Dublin, Feb. 01, 2023 (GLOBE NEWSWIRE) -- The "Autoinjectors - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Autoinjectors Market to Reach $168.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Autoinjectors estimated at US$50.9 Billion in the year 2022, is projected to reach a revised size of US$168.2 Billion by 2030, growing at a CAGR of 16.1% over the analysis period 2022-2030.
Rheumatoid Arthritis, one of the segments analyzed in the report, is projected to record a 16% CAGR and reach US$47.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Anaphylaxis segment is readjusted to a revised 15.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $13.9 Billion, While China is Forecast to Grow at 21.4% CAGR
The Autoinjectors market in the U.S. is estimated at US$13.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$40.4 Billion by the year 2030 trailing a CAGR of 21.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.9% and 13.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$26.4 Billion by the year 2030.
Looking Ahead to 2023
Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Metrics
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $50.9 Billion |
| Forecasted Market Value (USD) by 2030 | $168.2 Billion |
| Compound Annual Growth Rate | 16.1% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Rapid Shift from Self-Injectors to Autoinjectors for Easy and Safe Administration of Drugs Drives Demand
- North America: The Largest Market for Autoinjectors
- Autoinjectors - Global Key Competitors Percentage Market Share in 2022 (E)
- Global Epinephrine Autoinjector market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019E
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
FOCUS ON SELECT PLAYERS (Total 42 Featured)
- AbbVie, Inc.
- Amgen, Inc.
- Antares Pharma, Inc.
- Becton, Dickinson and Company
- Consort Medical PLC
- Eli Lilly and Company
- Haselmeier GmbH
- Mylan NV
- Owen Mumford Ltd.
- SHL Group
- Teva Pharmaceutical Industries Ltd.
- Ypsomed AG
MARKET TRENDS & DRIVERS
- Rising Prevalence of Targeted Therapies such as Cancer, Rheumatoid Arthritis, Multiple Sclerosis and Diabetes: A Strong Growth Driver
- Number of New Cases of Cancer Worldwide for the Years 2012, 2015, 2020, 2025 and 2030
- Diabetes Prevalence in the Age-Group of 20-79 Years in Millions by Region for the Years 2018, 2021 and 2025
- Global Injectable Drug Delivery Market: Revenues in US$ Billion for the Years 2016, 2018, 2020, 2022 and 2024
- Rising Incidence of Anaphylaxis and Increased Prescription Rate of Epinephrine Autoinjectors Boosts Market Demand
- Increasing Number of Regulatory Approvals for Autoinjectors in Various Diseases
- Generic Autoinjectors Take Center Stage
- Patent Expiry of Biologics to Drive the Demand for Biosimilars
- Strong Government Support and Favorable Reimbursement Policies Propel Market Growth
- Challenges
- Development of Autoinjectors for Multiple Drug Viscosities: A Major Challenge
- Increasing Demand for Alternative Drug Delivery Modes Hampers Market Growth
- Emergence of Oral Diabetic Agents, Oral Insulin and Epinephrine Nasal Sprays Poses Huge Challenge for Autoinjectors Market
- Product Overview
- Autoinjector: Definition
For more information about this report visit https://www.researchandmarkets.com/r/7255oo
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