Auto Injectors Market 2021: Industry Growth, Competitive Analysis, Future Prospects Forecast To 2027

Precision Business Insights published a research report on “Auto Injectors Market by Type (Fillable, Prefilled), by Technology (Automated, Manual), by Usability (Disposable, Reusable), by Application (Anaphylaxis, Rheumatoid Arthritis, Multiple Sclerosis, Others), by Distribution channel (Hospitals, Retail Pharmacies, Online Pharmacies, Others) and Geography - Global/Region/Country Forecast to 2027”

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Auto Injectors Market by Type (Fillable, Prefilled), by Technology (Automated, Manual), by Usability (Disposable, Reusable), by Application (Anaphylaxis, Rheumatoid Arthritis, Multiple Sclerosis, Others), by Distribution channel (Hospitals, Retail Pharmacies, Online Pharmacies, Others) and Geography - Global/Region/Country Forecast to 2027".

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Advances in autoinjector technology are allowing patients, particularly first-time users, to self-inject medicines with fewer errors and less anxiety. These devices minimize or eliminate needle connections, removing a significant barrier to adhere for some patients. After a single usage, needles are carefully extracted or generally assured, eliminating the risk of accidental needle sticks or the possibility of reusing needles. When used correctly, these prefilled devices ensure that the correct dose of medication is administered. Autoinjector technology has advanced tremendously over the years, and continued advancements are paving the way for an exciting new phase of devices that may be used for a variety of therapies. Auto-Injectors are simple to use and are designed for patients or other caretakers or personnel to administer themselves at home.

The worldwide auto-injectors market is primarily driven by the rising prevalence and occurrences of anaphylaxis and food allergies around the world. As per the American Academy of Allergy, Asthma, and Immunology (AAAAI), roughly 14 million people in the United States afflicted from food allergies in 2015, whereas 16 million people in Europe, including 3.4 million children, affected from food allergies in 2015. The global market for auto-injectors is growing in response to the rising occurrence of anaphylaxis. Moreover, during the forecast period, novel formulations and drug delivery systems, as well as innovation and advances in the biological drugs categories, are likely to push the global auto-injectors market. Other factors driving demand for auto-injectors in the global market include expanding self-medication practices, increasing costs for tailored drug delivery systems for the treatment of chronic diseases, and government approvals and marketing permits for auto-injectors. Furthermore, increased injector pricing, a lack of self-injection practices in emerging nations, and the availability of competitor goods are all factors limiting the worldwide auto-injectors market's expansion.

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In terms of Product Type, the market is fragmented into Reusable and Disposable. In terms of Disease Indication, the global market is categorized into Multiple Sclerosis, Rheumatoid Arthritis, Anaphylaxis and Diabetes. In terms of End Use, the global market is divided into Hospitals & Clinics and Homecare Settings.

In 2018, North America led the market, and this trend is likely to continue during the forecast period. This is due to developments in medical device technology, enhanced medical infrastructure, and increased demand for high-quality products. Owing to reasons such as the rising incidence of diabetes and anaphylaxis due to food allergies in countries such as China, India, Japan, Australia and Singapore, Asia Pacific is expected to develop at the quickest CAGR.
Competitive Analysis

There are several industry players working in the auto injectors market, which include Becton, Dickinson and Company (U.S), Sanofi (France), Pfizer, Inc. (U.S.), Mylan N.V. (U.S.), Novartis AG (Switzerland), Bayer AG (Switzerland) , Johnson and Johnson Services Inc., (Janssen Global Services) (U.S.), Antares Pharma, Inc. (U.S.), Amgen Inc. (U.S.) and Eli Lilly and Company (U.S) to name a few.

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