The medical and pharmaceutical industries constantly strive to increase efficiency in medical procedures, make them safer (which also include protecting hygiene) and cater to the patients’ needs at the same time. The global technological developments and their use in the medical industry have helped establish and implement methods to achieve all of the above. Owing to these developments, wearable injectors- that are devices designed to deliver large volumes of drugs to patients over a large period of time, were developed and are now widely used. These devices provide reports by monitoring body regulation and are created for single-use wearable device technologies.
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Major Players in the Wearable Injectors Market
The prominent players in the global wearable injectors market are Medtronic, Insulet Corporation, Tandem Diabetes Care, Amgen, Ypsomed, Becton Dickinson and Company, Enable Injections, Debiotech, Inc., Cellnovo, and Valeritas among others.
Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing population, continuously growing economy, increasing burden of chronic diseases and increasing adoption of technologies is anticipated to present a lucrative growth scenario for the wearable injectors market in this region. Furthermore, improving healthcare facilities, coupled with supportive government healthcare regulations and norms is expected to present an attractive growth prospect for the market in the coming years.
Segmentation by Type, Application and End User
The segmentation of the global wearable injectors market can be done on the basis of type, application, and end user. The wearable injectors market on the basis of type is segmented as on-body injectors, off-body injectors, and accessories. The on-body wearable injectors market is predicted to dominate the market in terms of market share. This domination can be credited to the rising demand for wearable devices. The expansion of the segment can be accounted for by the need for devices that continuously monitor glucose, the rise in the number of diabetic patients across the globe and the need for insulin pumps for diabetic patients. The global wearable injectors market can be segmented on the basis of application into cardiovascular disease, diabetes, oncology, and other applications. The segment of diabetes within the application segment is likely to hold the largest market share in the Wearable injectors market.
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Some key points for TOC
1. GLOBAL WEARABLE INJECTORS MARKET - ANALYSIS & FORECAST, BY TYPE
1.1. Introduction & Definition
1.2. Off-Body Injectors
1.3. On- Body Injectors
1.4. Hand Held
1.5. Accessories
2. GLOBAL WEARABLE INJECTORS MARKET - ANALYSIS & FORECAST, BY APPLICATION
2.1. Introduction & Definition
2.2. Diabetes
2.3. Oncology
2.4. Cardiovascular Diseases
2.5. Others
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