Press release
Comprehensive Study of Intramuscular Injector Market by 2025: Significant Players Valeritas, Endo International & PharmaJetMedical
The global intramuscular injectors market is driven by growth in prevalence of chronic diseases that require medications through muscles, rise in demand for biosimilars and vaccination, and increased demand for drug delivery due to its advantages. However, high cost of prefilled injectors and stringent approval process forms restrain the market growth. Conversely, increase in the number of investors due to high demand for biologics development is anticipated to provide lucrative growth opportunities to the market.MARKET PLAYERS:
• European Pharma Group
• Valeritas Inc.
• Endo International Plc.
• Bioject Medical Technologies Inc.
• PharmaJetMedical International Technology Inc.
• National Medical Products Co. Ltd.
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The global intramuscular injectors market is segmented on the basis of product, site, and end user. On the basis of product, it is categorized into pre-fillable injection system and fillable needle-free injectors. Based on site, it is divided into dorsogluteal muscle or buttock, deltoid muscle or upper arm, ventrogluteal muscle or hip, and vastus lateralis muscle or thigh. On the basis of end user, it is classified into hospitals, clinics, ambulatory surgical centers, and others. Geographically, it is analyzed across America, Europe, Asia-Pacific, and LAMEA.
Prominent market players have focused on product launch as their key strategy to cater to the growing demand for drugs and vaccinations in the market. For instance, in December 2016, BD (Becton, Dickinson and Company) launched BD Neopak 2.25 mL prefillable glass syringe. In February 2017, PharmaJet Inc., launched PharmaJet Stratis Injector, which is used for administering influenza vaccination.
KEY BENEFITS OF INTRAMUSCULAR INJECTOR MARKET:
• An exhaustive analysis of the global market by type helps in understanding the types of injectors that are currently used along with the variants that are expected to gain prominence in the near future.
• In-depth analysis of the industry is provided in this report by constructing market estimations of key market segments from 2016 to 2023.
• Comprehensive analysis of factors that drive and restrict market growth is provided.
• The key market players and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
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