Wearable Injectors Market Growth Analysis by Usage, Type, Growth, Outlook, Analysis and Technology - Forecast from 2018-2024 - BlueWeave Consulting

Global Wearable Injectors market report provides analysis for the period 2012–2024. The market study reveals that the Global Wearable Injectors market is projected to rise over a CAGR of 24.53% during 2018-2024 in terms of value. This growth is driven by rising usage of advance drug delivery devices at home. Rise in prevalence of chronic diseases among old age population is surging the demand for wearable injector’s products over the projected timeframe.

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Global Wearable Injectors Market: Scope of the Report
On the basis of the type of product, body-worn patch injector devices hold 46.92% market share of global wearable injectors market. Off-Body Worn Belt Injector and Bolus Injector type devices will grow with a CAGR of 5.78% and 42.36% in term of value, respectively. North America is leading the global wearable injectors market with a CAGR of 24.48%, in terms of value. Electronic injectors is likely to surpass USD 7,861.5 million by 2024 owing shift in usage of self-administrative injectable devices and availability at economic prices. Finally, the report covers the analysis of these segments across North America, Europe, Asia Pacific, Middle East & Africa and Latin America along with the qualitative analysis for market estimates that boosts the growth of the global wearable injectors market during the forecast period.

The report also highlights the competitive landscape of the Global Wearable Injectors market that includes the company overview, products & offerings, strategic decisions taken by the company, launch of new products, technology landscape, and financial highlights.

Global Wearable Injectors Market: Key Stakeholders

• Becton, Dickinson, and Company
• Medtronic plc
• Johnson & Johnson
• F. Hoffmann-La Roche Lt

Global Wearable Injectors Market: Key Findings of the Report

According to BlueWeave Consulting, the key findings of the report “Global Wearable Injectors Market Product, Technology, End-user, Application, Growth and Demand Forecast to 2024” are:

• The demand for Global Wearable Injectors market is expected to grow at a significant rate, during forecast period. Wearable Injectors is witnessing tremendous growth owing to increasing life expectancy and fall in birth rates increasing old age population. The elderly population requires extensive care, as they are prone to illness due to low immunity levels and high recovery time. The elderly people are more susceptible to chronic diseases, such as cancer, diabetes, neurological disorders and cardiovascular diseases, thus increasing the usage of wearable injectors across the globe.

• Body-worn patch injectors are the largest contributor, in terms of value, as compared to Off-body worn belt injectors. It is expected to rise with CAGR over 5.8% by value during the forecast period, 2012-2024.

• Global Wearable Injectors market for technology segment is estimated to rise with a CAGR over 20.69% during the period of 2018-2024 with electronic injectors being the highest revenue generator, with market share of 54.76%.

• North America is the fastest growing region in the Wearable Injectors market and is expected to propel with a CAGR over 24.48% by value during the forecast period, 2018-2024 with Japan being the fastest growing market having a CAGR over 21.9% and expected to reach revenue of around USD 1,170.4 million by the end of 2024.

Global Wearable Injectors Market: Competitive Dynamics

The Global Wearable Injectors market is dominated by a number of players, amongst them the major players are Becton, Dickinson and Company, Medtronic plc, Johnson & Johnson, nilife Corporation, CeQur SA, etc. Companies in this industry are following different strategies to strengthen their market position.

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