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Research Report on Needle-Free Injection System Market Globally strategic overview

The Global Needle-Free Injection System Market, in terms of value, is projected to reach USD 20.17 Billion, at a CAGR of 15.5% during the forecast period.

ID: 1548972
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(businesspress24) - According to a new market research report   Forecasts

Based on the technology, the Needle-Free Injection System Market is divided into Jet-based needle-free injectors, spring-based needle-free injectors, laser-based needle-free injectors, and vibration-based needle-free injectors. The jet-based needle-free injector is expected to account for the largest market share in 2016, due to their advantages over the other injector systems.

Based on the Applications, the Needle-Free Injection System Market is segmented into vaccine delivery, insulin delivery, Oncology, pain management, and other applications; the vaccine delivery application segment is projected to be the fastest-growing segment during the forecast period in 2016. The growth of this market primarily attributed to factors such as the rising incidence of chronic diseases, technological advancement, and growing preference for self-medication.

Based on the end user, the Needle-Free Injection System Market is segmented into Hospitals and Clinics, home care settings, research laboratories, pharmaceutical and biotechnological companies and another end user. The hospitals and clinics segment are expected to grow at the highest rate in the forecast period. The growth in this segment can primarily be attributed to the advancement in the medication or drug delivery technology and rising geriatric population.

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Geographical Analysis:

The Needle-Free Injection System Market is dominated by North America, followed by Europe, Asia, and the Rest of the World. While North America is expected to dominate the market. Europe is expected to grow at the highest CAGR during the forecast period. The high growth in this market is attributed to the rising demand for biologics, growing prevalence of chronic diseases, technological advancements, mergers and acquisitions by major companies in the market, favorable reimbursement policies, increasing healthcare expenditure and regulatory approvals of new injection system are key factors driving the market growth in Europe



The Needle Free Injection System Market is a fragmented market, with several big and emerging players.Key market players include Antares Pharma, Inc. (U.S.), Endo International plc (U.S.), PharmaJet (U.S), Bioject Medical Technologies Inc. (U.S), Medical International Technology, Inc. (U.S), INJEX Pharma AG (Germany), National Medical Products Inc. (U.S.), Valeritas, Inc. (U.S.), European Pharma Group (Netherland), PenJet Corporation (U.S), Crossject SA (France).



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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales(at)marketsandmarkets.com



published by: gajanan
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Date: 05/13/2019 - 12:07
Language: English
News-ID 1548972
Character count: 3143
Kontakt-Informationen:
Firma: marketsandmarkets
Ansprechpartner: shelly singh Feedback to businesspress24.com about Pressrelease-id:
Stadt: northbrook
Telefon: 18886006441

Meldungsart: Financial
Versandart: send
Freigabedatum: 13.05.2019
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