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Patient Controlled Injectors Market Expansion Continues, with Forecast Valuation of $7.94 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Patient Controlled Injectors Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for patient controlled injectors has seen rapid expansion. It is projected to increase from $4.51 billion in 2024 to $5.08 billion in 2025, boasting a compound annual growth rate (CAGR) of 12.5%. Factors such as the development of home healthcare, enhancement in healthcare infrastructure, a rise in diabetes cases, higher incidence of infectious diseases, and a growing emphasis on personalized medicine have contributed to the growth observed in the historic period.
Patient Controlled Injectors Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations point towards a swift expansion of the patient controlled injectors market in the next few years, with the market predicted to reach $7.94 billion by 2029 and a Compound Annual Growth Rate (CAGR) of 11.8%. Various elements, including the increasing elderly population, escalating number of chronic respiratory illness cases, growing prevalence of chronic diseases, rising cancer rates, and growing occurrence of autoimmune disorders, can be held responsible for this growth in the forecast era. The major trends likely to be witnessed during this projection period involve technological progression, amalgamation of artificial intelligence, telemedicine, remote monitoring, enhancements in portable and wearable devices, and an emphasis on minimally invasive procedures.
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What Are the Drivers Transforming the Patient Controlled Injectors Market?
The anticipated escalation in chronic disease occurrence is set to stimulate the expansion of the patient-controlled injectors market. Chronic illnesses are long-standing health concerns that typically persist for at least three months and may progressively become worse over time. The proliferation of such illnesses is attributed to factors like growing elderly population, rampant obesity, social-economic elements, and environmental exposures. Patient-controlled injectors are employed in response to chronic diseases, enabling patients to accurately and conveniently prescribe their own medications, timed according to respective treatment schedules. As an illustration, the US-based National Center for Biotechnology Information (NCBI) reported in January 2023 that the quantity of people aged 50 and above suffering from at least one chronic disease is projected to surge by 99.5% by 2050, escalating from 71.52 million in 2020 to 142.66 million. Consequently, the spiraling prevalence of chronic diseases is envisioned to stimulate the growth trajectory of the patient-controlled injectors market.
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What Are the Key Trends Driving Patient Controlled Injectors Market Growth?
Leading businesses in the patient-controlled injectors market are introducing cutting-edge products like ready-to-use syringes to better cater to their clients with superior features. These syringes come pre-filled and sterilised, each with a specific medication dose, thereby eliminating manual preparation, reducing contamination risks, and lowering dosage errors. Ypsomed AG, a medical equipment producer based in Switzerland, unveiled a novel autoinjector platform intended for liquid pharmaceuticals with volumes from 1.5 to 5.5 ml in October 2022. The device is designed ergonomically for user convenience, ensuring comfort for patients during injections. It has been equipped with advanced safety features to avoid inadvertent needle pricks and gives visual and audible signals confirming successful medication delivery. The autoinjector can also handle various fluid consistencies, making it highly adaptable for different therapeutic uses.
Which Segments in the Patient Controlled Injectors Market Offer the Most Profit Potential?
The patient controlled injectors market covered in this report is segmented -
1) By Product: Electronic Wearable Injector, Mechanical Wearable Injector, Infusion Pumps
2) By Application: Cancer Treatment, Auto-Immune Treatment, Blood Disorder Treatment, Other Application
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Mail Order Pharmacies
Subsegments:
1) By Electronic Wearable Injector: Pre-Filled Electronic Wearable Injectors, Programmable Electronic Wearable Injectors, Smart Electronic Wearable Injectors, Rechargeable Electronic Wearable Injectors, Bluetooth-Enabled Electronic Wearable Injectors, Disposable Electronic Wearable Injectors
2) By Mechanical Wearable Injector: Spring-Loaded Mechanical Wearable Injectors, Piston-Based Mechanical Wearable Injectors, Auto-Injectors (Mechanical), Manual Mechanical Wearable Injectors, Disposable Mechanical Wearable Injectors
3) By Infusion Pumps: Disposable Infusion Pumps, Programmable Infusion Pumps, Insulin Infusion Pumps, Syringe Infusion Pumps, Ambulatory Infusion Pumps, Large Volume Infusion Pumps, Implantable Infusion Pumps
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Which Firms Dominate the Patient Controlled Injectors Market by Market Share and Revenue in 2025?
Major companies operating in the patient controlled injectors market are Medtronic plc, Becton dic*kinson and Company, West Pharmaceutical Services, SCHOTT AG, Gerresheimer AG, Phillips-Medisize, Vetter Pharma-Fertigung GmbH & Co. KG, Stevanato Group, Ypsomed AG, Nemera, B. Braun Melsungen AG, Elcam Medical, Owen Mumford, Bespak, Unilife Corporation, Crossject, SHL Group, AptarGroup Inc., Credence MedSystems, Weibel CDS AG, Sorrel Medical
Which Regions Offer the Highest Growth Potential in the Patient Controlled Injectors Market?
North America was the largest region in the patient controlled injectors market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the patient controlled injectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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