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Autoinjector Contract Manufacturing Market Empowering Patients, Driving Growth 2024-2031

06-18-2024 05:37 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: InsightAce Analytic Pvt.Ltd

/ PR Agency: InsightAce Analytic Pvt.Ltd
Autoinjector Contract Manufacturing Market Empowering

Autoinjector Contract Manufacturing Market worth $ 2.80 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Autoinjector Contract Manufacturing Market- by Product (Disposable Autoinjectors, Reusable Autoinjectors, Wearable Injector and Smart/Connected Autoinjectors), Application (Anaphylaxis, Rheumatoid Arthritis, Multiple Sclerosis. Diabetes and Others), End-User (Homecare, Hospitals & Clinics and Ambulatory Services), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

Get a free sample copy of the report: https://www.insightaceanalytic.com/request-sample/1340

According to the latest research by InsightAce Analytic, the global Autoinjector Contract Manufacturing market will be valued at US$ 1.16 Billion in 2021. It is expected to reach US$ 2.80 Billion by 2030, with a CAGR of 10.4% during a forecast period of 2024-2031.

Autoinjectors: A Convenient Solution for Drug Delivery
Autoinjector devices enable the quick administration of antidotes and drugs, even by non-medical personnel. This makes them effective in handling emergencies and mass casualties. Autoinjectors are widely used for self-administration of epinephrine (to prevent anaphylaxis), by migraine sufferers (for quick pain relief), and for various medical and emergency treatments. Their use is also rising among patients with conditions requiring frequent daily doses.
Growth Drivers and Market Trends

One of the primary drivers of the autoinjector contract manufacturing market is the rise in incidences of diabetes, multiple sclerosis, rheumatoid arthritis, and growth hormone deficiencies. Autoinjectors are becoming increasingly popular as they empower needle-phobic patients to self-administer medication without fear. They can be used anywhere without causing discomfort to the user or those around them. Additionally, autoinjectors often lower the cost per injection for the user because the main device body doesn't need replacement after each use.

Challenges and Future Considerations
Companies' increased R&D efforts to build accessible, affordable, and technologically advanced autoinjectors for treating chronic illnesses are a positive sign for the market. However, the preference for alternative drug delivery methods, like nasal epinephrine sprays and oral diabetes treatments, could potentially reduce the need for autoinjectors. Furthermore, the introduction of needle-free delivery methods like jet injectors presents additional limitations for market expansion.

North America is anticipated to contribute to the Autoinjector Contract Manufacturing market majorly. Injections are a common treatment for many older people in the area, especially those with rheumatoid arthritis and diabetes. The major insurance programs in the area have also contributed to the growth of the market for

Autoinjector Contract Manufacturing. In addition, the Asia Pacific Autoinjector Contract Manufacturing market is expected to register significant growth. The region's market is expanding primarily due to the high prevalence of diabetes and developing healthcare infrastructure, which has drawn several renowned autoinjector device manufacturers here.

Major market players operating in the Autoinjector Contract Manufacturing market include
Phillips-Midsize (a Molex Company), Elcam Drug Delivery Devices (E3D) (Elcam Medical), Jabil Healthcare, Dali Medical Devices, Ypsomed Delivery Systems (YDS), SHL Medical, Haselmeier, Owen Mumford, Becton, Dickinson and Company (BD), CCBio, Nemera (Copernicus), Recipharm AB, Sonceboz, Solteam Medical, Stevanato Group, Union Medico ApS., Neuma Engineering, Emperra, Eitan Medical, Enable Injections, West Pharmaceutical Services, Inc., Delfi Medical, Wanchai Medical, and Other Prominent Player.

Recent collaborations and agreements in the market:
• In June 2022, Sustainable medication delivery is becoming a higher concern for the pharmaceutical business, so Jabil Healthcare introduced the Xfinity autoinjector platform, a reusable and modular solution for subcutaneous (S.C.) drug self-administration. Through integrated sensors and electronics, the Qfinity+ autoinjector, a linked version of the handheld device, enables medical teams to monitor the treatment and compliance of their patients remotely.

• In May 2021, The Aria Smart Autoinjector platform was introduced by Phillips-Medisize to foster innovation, distinctiveness, and sustainability in the digital drug-delivery device market. This most recent innovation will improve patient care with a smaller environmental impact thanks to a small, straightforward, smart injection device with a reusable electronic drive unit and single-use, disposable cassettes.

Curious about this latest version of the report? Obtain Report Details @ https://www.insightaceanalytic.com/enquiry-before-buying/1340

Market Segments
Global Autoinjector Contract Manufacturing Market, by Product, 2022-2030 (Value US$ Mn)
• Disposable Autoinjectors
• Reusable Autoinjectors
• Wearable Injector
• Smart/Connected Autoinjectors

Global Autoinjector Contract Manufacturing Market, by Application, 2022-2030 (Value US$ Mn)
• Anaphylaxis
• Rheumatoid Arthritis
• Multiple Sclerosis
• Diabetes
• Others

Global Autoinjector Contract Manufacturing Market, by End-User, 2022-2030 (Value US$ Mn)
• Homecare
• Hospitals & Clinics
• Ambulatory Services

Global Autoinjector Contract Manufacturing Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Autoinjector Contract Manufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Autoinjector Contract Manufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Autoinjector Contract Manufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Autoinjector Contract Manufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Autoinjector Contract Manufacturing Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global Autoinjector Contract Manufacturing market
 To receive an industry overview and future trends of the Autoinjector Contract Manufacturing market
 To analyze the Autoinjector Contract Manufacturing market drivers and challenges
 To get information on the Autoinjector Contract Manufacturing market value (US$ Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the Autoinjector Contract Manufacturing market industry

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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions.
Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses.
We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products.
Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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