Wearable Injectors Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 - 2025

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Wearable Injectors Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 - 2025

Status : May, 2020 | Medical Devices | PPT format

Report Digest


Global Wearable Injectors Market: Overview

Wearable injectors are devices that are designed to administer large volume subcutaneous delivery of drugs over long durations. These devices have the capacity to deliver more than 1 ml injectable volume. They represent one of the most important areas of the medical device market.

Wearable injectors are designed to deliver a single measured dosage of up to 30 ml over a pre-decided rate and time. On the other hand, insulin pump technology is complex and expensive as it requires administration of a consistent dosage on a regular basis.

Global Wearable Injectors Market: Key Trends

The global market for wearable injectors is primarily driven by the advantage offered by wearable injectors in terms of large volume subcutaneous delivery of drugs. Wearable injectors are easy to customize as per patient needs and offer a comfortable drug delivery experience to patients. Wearable injectors offer additional benefits over other drug delivery devices in terms of limiting the number of subcutaneous injections and reduced dosage frequency with an acceptable pain. These benefits result in improved patient compliance during the course of the treatment.

The global market for wearable injectors is divided in terms of wearable injector type, mechanism of injection, therapeutic area, usage, end user, and geography. On the basis of wearable injector type, on-body, off-body, and hand-held are the segments of the wearable injectors market. On the basis of usage, disposable and semi-reusable are the segments of this market. On the basis of mechanism of injection, the global market for wearable injectors is segmented into spring-based, rotary pump, expanding battery, collapsible reservoir, motor-driven, and pressurized gas.

In terms of therapeutic area, the wearable injectors market is categorized into oncology, infectious diseases, auto-immune disorders, diabetes, cardiovascular, and others. Based on end user, the global market for wearable injectors is divided into hospitals, home care settings, clinics, ambulatory surgery centers, and others.

Global Wearable Injectors Market: Market Potential

Wearable injectors have the potential to bring a sea of change in drug delivery practices. As demonstrated at the 2017 annual meeting of the American Association of Clinical Endocrinologists, wearable device that administers basal-prandial insulin have proven to be effective and efficient for insulin delivery in patients with type-2 diabetes.

A1c, insulin dosing, and weight were the parameters to analyze the effects of insulin delivered via syringe versus insulin delivered via a wearable injector. Studies carried out on patients that administered more than or two injections per day displayed significant reductions in A1c after using wearable injector for 15 weeks.

Global Wearable Injectors Market: Regional Outlook

North America is anticipated to lead the market owing to the easy availability of advanced technologies and state-of-the-art healthcare services in the U.S. In the U.S. and Japan, wearable injectors market is driven by the rising use of reusable technology and introduction of technologically advanced devices for drug delivery. In Eastern and Western Europe, easy availability of technology, efficacy in long term usage, better marketing, and an increasing number of patients are driving the wearable injectors market in these regions. In Latin America, the Middle East and Africa, and the Asia Pacific excluding Japan, the demand for reusable devices is expected to be on the rise due to the growing use of mobile applications.

Global Wearable Injectors Market: Competitive Landscape

The key players in the global market for wearable injectors include Enable Injections, SteadyMed Therapeutics Inc., Becton, Dickinson and Company, UNILIFE CORPORATION, Bühler Motor GmbH, Insulet Corporation, Sensile Medical AG, West Pharmaceuticals Services Inc., Ypsomed, and Amgen Inc.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

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

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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