Injectable Drug Delivery Devices Market Size: Segmented By Application, Geography Trends, Growth & Forecasts To 2032

Market Overview:
The Injectable Drug Delivery Devices Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.

Drug delivery refers to the technology used to transport drugs to their intended location in the body where they can be released and absorbed. The effectiveness of a drug can be greatly influenced by the method in which it is administered. The use of different drug delivery systems (DDSs) has made it possible to improve control over drug characteristics such as pharmacokinetics, pharmacodynamics, toxicity, immunogenicity, and efficacy. Injectable drug delivery devices can come in various forms, such as prefilled syringes, auto-injectors, pens, and needle-free injectors. These devices offer several benefits, including accurate dosing, ease of use, and improved patient compliance.

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Market Dynamics:
Driver:
The rising prevalence of chronic diseases such as cancer, diabetes, and autoimmune disorders is driving the demand for injectable drug delivery devices. These devices are widely used for the administration of biologics, insulin, and other drugs used in the treatment of chronic diseases. Advances in drug delivery technologies, such as the development of microneedles, wearable injectors, and smart injectors, are driving the growth of the injectable drug delivery devices market. These technologies offer several benefits, including improved drug delivery efficiency, reduced pain, and increased patient comfort. The increasing focus of governments on improving healthcare infrastructure and providing better access to healthcare services supports the growth of the market.

Opportunities:
the increasing adoption of biologics is one of the opportunities for growth in the injectable drug delivery devices market. Biologics are complex molecules that are derived from living organisms, and they require precise and targeted delivery to be effective. The development of personalized medicine is creating new opportunities for injectable drug delivery devices. These devices can be used to deliver customized doses of drugs based on individual patient needs, improving treatment efficacy and patient outcomes. is likely to provide lucrative opportunities for Injectable Drug Delivery Devices in the coming years.

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Market Segmentation
By type, the connected smart devices segment is anticipated to develop at the highest CAGR over the forecast period. Pharma 4.0 is accelerating the convergence of injection systems and information systems, including the development of a new generation of connected autoinjectors that combine personalized dosing with data capture and reporting capabilities. This delivery system not only simplifies dosing but also provides doctors and patients with a new level of digital visibility and insight into each course of therapy, helping the segment's growth. Due to the growing number of diabetic patients, the self-injectable category is expected to dominate the market. In recent years, the number of individuals that require injectable insulin has increased. Similarly, the number of patients suffering from spondylitis and cancer is also rising thus, strengthening the growth of the segment.
• Conventional
• Self-Injectable
• Prefilled Syringes
• Connected Smart Devices

By parenteral route, the sub-cutaneous segment is expected to lead the growth of the injectable drug delivery devices market in the projected timeframe. A subcutaneous injection is given beneath the skin into the fat layer just below the dermis. Since the tissue areas have fewer blood arteries, absorption via the subcutaneous route is slow and sustained. It has a slower action than intravenous but a faster action than intradermal. Measles vaccine, insulin, goserelin, and morphine are some of the major drugs administered utilizing sub-cutaneous injections. The continuous rise in diabetic patients has stimulated the demand for sub-cutaneous injectable drug delivery devices. According to IDF, the total number of diabetic individuals was 537 million in 2021, which is expected to reach 643 million by 2030.
• Intradermal
• Subcutaneous
• Intramuscular
• Intravenous

By end-users, the home care settings segment is anticipated to develop at the highest CAGR attributed to the rise in user-friendly injectable home medications. For instance, in May 2021, Eli Lilly and Company signed strategic international agreements with four companies: DexCom, Inc., Glooko Inc., myDiabby Healthcare, and Roche, to integrate data and technology to help streamline diabetes management. These firms provide distinct diabetes management solutions that will work with Lilly's Tempo Pen™ and Tempo Smart Button™. This will make the administration of insulin pens easier in homecare situations. Similar launches by other companies are expected to support the growth of the segment.
• Hospitals
• Homecare Settings
• Clinics
• Others

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Regional Analysis of Injectable Drug Delivery Devices Market:
The Asia-Pacific region is anticipated to lead the growth of the injectable drug delivery devices market during the projected timeframe attributed to the high density of the geriatric population. China and India are the most populated countries in the world. High population density and the prevalence of chronic disorders are the main factors that can upsurge the spread of viral infections. The COVID-19 pandemic that originated in China rapidly spread to the other parts of the Asian countries and the rest of the globe. As the number of patients were increasing, the demand for syringes also soared. Furthermore, the vaccination initiatives that were started utilized syringes for administration. Concomitantly, the number of patients having the chronic disorder, cancer, and other medical condition that requires injectable drugs is also rising thus, supporting the expansion of the market in this region.

