Global Needle-Free Injection System Market, Industry Insights by Product, Type, Usability, Application & End-User - Analysis and Forecast 2024


Posted July 10, 2019 by vynzresearch

The global needle-free injection system market is growing at a significant rate, due to mounting occurrence of chronic diseases, and technological improvement.

 
The global needle-free injection system market is growing at a significant rate, due to the mounting occurrence of chronic diseases, and technological improvement. Different types contributed to the needle-free injection system market size. The market has witnessed a high demand for liquid-based needle-free injectors due to Benefits of this type have extracted the awareness of various market players.

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The different technologies in the market are vibration-based, spring-based, jet-based and laser-powered. Among all technologies, the jet-based needle-free injectors are expected to grow at the fastest rate and accounted for the largest share in the needle-free injection system market, due to its benefits over other technologies.

On the basis of application, the market is subdivided into oncology, vaccine delivery, pain management, insulin delivery, and others. The mounting occurrence of chronic diseases, budding inclination for self-medication and technological improvements are the factors growing the demand for vaccine delivery application. Among all applications, the vaccine delivery is expected to grow at the fastest rate in the needle-free injection system market.

The mounting occurrence of chronic diseases, upsurge in demand for self-injection devices, expanding the geriatric population, and mounting occurrence of communicable diseases owing to needlestick injuries are the primary growth drivers for needle-free injection system market.

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North America is the largest needle-free injection system market as in the region the prevalence of the chronic disease is increasing. Europe is observed to witness the fastest growth in the market, due to mounting healthcare expenditure and escalating need for biologics.

Key players in the needle-free injection system market are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. Antares Pharma, Inc., European Pharma Group, National Medical Products, Inc., Endo International PLC, Penject Corporation, Injex Pharma AG, Pharmajet, Valeritas, Inc., Medical International Technology, Inc. (MIT), National Medical Products, Inc. and Crossject are the key players offering needle-free injection system.

Source: VynZ Research
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Last Updated July 10, 2019