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Friday, November 24, 2023

Global Wearable Injector Market is Anticipated to Grow at a CAGR of 9.5% during 2024 to 2030

The future of the global wearable injector market looks promising with opportunities in the hospital & clinic and home healthcare setting markets. The global wearable injector market is expected to reach an estimated $14.6 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are growing focus on patient convenience and rising demand for home-based treatment.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the wearable injector market by type (on-body injector and off-body injector), technology (spring based, motor based, rotary pump, expanding battery, and others), therapy (immuno-oncology, diabetes, cardiovascular disease, and others), end use (hospitals and clinics and home healthcare setting), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, on-body injector and off-body injector are the major segments of wearable injector market by application type. Lucintel forecasts that on body injector is expected to witness the higher growth over the forecast period due to its growing popularity as these patches are easy to use at home, water resistant, and comfortable to wear on the skin (stomach).Within this market, home healthcare setting is expected to witness the higher growth over the forecast period due to growing demand for self-administration of medication and desire to reduce healthcare expenses.

North America is expected to witness highest growth over the forecast period due to growing cases of of chronic & lifestyle-related diseases, availability of robust healthcare infrastructure, and presence of key players in the region.

Ypsomed, Amgen, Subcuject, Enable Injections, and Medtronic are the major suppliers in the wearable injector market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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