The North American region is estimated to have the second highest share of the injectable drug delivery devices market owing to the growing diabetic population. According to IDF, in North America and the Caribbean, the number of diabetic individuals was 51 million in 2021, and it is projected to reach 63 million by 2045. The 24% rise in the diabetic population is estimated to boost the sales of injectable insulin. Moreover, the prevalence of seasonal influenza is further bolstering the growth of the market. According to CDC, for the 2020-2021 season, manufacturers have projected they will provide as many as 194 to 198 million doses of influenza vaccine for the U.S. market thus, stimulating the development of the injectable drug delivery devices market in this region.

The market in the European region is anticipated to grow at a significant growth rate attributed to the increasing prevalence of chronic diseases. More than half of European individuals suffer from neurological disorders. According to the European Academy of Neurology, approximately 308 million individuals had one or the other kind of neurological disorder in 2017. Furthermore, diabetes is also common in this region. According to IDF, 61 million population was estimated to be diabetic in 2021, projected to reach 69 million by 2045. Thus, the growing number of chronic disorders will strengthen the growth of the injectable drug delivery devices market.
North America
• US
• Canada
• Mexico
Eastern Europe
• Bulgaria
• The Czech Republic
• Hungary
• Poland
• Romania
• Rest of Eastern Europe
Western Europe
• Germany
• UK
• France
• Netherlands
• Italy
• Russia
• Spain
• Rest of Western Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Thailand
• Vietnam
• The Philippines
• Australia
• New Zealand
• Rest of APAC
Middle East & Africa
• Turkey
• Bahrain
• Kuwait
• Saudi Arabia
• Qatar
• UAE
• Israel
• South Africa
South America
• Brazil
• Argentina
• Rest of SA

Players Covered in Injectable Drug Delivery Devices market are :
1. Becton
2. Dickinson and Company (U.S.)
3. Pfizer Inc. (U.S.)
4. Teva Pharmaceuticals Industries Ltd. (Israel)
5. Eli Lilly and Company (U.S.)
6. Baxter International Inc. (U.S.)
7. Schott AG (Germany)
8. Gerresheimer (Germany)
9. Ypsomed (Switzerland)
10. B. Braun Melsungen (Germany) and other major players.

Recent Industry Developments in Injectable Drug Delivery Devices Market:
1. In October 2021, in collaboration with Aptar Pharma, Becton, Dickinson, and Company (BD) developed the BD SCF PremiumCoat Plunger Stopperade to facilitate the injection of biologics into subcutaneous tissue using a -mL pre-filled syringe.

2. In October 2021, the world's first autoinjector for prefilled syringes with integrated connection was presented by Ypsomed. The YpsoMate autoinjector for prefilled syringes is a dependable and safe device for subcutaneous self-medication. These allow people with chronic conditions to treat themselves at home, reducing the strain on the medical system.

Objective to buy this Report:
Market analysis: Businesses may purchase a report to gain insights into the size, scope, and growth potential of the Injectable Drug Delivery Devices market. This information can help inform business strategies, including product development, market entry, and investment decisions.

Competitor analysis: Businesses may purchase a report to gain insights into the competitive landscape of the Injectable Drug Delivery Devices market. This information can help businesses identify key competitors, assess their strengths and weaknesses, and develop strategies to gain a competitive edge.

Consumer behaviour analysis: Businesses may purchase a report to gain insights into consumer behaviour in the Injectable Drug Delivery Devices market. This information can help businesses understand the preferences, needs, and buying behaviour of consumers, and develop strategies to improve customer engagement and satisfaction.

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