Press release
On Body Drug Delivery Devices Market: Anticipated Positive Growth Trends Through 2024-2031 | Gerresheimer AG, NOVO Engineering, West Pharmaceutical Services, Inc.
On Body Drug Delivery Devices Market || 2024-2031
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What is the projected growth rate (CAGR) of the Global On Body Drug Delivery Devices market from 2024 to 2031, and what is the market value expected to change by 2031?
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.
What is On Body Drug Delivery Devices Market?
The On-Body Drug Delivery Devices market focuses on wearable devices designed for convenient, controlled, and precise medication delivery directly to the patient's body. This market includes patch pumps, wearable injectors, and micro-needles, catering to treatments for chronic diseases like diabetes, cancer, and autoimmune disorders. Key growth drivers include patient demand for non-invasive options, advancements in device technology, and the shift towards home-based healthcare solutions.
Who are the major players in the On Body Drug Delivery Devices market?
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world. The prominent players in On Body Drug Delivery Devices market research report are: 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 Development
In January 2024, Aptar Digital Health and Gerresheimer unveiled a collaborative innovation in cancer therapy. By integrating Aptar's Software as a Medical Device (SaMD) platform with Gerresheimer's Gx SensAir, an on-body device for subcutaneous delivery of large biologic molecules, the solution aims to enhance patient adherence to treatment and boost clinical outcomes.
In December 2023, Stevanato Group introduced Vertiva, a newly patented on-body delivery system designed for a range of subcutaneous therapies. With its adaptable delivery profiles, Vertiva supports the efficient administration of both biologics and small-molecule drugs, expanding options for personalized patient care.
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Regions Covered:
The global On Body Drug Delivery Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Market Segments
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.
The On Body Drug Delivery Devices industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Key Features
➥ Leverage epidemiology insights to tailor precision diagnostics and address region-specific needs.
➥ Meet critical unmet needs in complex conditions with advanced, precise On Body Drug Delivery Devices industry solutions for better diagnostics and outcomes.
➥ Stay ahead with real-time pipeline analysis, revealing the latest On Body Drug Delivery Devices innovations and market trends.
➥ Optimize your offerings with competitive pricing analysis, balancing cost-effectiveness and cutting-edge tech.
➥ Protect your innovation with expert patent analysis, ensuring strategic positioning in the On Body Drug Delivery Devices market.
➥ Gain an edge with comprehensive competitive intelligence, guiding informed decisions in On Body Drug Delivery Devices
➥ Maximize market presence with brand share analysis, strengthening your position in the On Body Drug Delivery Devices landscape.
➥ Accurately predict market demand for On Body Drug Delivery Devices with precise drug sales forecasting insights.
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FAQs
What does the On Body Drug Delivery Devices market report provide?
The report provides a detailed analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Active, Innovators, Start-ups, and Cutting Edge) that are anticipated to influence its future growth trajectory.
What is the scope of the market report?
The market report covers regional analysis and provides detailed insights into the On Body Drug Delivery Devices market including market size, segmentation, and key players.
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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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.
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