The global injectable drug delivery device market is projected to witness a considerable growth rate by exhibiting a significant CAGR of 9.2%, during the forecast period. Rising incidence and treatment of chronic diseases such as CVD, cancer, diabetes, and other major diseases is one of the major factors augmenting the growth of the global injectable drug delivery devices market. According to the International Diabetes Federation, there are more than 425 million people living with diabetes across the globe. Moreover, in 2018, around 18 million new cases of cancer were registered across the globe, as per World Health Organization (WHO). Additionally, rising awareness towards vaccination is augmenting the demand for injectable drug delivery devices across the globe. Other factors that are raising the growth of the market are technological advancement, innovations and ongoing R&Ds for the introduction of minimally invasive drug delivery devices.
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One of the major factors restraining the growth of the market is unsafe injection practices by the physicians. Diseases including hepatitis B, hepatitis C, and HIV/AIDS can be passed through unsafe injections. The unsafe injection sometimes causes abscesses, septicemia & nerve damage, and hemorrhagic fevers, and malaria. The growing adoption of self-injectable drug delivery devices in emerging economies is an opportunity for market growth.
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Global Injectable Drug Delivery Device Market Segmentation
By Device Type
Conventional Drug Delivery Devices
Self-Injectable Drug Delivery Devices
Prefilled Syringes
Injectable Pens
Auto-Injectors
Needle-free Injectors
Others (Self- Flushing Infusion Bag)
By Application
CVD
Diabetes
Oncology
General Medication
Vaccination
Others (Autoimmune Disorders)
By End-User
Hospitals
Ambulatory Centers
Clinics
Homecare
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Becton, Dickinson and Co.
Baxter International, Inc.
Boehringer Ingelheim GmbH
Cardinal Health, Inc.
Crossject SA
Eli Lilly and Co.
Enable Injections, Inc.
Gerresheimer AG
GlaxoSmithKline PLC
Lifelong Meditech Pvt. Ltd.
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