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Autoinjectors Market 2021 Global Trends, Share, Industry Size, Growth, Opportunities, and Industry Forecast to 2027

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Mayur Kasrung
Autoinjectors Market 2021 Global Trends, Share, Industry Size, Growth, Opportunities, and Industry Forecast to 2027

Global Autoinjectors Market: Information by Product Type (Disposable, Reusable), Design (Customized, Standardized), by Therapeutic Application (Anaphylaxis, Rheumatoid Arthritis, Multiple Sclerosis, Diabetes, Others), by Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Others) and Region - Forecast till 2027

Market Highlights

The Global Autoinjectors Market is Estimated to be Valued at USD 79,741 Million by 2024 and is Expected to Register a CAGR of 17.42% During the Forecast Period.

The disposable autoinjectors segment is expected to lead the market and register a substantial CAGR to reach USD 53,696.20 Million by the end of 2024. The increasing demand for testing new drugs and chemicals and vigorous growth in the pharmaceutical and biopharmaceutical sectors are expected to drive the market growth. Additionally, the disposable autoinjectors segment is also projected to exhibit the highest CAGR of 17.90% from 2019 to 2024.

Americas accounted for the largest market share of 40.6% in 2018, and the regional market is projected to register a CAGR of 16.60% during the forecast period. Asia-Pacific is expected to register the fastest CAGR. The Indian market is projected to exhibit the highest growth rate of 18.95% during the forecast period of 2019 to 2024

Segment Analysis

The Global Autoinjectors Market has been segmented on the basis of product type, design therapeutic application, distribution channel, and region. On the basis of product type, the market has been divided into the disposable autoinjectors and reusable autoinjectors. The disposable autoinjectors segment held the majority market share in 2018. It also was the fastest-growing owing to the increasing demand for testing new drugs and chemicals and vigorous growth in the pharmaceutical and biopharmaceutical sectors.

Market Players

Market Research Future (MRFR) recognizes Amgen Inc. (US), Becton, Dickinson and Company (US), AbbVie Inc. (US), Mylan N.V. (US), Eli Lilly and Company (US), Ypsomed (Switzerland), Owen Mumford Ltd (UK), Consort Medical (UK), SHL Group (Taiwan), Johnson & Johnson Services Inc. (US), Teva Pharmaceutical Industries Ltd (Israel), Antares Pharma (US) as the key players in the Global Autoinjectors Market.

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Regional Analysis

Geographically, the global autoinjectors market has been segmented into North America, Europe, Asia-Pacific, and the Middle East & Africa. As per MRFR analysis, the Americas was the largest market for the autoinjectors in 2018 and is expected to remain dominant during the review period. Europe accounted for a significant market share and is projected to be the second-largest market during the forecast period. The well-established healthcare infrastructure, technology advancement, and innovation in drug delivery systems, and rising prevalence of anaphylaxis incidences, diabetes, and cancer are driving the growth of the autoinjectors market in the region. Germany accounted for the largest market share of 24.7% in 2018, and the country-level market is projected to register a CAGR of 15.84% during the forecast period.

Key Findings of the Study:

  • The global autoinjectors market is projected to reach over USD 79,741 Million by 2024 at 42% CAGR during the review period of 2019 to 2024.
  • Americas accounted for the largest market share with North America being the major contributor to the growth of the market.
  • The disposable autoinjectors segment is projected to register the highest CAGR of 17.90% during the forecast period owing to increasing demand for testing new drugs and chemicals and vigorous growth in the pharmaceutical and biopharmaceutical sectors.
  • Key manufacturers are adopting geographic expansions, corporate acquisitions and product launches as growth strategies. Moreover, they are focusing on e-commerce for distribution.

Table of Conant

1 Executive Summary

2 Market Introduction

2.1 Definition 16

2.2 Scope Of The Study 16

2.3 Assumptions & Limitations 16

2.3.1 Assumptions 16

2.3.2 Limitations 16

2.4 Market Structure 17

3 Research Methodology

3.1 Research Process 18

3.2 Primary Research 19

3.3 Secondary Research 20

3.4 Market Size Estimation 20

3.5 Forecast Model 21

4 Market Dynamics

4.1 Introduction 22

4.2 Drivers 23

4.2.1 Rising Incidence Of Anaphylaxis 23

4.2.2 Growing Prevalence Of Targeted Therapies 23

4.3 Restraints 23

4.3.1 Increased Product Recall 23

4.3.2 Stringent Regulatory Policies 23

4.4 Opportunities 24

4.4.1 Entering Developing Economies 24

4.5 Challenges 24

4.5.1 Lack Of Proper Training For Using Autoinjectors 24

4.6 Macroeconomic Indicators 24

4.7 Technology Trends & Assessment 25

6 Market Factor Analysis

5.1 Value Chain Analysis 26

5.1.1 R&D 26

5.1.2 Manufacturing 26

5.1.3 Distribution & Sales 26

5.1.4 Post-Sales Monitoring 27

5.2 Porter’s Five Forces Analysis 27

5.2.1 Bargaining Power Of Suppliers 28

5.2.2 Bargaining Power Of Buyers 28

5.2.3 Threat Of New Entrants 28

5.2.4 Threat Of Substitutes 28

5.2.5 Intensity Of Rivalry 28

5.3 Investment Opportunities 28

5.4 Pricing Analysis 29

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/autoinjectors-market-6311

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

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Contact:

Akash Anand

Market Research Future

+1 646 845 9312

Email: [email protected]

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