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Injectable Drug Delivery Market Size, Industry Analysis Report By Product Type (Self-Injectors, Needle-free Injectors, Auto-Injectors), By Usage (Disposable Injectors, Reusable Injectors), By Distribution Channels (Hospital Pharmacies, Retail Pharmacies, E-commerce) & Region – Forecasts

  • PUBLISHED ON
  • 2024-10-03
  • NO OF PAGES
  • 215
  • CATEGORY
  • Healthcare & Life Sciences
Global Injectable Drug Delivery Market – Overview
It is estimated for the injected drug delivery market to witness growth at a CAGR of 7.8% during the forecast period of 2022 to 2030. The market witnessed growth at a CAGR of 6.4% during the forecast period of 2018 to 2021. Sterile injectable drugs are a type of parenteral drug, which is a class of drugs that are not taken orally and absorbed through the digestive tract. The health improving factors offered by these form of drugs is estimated to boost the growth of the market during the forecast period.

Global Injectable Drug Delivery Market – Growth Factors
The growth in the research and development segment with respect to medical sciences is offering a vast amount of developed drugs to cure a vast number of resources and to provide relief from the disease in a quicker manner these drugs are provided to the patients in the form of injection rather than in the form of capsules and this factor is estimated to boost the growth of the market during the forecast period. The growing number of health awareness among the population leading them to consult medical staff at regular intervals in order to keep themselves is also estimated to drive the growth of the market at a healthy rate. Apart from this, the growing number of hospitals is also estimated to drive the growth of the market during the forecast period.

Global Injectable Drug Delivery Market – Market Trends
• The growth in the research and development segment with respect to medical sciences is offering a vast amount of developed drugs to cure a vast number of resources and to provide relief from the disease in a quicker manner these drugs are provided to the patients in the form of injection rather than in the form of capsules and this factor is estimated t boost the growth of the market during the forecast period.
• The growing number of health awareness among the population leading them to consult medical staff at regular intervals in order to keep themselves is also estimated to drive the growth of the market at a healthy rate.
• Apart from this, the growing number of hospitals is also estimated to drive the growth of the market during the forecast period.

Global Injectable Drug Delivery Market – Segmentation
The Global Injectable Drug Delivery Market is segmented based on product type, usage and distribution channel.

Based on product type, the market is segmented into
• Self-Injectors
• Needle-free Injectors
• Auto-Injectors

Based on usage, the market is segmented into,
• Disposable Injectors
• Reusable Injectors

Based on distribution channels, the market is segmented into,
• Hospital Pharmacies
• Retail Pharmacies
• E-commerce

Global Injectable Drug Delivery Market – Regional Analysis
It is estimated for the region of US to drive the growth of the market during the forecast period. The growing in the technological advancements in the food sector in the region is estimated to foster the growth of the market during the forecast period. The region of Europe is estimated to witness growth at a healthy rate during the forecast period. The Asia Pacific region is also estimated to witness a notable growth rate in the market.

Global Injectable Drug Delivery Market – Key Market players
Amgen Inc., Antares Pharma Inc., Becton, Dickinson and Company, Consort Medical Plc (Bespak), Crossjet, Medtronic plc, Mylan N.V., SHL Group, West Pharmaceutical Services, and Ypsomed are the major companies that are driving the growth of the market during the forecast period.

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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