Press release
Wearable Injectors Market Research Report by Leading Key Players – Becton, Dickinson and Company, Medtronic, Johnson & Johnson, Roche, Insulet Corporation, Unilife Corporation, Enable Injections, SteadyMed, Ypsomed Group, West Pharmaceutical Services
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In terms of technology, the wearable injectors market is segmented into electronic injector, mechanical injector and others. The other injectors include hydrogel and hydraulic wearable injector. The electronic wearable injector was the largest contributor to the global wearable injectors industry, owing to the increasing therapy compliance for automated mechanism and ease of its use. The electronic wearable injector contributed 54.3% to the worldwide market in 2016.
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Geographically, North America has been the largest market for wearable injectors, where the U.S. has been the largest contributor to the regional market during 2013 - 2015. The North American wearable injectors market is growing significantly due to increasing demand for self-injection system and rising prevalence of chronic and lifestyle-associated diseases. According to the CDC, approximately 117 million people in the U.S., i.e. about half of its adult population, experienced one or more chronic health conditions in 2012. Japan has been the major market in Asia-Pacific; whereas in Europe, Germany has been the highest revenue generator in 2015.
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The wearable injectors market reported a consolidated structure in 2015, where the top three competitors accounted for the major share.
Some of the key players in the market includes Becton, Dickinson and Company, Medtronic plc, Johnson & Johnson, F. Hoffmann-La Roche Ltd., Insulet Corporation, Unilife Corporation, Enable Injections, SteadyMed Ltd., Ypsomed Group, West Pharmaceutical Services, Inc.
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