Press release
On Body Drug Delivery Devices Market Company Profiles, Segments, Size, Landscape, Demand and Recent Trends, Industry Analysis, Business Outlook, Current and Future Growth By 2031 | Gerresheimer AG, NOVO Engineering, West Pharmaceutical Services, Inc.
DataM Intelligence has released a new research report on the On Body Drug Delivery Devices market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.The Global On Body Drug Delivery Devices Market reached US$ 37.9 billion in 2023 and is expected to reach US$ 73.3 billion by 2031 growing with a CAGR of 8.6% during the forecast period 2024-2031.
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The on-body drug delivery devices market encompasses various innovative systems designed to administer medications through the skin or other routes directly on the body. These devices enhance patient compliance and provide controlled release of drugs, making them particularly useful for chronic conditions such as diabetes, cancer, and autoimmune diseases. The growing focus on patient-centric healthcare solutions and advancements in wearable technology are driving the market's expansion.
List of the Key Players in the On Body Drug Delivery Devices Market:
Gerresheimer AG, NOVO Engineering, West Pharmaceutical Services, Inc., Enable Injections, Stevanato Group, LTS Lohmann Therapie-Systeme AG, BD, Coherus BioSciences, Inc., Tandem Diabetes Care, Inc, and Battelle among others.
Key Developments:
In January 2024, Aptar Digital Health and Gerresheimer collaborated to create an integrated cancer therapy solution. This innovative approach combines Aptar Digital Health's proprietary Software as a Medical Device (SaMD) platform with Gerresheimer's Gx SensAir, an on-body device designed for the subcutaneous delivery of large biologic molecules. The goal of this integrated solution is to enhance treatment adherence and improve clinical outcomes for patients.
Earlier, in December 2023, the Stevanato Group launched Vertiva, a new patented on-body delivery system designed for various subcutaneous therapies. This device can be adapted to accommodate different delivery profiles, facilitating the administration of both biologics and small-molecule drugs, thus broadening treatment options for patients.
Research Process:
Both primary and secondary data sources have been used in the global On Body Drug Delivery Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
Segment Covered in the On Body Drug Delivery Devices Market:
By Devices Type: Wearable Injectors, Infusion Pumps, Others.
By Molecule Type: Small Molecule, Large Molecule.
By Application: Cardiovascular Diseases, Cancer, Diabetes, Auto-immune Disease, Others.
By Distribution Channels: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
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Regional Analysis:
➣ North America (US, Canada, Mexico)
➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)
➣ South America (Brazil, Argentina, Rest of South America)
➣ Middle East and Africa
**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**
Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, On Body Drug Delivery Devices market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global On Body Drug Delivery Devices Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global On Body Drug Delivery Devices market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the On Body Drug Delivery Devices Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
Have any Query? Talk to our Expert @ https://www.datamintelligence.com/enquiry/on-body-drug-delivery-devices-market
The Research Report Offers Answers To The Following Questions:
☛ What is the expected growth rate of the global market for the forecast period?
☛ What are the key driving factors that are responsible to shape the fate of the On Body Drug Delivery Devices market during the forecast period?
☛ What will be the overall size of the market during the analysis period?
☛ What are the prominent market trends which influence the development of the On Body Drug Delivery Devices market across various regions?
☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
☛ What are the challenges and threats that are likely to act as a barrier to the growth of the On Body Drug Delivery Devices market?
☛ What are the major opportunities that the companies can get to attain success in the world?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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