Press release
Patient Controlled Injectors Market Recent Trends, In-depth Analysis, Size and Forecast 2020 to 2027
The Patient Controlled Injectors Market was valued at US$ 2,969.47 million in 2019 and is projected to reach US$ 7,505.70 million by 2027; it is expected to grow at a CAGR of 12.4% during 2020-2027.The growth of the patient-controlled injectors market is mainly attributed to the factors such as increasing prevalence of chronic diseases and rising patient compliance. However, lack of adoption in emerging countries is likely to restraint the growth of the market during the forecast years. Patient-controlled injectors are expected to rise concurrently in the market owing to greater ease, safety, and comfort of the administration of injections, which is likely to gain significant popularity among patients. Additionally, the controlled release of the patient-controlled injectors helps the patient administer the drug by themselves and decide their dosage rate.
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The List of Companies -
• West Pharmaceutical Services, Inc.
• Gerresheimer AG
• F. HOFFMANN-LA ROCHE LTD.
• Johnson and Johnson Services, Inc.
• Ypsomed AG
• Westbourne Medical Limited
• Enable Injections
• scPharmaceuticals Inc.
• United Therapeutics Corporation
• BD
Besides, the patient-controlled injectors can be administered at home settings, and thus, there is an increase in demand for patient-controlled injectors. Patient-controlled injectors present a strong solution for higher dosing volumes in non-clinical settings. Large volume of patient-controlled injectors are used for subcutaneous drug delivery at home care setting. Variants like these patient controlled self-administration devices are especially designed to administer highly viscous medications in large volumes. As per the WHO, ~2 million healthcare workers experience percutaneous exposure to infectious diseases each year.
It further reveals that 37.6% of Hepatitis B and 4.4% of HIV/AIDS infections in healthcare workers are due to needle stick injuries worldwide. Many manufacturers are now focusing on developing patient-controlled injectors to meet the unmet needs, which, in turn, is stimulating the growth of the market. The easy administration of these drugs plays a crucial role in improving the compliance to drug therapies among patients, which drives patient outcomes. Considering these factors, the preference for controlled injectors, such as self-dose and Tremfya, is increasing among patients and healthcare providers. Besides, this self-injector is considered safe and efficacious among patients.
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Based on product, the patient controlled injectors market is segmented into electronic wearable injector, mechanical wearable injector, and infusion pumps. In 2019, the electronic wearable segment held the largest share of the market, whereas, the mechanical wearable injector segment is projected to register the highest CAGR in the market during the forecast period.
Based on application, the patient controlled injectors market is segmented into cancer treatment, auto-immune treatment, blood disorders treatment, and others. The cancer treatment segment held the largest share of the market in 2019 and is estimated to register the fastest growth during the forecast period.
Based on distribution channel, the patient controlled injectors market is segmented into hospital pharmacies, retail pharmacies, and mail order pharmacies. The hospital pharmacies segment held the largest share of the market in 2019 and is estimated to register the fastest growth during the forecast period.
The World Health Organization (WHO), Food and Drug Administration (FDA), NHS (National Health Service), and Centers for Disease Control and Prevention are among the major primary and secondary sources referred for preparing this report.
The report starts with the key takeaways, highlighting the key trends and outlook of the global Patient Controlled Injectors Market.
Chapter 3 provides the research methodology of the study.
Chapter 4 provides a brief overview of the Benefits Patient Controlled Injectors Market landscape. It further provides the segmentation of the market with PEST analysis on global scenarios along with ecosystem analysis and expert opinions.
Chapter 5 highlights the Benefits Patient Controlled Injectors Market trends and outlook and the prevailing factors that are driving the market, as well as are deterrents to market growth, along with their impact analysis.
Chapter 6 discusses the market revenue and forecast, in the global Patient Controlled Injectors Market.
Chapter 7, 8, and 9 discuss the market segmented by deployment, application, and geography across the regions.
Chapter 10 provides the impact of COVID 19 across the regions and respective countries.
Chapter 11 provides the industry landscape and highlights the major market events, as well as major market vendors in the ecosystem.
Chapter 12 provides the detailed profiles of the key companies operating within the Benefits Patient Controlled Injectors Market. The companies have been profiled based on their key facts, business descriptions, financial overview, SWOT analysis, and key developments.
Chapter 13, i.e., the appendix is inclusive of a brief overview of the company, glossary of terms, contact information, and the disclaimer section.
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