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Wearable Injectors Market Size, Trends, Growth, Top Key Players And Forecast 2023-2032
Wearable Injectors Market Report
The Business Research Company's Wearable Injectors Global Market Report 2023 identifies the rise in the number of diabetic and chronic diseases patients as the major driver for the wearable injectors market's growth in the forecast period. According to the International Diabetes Federation, in 2021, approximately 537 million adults were living with diabetes, and by 2045, it is estimated that around 783 million adults around the world and 1 in 5 adults who are above 65 are expected to suffer from diabetes.
The global wearable injectors market grew from $7.16 billion in 2022 to $7.98 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wearable injectors market is expected to grow from $12.93 billion in 2027 at a CAGR of 12.8%.
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Major competitors in the wearable injectors market are Amgen, Becton, Dickinson, and Co., Enable Injections, Insulet Corporation, Ypsomed, Medtronic, Tandem Diabetes Care, Valeritas, and West Pharmaceutical Services.
A key trend in the wearable injectors market includes technological advancement. Major players are adopting advanced technologies to strengthen their positions. For example, YPoint Analytics, a global big data, analytics, and artificial intelligence company offers senior care analytics services combining big data and advanced analytics using sensor data, medical device data, and medical history data mining. It enables data-driven analysis, deep insights, smart care decisions, and care intelligence. In addition, IBM, an American multinational technology corporation offers big data analytics software for senior care that can consolidate the sensor information along with clinical and operational data on the residents.
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https://www.thebusinessresearchcompany.com/report/wearable-injectors-global-market-report
The wearable injectors market is segmented -
•By Type: On-Body Injectors, Off-Body Injectors
•By End-User: Hospitals, Clinics, Homecare setting
•By Application: Immuno-Oncology, Diabetes, Cardiovascular Diseases, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the wearable injectors market.
The Business Research Company's "Global Wearable Injectors Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Wearable Injectors Market Include:
1. Executive Summary
2. Wearable Injectors Market Characteristics
3. Wearable Injectors Market Trends And Strategies
4. Wearable Injectors Market - Macro Economic Scenario
5. Wearable Injectors Market Size And Growth
……
26. Africa Wearable Injectors Market
27. Wearable Injectors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Wearable Injectors Market
29. Wearable Injectors Market Future Outlook and Potential Analysis
30. Appendix
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