The global needle free drug delivery device market is projected to grow at a CAGR of 10.2% during 2019 to 2024. The growth of needle free drug delivery device market is driven by 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.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global needle free
drug delivery devices market by technology (jet injectors, inhaler technology,
transdermal patch technology, and novel needle free technologies) , application
(vaccine delivery, pain management, insulin delivery for diabetes, pediatric
injections, and others), and region (North America, Europe, Asia Pacific, and
Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the needle free drug delivery device market?
Q.4 What are some
changing demands of customers in the needle free drug delivery device market?
Q.5 What are the new
developments in the needle free drug delivery device market? Which companies
are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this needle free drug delivery device area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this needle free drug delivery
device market?
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Market Segmentation:
Based on technology, the
needle free drug delivery device market is segmented into jet injectors,
inhaler technology, transdermal patch technology, and novel needle free
technologies. The jet injector segment accounted for the largest share of the
market in 2020 and is expected to register the highest CAGR during the forecast
period, due to 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.
Key Players in the
needle free drug delivery device market are Antares Pharma, Injex Pharma AG,
3M, PharmaJet, Zogenix, Bioject Medical Technologies, Glide Pharmaceutical
Technologies, Penjet Corporation, Valeritas, D’Antonio Consultants
International, and Akra Dermojet.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/needle-free-drug-delivery-device-market.aspx
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. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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