According to a new market report by Lucintel, the future of the needle free drug delivery device market looks promising with opportunities in the vaccine delivery, pain management, insulin delivery for diabetes, and pediatric injection applications. The needle free drug delivery device market is expected to grow with a CAGR of 10% from 2019 to 2024. The major drivers for this market are rising usage of injections in healthcare sector, increase in incidence of needle born disease, and surging demand and technological advancements in the field of pain-free drug transportation and self-administration.
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In this market, various technologies are used for needle free drug delivery, such as jet injectors, inhaler technology, transdermal patch, and novel needle free technology. Jet injector is the largest technology segment of the needle free drug delivery device market.
Within this market, vaccine delivery, pain management, insulin delivery for diabetes, and pediatric injections are the major application segment. Insulin delivery is the largest application segment of the needle free drug delivery device market
North America will remain the largest region over the forecast period due to high awareness regarding potential benefits of needle-free drug delivery devices, presence of well-developed healthcare facilities, and extensive R&D expenditure by government organizations.
Antares Pharma, Injex Pharma AG, 3M, PharmaJet, Zogenix, Bioject Medical Technologies, Glide Pharmaceutical Technologies, Penjet Corporation, Valeritas, and D'Antonio Consultants International are among the major manufacturers of needle free drug delivery device market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the needle free drug delivery device market by technology, application, and region. Lucintel has prepared a comprehensive research report titled "Needle Free Drug Delivery Device market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the needle free drug delivery device market by technology, application, and region as follows:
By Technology [$M shipment analysis for 2013 – 2024]:
Jet Injectors
Inhaler Technology
Transdermal Patch Technology
Novel Needle Free Technologies
By Application [$M shipment analysis for 2013 – 2024]:
Vaccine Delivery
Pain Management
Insulin Delivery For Diabetes
Pediatric Injections
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Asia-Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/needle-free-drug-delivery-device-market.aspx or helpdesk@lucintel.com.
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