Needle Free Drug Delivery Devices Market Industry Analysis, Size, Share, Growth, Trends, and Forecast till 2025
Global Needle-Free Drug Delivery Devices Market
report, published by UnivDatos Market Insights (UMI), is expected to reach US$
15.7 billion by 2025 at a reasonable CAGR of 10% during the forecast period
(2018-2025). Increased prevalence of diseases, self-administration and
stringent government regulations on medical devices are the major factors
driving the global needle-free drug delivery devices market. Moreover, risk
attached with the hypodermic needles especially needlestick and sharp injuries
along with blood borne viruses such as HIV, hepatitis B have
significantly fostered the demand for needle-free drug delivery devices,
majorly in the developed and developing regions. Drug delivery plays a critical
role in the human healthcare system where around 12 billion injections are
administered annually for medical purposes, out of which 3% are used for
immunization purposes. Throughout the world, 0.7% of deaths and 0.6% of
disability-adjusted life years are caused by reused or non-sterilized
injections in the healthcare system.
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In addition to this,
worldwide needle-free drug delivery devices are also recognized for there
self-administration of medicine. These are user-friendly devices, cause no
bleeding and do not require healthcare staff assistance while using on
patients. The injecting device consists of a drug chamber that is made up of
plastic and nozzle of the device allows the drug to pass from the orifice.
Furthermore, expanding the popularity of needle-free devices is largely owed to
the aging population, chronic illness and
patients suffering from trypanophobia. According to the surveys
held in 2017, it was estimated that 91% of the patients were satisfied with the
needle-free drug delivery technique.
These devices are
suitable and safe for delivery of drugs to some of the most sensitive parts of
the body such as cornea and other complicated human body parts. Some of the
available needle-free drug delivery devices are Biojector, Jupiter jet,
Vitajet-3 and Chemlock among others. Needle-free drug delivery device market is
prone to new innovation and technological advancements. Thereby, ultra-fine
stream in the form of liquid, gas or powder penetrates through the skin layers
to deliver the drug immediately into the systemic circulation. Liquid injection
holds the largest share and is anticipated to show a remarkable earning of US$
7.4 billion in 2025.
The needle-free drug
delivery device has many application, insulin delivery being the most prominent
application of needle free drug delivery device. Over needled intake of
insulin, needleless intake has many advantages such as consistent fast delivery
of insulin, no safety issues regarding disposal of needles, no premature
withdrawal of the needle, reusable consumables and reduced pain. The
needle-free insulin drug delivery market generated revenue of US$ 2.7 billion
in 2017.
Injecting drugs into
the host without a needle is solving several complexities which occurred during
injecting needles. The easy procedure of point and click method ensure the
accuracy and efficiency of the needle-free devices. The gas powered jet
injector is effective in powering the needle-free injection system over spring
and battery-powered jet injector. According to the global needle-free drug
delivery devices market report, published by UMI, the revenue of gas-powered
jet injector system stood at US$ 2.0 billion in 2017.
Additionally, for a
deep dive analysis of the industry, detailed study is conducted to analyze the
adoption rate of needle-free drug-device in different regions including North
America, Europe, Asia-Pacific and the rest of the world. Rest of the world
comprise Latin America and Middle East regions. In 2018, North America
dominated the global needle free drug delivery devices market and is
anticipated to remain dominant during the forecast period. However,
Asia-Pacific, owing to increasing cases of chronic diseases paired with rising
elderly population, is expected to witness the highest CAGR growth during the
forecast period 2018-2025.
Some of the major
players operating in the needle-free
drug delivery device market are Antares Pharma, Consort Medical, Crossject,
Inovio Pharmaceuticals, Injex Pharma, Medical International Technology,
Valeritas, Zasona, 3M, and Pharmajet. These players consistently aim to focus
on needle-free drug delivery technology innovations and manufacturing along
with their packaging styles to expand their customer base and strengthen their
market position.
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free to contact us for any queries – https://univdatos.com/request_form/form/159
Market Segmentation
Market Insight by
Products
Prefilled needle-free
injection systems
Fillable needle-free
injection systems
Market Insight by
Technology
Jet injectors
Transdermal drug
delivery systems
Inhaler technology
Market Insight by
Application
Insulin delivery
Vaccinations
Pediatric injections
Pain management
Market Insight by
Injection Method
Powder injections
Liquid injections
Depot or projectile
injection
Market Insight by
Source of Power
Spring load jet
Injector systems
Gas powdered jet
injector
Battery powdered jet injector
system
Market Insight by
Region
North America
Europe
Asia-Pacific
Rest of the World
The Needle Free
Drug Delivery Devices Market can
be customized to the country level or any other market segment. Besides this, UMI
understands that you may have your own business need, hence we also provide
fully customized solutions to clients.
Contact Us
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Labels: Healthcare, Healthcare Market Research, Needle Free Drug Delivery Devices Market, Needle-Free Devices Market, Needle-Free Devices Market Size, Needle-Free Technologies
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