Subcutaneous Drug Delivery Devices Market Worth to Outgrow by USD 45794.85 MN By 2027
Posted On May 27, 2021
According to the research report by Value Market Research, the Global Subcutaneous Drug Delivery Devices Market is likely to grow to USD 45794.85 MN by 2027 with a CAGR of 10% during the year 2021-2027. The heightened adoption of pain-free subcutaneous drug delivery devices due to their easy administration and high treatment adherence is the primitive driver of the growth of these drug delivery devices market. These devices are needle-free injectors and the best alternative for conventional drug delivery devices as they can reduce treatment costs associated with needle-stick injuries. Hence, they are supposed to increase demand and boost the market growth of subcutaneous drug delivery devices. The high investment in the medical field and technology industry is also one of the major factors for driving the market growth of these devices. Also, the convenience and safety provided by these patients for both patients as official healthcare officials will further exhilarate ate the growth of the subcutaneous drug delivery devices market.
Subcutaneous drug delivery devices are pain-free auto-injector and pen devices that are applied to injection volumes between 0.1 and 2 ml and an alternative to prefilled syringes with needle safety devices. These drug delivery devices release the proper doses of the drug, providing self-administration to the patients. Hence, it can ease out the patients' and healthcare officials' workload. The advanced features of a subcutaneous auto-injector or pen devices and wearable patch devices such as dosage reminders, adherence tracker, and education system are considered to improve patient experience and satisfaction with the treatment. Drug administration costs and resources can be minimized with the help of fixed dosing regimens and short injection duration of subcutaneous drug delivery devices.
"Global Subcutaneous Drug Delivery Devices Market Report By Product (Prefilled Syringes, Pen Injectors, Auto-Injectors, Wearable Injectors, Needle-Free Injectors), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" is an elaborate report providing market data on the basis of segments and geography.
On the basis of product the market is segmented into Prefilled syringes, Pen injectors, Auto-injectors, Wearable injectors, Needle-free Injectors. By distribution channel the subcutaneous drug delivery devices market is categorised as Hospital Pharmacies, Retail Pharmacies, Online Pharmacies. By geography the report is bifurcated into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Subcutaneous Drug Delivery Devices is the dominating region. The data tables in this section depict the market estimate by market segment.
The Report Segments Global Subcutaneous Drug Delivery Devices Market -
- Prefilled Syringes
- Pen Injectors
- Wearable Injectors
- Needle-free Injectors
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Players Profiled In the Report:
Gerresheimer AG, Becton, Ypsomed AG, Becton, Novo Nordisk, Dickinson and Company, Elcam Medical Group, Medtronic Plc, Insulet Corporation, Becton, West Pharmaceutical Services, Inc., Inolife Sciences, PharmaJet, and Unilife Corporation.
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