About Injectable Drug Delivery Devices
Whether it's biologics for parenteral administration, asthma medications that require an inhaler, or chemotherapeutic treatments administered intravenously, the majority of the world's best-selling medicines require a drug delivery device. The method or process of delivering a pharmaceutical substance to create a therapeutic effect in people or animals is known as drug delivery. Nasal and pulmonary medication administration are becoming increasingly important in the treatment of human illnesses. These methods, especially for peptide and protein therapies, offer potential alternatives to parenteral drug administration. Drug delivery business is focused on developing methods to improve the injection experience for patients, such as using helpful reminders, self-use devices, linking to smartphones, and making syringes larger or smaller, as well as making containers kinder and smarter.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Injectable Drug Delivery Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Becton, Dickinson and Company (United States), Pfizer Inc. (United States), Teva Pharmaceuticals Industries Ltd. (Israel), Eli Lilly and Company (United States), Gerresheimer (Germany), Terumo Corporation (Japan), Ypsomed (Switzerland), Sandoz (Novartis AG) (Switzerland), B. Braun Melsungen (Germany) and Baxter International, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sulzer Ltd (Switzerland), Schott AG (Germany) and SHL Medical (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Injectable Drug Delivery Devices market by , Application (Auto-immune diseases, Hormonal Disorders, Orphan Diseases, Oncology and Others) and Region.
On the basis of geography, the market of Injectable Drug Delivery Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Pattern, the sub-segment i.e. Curative Care will boost the Injectable Drug Delivery Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Administration, the sub-segment i.e. Circulatory/Musculoskeletal will boost the Injectable Drug Delivery Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Hospitals will boost the Injectable Drug Delivery Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Ampules will boost the Injectable Drug Delivery Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technical Progress in Healthcare Industry
Market Growth Drivers:
Prevalence of Chronic Diseases and Demand for Self-Administered Injection Devices
Challenges:
Fierce Competitive Pressure and Regulatory Approval
Restraints:
Concerns Regarding Infections and Injuries and Defects and Product Recalls
Opportunities:
Growing Demand for Biosimilar and Generic Injectables
Market Leaders and their expansionary development strategies
On 24th August 2020 - Sulzer to Acquired Haselmeier (Leading Drug Delivery Device Developer and Manufacturer), Valued at EUR 100 million. Haselmeie's Novel Medication Delivery Devices, Such as Subcutaneous Self-Injection Pens, Will Be Included in The Deal for Use in Fast-Growing Healthcare Segments.
On 31st March 2020 – SHL Medical Acquired Weibel, the Acquisition is Aimed to Develop Novel Drug Delivery Systems with the Combination of Weibel’s R&D Expertise across Self-Administered Injectable Devices, Packaging Technologies and Delivery Systems Applied on Parenteral Drugs for Use at Home, At Point of Care, And at The Clinic.
Key Target Audience
Injectable Drug Delivery Devices Manufactures, New Entrants and Investors, Injectable Drug Delivery Devices Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.