The global wearable injectors market size is expected to reach USD 15.66 Billion in 2028 at a CAGR of 11.2% over the forecast period, according to latest analysis by Emergen Research. Steady revenue growth of the market can be attributed to factors such as increasing prevalence of cardiovascular diseases and diabetes among the growing geriatric population in countries across the globe and need for more efficient drug administering devices and solutions that are easy to use and improve quality of life of patients. The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027
Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Wearable Injectors industry. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.
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The immune-oncology segment accounted for largest revenue share among other application segments in the wearable injectors market in 2020, driven by increasing prevalence of cancer among the growing geriatric population and rising adoption of wearable injectors that are easy to use, more cost-effective, and less painful.
The home care setting segment accounted for the largest revenue share than other end-use segments in 2020 due to increasing research and development initiatives for production of more advanced and cost-effective self-injection systems for use in home care settings.
North America accounted for largest revenue share in the global wearable injectors market in 2020. Robust presence of major players such as Amgen, Insulet Corporation, Becton, Dickinson And Company, Enable Injections, and United Therapeutics Corporation is projected to continue to boost growth of the North America wearable injectors going ahead.
Key players in the market include Medtronic, Amgen, Ypsomed, Insulet Corporation, West Pharmaceutical Services, Becton, Dickinson And Company, Enable Injections, United Therapeutics Corporation, F. Hoffmann-La Roche AG, and Johnson Johnson.
The ability to track and manage therapy and avoid over-dose, double injections, or missed injections are propelling adoption of wearable injectors. These devices also help in improving patient adherence and therapy outcomes. Moreover, lightweight feature, feature of prefilled glass cartridge, and high tolerant adhesive nature of wearable injectors are other factors boosting growth of the market.
Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Wearable Injectors market.
The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Wearable Injectors market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. Increasing prevalence of cardiovascular diseases and diabetes among the growing geriatric population and need for more reliable wearable injectors is driving market growth
Emergen Research has segmented the global wearable injectors market on the basis of technology, type, application, end-use, and region:
Technology Outlook (Revenue, USD Billion; 2021–2028)
- Motor-driven
- Expanding Battery
- Spring-based
- Rotary Pump
- Others
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Type Outlook (Revenue, USD Billion; 2021–2028)
- Off-body
- On-body
Application Outlook (Revenue, USD Billion; 2021–2028)
- Cardiovascular Disease
- Diabetes
- Immuno-Oncology
- Infectious Diseases
- Others
End-use Outlook (Revenue, USD Billion; 2021–2028)
- Clinics
- Hospitals
- Home Care Settings
- Others
Regional Outlook (Revenue, USD Billion; 2021–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
Key Points of Wearable Injectors Market:
Extensive coverage of the analysis of the Wearable Injectors market
Key insights into the regional spread of the industry in key geographies
Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Wearable Injectors market
Complete data about the key manufacturers and vendors in the Wearable Injectors market
Read More: https://www.emergenresearch.com/industry-report/wearable-injectors-market
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