Global Needle Free Injection Systems Market Opportunities With Growing CAGR and Forecast to 2025

Global needle free injection systems market is expected to reach USD 69.54 Billion by 2025, from USD 11.27 Billion in 2017 growing at a CAGR of 14.9% during the forecast period of 2018 to 2025. The Needle Free Injection Systems market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The report includes market shares of needle free injection systems market for global, Europe, North America, Asia Pacific and South America.

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The technology is extensively used in the pharma industry. It has become famous in the emerging countries for its wide used in mass immunization activities, bypassing the chances of needle stick injuries and avoiding other difficulties that are arising due to the multiple use of single needle. Key players making strategic developments, the launches of various new product and approvals have been taken in the needle-free injection systems market.

Some of the major players operating in the market are

• Antares Pharma
• Endo Pharmaceuticals Inc
• PharmaJet
• Bioject Medical Technologies Inc
• Medical International Technology, Inc
• INJEX Pharma AG
• National Medical Products Co. Ltd.
• Valeritas, Inc
• InsuJet™
• PenJet®
• Crossject
• Portal Instruments
• Amico Group
• BD
• InsuJet

Others: Glide Pharmaceutical Technologies Limited, Inovio Pharmaceuticals, Inc., MedImmune, Mystic Pharmaceuticals, OptiNose US, Zogenix, Inc , D’Antonio Consultants International, Inc., among others. The global needle free injection systems market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

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• The global needle free injection systems market is segmented on the basis of type, product, technology, usability, site of delivery, application and geography.
• Based on type, the market is segmented into
• Liquid-based needle-free injectors
• Projectile/depot-based needle-free injectors
• Powder-based needle free injectors
• Based on the product, the market is segmented into

• Fillable needle-free injectors
• Prefilled needle-free injectors
• On the basis of technology, the market is segmented into jet-based needle-free injectors, spring-based needle-free injectors, laser-powered needle-free injectors and vibration-based needle-free injectors.
• On the basis of usability, the market is segmented into disposable needle-free injectors and reusable needle-free injectors.
• On the basis of site of delivery, the market is segmented into subcutaneous injectors, intramuscular injectors and intradermal injectors.
• On the basis of application, the market is segmented into vaccine delivery, insulin delivery, oncology, pain management and other applications.
• Based on geography the global needle free injection systems market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Major Market Drivers and Restraints: 

• Widespread presence of chronic disease
• Increased rate of communicable disease due to needle stick injuries
• Growth in demand for biosimilars and vaccination
• Benefits of drug delivery technology
• self-administered drug delivery devices requires adequate knowledge
• Avoiding complications of using single needles
• Extensively used in the developing countries
• Growth in demand for self-injection devices
• Eliminate of the needle phobia
• Rising demand in specific trends and demographics
• Huge developmental costs
• Developments of new designs
• Stringent regulations associated with such devices

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Posted by Data Bridge Market Research on Thursday January 10 2019, 2:45 AM EST. All trademarks acknowledged. Filed under Uncategorized. Comments and Trackbacks closed. Follow responses: RSS 2.0