Press release
Auto-Injector Market is Expected to Grow at CAGR 18% and USD 2.9 Billion By 2022
Market HighlightsAuto-Injector Market has been evaluated to be rapidly growing and expected to maintain this growth rate. Moreover, there is a huge possibility that the market will grow further in future. . Benefits such as easy self-administration, reduce dosage errors had increased growth of the market further. . Auto-injectors are widely accepted by patients suffering from disease like diabetes where regularly, fixed doses of insulin is required. Auto-injectors are also used where epinephrine is needed on regular basis. . Out of total cases of food allergies worldwide, U.S. accounts for 6% of these cases while Europe accounts for 7.5% of food allergy cases.
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It is expected that number of these cases will increase in future which will consequently increase the growth of the global auto injector market. It was predicted that in May 2016, more than 80 auto-injectors will be developed which will be commercially available in the market by more than 20 companies. More than 50 drugs are being injected through auto-injectors which have been commercialized in 2016.
Key Player
• SHL Group (US)
• Jiangsu Delfu medical device Co., Ltd (China)
• Becton, Dickinson and Company (US)
• Novartis International AG (Switzerland)
• Pfizer Inc.(US)
• Ypsomed Holding AG (Switzerland)
• Unilife Corporation (US)
• Owen Mumford (Oxford).
Regional Analysis
Asia Pacific is expected to be the fastest growing market and is expected to maintain the same growth rate even in future. North America had the largest market share of 70% of the global auto-injector market in 2013 due to high prevalence of anaphylaxis and easy availability of auto-injectors owing to widespread healthcare infrastructure and government’s support to medical innovation. It is expected that global auto-injector market will grow further in future due to all these.
Segmentation:
Auto-Injector Market is majorly segmented on the basis of technology, usage, application and end-users. Based on technology, the market is segmented into manual and automated auto-injectors. Based on usability market is segmented into disposable and reusable. Further on the basis of application the market is classified into arthritis, sclerosis, hormonal disorder and others. Similarly, on the basis of end-users the market is again classified into hospitals, research labs and centers, institutions and medical stores and others.
Key Findings:
• The global auto-injector market, is expected to reach $XX billion by 2022.
• Manual auto-injectors holds largest market share of XX% in global auto-injector market.
• U.S. holds the largest market global auto-injector about XX% and it is anticipated to reach $XX billion by the end of the forecast period.
• U.S. had been holding largest share of this market since 2015 and is expected to continue this growth in future as well.
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TOC of APAC Frozen Fruits and Vegetables Market
1 Introduction
2 Research Methodology
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power of Suppliers
4.3 Bargaining Power of Buyers
5 Global Auto-Injectors Market, By Technology
5.1 Manual
5.2 Automated
6 Global Auto-Injectors Market, By Usability
6.1 Disposable
6.2 Reusable
7 Global Auto-Injectors Market, By Application
7.1 Arthritis
7.2 Sclerosis
8 Global Auto-Injectors Market, By End User
8.1 Hospitals
8.2 Research Centres
9 Global Auto-Injectors Market, By Region
9.1 America
9.2 Europe
9.3 Asia-Pacific
Continued……
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