Auto-Injectors Market: Global Industry Analysis, Size, Trends, Growth, Trends, and Forecast 2019 - 2029

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Auto-Injectors Market: Global Industry Analysis, Size, Trends, Growth, Trends, and Forecast 2019 - 2029

Status : May, 2021 | Medical Devices

Report Digest

Global Auto-Injectors Market: Overview

Auto injectors are devices used to self administer drugs by patients and thus make use of simplistic physical techniques that require no specialized training to implement. These devices are mostly useful for patients who require timely and regular administration of drugs and cannot be inconvenienced with regular visits to health care centers - an apt example of this is diabetes patients.

As per TMRR, the global auto-injectors market size is anticipated to exhibit a stellar double digit compound annual growth rate. Increase in prevalence of anaphylactic shock, rise in awareness about these devices and preferences of patients to choose auto-injectors are the key growth factors of this market.

Global Auto-Injectors Market: Competitive Landscape

The global auto-injectors market is highly competitive and vendor landscape if consolidated with a sizeable share of the market being held by few top players. They are actively seeking higher market share and are using a variety of strategies – organic and inorganic – to achieve this goal. Extensive research and development activities are common among prominent players. Key alliances are paving way for notable growth in the future for those who enter into strategic collaborations, based on mutual synergies.

Some of the top players operating in the global auto-injectors market are:

  • Eli Lilly
  • Scandinavian Health Ltd.
  • AbbVie, Inc.
  • Amgen
  • Owen Mumford
  • Ypsomed
  • Teva Pharmaceutical
  • Biogen Idec
  • Mylan N.V.
  • Pfizer, Inc.
  • Sanofi

Global Auto-Injectors Market:  Key Trends and Drivers

The forecast period stated above will witness the growth of auto-injectors market in a big way. As per TMR Research, it will be a result of interplay between numerous growth factors. The positively impacting trends and drivers are detailed out in the upcoming market study. Glimpse if provided below:

  • This market will find growth into the autoimmune diseases market owing to the frequent drug administration required in these diseases such as rheumatoid arthritis, multiple sclerosis, diabetes, anaphylaxis, and other similar therapies. The anaphylaxis segment accounted for a very large share of this market in 2018. This significant share can be attributed to the rising incidence of anaphylactic reactions due to food, medication, and an increasingly aware population.
  • As per the Asthma and Allergy Foundation of America, allergic conditions are the most common health issues affecting children in the U.S. In 2015, 8.8 million children suffered from skin allergies and 4.2 million from food allergies. In Europe, allergy is the most condition. Around 20% of patients with allergies fear of possible anaphylactic shock, asthma attack, or even death from these reactions.

Global Auto-Injectors Market:  Regional Analysis

North America topped the regional charts in 2018 and is expected to maintain its position over the coming years. This can be attributed to advanced healthcare infrastructure, and high demand for quality products, and the increasing age and hence increased incidence of autoimmune disorders one is likely to see in the resident population of this region. 

Asia Pacific is anticipated to grow at the fastest CAGR due to factors such as increasing incidence of diabetes owing to the Oriental diet and differences in metabolic processes from the Western populace and anaphylaxis due to food allergies in countries such as India, China, Japan, Singapore, & Australia. In 2017, around 50,000 children & adolescents below 20 years of age were living with type-1 diabetes in China. 

Market Segmentation

Global Auto-Injector Market, by Product Type

  • Disposable
  • Reusable

Global Auto-Injector Market, by Application

  • Anaphylaxis
  • Multiple Sclerosis
  • Diabetes
  • Allergies
  • Rheumatoid Arthritis
  • Others

Global Auto-Injector Market, by Distribution Channel

  • Online Retailer
  • Pharmacy
  • Others

Global Auto-Injector Market, by End User

  • Home Care Settings
  • Hospitals & Clinics
  • Ambulatory Surgical Centers

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?