LONDON–(BUSINESS WIRE)–The global wearable injectors market size is poised to grow by USD 4.12 billion during 2020-2024, according to a new report by Technavio, progressing at a CAGR of close to 11% during the forecast period. Request Free Sample Pages
Read the 144-page research report with TOC on “Wearable Injectors Market Analysis Report by product (on-body wearable injectors, and off-body wearable injectors) and geography (North America, Europe, Asia, and ROW) 2020-2024”.
The market is driven by the increasing demand for self-administrative drug delivery devices. Also, technological advancements in wearable injectors are anticipated to further boost the growth of the wearable injectors market.
Specific drug delivery systems have recently become available for patients, which facilitate self-administration and thus, ensure patient’s adherence to medication. Self-administration of drugs improves health outcomes and reduces the admission rate at hospitals and clinics for regular treatment. A wearable injector is a specific type of self-injector drug delivery device that is widely accepted by healthcare professionals and patients worldwide. Thus, the increasing demand for self-administrative drug delivery devices will drive the growth of the market during the forecast period.
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Major Five Wearable Injectors Companies:
Amgen Inc. discovers, develops, manufactures, and delivers innovative human therapeutics. The company’s offerings include Neulasta Onpro, which is an on-body injector system, designed to automatically deliver Neulasta, an artificial protein that stimulates the growth of white blood cells in the body.
Becton, Dickinson and Co.
Becton, Dickinson and Co. has business operations under three segments, namely medical, life sciences, and interventional. The company’s key offerings include BD Libertas wearable autoinjector, which is an innovative, automatic, hands-free injection system, specially designed to deliver a wide range of therapeutic drugs subcutaneously.
Enable Injections Inc.
Enable Injections Inc. operates its business through various segments, which include enFuse on-body infusor, enFuse on-body platform, syringe transfer system, vial transfer system, reconstitution transfer system, human factors, and enable smart enFuse. The company offers enFuse on-body infusor, a drug delivery device with unique technology, mainly designed for self-administration of high-volume drugs.
Gerresheimer AG develops and manufactures intelligent drug delivery systems. It offers patented micropumps, which are used for self-administration of medicines for diabetes or Parkinson’s disease. The company’s offering includes the D-mine pump, which is a disposable, belt-worn, automated infusion pump with flexible flowrates.
Insulet Corp. offers Omnipod delivery system and insulin management devices. Omnipod is an automated on-body drug delivery platform incorporated with programmable technology to provide improved adherence.
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Wearable Injectors Deployment Outlook (Revenue, USD Million, 2020-2024)
- On-body wearable injectors
- Off-body wearable injectors
Wearable injectors Regional Outlook (Revenue, USD Million, 2020-2024)
- North America
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