Wearable Injectors Market size was valued at US 9.3 Bn. in 2022 and the total Insulation revenue is expected to grow by 15.2% from 2023 to 2029, reaching nearly USD 25.07 Bn.
Wearable Injectors Market Scope
MMR’s research provides a comprehensive overview of the Wearable Injectors market, identifying the leading global companies based on factors such as volume, value, market share, strategies, and industry growth. The research also offers strategies for existing and new market entrants, and is expected to help businesses improve their market position. The report includes market revenue by region and country, as well as segmentation by type and end users.
Wearable Injectors Market Overview
The Global Wearable Injectors Market 2021 report by Maximize Market Research is a comprehensive analysis of the market, including its regional insights, changing trends, industry environment, and key players. The report is based on both primary and secondary research, and the results are presented in a logical and easy-to-understand format.
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Wearable Injectors Market Segmentation
By Kind, In 2022, the biggest revenue share (55.56%) went to on-body wearable injectors due to rising demand and the ease of skin-contact patches. Body-wear patch injectors have a considerably larger market share than off-body worn injectors. Body-worn patch injector systems provide an easy way for patients to subcutaneously give essential medication.Additionally, increased acceptance rates and technological advancements are driving the global need for body-worn patch injectors.
Through Technology The segment with the largest share in 2022 was wearable injectors based on springs (34.91%). Since spring-based devices are easy to use and enable patients to correctly inject medication subcutaneously by pushing one or more buttons, it is anticipated that this segment of the market would dominate. A study claims that the spring-based wearable Subcuject injector accurately delivers a viscous dosage of 3 mL and 1 cP in 4 minutes. During the projection period, rotary pump wearable injectors are expected to grow at the fastest CAGR of 15.47% due to its ease of use compared to other wearable injectors.
Through End-user In 2022, the wearable injectors market was dominated by the home care category, which held a market share of around 41.8%. The market is growing as a result of declining hospital stays, rising demand for home healthcare services, and the requirement for advanced pharmaceutical delivery systems that need minimum technical expertise. The low cost of wearable injectors and the increased desire to save healthcare expenditures are expected to drive the home care sector as well.
1 Global Wearable Injectors Market, by Type (2022-2029)
• On-body
• Off-body
2 Global Wearable Injectors Market, by Technology Outlook (2022-2029)
• Spring-based
• Motor-driven
• Rotary Pum
• Expanding Battery
• Other
3 Global Wearable Injectors Market, by Application Area (2022-2029)
• Oncology
• Infectious Disease
• Cardiovascular Disease
• Autoimmune Disease
• Other
4 Global Wearable Injectors Market, by End-User (2022-2029)
• Hospital
• Clinic
• Home Care
• Others
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Wearable Injectors Market Key Players
1. Amgen (US)
2. Becton, Dickinson and Company(US)
3. Steadymed Therapeutics(US)
4. Therapeutics(US)
5. Tandem Diabetes Care, Inc..(US)
6. West Pharmaceutical Services, Inc.(US)
7. Dexcom, Inc.(US)
8. United Therapeutics Corporation(US)
9. Enable Injections(US)
10. Insulet Corporation(US)
11. Medtronic PLC(US)
12. Sensile Medical (A Part of Gerresheimer)(Germany)
13. Sensile Medicals( Israel)
14. E3D Elcam Drug Delivery Devices( Israel)
15. Bespak(UK)
16. Cequr SA(Switzerland)
17. Debiotech S.A(Switzerland)
18. Ypsomed(Switzerland)
19. Zealand Pharma A/S(Denmark)
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Regional Analysis
The report is focused on the five most important regions for the Wearable Injectors market: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. These regions are responsible for the majority of the world’s Wearable Injectors consumption.
Key Questions answered in the Wearable Injectors Market Report are:
- What is Wearable Injectors?
- What is the forecast period of the Wearable Injectors Market?
- What is the competitive scenario of the Wearable Injectors market?
- Which region held the largest market share in the Wearable Injectors Market?
- What are the opportunities for the Wearable Injectors Market?
- What are the restraining factors in the Wearable Injectors market?
- Who are the key players of the Wearable Injectors market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Wearable Injectors#
- Landscape- Leading key players and other prominent key players.
- Price Trends
- Key Opinion Leaders Offerings
- Government Initiatives
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