Global Wearable Injectors Market Analysis By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 1/12/2023
- NO OF PAGES
- 217
- CATEGORY
- Healthcare & Life Sciences
Market Overview:
The global Wearable Injectors Market size was valued at USD 5.56 billion in 2022, and is projected to reach USD 17.57 billion by 2032 at a CAGR of 11.5% from 2022 to 2032. The Wearable Injectors Market refers to devices that are designed to administer large volume drugs to patients subcutaneously or intramuscularly. These devices are wearable and can be attached to the body of the patient. They are also designed to be user-friendly and can be programmed to deliver the medication automatically. The main aim of these devices is to provide a pain-free and easy way of administering medication to patients. The trend in the wearable injectors market growth is towards the development of smart injectors that can monitor the dosage and delivery of the medication. There is also a growing demand for injectors that can be programmed to deliver the medication at specific intervals. Wearable Injectors Market growth is also being driven by the increasing prevalence of chronic diseases such as diabetes, cancer, and cardiovascular diseases. Opportunities in the wearable injectors market share include the development of injectors that can be used for the delivery of biologics and biosimilars. There is also an opportunity for the development of injectors that can be used for the delivery of vaccines. Another opportunity in Wearable Injectors Market is the development of injectors that can be used for the self-administration of medication. In addition, the increasing trend of remote patient monitoring is expected to drive the wearable injectors market share. This is due to the fact that wearable injectors can be used to administer medication to patients who are not able to visit a healthcare facility for treatment.
As wearable injectors may involve advanced technology and high production costs, manufacturers may need to price their products accordingly to ensure profitability. Economic factors such as inflation, currency exchange rates, and supply chain disruptions can also impact the cost of production and distribution, which can ultimately affect the price of wearable injectors for consumers. Additionally, economic factors such as healthcare spending and insurance coverage can influence the demand for wearable injectors and the ability of patients to access and afford them. Overall, the wearable injectors market size is expected to experience significant growth in the coming years, driven by technological advancements, the increasing prevalence of chronic diseases, and the trend towards remote patient monitoring.
Growing prevalence of chronic diseases is propelling Wearable Injectors Market growth.
One driving factor of the Wearable Injectors market is the increasing prevalence of chronic diseases such as diabetes, cancer, and autoimmune diseases, which require frequent administration of medications. Wearable injectors offer a convenient and comfortable way for patients to self-administer these medications, without having to visit healthcare facilities. Additionally, these devices can improve medication adherence, reduce healthcare costs, and improve patient outcomes. The growing demand for patient-centric healthcare, coupled with advancements in wearable technology, is expected to drive the growth of the wearable injectors market.
Segmentation:
· On the basis of product type, Wearable Injectors Market can be segmented into on-body wearable injectors and off-body wearable injectors.
· On the basis of usage, Wearable Injectors Market can be segmented into disposable wearable injectors and reusable wearable injectors.
· On the basis of therapeutic area, Wearable Injectors Market can be segmented into oncology, autoimmune disorders, cardiovascular diseases, infectious diseases, and others.
· On the basis of distribution channel, Wearable Injectors Market can be segmented into hospitals, online pharmacies, retail pharmacies, and others.
· On the basis of end-user, Wearable Injectors Market can be segmented into hospitals, home care settings, and others.
Geography:
The wearable injectors market is dominated by North America due to several factors. First, North America has a well-established healthcare system and is home to many leading pharmaceutical and biotechnology companies. This region is also known for its advanced medical technology, which includes wearable injectors. Additionally, there is a high prevalence of chronic diseases in North America, such as cancer and diabetes, which require frequent injections. This has led to an increase in demand for wearable injectors as they offer a convenient and efficient way to administer medication. Furthermore, the presence of a large geriatric population in North America has also contributed to the growth of the wearable injectors market, as older adults often require regular injections for the treatment of chronic conditions. Overall, these factors have helped North America emerge as the dominant region in the wearable injectors market.
Impact of COVID-19 on the global Wearable Injectors Market:
The COVID-19 pandemic has had a mixed impact on the wearable injectors market. On one hand, the demand for wearable injectors has increased due to the need for remote patient monitoring and self-administration of drugs during the pandemic. Patients are opting for wearable injectors over traditional injectors to minimize the need for hospital visits and reduce the risk of exposure to the virus. On the other hand, the pandemic has disrupted the global supply chain and manufacturing processes, leading to delays and shortages of raw materials and components required for the production of wearable injectors. This has impacted the production and sales of wearable injectors in some regions, leading to decreased revenue and growth opportunities for some companies.
Overall, the impact of COVID-19 on the wearable injectors market has been mixed, with both positive and negative effects.
