The Needle-Free Injection Market Size in 2021 was USD 1.2 Billion, Market Value set to reach USD 2.6 Billion at 9.7% CAGR by 2030
Needle-Free Injection Market Research Report Highlights and Statistics
● The global Needle-Free Injection market size in 2021 stood at USD 1.2 Billion and is set to reach USD 2.6 Billion by 2030, growingata CAGR of 9.7%
● Thedemandforneedle-freeinjectionsisdrivenbytheincreasingneedforsafer,moreconvenient,andlesspainfulmethodsof administeringmedicationsandvaccines.
● Advancesintechnology,suchasthedevelopmentofwearabledevicesandsmartinhalers,areexpectedtodrivethegrowthof theneedle-freeinjectionmarketshare.
● The growing prevalence of chronic diseases, such as diabetes, cancer, and heart disease, is expected to increase demand for needle-freeinjectionsfordiseasemanagement.
● The Asia-Pacific region is expected to see significant growth in the needle-free injection market share, due to the increasing awarenessofneedle-freeinjectionsandthegrowinghealthcareinfrastructureintheregion.
● Majorplayersintheneedle-freeinjectionmarketincludeBD(Becton,DickinsonandCompany),Medtronic,YpsomedAG,Injex PharmaAG,andEliLillyandCompany,amongothers. Download
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Trends in the Needle-Free Injection Market
● Innovations in technology: The development of new and improved needle-free injection technologies, such as jet injectors andspring-powereddevices,isdrivinggrowthinthemarket.
● Increasing prevalence of chronic diseases: Thegrowingprevalenceofchronicdiseases,suchasdiabetesandheartdisease, isdrivingdemandforneedle-freeinjectionsfordiseasemanagement.
● Growing geriatric population: Thegrowinggeriatricpopulationisexpectedtoincreasedemandforneedle-freeinjections,as olderindividualsaremorepronetoneedle-relatedinjuriesandmayhaveahigheraversiontotraditionalneedleinjections.
● Growing demand for insulin delivery: The increasing demand for needle-free insulin delivery, particularly for individuals withdiabetes,isdrivinggrowthinthemarket.
● Growing demand for needle-free injectors in the veterinary market: The increasing demand for needle-free injectors in the veterinary market, particularly for the administration of vaccines and medications in animals, is driving growth in the market.
● Growing cosmetic market: Theincreasingdemandforcosmetictreatments,suchasBotoxinjections,isdrivinggrowthinthe needle-freeinjectionmarketsize.
Needle-Free Injection Market Overview
The needle-free injection market is a rapidly growing industry that is centered around the development and distribution of alternativemethodsforadministeringmedicationsandvaccineswithouttheuseoftraditionalhypodermicneedles.Thistechnology utilizes various mechanisms to deliver drugs or vaccines intothebody without penetratingthe skin with aneedle. Some ofthe key
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applications for needle-free injections include vaccinations, pain management, insulin delivery for individuals with diabetes, and cosmetictreatments.
One of the primary benefits of needle-free injections is the increased level of safety they provide. Traditional needle injections can pose a risk of infection, transmission of blood-borne diseases, and accidental needle sticks. Additionally, needle-free injections are morecomfortableforpatientsandcaneliminatethefearandanxietyassociatedwithtraditionalneedleinjections. Thereareseveraldifferenttypesofneedle-freeinjectiontechnologiesavailableonthemarket,eachwithitsownuniquefeaturesand benefits. These include jet injectors, which use high-pressure to propel medication through the skin, and spring-powered devices, whichusearapid-firemotiontodelivermedicationintotheskin.
Theneedle-freeinjectionmarketshareisexpectedtocontinuegrowinginthecomingyears,drivenbyadvancementsintechnology, increaseddemandforsaferandmoreconvenientmethodsofadministeringmedications,andagrowingglobalpopulationinneed of medicalcare.Theindustryispoisedforsubstantialgrowthinthefuture,particularlyasnewandinnovativeapplicationsforneedlefreeinjectionscontinuetoemerge.
Needle-Free Injection Market Dynamics
● Growing demand for home healthcare: The rise in home healthcare is driving demand for needle-free injections, as they allowfortheadministrationofmedicationsandvaccinesinamoreconvenientandcomfortablesetting.
● Growing demand for needle-free vaccines: Theincreasingdemandforneedle-freevaccines,particularlyinthewakeofthe COVID-19pandemic,isdrivinggrowthinthemarket.
● Growing demand for self-administration: Thegrowingdemandforself-administrationofmedicationsisdrivingdemandfor needle-freeinjections.
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● Growing demand for pain management: The increasing demand for alternative methods of pain management, such as needle-freeinjections,isdrivinggrowthinthemarket.
