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Wearable Injectors Market is primarily driven by the rising prevalence of chronic diseases

02-08-2023 02:21 AM CET | Health & Medicine

Press release from: Persistence Market Research

Wearable Injectors Market

Wearable Injectors Market

The global revenue from the Wearable Injectors Market stands at US$ 6.5 Billion in 2022, with the global market expected to grow at a CAGR of 10.2% to reach a valuation of approximately US$ 19.4 Billion by the end of 2033.

Wearable Injectors Market Overview:
Wearable injectors are medical devices that enable the administration of drugs, vaccines, or other medical substances directly into the body. These devices are designed to be worn on the body, typically as a patch or wearable pump, for a specified period of time, and are used for various medical conditions such as diabetes, multiple sclerosis, and cancer.

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Wearable Injectors Market Players:
Some of the key players in the wearable injectors market include Johnson & Johnson, Roche, Medtronic, Insulet Corporation, and Tandem Diabetes Care, among others. These players are focusing on partnerships and collaborations, product launches, and acquisitions to expand their market presence.

Key Players:
• Medtronic PLC
• Enable Injections LLC
• Becton, Dickinson and Company
• Insulet Corporation
• Valeritas,Inc
• Dexcom, Inc.
• Ypsomed Group
• West Pharmaceutical Services, Inc.
• Bespak
• Amgen Inc.

Market Growth:
The Wearable Injectors Market is growing rapidly due to the increasing demand for self-administered and portable medical devices, as well as the growing incidence of chronic diseases. In addition, advancements in wearable technology and increasing investments in research and development are driving the growth of the market.

Market Segments:
The Wearable Injectors Market is segmented based on product type, application, and end-user. Based on product type, the market is segmented into wearable pumps, wearable patches, and wearable pens. Based on application, the market is segmented into diabetes, multiple sclerosis, cancer, and others. Based on end-user, the market is segmented into hospitals, clinics, and home care settings.

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Geographical Presence:
Geographically, the Wearable Injectors Market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America holds a significant share of the market due to the high adoption of wearable medical devices and the presence of major market players in the region.

Conclusion:
The Wearable Injectors Market is expected to grow significantly in the coming years due to the increasing demand for self-administered and portable medical devices and the growing incidence of chronic diseases. The increasing investments in research and development and advancements in wearable technology are also driving the growth of the market.

Some Related Research:
1 Market Study on Human Augmentation: Demand for Wearable Augmentation Products to Rise Rapidly
https://www.persistencemarketresearch.com/market-research/human-augmentation-market.asp

2 Wearable Tremor Therapy Market - Global Industry Analysis 2015 - 2019 and Opportunity Assessment; 2020 - 2030

Contact
Rajendra Singh
Persistence Market Research
U.S. Sales Office: 305 Broadway, 7th Floor New York City,
NY 10007 +1-646-568-7751 United States
USA - Canada Toll-Free: 800-961-0353

About Persistence Market Research:
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies'/clients' shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

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