Wearable Injectors  Market: By Type (On- Body, Off-Body, and Hand-Held), By Technology (Spring-Based, Motor-Driven, Rotary Pump, Expanding Battery, Pressurized Gas, and Collapsible Reservoir), By Therapy (Oncology, Diabetes, Auto-Immune Disorders, Cardiovascular, Infectious Diseases, and Others), By End User (Hospitals, Clinics, Home Care Settings, Ambulatory Surgery Centers, and Others) and Geography
Wearable Injectors Market size was valued at USD 6.16 billion in 2021 and is expected to reach USD 13.62 billion by 2028, at a CAGR of 12.0% during the forecast period 2022-2028. Wearable Injectors are the drug delivery devices are technologically designed to deliver a large volume drugs to the patients for long durations. Wearable Injectors Market are also called as patch pumps or patch injectors. These injectors are evolved from the traditional syringes, and are designed to make the treatment easier with its single-step delivery mechanism. The device also helps to control the disease in patients and delivers the drug faster and safer manner in the body through parenteral route. These injectors have opened the door of hassle free medication administration for the patients suffering from cancer, cardiovascular diseases, auto-immune diseases, and diabetes. Wearable injectors are user friendly and reduce the need of multiple painful injections and the number of hospital visits. The COVID-19 pandemic's uncertainty has influenced demand for various therapeutics and wearable drug delivery technologies. Healthcare systems around the world made steps to postpone treatments for diseases like cancer in order to prevent the spread of the infection and safeguard high-risk patients from becoming infected. The dangers for patients receiving care grew as the pandemic progressed. Hospitals, which serve the bulk of patients, also became high-risk areas during the epidemic. To address these issues and provide appropriate care to patients suffering from various ailments, a movement from hospital-based care to home-based care has occurred. As a result of the pandemic, telemedicine and homecare are becoming more popular. As a result, healthcare delivery has shifted from hospitals and clinics to home care settings. In the next years, this is projected to generate considerable growth potential for industry players. Cancer patients have discovered the critical benefits of wearable injectors, such as a reduction in disease progression and suffering, which has resulted in a major surge in their acceptance across the healthcare business. The On-body Injector is typically inserted on the stomach or behind the arm. It is normally administered by a nurse on the last day of each chemotherapy cycle. As a result, one of the key market drivers is the rise in the occurrence of cancer and heart disorders. Key Developments: In June 2017, Enable Injections Inc. launched a new single, partial or multi-vial/syringe transfer system used to fill its large volume wearable injectors that enables the patients to either use multiple vials or syringes to deliver biologics and high volume drugs subcutaneously.
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The growing prevalence of diseases such as diabetes, cardiovascular diseases, cancer, and autoimmune diseases are the major factors expected to drive the global wearable injectors market. Moreover, advancements in technology along with tracking devices, advantages over traditional devices for administering large dose volumes driving the adoption of wearable injectors. Benefits of these devices over other drug delivery devices such as prefilled syringe is that wearable injectors limits the number of subcutaneous injections and reduces the dosing frequency with an acceptable pain that eventually results in improved patient compliance during the course of patient treatment. Furthermore, growing demand for less or painless devices is expected to fuel the growth of the wearable injectors market over the forecast period. However, poor adoption in under developed countries and stringent regulatory approvals may hinder the growth of global wearable injectors market.
Geographically, global wearable injectors market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Now a days the use wearable injectors has been tremendously increasing in different parts of the world due to advancements in technology. North America is expected to dominant market in the global wearable injectors market due to ease of availability of advanced technologies and higher penetration of healthcare services. Europe market is expected to grow rapidly over the forecast period owing to increase in demand for less or painless devices in the European market.
Latin America
Europe
Asia Pacific
Middle East
North America
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.