Auto-Injectors Market is Growing at a Healthy CAGR of 17.32% During Forecast to 2022

Auto-Injectors Global Market – Overview

Auto-injectors arespring-loaded syringes, designed to deliver a single dose of a particular life-saving drug. Auto injectors, as the name suggests are easy to use and are intended for self -administration by patients, or can be administered by untrained personnel. These injectors were initially designed to overcome the hesitation associated with self-administration of the needle-based drug delivery device. Most of the injectors are springe-loaded based.

The global market for auto-injectors is growing rapidly. Increasing prevalence and incidences of anaphylaxis and food allergies around the world is majorly responsible for the growth of the global auto-injectors market. According to the recent Market Study Report “Global Auto-Injectors Market” published by the Market Research Future; the global market for Auto-Injectors is expected to reach USD 2.4 billion by 2022 and is expected to grow at a CAGR of ~17.2% during the forecast period 2017 – 2022.

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In an Auto injector the needle tip is covered/ shielded prior to injection, Injection depth can be adjustablewith a passive safety mechanism to prevent accidental injection. At the touch of a button, Auto injector automatically inserts the needle and contents of the syringe into the skin without the user having to see the needle.Auto-injectorsnot only allow the automatic injection of the syringe but also have a visual indication to confirm that the full dose has been delivered,factors as such affirm that Auto injectorsare completely safe and reliable for the self-administration of drug deliveryand arepreferred over the traditional syringe among the needle-based drug delivery devices.

Auto-Injectors Global Market – Key Players

While commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 85 pages, the MRFR Research Analyst also mentions that Auto injectors normally are made of glass syringes making them fragile and a probable cause of contamination. Currently, the players of the marketare striving to create auto injectors syringes with plastic to prevent unnecessary contamination, confirms MRFR Analysis.

MRFR Analysis identifies following corporations as the key players operating in the global market of auto injectors some of them are: UNILIFE CORPORATION, Scandinavian Health Ltd, Owen Mumford Ltd. (UK), kaleo, Inc., Amedra Pharmaceuticals LLC, Enbrel and others.

Auto-Injectors Global Market – Segments:

Auto-InjectorsGlobal Markethas been segmented in to 3 key dynamics for an enhanced understanding and convenience of the report.

Segmentation by Product Type : Comprising -Disposable, Reusable and others

Segmentation by Application : Comprising – Anaphylaxis, Allergies, Multiple Sclerosis, Rheumatoid Arthritis and others

Segmentation by suppliers : Comprising – Online Retailers, Pharmacy, Retailers

Auto-Injectors Global Market – Synopsis & Scenario

MRFR Analysis shows that theIncreasing development and use of biological drugs (biologicals) & vaccines will increase the market size of Auto Injectors during 2017 to 2022. Rising need of targeted and sustained drug delivery in the treatment of chronic diseases and need of cost efficient delivery of high priced medications is expected to drive auto injectors market.The global market for auto-injectors is growing swiftlyis expected to worth USD 2.4 billion by 2022with a CAGR of ~17.2% during the forecast period 2017 – 2022.

Auto-Injectors market has exhibited an upward trend of increased focus of industry players towards the development of user friendly and patient compliant devices.

Auto-Injectors MarketRegional Analysis

Globally North America is the largest market for auto-injectors. The North American market for auto-injectors is expected to reach at USD 0.9 billion by the end of the forecast period of 2016-2022.

Europe is the second-largest market for auto-injectors. Asia pacific region is expected to be fastest growing region in auto-injectors market.

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Growth of biologics and entry of biosimilar in leading pharma markets such as the U.S. and Europe is expected to be the key driver for growth of the injectable drug delivery market for the forecast period.

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