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Diabetes As A Catalyst Is Driving Growth In The Needle-Free Drug Delivery Devices Market: Key Factor Driving The Growth In The Needle-Free Drug Delivery Devices Market
Needle-Free Drug Delivery Devices
What Is the Expected Needle-Free Drug Delivery Devices Market Size During the Forecast Period?
The needle-free drug delivery devices market is expanding rapidly. It is set to grow from $16.7 billion in 2024 to $18.67 billion in 2025 at a CAGR of 11.8%. This is driven by chronic disease management, demand for pain-free options, aging populations, patient-centric innovations, regulatory support, and pharmaceutical advancements.
The needle-free drug delivery devices market is projected to see rapid growth, reaching $28.86 billion by 2029 at a compound annual growth rate (CAGR) of 11.5%. Growth is driven by the demand for painless medication administration, patient-centric healthcare solutions, applications for pediatric and geriatric populations, technological advancements, and healthcare access in emerging markets. Key trends include the adoption of wearable devices, microfluidic technologies, pediatric-friendly solutions, AI and machine learning integration, and home healthcare applications.
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What Are the High-Growth Segments in the Needle-Free Drug Delivery Devices Market?
The needle-free drug delivery devices market covered in this report is segmented -
1) By Device Type: Inhalers, Jet Injectors, Novel Needles, Transdermal Patches, Other Device Types
2) By Application: Pain Management, Vaccine Delivery, Pediatric Injections, Insulin Delivery, Other Applications
3) By End-User: Hospitals And Clinics, Home Healthcare
Subsegments:
1) By Inhalers: Dry Powder Inhalers (Dpi), Metered Dose Inhalers (Mdi), Nebulizers
2) By Jet Injectors: High-Pressure Jet Injectors, Spring-Powered Jet Injectors, Battery-Operated Jet Injectors
3) By Novel Needles: Micro-Needle Arrays, Nano-Needle Arrays
4) By Transdermal Patches: Microneedle Patches, Conventional Patches ( Nicotine, Hormonal, Pain Relief)
5) By Other Device Types: Oral Drug Delivery Devices, Implantable Drug Delivery Systems, Sublingual Drug Delivery Devices
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What Key Drivers Are Expected to Influence Future Needle-Free Drug Delivery Devices Market Growth?
The growing diabetes burden is projected to fuel the needle-free drug delivery device market. Diabetes is a long-term condition marked by elevated blood glucose levels due to insulin resistance or deficiency. Contributing factors include inactivity, poor nutrition, aging, genetics, and increasing obesity. Needle-free devices, like jet injectors and patches, offer painless insulin delivery methods, enhancing patient compliance. In June 2024, the UK's NHS reported identifying 549,000 additional people at risk of developing type 2 diabetes in 2023. This brought the total number of individuals with pre-diabetes to 3,615,330-up nearly 20% from 2022. As a result, demand for needle-free drug delivery solutions is rising.
Which Companies Hold the Largest Share Across Different Needle-Free Drug Delivery Devices Market Segments?
Major companies operating in the needle-free drug delivery devices market are Pfizer Inc., Merck & Co. Inc., Bayer AG, 3M Company, Medtronic plc, Novo Nordisk AS, Becton, Dickinson and Company, Endo International plc, Insulet Corporation, Purdue Pharma L.P., Antares Pharma Inc., MannKind Corporation, Med-Jet Inc., Portal Instruments, PharmaJet, Inovio Pharmaceuticals, Inc., National Medical Products Inc., Mika Medical Co. Ltd., Medical International Technology Inc. (MTI), NanoPass Technologies Ltd., PenJet Corporation, Akra Dermojet S.A., NuGen Medical Devices Inc., Crossject SA, Injex Pharma AG
What Are the Major Trends Shaping the Needle-Free Drug Delivery Devices Market?
Major companies in the needle-free drug delivery device market are innovating with advanced tools like dual-chamber inhalers to simplify treatment. In April 2024, Berry Global, a US-based plastic manufacturing company, introduced the BerryHaler, a dry powder inhaler (DPI) with dual chambers. It features an all-plastic body, dose counter, and a bi-directional mouthpiece, promoting accurate, hygienic, and convenient multi-drug delivery.
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What Are the Emerging Geographies for The Needle-Free Drug Delivery Devices Market Growth?
North America was the largest region in the needle-free drug delivery devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the needle-free drug delivery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Needle-Free Drug Delivery Devices Market?
2. What is the CAGR expected in the Needle-Free Drug Delivery Devices Market?
3. What Are the Key Innovations Transforming the Needle-Free Drug Delivery Devices Industry?
4. Which Region Is Leading the Needle-Free Drug Delivery Devices Market?
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