Epinephrine Autoinjector Market growth opportunity and industry forecast to 2026

Global Epinephrine Autoinjector Market by Dosages, Age groups, End-users, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020– 2026 Report By

The global epinephrine autoinjector market was valued at USD 1.6 billion in 2019 and is expected to reach USD 2.74 billion by 2026, expanding at a CAGR of around 7.1% during the forecast period, 2020–2026. The growth of the market is attributed to growing prevalence of allergies and their awareness among customers.

Request for sample@ https://dataintelo.com/request-sample/?reportId=109360 Epinephrine is also called as adrenaline, a medicine used for treating conditions such as cardiac arrest, asthma, superficial bleeding, and anaphylaxis. It can also be used by inhalation for croup. Epinephrine Autoinjector is also called as EpiPen, a device used to inject measured dose of adrenaline by autoinjector technology. The device is capable of intramuscular injection for instant and better results. The pen is designed specifically to avoid accidental punctures in the skin, as the syringe is enclosed under a protected shield and needs to operated manually to inject when kept on patient’s skin.

Market Trends, Drivers, Restraints, and Opportunities: ● Increasing advancement in the product with cost effective solutions is driving the growth of the market. ● Rising demand for autoinjectors instead of traditional syringes is steering the growth of the market. ● Ease of usage and disposal of drug injectors has created opportunities for auto injectors. This, is turn, is fueling the growth of the market. ● Presence of multiple alternatives for injections and continuous advancements is expected to hamper the market growth. ● Growing cases of anaphylaxis and rising demand for self-administered drugs are factors expected to foster growth of the market during forecasted period.

Ask for discount@ https://dataintelo.com/ask-for-discount/?reportId=109360 Competitive Landscape: Major companies in global epinephrine autoinjector market includes Adamis Pharmaceuticals Corporation, ALK-Abellรณ A/S, Amneal Pharmaceuticals Inc, Bausch Health Companies Inc, Kaleo Inc, Lincoln Medical Ltd, Mylan N.V, Novartis International AG, Pfizer Inc, and Teva Pharmaceutical Industries Ltd. The market players are involved in developing cost effective and robust solutions to gain traction in global market place. The companies are constantly making strategic decisions such as product launches, R&D, agreements, and collaborations to gain market share.

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