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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 " "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."

According to the most recent research by InsightAce Analytic, the global autoinjector contract manufacturing market is projected to grow at a compound annual growth rate (CAGR) of 10.4% from 2022 to 2030, from an estimated value of US$1.16 billion in 2021 to US$2.80 billion by 2030.

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Autoinjector devices, which are helpful for the quick administration of medications and antidotes, are not limited to those with medical training. They are, therefore, ideal for managing emergencies and large numbers of casualties. Autoinjectors are frequently used for medical and emergency treatments, for migraine sufferers to quickly relieve their pain, and for self-administration of epinephrine to prevent anaphylaxis. Patients with diseases that require numerous injections daily are increasingly using autoinjectors. The rising prevalence of rheumatoid arthritis, multiple sclerosis, diabetes, and growth hormone abnormalities is one of the main factors propelling the autoinjector contract manufacturing market. Because they enable patients to inject their prescriptions without hesitation owing to a phobia of the needle-based drug delivery method, autoinjectors are becoming more and more popular. Both patients and caregivers place a high value on patient comfort and care; devices like autoinjectors allow patients to give themselves doses without the assistance of a medical professional. Autoinjectors don't hurt the user or anyone around them; therefore, they can be used anywhere. Moreover, because the device's main body does not need to be replaced with each infusion, autoinjectors save the user money on each injection, providing a sense of financial security.

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The growing need for and production of biologics, together with increased R&D efforts by businesses to create easily accessible, reasonably priced, and technologically advanced autoinjectors for chronic illnesses, are all impeding the autoinjector industry's expansion. Research and development firms are working to discover novel, affordable therapies for long-term conditions like rheumatoid arthritis and multiple sclerosis. In the upcoming years, the market's value is anticipated to increase to extremely high levels.
However, the use of autoinjector devices is expected to decline as people choose alternative methods of administering medications, such as nasal epinephrine sprays and oral diabetes medicines. Developing needleless pharmaceutical delivery systems, including jet injectors, limits market expansion.
The largest autoinjector contract manufacturing market is anticipated to come from the North American region. A significant portion of the senior population in the area uses injections to address diseases, including rheumatoid arthritis and diabetes. Significant insurance initiatives in the area have also contributed to the growth of the autoinjector contract manufacturing business. The dominance of the North American region has been facilitated by the technological breakthroughs of the suppliers, especially the development of sophisticated autoinjectors.

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Major market players operating in the autoinjector contract manufacturing market include Phillips-Medisize (a Molex Company), Elcam Drug Delivery Devices (E3D) (Elcam Medical), Jabil Healthcare, Gerresheimer AG, 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., Delfu Medical, Wanhai Medical, and Other Prominent Player

Key developments in the market:
• In June 2022, Jabil Healthcare launched the Qfinity autoinjector platform, a reusable and modular solution for subcutaneous (S.C.) drug self-administration that intends to address the pharmaceutical industry's increasing priority of sustainable drug delivery. The Qfinity+ autoinjector, a linked version of the handheld device, enables medical teams to remotely monitor their patients' treatment and compliance thanks to integrated sensors and electronics.
• In July 2022, SHL Medical unveiled plans for a new production location in the U.S. in response to the expanding market demand for its autoinjector product range. The decision arises from SHL's strategic considerations in increasing its manufacturing in North America. In 2019, SHL created a long-term plan in response to the expanding autoinjector demand and to satisfy future production demands. The news of the new U.S. business corresponds with the company's continued development, including a new Swiss facility currently being revealed.
• In May 2021, Phillips-Medisize launched the Aria Smart Autoinjector platform to enable innovation, distinction and sustainability in the digital drug-delivery device industry. This newest breakthrough delivers a tiny and simple, smart injection device with a reusable electronic drive unit and single-use, disposable cassettes to boost patient care while lowering environmental impact.
• In Mach 2020, SHL Medical recently announced the acquisition of Weibel CDS, a provider of new packaging and devices for drug administration in the field of medical technology.

Market Segments
Global Autoinjector Contract Manufacturing Market, by Product, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• Disposable Autoinjectors
• Reusable Autoinjectors
• Wearable Injector
• Smart/Connected Autoinjectors
Global Autoinjector Contract Manufacturing Market, by Application, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• Anaphylaxis
• Rheumatoid Arthritis
• Multiple Sclerosis
• Diabetes
• Others
Global Autoinjector Contract Manufacturing Market, by End-User, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• Homecare
• Hospitals & Clinics
• Ambulatory Services
Global Autoinjector Contract Manufacturing Market, by Region, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Autoinjector Contract Manufacturing Market, by Country, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• U.S.
• Canada
Europe Autoinjector Contract Manufacturing Market, by Country, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Autoinjector Contract Manufacturing Market, by Country, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Autoinjector Contract Manufacturing Market, by Country, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Autoinjector Contract Manufacturing Market, by Country, 2020-2030 Value (US$ Mn) and Volume (No. of Units)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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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 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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