Auto-Injectors Market Growth Statistics [+CAGR of 18.0%], Size Estimation, Emerging Trends, Outlook to 2031 | Market.us
Pune, Maharashtra, India, September 16 2022 (Wiredrelease) Prudour Pvt. Ltd –:Auto-injectors are devices that allow people to self-administer injectable medications. They are easy to use and can be a life-saving tool for people with certain medical conditions. Auto-injectors are typically used to deliver drugs that cannot be taken orally, such as epinephrine for anaphylaxis or glucagon for hypoglycemia.
The global autoinjectors market is projected to reach USD 105.1 billion by 2025 from USD 46.2 billion in 2020, at a CAGR of 18.0%.
The advantages of auto-injectors over other devices are that they can deliver drugs more efficiently and in a better way, and also allow for new formulations. Growth is expected to be boosted by technological advances in products. Humira by AbbVie, Inc., for instance, has lock function and injection stop & end alerts. An auto-injector offers many benefits, including reducing phobia anxiety and needle stick injuries, maintaining consistency in dose accuracy, better efficacy, and aiding growth. An auto-injector delivers drugs more precisely than manual injection. The growing use of targeted therapies, an increase in anaphylaxis cases, rising preference for self-administration of drugs and usability benefits, increasing regulatory approvals, availability of generic autoinjectors, favorable reimbursements, government support and technological advances are all driving market growth. Market players can also expect growth opportunities from the patent expiry for biologics. However, autoinjectors will be less popular due to the availability of alternative routes for drug delivery like nasal epinephrine and oral diabetic drugs.
Crucial market drivers
Anaphylaxis has been on the rise in many parts of the country. Anaphylaxis is a serious food allergy that can lead to severe allergic reactions. Anaphylaxis reactions affect one in 1000 people. Anesthesia is a common treatment for this disorder. Anaphylaxis is treated with epinephrine. Pharmaceutical companies are increasing production of auto-injectors containing epinephrine.
Traditional injections can be painful and inconvenient. This is leading to a greater demand for oral, nasal, and other forms of treatment. Half of the population prefers to take medicines orally. Clinical drugs offer many benefits, including ease of use and low cost. Many people find it safe and acceptable. Digital pharmacy services are rapidly expanding today. This is a reliable way to deliver drugs to patients.
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– This study will provide an in-depth analysis of the global “Auto-Injectors” market, current and future trends to help investors understand the potential investment opportunities.
– You will find information on the market’s key drivers, their limitations and potential impacts, as well as the impact of these factors on Auto-Injectors market size.
– Porter’s Five Forces Analysis illustrates the potential of buyers and suppliers in the industry.
– To determine market potential, a quantitative analysis of the market from 2016-2022 is performed.
To improve their market position on the global Auto-Injectors marketplace, key players now focus on product innovations, mergers/acquisitions, recent developments and joint ventures, collaborations, and partnerships. Market players compete based on product quality. This market is dominated by major players who invest in R&D, manufacturing, and infrastructure development. They also look to integrate opportunities across the value chain.
Key Takeaways from the Competitive Landscape Section:
* A comprehensive overview of the profiles of each company of interest
* Participation in revenue share
* Analysis of each key player’s industrial chains
* Business growth strategies mastered by top market players
Key players operating in the global Auto-Injectors market are:
Johnson & Johnson
Antares Pharma Inc.
Medeca Pharma AB
Worldwide Auto-Injectors Market Segmentation
Analysis by Product Type
Analysis by Applications Type
Regional Segment Analysis of the Auto-Injectors Market
– North America (U.S., Canada, Mexico)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Rest of APAC)
– South America (Brazil and the Rest of South America)
– The Middle East and Africa (UAE, South Africa, Rest of MEA)
To know more about the market opportunities by region and country, click here to Buy The Complete Report: https://market.us/purchase-report/?report_id=14526
Research Methodology by Market.us
Five phases will be used to conduct research on the keyword market. These include primary research as well as secondary research. Subject matter expert advice and quality control are also included. After gaining a better understanding of the requirements, secondary research was conducted to identify segment specifications, qualitative and quantitative data as well the factors driving the market growth. Secondary sources used in the study are press releases, annual reports from companies and research papers that relate to the industry.
For precise information on market expansion opportunities, data was also gathered from various sources, including trade journals, industry magazines, government websites and associations. Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Faction, Bloomberg, One Source and Hoovers, which proved to be useful for in-depth technical study of the market.
This report answers the following 12 key questions
1. Is Auto-Injectors a booming industry?
2. How big is the Auto-Injectors market?
3. How fast is the Auto-Injectors industry growing?
4. Who are the key players in Auto-Injectors?
5. Which industry uses Auto-Injectors the most?
6. What is the Auto-Injectors market growth?
7. Which region held the largest arAuto-Injectors market share?
8. What factors drive the Auto-Injectors market?
9. What are the business risks and threats to the market?
10. What are the emerging trends in this market and the reasons behind them?
11. What are some changing demands of customers in the market?
12. What are the new developments in the market? Which companies are leading these developments?
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Chapter 1 Preface
This segment provides opinions of key participants, an audit of Auto-Injectors industry, market outlook across key regions, financial services, and various challenges faced by Auto-Injectors market. It briefly introduces the global Auto-Injectors market. This section depends on the Scope of the Study and Report Guidance.
Chapter 2 Executive Summary
It elaborated market outlook by segmentation in Auto-Injectors market. In addition, it also represents the market snapshot covered in the report.
Chapter 3 Market Dynamics
This section comprises current market dynamics in the Auto-Injectors market. Such as key driving factors, major opportunities areas, restraining factors, & recent trends in Auto-Injectors market. It also includes SWOT analysis and Porter’s five force analysis. This help to identify the key growth factors and challenges in the Auto-Injectors market.
Chapter 4 Global Auto-Injectors market Analysis, Opportunity, and Forecast, 2016-2032
This chapter comprises the current scenario of the Global Auto-Injectors market in 2021, including forecast estimation for 2023-2032.
Chapter 5 Geographic Analysis
This section has covered in-depth regional market share analysis and carefully scrutinized it to understand its current and future growth, development, and demand scenarios for this market.
Chapter 6 Covid-19 Impact
This section briefly describes the positive and negative impact of the COVID-19 Pandemic on the Global Auto-Injectors Market.
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Chapter 7 Pricing Analysis
This chapter provides price point analysis by region and other forecasts.
Chapter 8 Competitive Landscape
It includes major players in the Auto-Injectors market. Moreover, it also covers the detailed company shares analysis in the report based on their product’s demand, and market served, the number of products, applications, regional growth, and other factors.
Chapter 9 Research Methodology
The research methodology chapter includes the following main facts,
9.2 Secondary Research
9.3 Primary Research
Chapter 10 Conclusion
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