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Injectable Drug Delivery Devices Market Potential Analysis, Key Drivers, Emerging Growth, Trends And Forecast To 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company presents an extensive market research report on the Injectable Drug Delivery Devices Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The injectable drug delivery devices market size has grown strongly in recent years. It will grow from $43.54 billion in 2023 to $47.46 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to rapid growth in the elderly population, growth in the number of healthcare facilities, increased healthcare expenditure, growth in the biologics, and increasing awareness of self-administration.
The injectable drug delivery devices market size is expected to see strong growth in the next few years. It will grow to $61.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing prevalence of chronic diseases, increasing demand for injectable drugs, sudden emergence of severe infections and large numbers of drugs and vaccines in several clinical trial stages. Major trends in the forecast period include focus on developing microneedle-based drug delivery systems, invest in the research and development of self-injectable devices, focus on manufacturing wearable devices, focus on the manufacturing of needle-free injection system, expanding its product line to prefilled syringes, consider improving the digital technology of their devices, focus on manufacturing innovative devices and focus on manufacturing innovative auto-injectors. .
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Key Market Players:
Major companies operating in the independent artists and performing art companies market report are Broadway Theatre, AMC Entertainment Holdings Inc, Bolshoi Theatre, Poly Culture Group Corporation Limited, The Metropolitan Opera Association, New Jersey Performing Arts Center, Sydney Opera House, American Ballet Theatre, Roundabout Theatre, Lyric Opera of Chicago, Moscow Art Theatre, Saregama India Limited, EE-Media, Head Records, Outside Music, Royal National Theatre, Plus One Records, The Bolshoi Ballet of Moscow, Genjing Records, Kirov, Stanislavski and Nemirovich-Danchenko Theatre, Dew Process, MGM Distribution, Royal Shakespeare Company, Russian State Institute of Performing Arts, English National Opera, Hipgnosis Songs Fund, Pest Productions, Royal Opera, Regal Entertainment Group, Egyptian Modern Dance Theatre Company, Domino Music, Remote Control Records Pty Ltd, Lenkom Theatre, Moscow Hermitage Garden, Believe Music, Friends of Air, Sala Minas Gerais, Shock Records, Sharjah Performing Arts Academy, Birmingham Royal Ballet, Sony Music Entertainment India Pvt Ltd, DEREVO, Durov Animal Theater, Mayakovsky Theatre, Modern Sky, Moscow Pushkin Drama Theatre, Moscow Satire Theatre, Ocean Butterflies Music, Outdustry, Teatro Solís, Market Theatre and the Performing Arts Council of the Free State, Times Music, Liberation Music, Russian Institute of Theatre Arts - GITIS, Carmike Cinemas Inc, South African State Theatre, The Playhouse Company, Theatro Municipal de São Paulo, Sovremennik Theatre, Edge Of Arabia, Split Works, Artlist, Deezer, Cape Performing Arts Board (CAPAB), Tips Industries Limited, Universal Music India, UMusic, Artscape Theatre, T-Series Limited
Market Drivers:
The increasing preference for self-injection devices is driving the injectable drug delivery devices market. Self-injection devices are medical devices that can be used by the patient in a home setting for self-administration of the medication. Self-injection devices include needle-free, auto, pen, and wearable injectors. These self-injectables were developed to provide the most adaptable device that has high precision of drug delivery and is easy to use. In addition, with the innovations in self-injectable devices, the acceptance of these products has increased over the past few years. BD Physioject is a disposable auto-injector, manufactured by Becton, Dickinson, and Company, that is clinically proven, reliable, and cost-effective and specifically designed for self-injection of drugs by patients suffering from chronic diseases, including rheumatoid arthritis, multiple sclerosis, asthma, and osteoporosis. The other companies currently involved in the self-injections market include Abbvie, Inc., 3M, Baxter, Gerresheimer AG, Pfizer Inc., and more. The advantages of self-injectable injections and increasing awareness of self-administration have increased the demand for self-injectable devices and will drive the injectable drug delivery devices market during the forecast period.
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https://www.thebusinessresearchcompany.com/report/injectable-drug-delivery-devices-global-market-report
The injectable drug delivery devices market covered in this report is segmented -
1) By Type: Syringes, Injectors And Pump
2) By Application: Autoimmune Diseases, Hormonal Disorders, Oncology, Orphan Diseases, Pain Management, Respiratory Therapy, Other Applications
3) By End-user: Hospitals And Clinics, Home Healthcare Settings, Pharmaceutical And Biotechnological Companies, Research Laboratories, Other End Users
Sub segments: Conventional Injectable Devices, Pre-Filled Syringes, Auto-Injectors, Pen-Injectors, Insulin Pumps, Ambulatory Infusion Devices
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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