Press release
Wearable Injectors Market to Grow at a CAGR of 7.1% during the Forecast Period 2023-2031: TMR Study
Wearable Injectors
The ๐ฐ๐๐๐ซ๐๐๐ฅ๐ ๐ข๐ง๐ฃ๐๐๐ญ๐จ๐ซ๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ is driven by the increasing preference for home healthcare and ongoing technological advancements in wearable injector design and manufacturing. The expanding healthcare sector globally contributes significantly to the rise in sales of wearable injectors.
Wearable injectors offer self-administered technology, facilitating regular medical dosage intake for patients. The necessity for precise medical fluid administration has brought wearable injectors to the forefront. Companies in the wearable injectors market are focusing on obtaining approvals and launching new products to diversify their product portfolios.
๐๐๐๐๐ฌ๐ฌ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Wearable injectors, advanced drug-delivery devices, automatically administer set doses to patients at optimal times, adhering to the body. They're pivotal for chronic conditions requiring regular injections, offering convenience and reducing healthcare burden by eliminating the need for clinic visits.
Subcutaneous injection, increasingly favored for antibody-based drugs, propels wearable injector market growth. Patch injectors, particularly for oncology drugs, see widespread use, while wearable infusion systems expand into neurology.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
BD, F. Hoffmann-La Roche Ltd., Tandem Diabetes Care, Inc., Insulet Corporation, Ypsomed AG, West Pharmaceutical Services, Inc., CeQur Corporation, Debiotech S.A., Sensile Medical AG (Gerresheimer AG), and United Therapeutics Corporation
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Type
On-body Wearable Injectors
Off-body Wearable Injectors
Application
Oncology
Diabetes
Autoimmune Disorders
Cardiovascular Diseases
Infectious Diseases
Others
End-user
Hospitals
Clinics
Home Care Settings
Others
๐๐ง๐ ๐จ๐ข๐ง๐ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐๐ซ๐๐๐ฅ๐ ๐๐ง๐ฃ๐๐๐ญ๐จ๐ซ ๐๐๐ฌ๐ข๐ ๐ง ๐๐ง๐ ๐๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐ข๐ง๐ ๐๐จ๐จ๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Technological advancements drive wearable injectors industry growth, enhancing drug delivery systems and facilitating the development of new drugs. The biopharmaceutical sector's expansion spurs innovation, boosting demand for wearable injectors.
Major manufacturers offer diverse prefillable syringes for vaccination needs, meeting evolving manufacturing requirements. Advanced products cater to chronic disease outcomes in diabetes, obesity, oncology, and autoimmune disorders, with self-injection systems gaining popularity for subcutaneous drug delivery across various volume and viscosity needs.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
In 2022, North America dominated the wearable injectors market, driven by advancements in medical research, wearable technology, and fluid administration. The region's focus on developing innovative technologies for subcutaneous fluid delivery further enhances market growth.
Key trends in North America include increased home healthcare expenditure and a shift towards patient-centric drug delivery. Spending on services from freestanding home healthcare agencies in the U.S. surged by 6.0% in 2022 to reach US$ 132.9 billion, a notable acceleration from previous years.
In Asia Pacific, the wearable injectors market is forecasted to steadily grow from 2023 to 2031. This growth is propelled by the increasing prevalence of chronic diseases and heightened healthcare awareness in the region.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐๐๐๐ซ๐๐๐ฅ๐ ๐๐ง๐ฃ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ
Inย October 2023,ย Enable Injections received the U.S. Food and Drug Administration approval for its enFuse injector for the delivery of Empaveli, commercialized by Apellis Pharmaceuticals, treats adults with paroxysmal nocturnal hemoglobinuria
Inย June 2023, LTS, a Germany-based company that develops and manufactures drug delivery systems acquired the "Sorrel" branch of Eitan Medical to benefit from Eitan's expertise and resources in wearable injector technology
Inย January 2023, BD (Becton, Dickinson and Company), a leading global medical technology company, was a Premium Partner at Pharmapack 2023 - the European hub for the pharmaceutical packaging and drug delivery device industry
๐๐๐ญ๐๐ข๐ง ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.transparencymarketresearch.com/checkout.php?rep_id=41969<ype=S&utm_source=OpenPR&utm_campaign=MansiR_OpenPR
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Integration of smart technology and connectivity features into wearable injectors
Collaborations and partnerships among pharmaceutical companies and device manufacturers
Expansion of product portfolios to cater to diverse therapeutic areas
Emphasis on user-friendly designs and patient-centric approaches
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The future of the wearable injectors market appears promising, with continued technological advancements, expanding applications across therapeutic areas, and a growing emphasis on personalized medicine driving innovation and market growth. Moreover, with an aging population and increasing healthcare awareness, wearable injectors are poised to become indispensable components of modern healthcare delivery systems.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
-Market size estimation and forecast analysis
-Identification of key market segments and their growth prospects
-Assessment of market drivers, challenges, and opportunities
-Regional analysis to identify growth hotspots and emerging markets
-Competitive landscape analysis, including profiling of key players and recent developments
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐๐ก๐ข๐๐ฅ๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/02/14/2607278/0/en/Vehicle-Services-Market-is-Projected-to-Grow-at-a-CAGR-of-4-0-from-2023-2031-Transparency-Market-Research-Inc.html
๐๐ฒ๐๐ซ๐ข๐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐๐จ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/02/15/2609091/0/en/Hybrid-Operating-Room-Market-to-reach-US-1-8-Billion-by-the-end-of-2031-Transparency-Market-Research-Inc.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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๐๐จ๐ง๐ญ๐๐๐ญ:
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