Wearable Injectors Market by Growing Technology Trends till 2027 | Ypsomed AG, Cequr SA, Debiotech S.A, E3D Elcam Drug Delivery Devices, Gerresheimer AG, Zealand Pharma A/S

Wearable injectors are drug delivery devices adhering to the body to deliver larger volumes of drugs subcutaneously. Several pharmaceutical and medical device companies have developed wearable injectors. The devices consist of a reservoir for medicine, a cannula for substance delivery to tissues, and a drive system to deliver the appropriate drug volume; it is loaded with adhesive to fix the device to the patients’ skin. The growth of the wearable injector market is attributed to the increasing chronic disease prevalence, technological advancements and design development, and conventional drug delivery system limitations, among others. However, the lack of adoption in emerging countries limits the market growth. Further, the increasing demand for biologics is a significant opportunity for the global wearable injectors market players.

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Amgen, Inc., Medtronic, BD, Insulet Corporation, Gerresheimer AG (Sensile Medical), West Pharmaceutical Services, Inc., Ypsomed AG, Tandem Diabetes Care, Inc., Cequr SA, Debiotech S.A, E3D Elcam Drug Delivery Devices, and Zealand Pharma A/S (Valeritas, Inc.) are among the prominent players in the wearable injectors market.

The market players are focused on mergers and acquisitions, product launches and other strategies to sustain their position in the market. For instance, in Jan 2020 Tandem Diabetes Care, Inc., launched its t:slim X2 insulin pump with Control-IQ technology commercially in the US market. The pump is enabled with the Control-IQ technology. It uses CGM values, in combination with other variables such as insulin on board, to predict sensor glucose levels 30 minutes in advance and regulates insulin delivery accordingly. The new product has helped the company to expand its business geographically.

Based on type, the wearable injectors market is segmented into on-body injectors and off-body injectors. In 2019, the on-body injectors segment accounted for a larger share of the global wearable injectors market. On-body injectors ensure comfort and ease of use, confer water resistance and flexible dosing features, and facilitate automatic warming of refrigerated drugs. These benefits have led to the rise in demand for on-body injectors. Moreover, the market for off-body injectors is expected to grow at a faster pace during the forecast period, and the projected growth is attributed to the fact that these devices are free of the risks of skin fitting issues and allergic skin reactions.

Factors such as the increasing chronic diseases prevalence, technological advancements and design development, and conventional drug delivery system limitations are among the major factors driving the wearable injectors market. However, the lack of adoption of wearable injectors in emerging countries impedes the market growth. Further, the increasing demand for biologics offers significant opportunities for the growth of the global wearable injector market players in the coming years.

Report Scope:

1. This report is a business analysis that examines market trends for Wearable Injectors. The report includes sections on the following topics
2. Current prevalence of Wearable Injectors, trend analysis and factors influencing future incidence.
3. Market analysis by treatment type, including annual incidence and trend analysis.
4. Risk factors and other drivers that may impact the future incidence of Wearable Injectors.
5. Review of the major market opportunities by identifying specific high-growth and emerging market opportunities.
6. Market share and information on key market players.
7. Analysis and forecast of the revenues for Wearable Injectors for the global market, major market subsegments subdivided by geographic region and further, by selected country.
8. Detailed review of the current products, their indications for all identified market segments.
9. Profile of the individual market subsegments within the major market segments analyzed and the distinguishing features of each of the market subsegments

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