, self-administration of the medications remains a cheaper alternative. Increasing demand for self-treatment and healthcare management has led the manufacturers in the pharmaceutical industry to focus on developing medications and vaccinations that can be used for treatment at home.
Request For Free Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=328
Chronic Diseases to Impact Market Growth
Prevalence of chronic diseases such as arthritis, asthma, inflammation and gastrointestinal diseases is expected to impact growth of the global self-administered drugs market. As treatment of these diseases include vaccinations regularly, frequent visits to the hospital can be an expensive option. Moreover, growing need for treatment in the emergency conditions such as asthma and bronchitis has led to increasing demand for quick treatment options. Immediate treatment of chronic disorders is expected to rev up demand for nasal sprays, eye drops, ear drops and tablets that provide quick relief to the patients. Bound to such factors, the global self-administered medication market is expected to witness significant growth during the forecast period.
Collaborations to Underscore Growth Lucrative Opportunities
Recent trend witnessed show that the manufacturers in the pharmaceutical industry are increasingly collaborating with the delivery device companies in order to underscore lucrative opportunities. For instance, Takeda has recently collaborated with Portal Instruments in order to develop a needle-free drug delivery device for delivering biologic medicines. The Portal devices delivers biologic drugs through pressurized liquid instead of through the needles. As manufacturers are increasingly focusing on developing improved drug delivery devices, the global self-administered medication market is expected to witness significant growth.
On the other hand, various factors are expected to impact growth of the global self-administered drugs negatively. Risks of making errors during the dosage administration practices is expected to impact growth of the global market adversely. Moreover, lack of awareness regarding various drug administration devices is further expected to impact growth of the global self-administered medication market negatively. In addition, improper designing or directions to use the drug delivery devices could pose significant challenges in the global self-administered medication market. Bound to these factors, the global self-administered medication market is expected to witness inhibiting growth during the forecast period.
Factors Fuelling Global Market Growth
Growth of the global self-administered medication market is mainly bound by various macro-economic and micro-economic factors. Increasing prevalence of various chronic disorders has led to an upsurge in demand for treatments and medications. Frequent visits for medications and treatment purposes can be an expensive option for the patients. Manufacturers are increasingly focusing on offering drug delivery devices and medications that can enable convenient administration. With the help of drug delivery devices, patients can access treatment and medication at their home.
Self-administered medication is also a comparatively cheaper option for quick treatment. As various chronic diseases need immediate treatments and medication, self-administered medication is projected to witness significant adoption. With the increasing prevalence of various chronic disorder such as diabetes, asthma, gastrointestinal diseases, arthritis and inflammation, the global market of self-administered medications is projected to increase. Medications of these chronic diseases are required to be taken daily for effective treatment. In addition, growing prevalence of diabetes has led to surge in demand for vaccination. As vaccinations need to be taken daily, visiting the hospitals could be an expensive option. Manufacturers are increasingly offering insulin devices for convenient and timely intake of medications for diabetes. Such factors have led to surge in demand for self-administered drugs and devices. Bound to these factors, demand for self-administered medications is projected to increase globally.
View Full Report with Table of Content @ https://www.factmr.com/report/328/self-administered-medication-market
Table of Content:
Chapter 1 Global Outlook
Chapter 2 Global Self-Administered Drugs Market - Executive Summary
Chapter 3 Global Self-Administered Drugs Market Overview
3.1 Introduction
3.1.1 Global Self-Administered Drugs Market Taxonomy
3.1.2 Global Self-Administered Drugs Market Definition
3.2 Global Self-Administered Drugs Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1 Global Self-Administered Drugs Market Y-o-Y Growth
3.3 Global Self-Administered Drugs Market Dynamics
3.4 Supply Chain
3.5 Cost Structure
3.6 Pricing Analysis
3.7 PESTLE Analysis
3.8 Product Life Cycle Analysis
3.9 Epidemiology
3.10 Key Regulations
3.11 Patents
3.12 List of Distributors
3.13 Key Participants Market Presence (Intensity Map) By Region
Chapter 4 Global Self-Administered Drugs Market Analysis and Forecast 2012-2026
4.1 Global Self-Administered Drugs Market Size and Forecast By Product Type, 2012-2026
4.1.1 Insulin Pens Market Size and Forecast, 2012-2026
4.1.1.1 Revenue (US$ Mn) Comparison, By Region
4.1.1.2 Market Share Comparison, By Region
Continued………..
Increasing collaborations among the manufacturers in the pharmaceutical industry with the drug delivery equipment company is further projected to impact growth of the global market. For instance, Portal Instruments and Takeda has entered into collaboration recently, to offer improved solutions for drug delivery. The companies are concentrating on developing drug delivery device that is needle-free and delivers biologic medications through the pressurized liquid. Such factors are projected to create lucrative opportunities for growth of the global market.
However, several factors are projected to inhibit the global market growth of self-administered medication. Increasing risks of making mistakes while administration practices of drugs. Limited awareness regarding the prevalence of various chronic diseases and self-administration procedures is also projected to impact the global market growth of self-administered medication negatively. Moreover, misguiding directions and improper designing of the drug delivery equipment can create significant challenges for growth of the global market. Such factors are likely to restraint growth of the global market of self-administered medication.
