Press release
Comprehensive Market Analysis on Autoinjectors Market projected to reach USD 2.08 Billion by 2030 | CAGR of 12.7% | Forecast period 2023-2030, published by MarketDigits
Autoinjectors Market Scope:Market size value in 2023 - USD 0.9 Billion
Market size value in 2030 - USD 2.08 Billion
CAGR (2023-2030) - 12.7%
Forecast Period - 2023-2030
Segments Covered - Type, Route of Administration, Application, End User & Region.
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Solteam Incorporation Co., Ltd, Antares Pharma, Inc, AbbVie Inc. (US), Amgen Inc. (US), Eli Lilly and Company (US), Novartis AG (Switzerland), Merck KGaA (Germany), Viatris Inc. (US).
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Browse in-depth TOC on "Autoinjectors Market"
178-Tables
95-Figures
332-Pages
North America dominates the market for Autoinjectors.
North America commands a major share in the Autoinjectors Market due to several factors contributing to its dominance. The region boasts a robust healthcare infrastructure, high healthcare expenditure, and a technologically advanced pharmaceutical industry, facilitating widespread adoption of innovative medical devices such as autoinjectors. Moreover, a well-established awareness among patients and healthcare professionals about the benefits of self-administration and the convenience offered by autoinjectors has significantly boosted their uptake in North America. The prevalence of chronic diseases, coupled with an aging population, has further accelerated the demand for these devices. Additionally, favorable reimbursement policies and a proactive regulatory environment contribute to the market's growth, making North America a key player in shaping the trajectory of the Autoinjectors Market on a global scale.
Asia Pacific emerges as the fastest-growing region in the Autoinjectors Market due to a convergence of factors propelling its rapid expansion. Rising healthcare awareness, increasing disposable income, and a growing emphasis on personalized medicine are driving the demand for advanced drug delivery systems like autoinjectors. The regions large and aging population, coupled with a surge in chronic diseases, has heightened the need for efficient and convenient self-administration of medications. Additionally, favorable government initiatives, coupled with a burgeoning pharmaceutical and biotechnology sector, contribute to the dynamic growth of the Autoinjectors Market in Asia Pacific. The region's evolving healthcare landscape, characterized by a shift towards patient-centric care, positions autoinjectors as a vital component in meeting the escalating healthcare demands, thereby making Asia Pacific a pivotal and swiftly advancing market for autoinjectors.
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Top Key Players Covered in the Report-
Becton, Dickinson and Company BD), Ypsomed Holding AG, SHL Medical, West Pharmaceutical Services, Inc., Recipharm AB, Haselmeier Gmbh, Owen Mumford Ltd, Philip-Medisize, LLC, Oval Medical Technologies Ltd., Kaleo, Inc, Solteam Incorporation Co., Ltd, Antares Pharma, Inc, AbbVie Inc. (US), Amgen Inc. (US), Eli Lilly and Company (US), Novartis AG (Switzerland), Merck KGaA (Germany), Viatris Inc. (US), and Biogen (US) and Others.
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Recent Developments-
In November 2023, Zepbound (tirzepatide), a potent new therapy option developed by Eli Lilly and Company (US) for obesity or overweight with weight-related medical issues, was approved by the US FDA for chronic weight control.
https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-autoinjectors-market-projected-to-reach-usd-208-billion-by-2030
MarketDigits
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MarketDigits is one of the leading business research and consulting companies that helps clients to tap new and emerging opportunities and revenue areas, thereby assisting them in operational and strategic decision-making. We at MarketDigits believe that a market is a small place and an interface between the supplier and the consumer, thus our focus remains mainly on business research that includes the entire value chain and not only the markets.
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