The global portable injector market is expected to reach
New York, August 03, 2021 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Publication of the “Portable Injectors Market by Product Type, Therapy, Technology, Care Setting – Global Forecast to 2026” – https: // www. reportlinker.com/p05588816/?utm_source=GNW
However, the preference for alternative forms of drug delivery, high costs and a poor reimbursement structure in developing countries are expected to limit the uptake of portable injectors to some extent.
The Body Injectors segment holds the highest market share, by type, in the Wearable Injector market, during the forecast period.
By type, the global portable injector market is segmented into In-Body Injectors and Off-Body Injectors. The body-mounted injector segment accounted for the largest share of the forecast year.
Much of this segment can be attributed to the ease of patients in delivering a precise amount of drug to the body over a controlled period of time.
The spring loaded segment holds the highest market share, by technology, in the portable injector market, during the forecast period.
Based on technology, the portable injector market is segmented into rotary spring pump, motor driven, expandable battery and other technologies. The spring technology segment accounted for the largest share of the forecast period.
The large share of this segment can be attributed to the growing demand for adhesive patches, as these devices are user-friendly and allow patients to accurately deliver the required drug subcutaneously.
The diabetes segment holds the highest market share, by therapy, in the portable injector market, during the forecast period.
On the basis of therapy, the portable injector market is segmented into Immuno-Oncology, Diabetes, Cardiovascular Disease, and Other Therapies (such as Parkinson’s disease, Thalassemia, and Primary Immunodeficiency Disorders). The diabetes segment accounted for the largest share of the forecast period.
The large share of this segment can be attributed to The high burden of diabetes in the world, coupled with the increasing availability of portable injectors for the treatment of these diseases, is driving the growth of this market segment.
In the portable injector market by end user segment, hospitals and clinics hold the highest market share
Based on the end user, the portable injector market is segmented into hospitals and clinics and home care facilities. Hospitals and clinics segment accounted for larger market share during the forecast period.
The large share of this segment can mainly be attributed to the growing preference for self-administration of drugs and the growing need to reduce healthcare costs. In addition, the growing demand for technologically developed drug delivery approaches, which reduce the rate of hospitalization and require minimal expertise, is expected to drive the growth of the home care facility segment.
North America Hold Largest Wearable Injector Market Share, By Region, During Forecast Period
The portable injector market in North America accounted for the largest market during the forecast period. North America’s large share of this market is due to the increasing prevalence of chronic and lifestyle-related diseases and the presence of advanced healthcare infrastructure in the region.
However, the European market is expected to grow at the highest CAGR during the forecast period owing to factors such as increasing prevalence of chronic diseases, government support for drug development in Germany, increasing emphasis on UK biosimilar innovation, favorable reimbursement scenario for various treatment options in France.
A breakdown of the major portable injector market players referred to in this report is provided below:
â¢ By type of business: level 1 at 55%, level 2 at 25% and level 3 at 20%
â¢ By designation: C level â 43%, manager level â 32% and others â 25%
â¢ By region: North America: 38%, Europe: 23%, Asia-Pacific: 29%, RDM-10%
Major players in the portable injector market include Becton, Dickinson and Company (US), Ypsomed (Switzerland), Amgen (US), Subcuject (Denmark), Enable Injections (US), Medtronic Plc (Ireland), Insulet Corporation (US) , United Therapeutics Corp (United States), CeQur SA (Switzerland), Sensile Medical (Switzerland), Steadymed Therapeutics (United States), ATS Automation (Canada), West Pharmaceutical Services, Inc (United States), Unilife Corporation ( United Kingdom), Tandem Diabetes Care (United States), Valeritas (United States), BÃ¼hler Motor (Switzerland), Sonceboz (Switzerland), Noble (United States), Elcam Drug Delivery Device (Israel), Bespak (United Kingdom United), Stevanato Group (Italy), Sorrel Medical (Israel), Weibel CDS AG (Switzerland) and Neuma (United States).
The report analyzes the market of various portable injectors and their adoption model. It aims to estimate the market size and future growth potential of the global portable injector market and different segments such as type, technology, therapy, end user, and region.
The report also includes an in-depth competitive analysis of key players in this market along with their company profiles, product and service offerings, and recent developments.
Reasons to buy the report
The report will enrich established companies as well as new entrants / small businesses to gauge the pulse of the market which, in turn, would help them get a bigger share. Companies purchasing the report can use one or a combination of the five strategies mentioned below to strengthen their presence in the market.
This report provides information on the following pointers:
â¢ Market penetration: comprehensive information on the product portfolios offered by the best players in the global portable injector market.
â¢ Product Development / Innovation: Detailed information on upcoming trends, R&D activities, and product or service launches in the global Wearable Injectors market.
â¢ Market Development: Comprehensive information on lucrative emerging regions by type, technology, therapy, end user and region
â¢ Market diversification: Comprehensive information on new products, growing geographies and recent developments in the global portable injector market.
â¢ Competitive Assessment: In-depth assessment of market shares, growth strategies, revenue analysis, and products and services of the major players in the global Wearable Injectors Market.
Read the full report: https://www.reportlinker.com/p05588816/?utm_source=GNW
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.