Competition Tracking
Leading market players operating in the global self-administered drugs market include Abbott Laboratories, Purdue Pharma LP, Sanofi S.A., Pfizer, Inc., Mylan N.V., Novartis AG, Amgen Inc. and others.
Buy This Report @ https://www.factmr.com/checkout/328/S
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market Insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Self-Administered Medication Market Analysis Highlights Key Drivers, Market Participants (Abbott Laboratories, Purdue Pharma LP, Sanofi S.A., Pfizer, Inc., Mylan N.V., Novartis AG, Amgen Inc) and growth Trends Delivering at a CAGR of 8.5% through 2026 here
News-ID: 1272458 • Views: …
More Releases from Fact.MR
Agricultural Film Market is forecasted to reach US$ 21 billion with 5.9% CAGR by …
Fact.MR, a market research and competitive intelligence service, states that historically, the use of Agricultural Films grew at a 3.5% CAGR from 2016 to 2020, with the United States, China, India, and Japan holding a sizable portion of the global market. by 2021, the greenhouse film industry is expected to have grown to a valuation of over US$ 10 billion, largely due to price increases in agricultural films.
For More Insights…
Medical Equipment Rental Market is projected to expand at a CAGR of 5.5% to reac …
The latest industry analysis from Fact.MR, a company that offers competitive intelligence and market research, projects that the global Medical Equipment Rental Market will grow at a 5.5% CAGR and reach US$ 98 billion in size by the end of 2033.
The industry that deals with the short-term rental or lease of medical equipment to healthcare facilities, organizations, and individuals is known as the "medical equipment rental market." The goal of…
Craft Beer Market is forecasted to reach a value of US$ 174.68 Billion by 2032
The worldwide craft beer market was expected to be worth $76.3 billion in 2020 and $81.64 billion in 2021. The market will grow at a steady CAGR of 6.9% between 2022 and 2032. By the end of 2032, this market is predicted to have a global valuation of US$174.68 billion.
The surge in demand for more beer styles coupled with increase in per capita income among the target customers has triggered…
Window Blinds Market Forecasted to Achieve US$ 4.69 Billion by 2034
The global window blinds market is expected to reach $2.99 billion in 2024, growing at a 5.8% CAGR to $4.69 billion by the end of 2034.
Window blinds are adjustable window coverings made of slats or vanes, allowing for versatile control over light and privacy. They come in various materials, including wood, metal, or plastic, and can be easily adjusted to regulate sunlight and maintain privacy. Unlike heavy curtains, blinds are…
More Releases for Drugs
Global Antithrombotic Drugs Market | Global Antithrombotic Drugs Industry | Glob …
Antithrombotic drugs are special drugs that help to prevent the formation of thrombus or clot. These drugs are used to reduce the formation of blood clots by reducing the capability of body to form a blood clot. Antithrombotic drugs act by preventing the production of vitamin K in the liver. Anticoagulant, antiplatelet, and thrombolytic agents are different types of antithrombotic agents that act by different clotting processes. Arterial & venous…
Global HIV Drugs Market | Global HIV Drugs Industry | Global HIV Drugs Market Re …
Human immunodeficiency Virus (HIV) could be a chronic and severe sickness which might be transferred from one person to a different through blood-to-blood and sexual contact. it's a deadly disease that attacks immune cells called CD-4 cells, creating body vulnerable to infections and alternative diseases. Over the years, the rising prevalence of HIV sickness worldwide has completely influenced the demand for HIV medicine. HIV medicine facilitate in preventing the multiplication…
Hepatitis Drugs Market by Therapeutics, Diagnostics, Patient, Drugs Policy
The global hepatitis drugs market is growing due to increasing incidences of hepatitis and increasing support from government organizations. In addition, the growing geriatric population, and increasing R&D investments on hepatitis research and drug discovery are also driving the growth of the global hepatitis drugs market.
Access Detailed Report Summary: https://www.psmarketresearch.com/market-analysis/hepatitis-drugs-market
Among the various types, the hepatitis C segment is expected to be the largest segment, and expected to witness the fastest…
Epilepsy Drugs Market by Country, Drugs, Company & Forecast
For More Information:
https://renub-research.blogspot.com/2019/04/the-factors-that-are-driving-global.html
Epilepsy is a chronic disease in which patient’s brain activities become abnormal due to seizures. Seizure is an unexpected rush of electrical activity in the brain. Seizure is categorized by two types - generalized seizures and focal or partial seizures. Generalized seizures affect the whole brain whereas focal or partial seizures affect just one part of the brain. Global epilepsy drugs market is expected to cross US$…
Prospect of Global Excipients Market Research Report 2017 with Application inclu …
ResearchMoz added Latest Research Report titled " Global Excipients Market Research Report 2017 " to it's Large Report database.
In this report, the global Excipients market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD),…
Drugs research: Misuse by shareholders of the drugs industry
A new textbook illustrates the complex and multi-faceted dimensions of evidence building in European drugs research. On one level, the authors have identified practical and philosophical challenges regarding knowledge production including, for example, measurements of the drugs problem; researching the online world; and interpreting on-site drug tests.
On another level, the authors have highlighted challenges regarding knowledge production such as the misuse of evidence by knowledge brokers and policymakers.…
