Press release
Auto-Injectors Market by Growth Drivers, Trends, Potential Application in Future, Top Consumer and End Users
The auto-injectors market is expected to cross $4.0 billion by 2023, growing at a CAGR of 18.6% between 2017-2023.Rising prevalence of anaphylaxis and increasing healthcare spending are some of the key drivers for the global market growth. Additionally, emerging biologic drug therapies, minimized needle-stick injuries and growing aging population also support the growth of the global market.
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The auto-injectors market in Europe is expected to reach $537.2 million by 2023, growing at a CAGR of 17.4% between 2017-2023. The auto-injectors industry in Europe is witnessing growth mainly due to increasing prevalence of diseases such as anaphylaxis, multiple sclerosis, diabetes and rising geriatric population. According to European Academy of Allergy and Clinical Immunology, more than 150 million Europeans suffered from chronic allergy diseases in 2016. Among the various countries in the European region, the U.K. held the largest share of the European market for auto-injectors with 29.1% share in 2016.
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Some of the key players operating in the auto-injectors market include Mylan N.V., Antares Pharma Inc., Becton, Dickinson & Co., Eli Lilly and Company, Pfizer, Inc., Bayer AG, Novartis International AG, Bristol-Myer Squibb, Novartis AG, Amgen Inc. and Biogen Inc.
GLOBAL AUTO-INJECTORS MARKET SEGMENTATION
By Product
Prefilled Auto-Injectors
Fillable Auto-Injectors
By Manufacturing Design
Standardized Auto-Injectors
Customized Auto-Injectors
By Therapeutic Application
Anaphylaxis
Multiple Sclerosis
Rheumatoid Arthritis
Others
By Geography
North America
The U.S.
Canada
Europe
The U.K.
Germany
France
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
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