Large Volume Wearable Injectors Market Grows At a Fast Pace, Due To Increased Need for Medications in Larger Quantities

The large volume wearable injectors market is segmented by Product Type (Electromechanical Wearable Injector, and Others) and Application (Diabetes, Cancer, and Others). A large portion of the market right now consists of the electronic type of devices. The growth of the market is driven by high prevalence of chronic diseases.

For instance, according to the study, “Global and regional diabetes prevalence estimates for 2019 and projections for 2030 and 2045: Results from the International Diabetes Federation Diabetes Atlas, 9th edition”, published in the journal Diabetes Research and Clinical Practice, in September 2019, 463 million people are expected to suffer from diabetes in 2019 worldwide and the number is expected to reach 578 million by 2030 and 700 million by 2045.

One of the largest manufacturers of large volume wearable injectors market is AstraZeneca. In June 2020, AstraZeneca led a workshop at Wearable Injectors and Connected Devices Conference 2020. The workshop focused on developing digital therapeutic solutions using connected devices. It means that with new technologies, more diseases can be addressed by the use of small, lightweight, disposable medical devices rather than large, heavy, stationary machines. It also means that patients will be able to get the maximum dose of their drugs without the worry of damaging or leaking their drugs into their bodies. It also means that there will be fewer errors in dosing, which will lead to less medication waste and potentially more efficient dosing. Also, with fewer errors comes less staff training costs, which can lead to cost reductions for companies as well.

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Large Volume Wearable Injectors Market by Type
Mechanical injectors, Electronical injectors, Others

Large Volume Wearable Injectors Market, By Application
Blood disorders treatment, Auto-immune treatment, Cancer treatment, Others

Top Players in Large Volume Wearable Injectors Market are
BD Medical, Sensile Medical, Unilife, West, Roche, SteadyMed, CeQur, ScPharmaceuticals, Enable Injections, J & J

Another manufacturer of wearable injectors is BD. In December 2020, BD (Becton, Dickinson and Company) announced publication of the results from a 52-subject human clinical trial with the BD Libertas Wearable Injector, a subcutaneous drug delivery system that was in final phases of development. The application, use, and removal of the injector were found to be acceptable. The company has recently become one of the fast growing large volume wearable injector’s market players.

The large volume wearable injectors market is growing at a fast pace, due to the increased need for medications in larger quantities. While this can make the cost of producing large numbers of these medical devices a challenge for some pharmaceutical companies, as well as having a practical impact on the production process, it represents a significant business opportunity for others in the medical field.

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