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Needle-Free Drug Delivery Systems Market Key Trends Analysis- Antares Pharma, Consort Medical, Crossject, Inovio Pharmaceuticals, Injex Pharma, Medical International Technology
Global Needle-Free Drug Delivery Device Market OverviewNeedle-free drug delivery device provides a solution to deliver drugs into the host body without piercing the skin. Major Needle-free technology available in the market includes pens, jet injector, and micro patches among others. The main aim of technology is to enhance self-administration drugs and medications such as insulin in the case of diabetic patients. Steady growth in popular with chronic diseases paired with sharps injuries associated with the needle act as a catalyst that fuels the growth of the needle-free drug delivery device market. The needle-free drug devices are found in disposable and reusable forms, which eliminates the risk of cross-contamination. These devices are suitable and safe for the delivery of drugs to some of the most sensitive parts of the body like cornea and other complicated human body parts. Some of the available needle-free drug delivery devices are Biojector, Jupiter jet, Vitajet-3, and Chemlock, among others.
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The market for needle-free drug delivery devices is expanding as it has the capability to make the administration medicines easier, safer and convenient. According to the surveys held in 2017, it was estimated that 91% of the patients were satisfied with the use of needle-free drug delivery techniques for drug delivery. Emerging economies are ready to invest capital in this rapidly growing technology. Usage of needleless devices for treatments is causing an impact society, specifically those who have suffered from trypanophobia. According to several organizations, 24% of parents and 63% of children suffer from the fear of needles. As a result, 7% of children globally do not get proper vaccinations when required. Needle-Free drug delivery devices would serve the purpose by providing quick treatment options at home, through self-administration injecting the medication required. The global needle-free drug delivery devices market generated revenue of US$ 7.3 billion in 2017 and is expected to be one of the fastest growing markets in the medical industry.
“Prefilled occupy the maximum share in the global market.”
Based product, the global needle-free drug-device market is segmented into a prefilled and fillable needle-free injectisystem. The prefilled inject system occupies the maximum share in the global market and is expected to remain dominant throughout the forecast period 2018-2025. However, the fillable inject system is expected to witness the highest CAGR growth during the same period.
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“Jet Injector is the most popular and leading device among the population.”
The market has further bifurcated the basis of technology into jet injectors, transdermal drug delivery systems, and inhaler technology. Jet Injector is the most popular and leading device among the populations it involves zero contamination individuals can use the product without medical professionals.
“Liquid injectidominates the market and is anticipated to show remarkable growth.”
Based on the inject method, global needle-free drug-device is classified into powder injections, liquid injections, and depot or projectile injection. These systems are designed to inject a drug into skin, tissues, and muscles using solid and liquid dosages accordingly. The liquid injectiholds the largest share and is anticipated to show a remarkable CAGR during the forecast period.
“Insulin Delivery occupies the lead share among other applications.”
The global needle-free drug-device industry is further segmented based on different applications such as Insulin delivery, vaccinations, pediatric injections, and pain management. Majority of the population this device for insulin delivery as the prevalence of diabetes is increasing in both developed and developing countries a brisk pace.
“Amongst the Source of Power, the gas-powered jet injector leads share in the global market.”
The market has also bifurcated the basis of source of power into spring load jet Injector systems, gas powdered jet injector and battery powdered jet injector system. Among these, the gas-powered jet injector dominated the market and is expected to maintain its consistency by 2025. However, the battery-powered jet injector system is expected to grow at a noticeable CAGR during the forecast period.
“North America holds the prominent share in Global Needle-Free Drug-Device Market.”
For a deep dive analysis of the industry, the global needle-free drug-device market is analyzed based geographies and regions such as North America, Europe, Asia-Pacific and the rest of the world. North America constituted the highest market share of the needle-free drug delivery device industry. However, Asia Pacific regions expected to be the leading market in the near future.
Competitive Landscape-Top 10 Market Players
Some of the major players operating in the global needle-free drug delivery device market are Antares Pharma, Consort Medical, Crossject, Inovio Pharmaceuticals, Injex Pharma, Medical International Technology, Valeritas, Zasona, 3M, and Pharmajet. Being a new technology, majority of the companies operating in the industry are spending money R&D to come up with innovative devices in the domain to cater to the increasing demand majorly from the developing region with regiwith the most prominent elderly population.
Reasons to buy:
The needle-free drug delivery device market study presents the current market size, trend, forecast until 2024. The analysis presented in the report is a combination deep dive secondary research and input from Key OpiniLeader of the industry
The report presents a quick review of overall industry performance at one glance
The report covers in-depth analysis of prominent industry peers with primary focus key business financials, product portfolio, expand strategies, and recent developments
Detailed examinatidrivers, restraints, key trends and opportunities prevailing in the industry.
Examination industry attractiveness with the help of Porter’s Five Forces analysis
The study comprehensively covers the market across different segments and sub-segments
Deep dive regional level analysis of the industry
CustomizatiOptions:
The Needle-Free Drug Delivery Device Market can be customized to the country level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.
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Table of content:
Market Introducti14
Research Methodology Or Assumpti16
Regulatory Framework In Date Fruit Industry 18
Executive Summary 22
Market Overview 25
Industry Performance 32
Demand And Supply Side Analysis 33
Export-Import Scenario 37
Value Chain Analysis & Processing Stage Of Date Fruit 48
Market Insights By Nature 56
Market Insights By Form 59
Market Insights By Type 63
Market Insights By Country 71
Competitive Scenario 96
Top Company Profiles 101
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