Impact of the Russia-Ukraine War on the global Wearable Injectors Market:
The ongoing conflict between Russia and Ukraine has the potential to impact various industries and markets, including the global economy. The war has caused instability in the region, leading to economic and political uncertainty that can have a ripple effect on other countries and markets. In the case of the Wearable Injectors Market, the impact of the war on Wearable Injectors Market may not be as significant compared to other industries. However, the conflict could potentially disrupt the supply chain of wearable injectors and its components, as the war-torn region is a major manufacturing hub for medical devices. The disruption of the supply chain can lead to a shortage of products, which may impact the availability of wearable injectors in Wearable Injectors Market. Additionally, the economic instability in the region could also affect the overall demand for medical devices, including wearable injectors. It is worth noting that the impact of the war on the Wearable Injectors Market may vary depending on Wearable Injectors Market's geographical location and its reliance on the affected regions. Overall, it is crucial to monitor the situation closely and evaluate the potential impact on the industry to make informed business decisions.
Company Profiles:
· Insulet Corporation
· Medtronic Plc
· Becton, Dickinson and Company
· Gerresheimer AG
· Ypsomed AG
· West Pharmaceutical Services, Inc.
· Enable Injections
· Sensile Medical AG
· Stevanato Group
· CeQur SA
· Debiotech SA
· Unilife Corporation
· Bespak Europe Ltd.
· Biocorp
· Elcam Medical.
Key Benefits:• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Wearable Injectors market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Wearable Injectors would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Wearable Injectors Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Wearable Injectors Revenue
1.4 Market Analysis by Type
1.4.1 Global Wearable Injectors Market Size Growth Rate by Type: 2023 VS 2032
1.4.2 Electronical Injectors
1.4.3 Mechanical Injectors
1.5 Market by Application
1.5.1 Global Wearable Injectors Market Share by Application: 2023-2032
1.5.2 Cancer
1.5.3 Infectious Disease
1.5.4 Autoimmune Disorder
1.5.5 Cardiovascular Disease
1.5.6 Blood Disorder
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Wearable Injectors Market
1.8.1 Global Wearable Injectors Market Status and Outlook (2017-2032)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Wearable Injectors Production Capacity Market Share by Manufacturers (2017-2022)
2.2 Global Wearable Injectors Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Wearable Injectors Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Wearable Injectors Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Wearable Injectors Sales Volume Market Share by Region (2017-2022)
3.2 Global Wearable Injectors Sales Revenue Market Share by Region (2017-2022)
3.3 North America Wearable Injectors Sales Volume
3.3.1 North America Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.3.2 North America Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.4 East Asia Wearable Injectors Sales Volume
3.4.1 East Asia Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.4.2 East Asia Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.5 Europe Wearable Injectors Sales Volume (2017-2022)
3.5.1 Europe Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.5.2 Europe Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.6 South Asia Wearable Injectors Sales Volume (2017-2022)
3.6.1 South Asia Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.6.2 South Asia Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.7 Southeast Asia Wearable Injectors Sales Volume (2017-2022)
3.7.1 Southeast Asia Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.7.2 Southeast Asia Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.8 Middle East Wearable Injectors Sales Volume (2017-2022)
3.8.1 Middle East Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.8.2 Middle East Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.9 Africa Wearable Injectors Sales Volume (2017-2022)
3.9.1 Africa Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.9.2 Africa Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.10 Oceania Wearable Injectors Sales Volume (2017-2022)
3.10.1 Oceania Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.10.2 Oceania Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.11 South America Wearable Injectors Sales Volume (2017-2022)
3.11.1 South America Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.11.2 South America Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
3.12 Rest of the World Wearable Injectors Sales Volume (2017-2022)
3.12.1 Rest of the World Wearable Injectors Sales Volume Growth Rate (2017-2022)
3.12.2 Rest of the World Wearable Injectors Sales Volume Capacity, Revenue, Price and Gross Margin (2017-2022)
4 North America
4.1 North America Wearable Injectors Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Wearable Injectors Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Wearable Injectors Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Wearable Injectors Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Wearable Injectors Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Wearable Injectors Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Wearable Injectors Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Wearable Injectors Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Wearable Injectors Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Wearable Injectors Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Wearable Injectors Sales Volume Market Share by Type (2017-2022)
14.2 Global Wearable Injectors Sales Revenue Market Share by Type (2017-2022)
14.3 Global Wearable Injectors Sales Price by Type (2017-2022)
15 Consumption Analysis by Application
