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Wearable Injectors Market Growth, Status, CAGR, Value, Share and 2020-2023 Future Prediction
2020 Research Report on Global Wearable Injectors Market is a professional and comprehensive report on the Wearable Injectors industry.#Download Free PDF Sample Brochure of report Global Wearable Injectors Market 2020 across with 104 Pages and in-depth TOC Analysis @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1729793
Key Players: Amgen (US), Medtronic (Ireland), Insulet Corporation (US), Tandem Diabetes Care (US), United Therapeutic Corporation (US), Valeritas (US), SteadyMed Therapeutics (US), Ypsomed (Switzerland), Becton,Dickinson and Company (US), Enable Injections (US), Sensile Medicals(Switzerland), and Bespak (UK).
"The wearable injectors market is projected to grow at a CAGR of 11.1% during the forecast period."
The global wearable injectors market is projected to reach USD 9.41 billion by 2023 from an estimated USD 5.57 billion in 2018, at a CAGR of 11.1% during the forecast period. The growing prevalence of targeted therapies, favorable reimbursement, and technological advancements in wearable injectors are expected to drive the growth of the wearable injectors market. However, the preference for alternative routes of drug delivery such as pens & auto injectors is expected to restrain the growth of this market to a certain extent.
"By type, the off-body injectors segment is expected to grow at the highest rate during the forecast period (2018-2023)."
Based on type, the market is segmented into on-body and off-body injectors. The off-body injectors segment is expected to register the highest CAGR during the forecast period. The drawbacks associated with on-body wearable injectors, such as painful removal, skin sensitivity issues and irritation, and adhesive fitting issues have resulted in the increased demand for off-body injectors.
"By therapy, the cardiovascular diseases segment is expected to witness the highest CAGR during the study period."
Based on therapy, the global wearable injectors market is segmented into immuno-oncology, diabetes, cardiovascular diseases, and other therapies (Parkinson's disease, thalassemia, and primary immunodeficiency disorders). The cardiovascular diseases segment is expected to witness the highest CAGR during the forecast period. The high growth of the segment can be primarily attributed to the high burden of CVDs across the globe coupled with the growing availability of wearable injectors for the treatment of CVDs.
"The North American wearable injectors market is expected to grow at the highest CAGR during the forecast period."
North America is expected to witness the highest growth from 2018 to 2023. This can be attributed to the rising prevalence of chronic diseases in the US and Canada; favorable reimbursement scenario; and increasing number of awareness programs in the US and Canada.
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In the end, the Global Wearable Injectors Market report's conclusion part notes the estimation of the industry veterans.
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