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The Increasing Number Of Diabetes Patients Is Fueling The Growth Of The Market Due To The Rising Prevalence Of Obesity And The Painless Nature Of Needle-Free Injections: Key Factor Driving The Growth In The Medical Needle Free Injection Market
Medical Needle Free Injection
What Is the Expected Medical Needle Free Injection Market Size During the Forecast Period?
The market size of medical needle-free injections has seen a swift expansion recently. The growth forecast predicts a rise from $14.36 billion in 2024 to a whopping $16.25 billion in 2025, at a compound annual growth rate (CAGR) of 13.2%. This previous period's growth is mainly due to a surge in the demand for pain-free drug delivery, an upward trend in self-medication, an inclination towards less invasive methods, greater incorporation of home healthcare solutions, and an increased demand for alternatives to needles.
In the coming years, the market for needle-free medical injections is projected to expand rapidly, reaching a value of $26.33 billion in 2029, with a compound annual growth rate (CAGR) of 12.8%. Factors contributing to this growth in the forecast period comprise of the advancement of drug delivery systems technology, the rising need for personalized medicine, increased emphasis on patient comfort and convenience, expansion of the biologic and biosimilar markets, and heightened healthcare spending in developing economies. Key trends for the forecast period encompass developments in jet injection technology, the creation of compact and portable devices, innovations in combination drug delivery systems, advancements in microneedle technology for painless injections, and the development of multi-dose needle-free injectors.
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What Are the High-Growth Segments in the Medical Needle Free Injection Market?
The medical needle free injection market covered in this report is segmented -
1) By Product Type: Jet-Based Needle Free Injectors, Spring-Based Needle Free Injectors, Laser-Powered Needle Free Injectors, Vibration-Based Needle Free Injectors
2) By Mode Of Delivery: Subcutaneous Delivery, Intramuscular Delivery, Intradermal (ID) Delivery, Intravenous (IV) Delivery
3) By Application: Vaccine Delivery, Insulin Delivery, Pain Management, Oncology, Other Applications
4) By End-User: Hospitals, Clinics, Home Care Settings, Research Laboratories, Other End-Users
Subsegments:
1) By Jet-Based Needle Free Injectors: High-Pressure Jet Injectors, Disposable Jet Injectors, Multi-Use Nozzle Jet Injectors, Gas-Powered Jet Injectors, Electronically Controlled Jet Injectors
2) By Spring-Based Needle Free Injectors: Manual Spring-Loaded Injectors, Auto-Spring-Loaded Injectors, Single-Dose Spring Injectors, Reusable Spring Injectors
3) By Laser-Powered Needle Free Injectors: Infrared Laser-Based Injectors, Ultraviolet Laser-Based Injectors, Pulsed Laser Systems, Continuous Wave Laser Systems
4) By Vibration-Based Needle Free Injectors: Ultrasonic Vibration Injectors, Piezoelectric-Based Injectors, Electromagnetic Vibration Injectors, Micro-Vibration-Assisted Delivery Systems
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What Key Drivers Are Expected to Influence Future Medical Needle Free Injection Market Growth?
The medical needle-free injection market is likely to experience significant growth due to the rising incidence of diabetes. Diabetes, a long-term health condition where the body fails to adequately control blood sugar levels, is primarily elevated by increasing obesity rates, a risk factor in the development of type 2 diabetes. Needle-free injections provide a pain-free and less daunting method for diabetes patients to inject insulin or other medications via high-pressure technology. This procedure helps to reduce discomfort, diminish fear of needles, and improve patient compliance with treatment. For instance, the National Health Service, a government agency in the UK, reported that in June 2024, 3,615,330 individuals who were registered with a general practitioner (GP) were diagnosed with non-diabetic hyperglycemia or pre-diabetes in 2023, reflecting an 18% growth from 3,065,825 cases in 2022. Hence, the surge in diabetes patients propels the expansion of the medical needle-free injection market.
Which Companies Hold the Largest Share Across Different Medical Needle Free Injection Market Segments?
Major companies operating in the medical needle free injection market are Pfizer Inc., Medline Industries LP., Daicel Corporation, AptarGroup Inc., Gerresheimer AG, Portal Instruments, Inovio Pharmaceuticals Inc., PharmaJet Inc., RPK Group, National Medical Products Inc., Mika Medical, Injex Pharma AG, Crossject SA, InsuJet, NuGen Medical Devices Inc., Robbins Instruments, PICOCYL, MIT Canada Inc., AcuShot Needle Free, FlowBeams
What Are the Latest Developing Trends in the Medical Needle Free Injection Market?
Leading businesses in the medical needle-free injection market are concentrating on introducing advanced products like jet-based needle-free injection systems to boost the effectiveness of drug delivery and minimize patient discomfort. These jet-based systems function on high-pressure liquid streams to deliver medications without the use of needles, providing a safer and less painful option compared to conventional methods. As an example, in November 2024, Sol-Millennium Medical Group, a medical device manufacturing company based in the US, unveiled the InsuJet, a needle-free insulin injection device, in Canada. This device uses high-pressure jet technology to administer insulin without the use of needles. Its aim is to decrease discomfort, anxiety, and needle-related risks, thereby leading to better treatment adherence.
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What Are the Emerging Geographies for The Medical Needle Free Injection Market Growth?
North America was the largest region in the medical needle free injection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the medical needle free injection 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 Medical Needle Free Injection Market?
2. What is the CAGR expected in the Medical Needle Free Injection Market?
3. What Are the Key Innovations Transforming the Medical Needle Free Injection Industry?
4. Which Region Is Leading the Medical Needle Free Injection Market?
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