Self-Injections Market is Estimated to Experience a Notable Rise in the Span of Coming Years
Pune, Maharashtra, India, February 25 2021 (Wiredrelease) Allied Analytics –:Self-injections are emerging as an attractive option for administering drug therapies at home. For instance, insulin-dependent diabetics and individuals suffering from arthritis generally adopt self-inject medication as it is an easy and a reliable method to self-administer drugs.
The global market size of Self Injections is $XX million in 2019 with XX CAGR, and it is expected to reach $XX million by the end of 2027 with a CAGR of XX% from 2020 to 2027.
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COVID-19 scenario-
1) Due to the global pandemic all over the world, the medical devices manufacturers are majorly focusing on essential medical devices production including ventilators and diagnostics.
2) However, due to the precautionary measures taken by governments in various regions, the supply chain has been hampered. Which may result in shortage of devices in certain locations.
3) Food and Drugs Administration (FDA), on the other hand, shared a COVID-19 guidance with medical device manufacturers to notify the agency about changes that could affect availability of their products.
The global self-injections market is expected to witness significant growth during the forecast period due to the increasing incidence of auto-immune and chronic disease, and development of biologic drugs to treat autoimmune disease for which auto-injectors (a type of self-injection) are considered the best way of delivery. However, high cost and sterility of injections hamper the market growth.
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The self-injection market is segmented based on type, dosage form, therapeutic application, route of administration, end-user, distribution channel, and region.
Based on type, market is segmented into devices and formulations. Based on dosage form the self- injections market is segmented into single dose and multi-dose. Based on therapeutic application, the market is segmented into autoimmune diseases, hormonal disorders, oncology, orphan diseases, pain management, respiratory therapy, and others. Based on route of administration, the market is divided into skin, circulatory/musculoskeletal, organs, central nervous system. Considering the distribution channel, the market is divided into hospital pharmacies, private clinics, chemists, and online pharmacies. Based on end-user, the market is segmented into patient, physicians, home care settings, and others. The market is analyzed based on four geographical regions, which include North America, Europe, Asia-Pacific, and LAMEA.
The Major Key Players Are:
Abbvie, Inc., Antares Pharma, Becton Dickinson & Company, 3M Company, Baxter International Inc., Pfizer Inc., Penjet Corporation, PharmaJet, and Terumo Corporation.
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Key Benefits for Stakeholders:
• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global self-injections market.
• Comprehensive analysis of regions is provided to determine the prevailing opportunities in the global market.
• This study provides the competitive landscape of the global market to predict the competitive environment across geographies.
• This report entails the detailed quantitative analysis of the current market and estimations from 2020 to 2027 to identify the prevailing opportunities.
• Comprehensive analysis of factors that drive and restrict the market growth is provided in the report.
• Region- and country-wise self-injections market conditions are comprehensively analyzed in the report to understand the regional trends and dynamics.
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