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 wearable injectors market report forecasts the wearable injectors market size to grow to $12.93 Billion by 2027, with a CAGR (compound annual growth rate) of more than 12%.

Learn More On The Wearable Injectors Market Report 2023 – https://www.thebusinessresearchcompany.com/report/wearable-injectors-global-market-report

Wearable Injectors Market Size Forecast
The global wearable injectors market is expected to grow from $7.16 billion in 2022 to $7.98 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. 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 wearable injectors market is expected to grow from $12.93 billion in 2027 at a CAGR of 12.8%.

North America held the largest wearable injectors market share.

Key Wearable Injectors Market Driver ­– Rise In The Number Of Diabetic And Chronic Diseases Patients
According to the International Diabetes Federation, in 2021, approximately 537 million adults were living with diabetes, and by 2045, it is estimated that around 783 million adults around the world and 1 in 5 adults who are above 65 are expected to suffer from diabetes. The rise in the number of diabetes and chronic diseases patients increased the demand for the treatment of the diseases, thereby driving the wearable injectors market.

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Key Wearable Injectors Market Trend – Increasing Mergers And Acquisitions
The focus areas for many companies in the wearable injectors manufacturing market have shifted to increasing mergers and acquisitions to acquire more production capabilities. Large prime manufacturers are forming joint ventures or buying small or midsized companies to acquire new capabilities or gain access to new markets. For instance, in April 2020, Zealand Pharma completed its acquisition of Valeritas, Inc., to expand the product portfolios and capabilities of the company. The acquisition is expected to build Zealand Pharma’s capabilities and significantly increase its market share in the market. For instance, in April 2020, Zealand Pharma completed its acquisition of Valeritas, Inc., with an undisclosed amount. This acquisition helps to expand the product portfolios and capabilities of the company and is expected to build Zealand Pharma’s capabilities and to importantly increase its market share in the market. Valeritas is a medical technology company committed to improving and commercializing creative drug delivery solutions.

Wearable Injectors Market Segment
1) By Type: On-Body Injectors, Off-Body Injectors
2) By End-User: Hospitals, Clinics, Homecare setting
3) By Application: Immuno-Oncology, Diabetes, Cardiovascular Diseases, Other Applications

Wearable Injectors Market Major Players and Strategies
Major players in the wearable injectors market are Amgen, Becton, Dickinson, and Co., Enable Injections, Insulet Corporation, Ypsomed, Medtronic, Tandem Diabetes Care, Valeritas, and West Pharmaceutical Services.

In April 2020, Copenhagen-based Zealand Pharma, a company that develops therapies for gastrointestinal, metabolic diseases, acquired Valeritas a New Jersey-based company that developed wearable insulin delivery devices for a deal amount of $23 million, plus the assumptions of some liabilities. The acquisition is expected to expand the footprint of Zealand Pharma in the US diabetes market. Valeritas, Inc. is a medical technology company headquartered in the United States.

The Wearable Injectors Global Market Report 2023 covers regional data on wearable injectors market size, wearable injectors market trends and drivers, opportunities, strategies, and wearable injectors market competitor analysis. The countries covered in the wearable injectors 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.

Wearable injectors are drug delivery devices that adhere to the body while the drug is administered subcutaneously over a preset time period.

View More Reports Related To The Wearable Injectors Market –
Wearable Injectors Global Market Report 2023
Wearable Blood Pressure Monitors Global Market Report 2023
Autoinjectors Global Market Report 2023

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