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How Helpful Will The Auto-injector Market Be In The Future?

Posted: Oct 10, 2022
The global auto injector market demand size is hoped to reach US$5.3 billion by the year of 2026, describing a CAGR 17.6% market growth over the forecast period. An auto-injector is a medical device consisting of a syringe with a spring-loaded needle that contains a pre-filled dose of medication and is designed to provide a dose of a specific medication.
These injectors were primarily designed to overcome the anxiety associated with the needle-based drug delivery device used for self-administration.
Autoinjectors Market Overview
An auto-injector is a syringe-like device consisting of a spring-loaded needle that holds a pre-delivered dose of medication. Auto-injectors are used to deliver a specific amount of medication as it is inserted into the body in a sliding motion. The devices are mainly used for self-administration of epinephrine to prevent anaphylaxis in migraine sufferers (for immediate pain relief) and for medical and emergency treatment.
In general, most of the auto-injectors used are single-use, single-load syringes. Depending on their design, self-injectors are easy to use, can be self-administered by patients, and can be administered by untrained staff.
Autoinjectors Market Dynamics
Injectors were originally developed to help people overcome their fear of using a needle-based drug delivery system on their own. There are many risks and challenges associated with giving yourself an injection, both physical and psychological.
However, using an auto-injector can offer numerous benefits to both healthcare providers and users. It allows faster delivery of the drug and better bioavailability as it delivers the drug with a spray effect during administration. It is convenient and can reduce needle phobia because the needle is contained in the vial.
This is a key factor driving the adoption of auto injectors and is expected to drive the revenue growth of the global market over the forecast period. In addition, medical management in natural disaster situations is extremely challenging as access to the hospital is impossible or difficult. Auto-injectors are extremely beneficial in such cases or in emergencies as they allow for self-administration.
Global Autoinjectors Market Insight
Geographically, the Global Auto Injectors Market is studied for North America, Europe, Asia Pacific and Rest of the World. As per case of income share, North America grows to lead the global market in the present scenario. It is expected to continue higher during the forecast period.
However, the dominance of North America is clearly being challenged by the European market. This dominance is attributed to factors such as the increasing prevalence of chronic diseases such as diabetes and multiple sclerosis, the increasing availability of generic auto-injectors, and favorable reimbursement policies.
Advancement in Auto Injector Technology
Auto-injector technology has advanced significantly in recent years, and recent advances are expanding the scope of innovative devices for a variety of therapies. As per Roots Analysis reports, Epinephrine auto-injectors are one of the most popular types of auto-injectors, which is a pocket-sized medication used to treat anaphylactic shock.
Epinephrine is a life-saving medicine that reduces swelling in the airways during a severe allergic reaction. However, the lack of awareness regarding the use of an auto-injector and the availability of alternative treatment options such as oral tablets are some of the factors that could limit the growth of the auto-injector market during the forecast period.
About the Author
Founded in 2013, Roots Analysis provides market research and consulting in the healthcare & pharmaceutical industry. All our analysts are experts in delivering high-quality research work and report insights across the industry.
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