Press release
Global Injectable Drug Market to Reach $225 Billion in 2020
(Amherst, NH) – The administration of therapeutic drugs via injection is an indispensable delivery method for numerous drugs critical to patient health and well-being. Now this segment is evolving in response to changing patient populations, new classes of powerful therapeutic drugs, and healthcare administration initiatives, developments that will drive the global injectable drug delivery sector to $225 billion by 2020.As new injectable drugs become available for the treatment of an expanding list of health conditions, drug developers have increasingly pursued packaging and delivery options that simplify the administration process and increase the efficiency and reliability with which the drug can be introduced into the patient. This pursuit has led to an accelerated evolution in injection device design, creating new opportunities and choices for drug marketers and prescribing clinicians.
Changes in the way drugs are designed and developed are most evident in injectable drug therapies for a host of chronic conditions. Because of the ongoing need for repeat dosing posed by these disease indications, they represent significant drug volume and revenue opportunities, while simultaneously challenging the industry to develop products that meet the unique needs of the non-professional user. For drugs designed to be administered by the patient, therapy-specific packaging is improving compliance and treatment outcomes. In the area of delivery, injection devices designed to accept prefilled syringes or drug cartridges are improving ease-of-use and increasing the alternative device share of the growing self-injection market.
A number of companies have embraced the use of visually customized injection devices as a way to build, reinforce and grow their brands in the face of competition from generics and biosimilars. For high cost-per-dose drugs – typically recombinant proteins - the investment in a customized prefilled disposable or cartridge-replaceable pen injector often makes good business sense for drug companies, providing the added benefit of visual product differentiation in the direct-to-consumer marketing era. While there is a certain amount of incremental risk associated with a pen injector strategy, these high-end devices support a level of advanced feature integration that is not currently economical with autoinjectors designed to be used with prefilled syringes.
A new and comprehensive report on global injection device products and markets conducted by Greystone Research Associates is now available. The report – Drug Injection Devices to 2020 – provides analysis and assessments of drug injection devices across all major device categories – syringes, pen injectors, autoinjectors, dual chamber syringes, needle-free injectors and safety syringes, as well as the emerging wearable injector segment – and examines injectable drugs and combination products and their therapeutic markets, while also assessing market factors and market participants.
More information is available at http://www.greystoneassociates.org
Source: Greystone Research Associates
About Greystone
Greystone Research Associates is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets.
Contact:
Mark Smith
Greystone Research Associates
98 Route 101A
Amherst, NH 03031 USA
Voice: 603-595-4340
Fax: 603-218-7020
www.greystoneassociates.org
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Injectable Drug Market to Reach $225 Billion in 2020 here
News-ID: 289692 • Views: …
More Releases from Greystone Research Associates
Seeking to Capitalize on New Device Technology Drug Companies are Reformulating …
(Amherst, NH) – As the pace of competition increases within the pharmaceutical and biotech industries, the concept of life cycle management is becoming a key component of drug product management. Much of the recent emphasis in this area has centered on efforts to extend patent rights protection. While reformulation has been and is an important approach, efforts to prolong IP benefits have only recently involved IV-to-SC drug re-engineering. This migration…
Antibacterial Treatments that don’t Rely on Antibiotics Winding their way thro …
(Amherst, NH) – As bacteria grow resistant to conventional antibiotics, alternatives are being investigated, including antibodies, probiotics, bacteriophages, and antimicrobial peptides. The quest to replace the current generation of antibiotics is complicated by the methods that bacteria have acquired to evade attempts to destroy them – methods often referred to a virulence factors.
A microorganism can possess a wide array of virulence factors. They may only express these virulence factors when…
3D Printing Positioned to Address Issues that have Prevented Wide Adoption of Mi …
(Amherst, NH) – The promise of commercial microneedle drug delivery has been on the horizon for more than a decade. Like other compelling medical device innovations such as noninvasive glucose monitoring, the potential of the technology has yet to be realized due to the inability to solve the issues of reliable product performance from unit to unit and across a wide user population.
To fully address the unmet need these technologies…
Analysis of the Oncology Drug Pipeline Reveals Evolving Therapy Correlations and …
(Amherst, NH) – The almost two thousand active oncology clinical trials paint a picture of an evolving therapeutic sector that has established players moving quickly to realize the expanded benefits of recent treatment protocols. A dozen targeted treatments, using novel pathways and signaling, have achieved results that represent a new era in oncology and antineoplastic therapeutics. There approaches have attracted a growing number of drug developers anxious to profit from…
More Releases for Amherst
Future Growth : Crop Nutrient Management Market Sees Promising Growth in 2022 SM …
Worldwide Market Reports has added a new research study on Global "Crop Nutrient Management Market" 2022 by Size, Growth, Trends, and dynamics, Forecast to 2028 which is a result of an extensive examination of the market patterns. This report covers a comprehensive investigation of the information that influences the market regarding fabricates, business providers, market players, and clients. The report provides data about the aspects which drive the expansion of…
A New Generation of Glucose Sensors is Creating Options for Caregivers and their …
(Amherst, NH) – The convergence of small-scale electronics and sophisticated biocompatible product designs is giving hope for a better future to millions of diabetes patients worldwide. New glucose sensors that can measure glucose levels accurately and reliably have the capability to improve glycemic control and patient wellbeing. By utilizing new technologies for sensing glucose, this new class of sensors is creating new options for caregivers and their diabetes patients. Signal…
New Aircraft Designs Creating Opportunities for High Performance Aerospace Coati …
(Amherst, NH) – As aerospace manufacturers and their engineering teams push the design envelope to create aircraft with better fuel efficiency and lower maintenance requirements, they are relying increasingly on engineered materials for a growing list of structural and non-structural elements and components. This trend is changing the way aircraft are developed, produced and maintained. It’s also presenting opportunities for specialty materials suppliers with products that can improve production…
Evolution in Markets for Radiation Curable Coatings Creating Risks and Opportuni …
(Amherst, NH) – Recent advances in materials and equipment are creating new demand for radiation curable coatings in a number of industrial applications. This new demand is occurring as several technology advances are being brought into the marketplace. By removing some of the key limitations of radcure coatings, these advances are enabling radcure coatings to meet unique application requirements, opening up a number of new opportunities.
Technical advances that are having…
Adhesive Films and Tapes Evolving to Address Demands of Emerging Applications
(Nashua, NH) – Recent advances in adhe¬sives technology are creating new opportunities for adhesive films and tapes in a number of industrial applications. These adhesive products are finding new structural bonding and join¬ing applications in the automo¬tive, aerospace, and electronics markets. Films and tapes with enhanced performance are reaching the market as several important developments are occurring which will spur new demand. These findings are contained in a new market…
Adros Energy Expands Clean Energy Business with Energy Audit Services and opens …
Adros Energy; a leading green energy company in New England, announced today that they are opening a new headquarters in Amherst, NH after a successful 1st year of operation in the renewable energy market. The company was founded in January of 2009 and has found success during the incubation period of the company. The infrastructure building of the company in 2009 includes:
• Revenue generation from its solar PV,…