● Growing awareness: The increasing awareness of needle-free injections and their benefits is driving demand for these products.
● Wearable devices: Thedevelopmentofwearableneedle-freeinjectiondevicesisagrowingtrendinthemarket,allowingfor thecontinuousadministrationofmedicationsandimproveddiseasemanagement.
Growth Hampering Factors in the market for Needle-Free Injection
● Safety concerns: Thesafetyconcernsassociatedwithneedle-freeinjections,suchastheriskofinfectionandthepotentialfor tissuedamage,arehinderinggrowthinthemarket.
● Complexity of use: The complexity of use and the lack of training available for healthcare providers is a hindrance to the growthofthemarket.
● Resistance to change: Theresistancetochangeandthepreferencefortraditionalneedleinjectionsbyhealthcareproviders andpatientsishinderinggrowthinthemarket.
● Competition from alternative methods: Thecompetitionfromalternativemethods,suchasoralmedicationsandtraditional needleinjections,ishinderinggrowthinthemarket.
● Limited product portfolio: The limited product portfolio and the lack of diversity in needle-free injection products is hinderinggrowthinthemarket.
● Poor product performance: Thepoorperformanceofsomeneedle-free injection products, suchasinconsistentdosingand poorefficacy,ishinderinggrowthinthemarket.
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Get TOC’s From Here@ https://www.acumenresearchandconsulting.com/table-of-content/needle-free-injection-
market Market Segmentation
● By Product
○ Prefilled
○ Fillable
● By Type
○ Powder-BasedNeedleFreeInjectors
○ Liquid-BasedNeedleFreeInjectors
○ Projectile/Depot-BasedNeedleFreeInjectors
● By Technology
○ LaserpoweredNeedle-FreeInjectors
○ VibrationbasedNeedle-FreeInjectors
○ GasPoweredNeedle-FreeInjectors
○ SpringBasedNeedle-FreeInjectors
● By Usability
○ Reusable
○ Disposable
● Delivery Site
○ Intramuscular
○ Intradermal
○ Subcutaneous
● Application
○ PainManagement
○ InsulinDelivery
○ VaccineDelivery
○ Other
● End Use
○ HomeCareSettings
○ HospitalsandClinics
○ ResearchLabs Needle-Free Injection Market Key Players
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The Needle-Free Injection Market is highly competitive, with a large number of players operating in the industry. Some of the key playersinthemarketincludeMerck,Sanofi,BD,EliLillyandCompany,NovoNordisk,3M,GlaxoSmithKline,Pfizer,Roche,Johnson& Johnson, Becton, Dickinson and Company, Gerresheimer, Injex Pharma AG, Zogenix, Inc., Nova Pharma, Valeritas, Inc., Opiant Pharmaceuticals,Inc.,andUscomLimited.Theseplayersareconstantlydevelopingnewandinnovativeneedle-freeinjectionproducts andstrategiestogainacompetitiveedgeinthemarket.
Needle-Free Injection Market Overview by Region
● North America’s Needle-Free Injection Market share is the highest globally, due to the high prevalence of chronic diseases, the presence of a largegeriatric population, and the increasing demand for home healthcare services. The region is home to severalmarketleaders,suchasMerck,Sanofi,andBD,whoareinvesting inresearchanddevelopmenttodevelopinnovative needle-freeinjectionproducts.Theincreasingdemandforcosmetictreatments,suchasBotoxinjections,isalsodrivinggrowth intheregion.
● The Asia-Pacific region’s Needle-Free Injection market share is fastest growing, driven by the increasing prevalence of chronic diseases, the growing demand for home healthcare services, and the expanding middle class. The region is home to severalemergingeconomies,suchasIndiaandChina,whichareinvestingheavilyinthehealthcaresectorandcontributingto thegrowthofthemarket.Theincreasingdemandforself-administrationofmedicationsandthegrowingdemandforneedlefreeinsulindeliveryarealsodrivinggrowthintheregion.
● Europe is another key market for Needle-Free Injection, driven by the increasing demand for home healthcare services, the growing geriatric population, and the growing awareness of the benefits of needle-free injections. The region has a well-
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establishedhealthcaresystemandahighstandardofliving,whichiscontributingtothegrowthofthemarket.Theincreasing demandforneedle-freevaccines,particularlyinresponsetotheCOVID-19pandemic,isalsodrivinggrowthintheregion.
● The South American and MEA regions have a smaller Needle-Free Injection market share. The region has a large and growing middle class, which is driving demand for healthcare services, including needle-free injections. The increasing demandforcosmetictreatments,suchasBotoxinjections,isalsodrivinggrowthintheregion.
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