The global Injectable Drug Delivery Market is expected to reach USD 1,235.53 Billion by 2027, according to a new report by Emergen Research. The growth of this market is attributed to the increase in the number of chronic diseases, which has led to the growing usage of disposable syringes. The cost-effectiveness and hassle-free procedure of the Injectable Drug Delivery devices is also an essential factor in the increasing demand for the product. Increasing research and development for the technological advancement of the devices in order to make them more convenient for the patients is augmenting the demand for the industry.
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Key participants include Terumo Corporation, Eli Lilly and Company, Becton, Dickson and Company, Pfizer, Inc., Baxter International, Inc., Schott AG, Bespak, Elcam Medical, Gerresheimer Ag, and Sandoz, among others.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
Injectable Drug Delivery Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the Injectable Drug Delivery
Radical Highlights of the Injectable Drug Delivery Market Report:
Comprehensive overview of the Injectable Drug Delivery market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and RD advancements on the Injectable Drug Delivery market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
The Devices accounted for the largest market share of the Injectable Drug Delivery Market in 2019. The self-injectable drug delivery device is expected to dominate the market among the devices over the forecast period due to its convenient usage and affordability.
Injectable drug delivery devices are widely used for the treatment of diabetes and oncology. Besides, growing cases of hormonal disorders due to change in lifestyle habits are also driving the demand of the devices.
The Homecare settings segment is expected to register the highest CAGR of 11.6% over the forecast period due to the rising shift of preference among patients from hospital to home care settings. Keeping in mind the current situation of pandemic, homecare settings is one of the best services for a patient in order to prevent transmission.
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The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2027
Forecast Years: 2020-2027
Emergen Research has segmented the global Injectable Drug Delivery Market on the basis of Product Type, Therapeutic Application, End-User, and region:
Product Type Outlook (Revenue, USD Billion; 2017-2027)
Formulations
Devices
Therapeutic Application Outlook (Revenue, USD Billion; 2017-2027)
Hormonal disorders
Autoimmune disorders
Oncology
Others
End-User Outlook (Revenue, USD Billion; 2017-2027)
Homecare settings
Hospitals Clinics
Others
Highlights of the Injectable Drug Delivery Market Report:
This research report focuses on the Injectable Drug Delivery Market overview, market share, demand and supply ratio, and import/export details, supply chain analysis, and others.
The report includes different approaches and procedures used by established market players for efficient business decisions.
The report offers detailed information regarding the production value, strategies adopted by the key market players, their products/services offerings, and many more.
The Injectable Drug Delivery Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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