15.1 Global Wearable Injectors Consumption Volume by Application (2017-2022)
15.2 Global Wearable Injectors Consumption Value by Application (2017-2022)
16 Company Profiles and Key Figures in Wearable Injectors Business
16.1 Becton
16.1.1 Becton Company Profile
16.1.2 Becton Wearable Injectors Product Specification
16.1.3 Becton Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.2 Dickinson and Company
16.2.1 Dickinson and Company Company Profile
16.2.2 Dickinson and Company Wearable Injectors Product Specification
16.2.3 Dickinson and Company Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.3 Medtronic
16.3.1 Medtronic Company Profile
16.3.2 Medtronic Wearable Injectors Product Specification
16.3.3 Medtronic Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.4 Johnson & Johnson
16.4.1 Johnson & Johnson Company Profile
16.4.2 Johnson & Johnson Wearable Injectors Product Specification
16.4.3 Johnson & Johnson Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.5 Insulet Corporation
16.5.1 Insulet Corporation Company Profile
16.5.2 Insulet Corporation Wearable Injectors Product Specification
16.5.3 Insulet Corporation Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.6 Unilife Corporation
16.6.1 Unilife Corporation Company Profile
16.6.2 Unilife Corporation Wearable Injectors Product Specification
16.6.3 Unilife Corporation Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.7 Enable Injections
16.7.1 Enable Injections Company Profile
16.7.2 Enable Injections Wearable Injectors Product Specification
16.7.3 Enable Injections Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.8 SteadyMed
16.8.1 SteadyMed Company Profile
16.8.2 SteadyMed Wearable Injectors Product Specification
16.8.3 SteadyMed Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.9 Ypsomed Group
16.9.1 Ypsomed Group Company Profile
16.9.2 Ypsomed Group Wearable Injectors Product Specification
16.9.3 Ypsomed Group Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.10 West Pharmaceutical Services
16.10.1 West Pharmaceutical Services Company Profile
16.10.2 West Pharmaceutical Services Wearable Injectors Product Specification
16.10.3 West Pharmaceutical Services Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.11 Unilife
16.11.1 Unilife Company Profile
16.11.2 Unilife Wearable Injectors Product Specification
16.11.3 Unilife Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.12 CeQur
16.12.1 CeQur Company Profile
16.12.2 CeQur Wearable Injectors Product Specification
16.12.3 CeQur Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.13 Sensile Medical
16.13.1 Sensile Medical Company Profile
16.13.2 Sensile Medical Wearable Injectors Product Specification
16.13.3 Sensile Medical Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.14 BD Medical
16.14.1 BD Medical Company Profile
16.14.2 BD Medical Wearable Injectors Product Specification
16.14.3 BD Medical Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.15 Roche
16.15.1 Roche Company Profile
16.15.2 Roche Wearable Injectors Product Specification
16.15.3 Roche Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.16 ScPharmaceuticals
16.16.1 ScPharmaceuticals Company Profile
16.16.2 ScPharmaceuticals Wearable Injectors Product Specification
16.16.3 ScPharmaceuticals Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.17 SteadyMed
16.17.1 SteadyMed Company Profile
16.17.2 SteadyMed Wearable Injectors Product Specification
16.17.3 SteadyMed Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
16.18 J & J
16.18.1 J & J Company Profile
16.18.2 J & J Wearable Injectors Product Specification
16.18.3 J & J Wearable Injectors Production Capacity, Revenue, Price and Gross Margin (2017-2022)
17 Wearable Injectors Manufacturing Cost Analysis
17.1 Wearable Injectors Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Wearable Injectors
17.4 Wearable Injectors Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Wearable Injectors Distributors List
18.3 Wearable Injectors Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Wearable Injectors (2023-2032)
20.2 Global Forecasted Revenue of Wearable Injectors (2023-2032)
20.3 Global Forecasted Price of Wearable Injectors (2017-2032)
20.4 Global Forecasted Production of Wearable Injectors by Region (2023-2032)
20.4.1 North America Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.2 East Asia Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.3 Europe Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.4 South Asia Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.5 Southeast Asia Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.6 Middle East Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.7 Africa Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.8 Oceania Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.9 South America Wearable Injectors Production, Revenue Forecast (2023-2032)
20.4.10 Rest of the World Wearable Injectors Production, Revenue Forecast (2023-2032)
20.5 Forecast by Type and by Application (2023-2032)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2023-2032)
20.5.2 Global Forecasted Consumption of Wearable Injectors by Application (2023-2032)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Wearable Injectors by Country
21.2 East Asia Market Forecasted Consumption of Wearable Injectors by Country
21.3 Europe Market Forecasted Consumption of Wearable Injectors by Countriy
21.4 South Asia Forecasted Consumption of Wearable Injectors by Country
21.5 Southeast Asia Forecasted Consumption of Wearable Injectors by Country
21.6 Middle East Forecasted Consumption of Wearable Injectors by Country
21.7 Africa Forecasted Consumption of Wearable Injectors by Country
21.8 Oceania Forecasted Consumption of Wearable Injectors by Country
21.9 South America Forecasted Consumption of Wearable Injectors by Country
21.10 Rest of the world Forecasted Consumption of Wearable Injectors by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
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