The Rise of Smart Auto-Injectors: Beyond Basic Drug Delivery
Global auto-injectors market is anticipated to grow at a significant CAGR of 15.1% during the forecast period (2024-2031). The main factors driving this expansion include the rising incidence of chronic illness, the rise in demand for self-administration tools, and improvements in drug delivery technology. However, the expensive cost of auto-injectors and worries about device malfunctions might somewhat impede market expansion. Companies are concentrating on innovation and diversifying their product portfolios to satisfy a range of patients’ needs as the market gets more and more competitive.
Browse the full report description of “Auto-Injectors Market Size, Share & Trends Analysis Report by Type (Disposable Auto-injectors, and Reusable Auto-injectors), by Application (Rheumatoid Arthritis, Multiple Sclerosis, Anaphylaxis, and Others), and by End-User (Home Care Settings, Hospitals & Clinics, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/auto-injectors-market
Recent Market Developments
- In April 2024, scPharmaceuticals enrolled the first patient in the key pharmacokinetic study of furosemide, or SCP-111, which is administered via auto-injector.
- In January 2024, FUJIFILM Diosynth Biotechnologies entered a strategic relationship with SHL Medical to increase the offerings of the former company's finished goods auto-injectors.
- In September 2023, Ypsomed, a Switzerland-based company, and Novo Nordisk reached an agreement to supply the former company’s YpsoMate 1 mL auto-injectors for various medications (that are now undergoing clinical trials).
- In April 2022, Halozyme acquired Antares Pharma, for about $960.0 million, or $5.6 per share to enter the auto-injector realm. The company's new acquisition is brought to use auto-injector technologies to add to Halozyme's drug delivery technology.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Type
o By Application
o By End-user
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape - Antares Pharma, Inc., Bayer AG, Becton, Dickinson and Co., Eli Lilly and Co., and Novartis International AG among others.
The key question addressed by the Report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Auto-Injectors Market Report segment
By Type
- Disposable Auto-injectors
- Reusable Auto-injectors
By Application
- Rheumatoid Arthritis
- Multiple Sclerosis
- Anaphylaxis
- Others (Cardiovascular Diseases, and Anemia)
By End-Users
- Home Care Settings
- Hospitals & Clinics
- Others (Research Laboratories)
Global Auto-Injectors Market reports segmented by region
North America
• United States
• Canada
Europe
• UK
• Italy
• Spain
• Germany
• France
• Rest of Europe
Asia-Pacific
• India
• China
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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