Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Status of Patents that have been Filed / Granted in the Large Volume Wearable Injectors Domain relat

Author: Srishti Khurana
by Srishti Khurana
Posted: Aug 10, 2020

With the increase in popularity of self-injection devices, several industry stakeholders have attempted to innovate the devices by incorporating advanced features to improve patient compliance and ensure accurate dosing. The ongoing R&D activity in this domain has led to a significant increase in the number of patents filed / granted associated with novel large volume wearable self-injection devices. In order to continuously expand their intellectual capital to sustain long term growth, it is critical for developers to protect their intellectual assets by means of patents.

Over the past few years, there has been a steady increase in the number of patents associated with these devices. In fact, after 2017, the number of patents filed / granted has increased significantly each year, across the globe. Specifically in 2019, the highest number of patents were published worldwide. Notable examples of the proprietary technologies, used in large volume wearable injectors, include (in alphabetical order) ECell technology (SteadyMed Therapeutics), SmartGuard technology (Medtronic) and VapourSoft technology (Bespak).

It is worth highlighting that majority (62%) of these patents are applications (not having received approval yet), followed by granted patents (38%). Of these, majority of the patents (85%) were filed / granted in North America; of these, over 2,200 were filed / granted in the US in the period between January 1985 and January 2020. This was followed by Asia-Pacific and Europe, where 9% and 6% patents were filed / granted, respectively. The data indicates that besides North America, development activity is also currently taking place in Asia-Pacific (specifically in Australia and China) and European regions. It is worth mentioning that over 500 patent applications (accounting for around 17% of the total) were filed with World Intellectual Property Organization (WIPO), in the given time period.

Despite the fact that a large number of patents have been filed recently (and hence having a long remaining patent life), only 0.3% of the total patents have a significantly higher relative valuation. This is primarily because of the relatively low citations associated with these patents, leading to low patent value.

Analysis of keywords in these patents revealed the popularity of needle retraction systems in patch pumps due to their ability to reduce needle-stick injuries for delivering a drug over a prolonged period of time (basal dosing) or short time period (bolus dosing). The word cloud highlights that majority of the wearable injectors are wireless devices that use sensors for monitoring health parameters. Notable examples include the CGM feature in A6 TouchCare System (Medtrum Technologies) and MiniMed Insulin pumps (Medtronic).

One of the key objectives of the report was to estimate the existing market size and potential future growth opportunities for large volume wearable injectors. Based on parameters, such as the number of commercialized devices, number of devices under development, price of the device and the annual adoption rate, we have provided an informed estimate on the likely evolution of the market over the period 2020-2030. The report also features sales forecasts for the overall large volume wearable injectors market with a detailed market segmentation on the [A] type of device (patch pump, injector and infusion pump and injector), [B] usability (reusable and disposable), [C] therapeutic area (neurological disorders, cardiovascular disorders, infectious disease, oncological disorders and others) and [D] key geographies (North America, Europe, Asia Pacific and rest of the world). In order to account for future uncertainties and to add robustness to our model, we have provided three market forecast scenarios namely the conservative, base and optimistic scenarios, which represent different tracks of the industry’s evolution.

About the Author

Roots Analysis provides market research and consulting in the pharmaceutical industry. Focussed on providing an informed and impartial view on key issues facing the industry, our research is primarily driven by an in-depth analysis.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Srishti Khurana
Professional Member

Srishti Khurana

Member since: Jun 03, 2020
Published articles: 53

Related Articles