The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s autoinjectors market report forecasts the autoinjectors market size to grow to $6.51 Billion by 2027, with a CAGR (compound annual growth rate) of more than 21%.

Learn More On The Autoinjectors Market Report 2023 – https://www.thebusinessresearchcompany.com/report/autoinjectors-global-market-report

Autoinjectors Market Size Forecast
The global autoinjectors market is expected to grow from $2.47 billion in 2022 to $3.01 billion in 2023 at a compound annual growth rate (CAGR) of 21.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The autoinjectors market size is expected to grow to $6.51 billion in 2027 at a CAGR of 21.3%.

North America held the largest autoinjectors market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Autoinjectors Market Driver ­– Increase In The Prevalence Of Chronic Diseases
For instance, according to the Imperial College London research in 2020, chronic diseases are expected to kill almost 41 million people globally each year, accounting for seven out of ten fatalities. Around 17 million of these fatalities are classified as premature, with people dying substantially younger than predicted on average. Therefore, the increasing prevalence of chronic diseases drives the growth of the autoinjectors market.

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Key Autoinjectors Market Trend – Growing Technological Advancement
Major players operating in the autoinjectors sector are focused on developing technological solutions for autoinjectors to meet the demand for a viscous biologics delivery mechanism. For instance, in February 2021, Becton Dickinson (BD), a US-based medical device company is developing Intevia 2.25 mL based on thinner wall cannula technology. The Intevia 2.25 mL is a patient-centric device that works seamlessly with BD Neopak XtraFlow prefillable syringes and has an 8-millimeter needle with a thinner wall.

Autoinjectors Market Segment
1) By Type: Disposable Autoinjectors, Reusable Autoinjectors
2) By Therapy: Rheumatoid Arthritis, Multiple Sclerosis, Diabetes, Anaphylaxis, Other Therapies
3) By Route Of Administration: Subcutaneous, Intramuscular
4) By Distribution Channel: Online Retailer, Pharmacy
5) By End User: Home Care Settings, Hospitals And Clinics, Other End-Users

Autoinjectors Market Major Players and Strategies
Major players in the autoinjectors market are AbbVie, Mylan, Eli Lilly and Company, Amgen, Becton Dickinson and Company, Johnson & Johnson, Teva Pharmaceutical, Merck, Pfizer, Bayer, Biogen, and AstraZeneca.

In March 2020, SHL medical, a Switzerland-based provider of advanced delivery devices, such as autoinjectors, pen injectors, advanced inhalers, and wearable drug delivery systems, acquired Weibel CDS for an undisclosed amount. Through this acquisition, SHL is expected to expand its portfolio of innovative drug delivery solutions for injection devices. Weibel CDS is a Swiss medical technology company that specializes in the research and development of patch injection systems and devices.

The Autoinjectors Global Market Report 2023 covers regional data on autoinjectors market size, autoinjectors market trends and drivers, opportunities, strategies, and autoinjectors market competitor analysis. The countries covered in the autoinjectors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

An autoinjector is a device for injecting a single, preset dose of medication into one’s own body. It generally consists of a spring-loaded syringe that is activated when the device is pressed firmly against the body.

View More Reports Related To The Autoinjectors Market –
Wearable Injectors Global Market Report 2023
Insulin Pens, Syringes, Pumps And Injectors Global Market Report 2023
Injectable Drug Delivery Devices Global Market Report 2023

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