Global Needle-Free Injection Device Market 2018 Industry, Analysis, Research, Share, Growth, Trends, Supply, Forecast to 2023
The Needle-Free Injection Device Market was worth USD 7.36 billion in 2014 and is expected to reach approximately USD 26.72 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 15.41% during the forecast period.
Needle-Free Injection Device - Competitive Insights:
The leading players in the market are Akra Dermo-Jet, PharmaJet, Glide Pharma, The National Medical Products Co. Ltd, Zogenix, Valeritas Holdings, Antares Pharma Inc, CROSSJECT and Inovio Pharmaceuticals Inc. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Needle-Free Injection Device - Industry Outlook and Trend Analysis:
Needle free injection technology (NFIT) includes an extensive variety of drug delivery systems that drive medication through the skin utilizing any of the powers as Lorentz, shock waves, pressure by gas or electrophoresis which pushes the medication through the skin, virtually invalidating the utilization of hypodermic needle. The devices accordingly are accessible in reusable forms. Rather than the customary syringes, NFIT not only provides the user opportunity from unnecessary pain but tranquilizes as solid pallets can be administered. The future of this innovation is promising guaranteeing painless and very proficient drug delivery.
Needle-Free Injection Device - Drivers and Restraints:
Developing demand for self-administration and pain-free drug delivery is one of the key development stimulants of the market. The incorporation of these products is evaluated to advance patient's self-reliance alongside considerable reduction in hospital visits, in this manner decreasing clinic staff requirements and aggregate treatment cost. Furthermore, rapid progressions in technology are clearing path for these minimally invasive devices. Related advantages of such progressions incorporate moderate and controlled flow of medication into the body according to patient's needs, expanded portability, and minimal damage to the skin. Developing awareness in regards to the previously mentioned benefits is anticipated to make a rise in the interest for needle free drug delivery devices. One of the major disadvantages related with this innovation is postadministration "wetness" of the skin which may, if not dealt with, carry dust and other impurities.
The Needle-Free Injection Device Market is segmented as follows-
Needle-Free Injection Device - By Product:
Powder Injections
Liquid Injections
Depot or Projectile Injection
Needle-Free Injection Device - By End User:
Cosmetic Surgery Use
Drug Injection
Needle-Free Injection Device - Market Segmentation:
The Needle-Free Injection Device Market is segmented on the basis of product and end user. Based on product the market is segmented into Powder Injections, Liquid Injections and Depot or Projectile Injection. On the basis of end user the market is segmented into Cosmetic Surgery Use and Drug Injection.
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Needle-Free Injection Device - By Region:
North America - U.S, Canada, Mexico
Europe - Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Needle-Free Injection Device - Regional Outlook and Trend Analysis:
North America held the biggest income share of 41.0% in the worldwide market in 2015. This can be credited to increasing awareness among the patients in regards to the accessibility of novel products and expanding R&D ventures by conspicuous market players domiciled in this locale. Existence of well-structured repayment system is another factor boosting the provincial market. The Asia Pacific area holds noteworthy development potential.
Needle-Free Injection Device - Table of Contents:
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Market Overview
Chapter 4. Market Analysis by Regions
Chapter 5. Needle-Free Injection Device Market, By Product
Chapter 6. Needle-Free Injection Device Market, By Application
Chapter 7. Needle-Free Injection Device Market, By Region
Chapter 8. Company Profiles
Chapter 9. Global Needle-Free Injection Device Market Competition, by Manufacturer
Chapter 10. Needle-Free Injection Device Market Forecast (2018-2023)
FEATURES OF THE REPORT:
The analysis of Needle-Free Injection Device market, their Growth, Demand, position, size and share from different regions are mentioned in detailed.
The key players in the market and their share in the global market are discussed.
The new strategic plan and suggestions that will help old as well as new market players to maintain the competitiveness are also discussed.
The Needle-Free Injection Device market report provides some important points related to growth factors, challenges, opportunities, end-user analysis and achievement and so on.
The latest trends that are being followed in the market are included along with an example.
How technological advancement and research, as well as development activities, are impacting the market is explained in detail.
The development plans and policies are discussed as well as manufacturing processes and cost structures too are discussed.
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As the report further, it explains developing plans and policies, making processes, cost structures of Needle-Free Injection Device market as well as the leading players. It also concentrates on the aspects like company profile, product images, supply chain relationship, import/export details of Needle-Free Injection Device market, market statistics of Needle-Free Injection Device market, upcoming development plans, market gains, contact details, consumption ratio. Ultimately, the report includes an in-depth analysis of sub-segments, market dynamics, feasibility study, key strategies used by leading players, market share study and growth prospects of the industry. The report also evaluates the growth established by the market during the forecast period and research conclusions are offered.
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