Advanced Parenteral Drug Delivery Devices Market Market size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2022-2027
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• The Advanced Parenteral Drug Delivery Devices Market size is forecasted to reach $18.4 billion by 2027 and is expected to grow at a CAGR of 8.6% during the forecast period 2022-2027. • Parenteral medication administration is the second most commonly used route of drug administration after oral drug administration.
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Key Takeaways
• Parenteral products are a significant growth driver in today's brisk global biopharma market. A new generation of connected autoinjectors, infusion pumps and other drug delivery technologies combine personalized dosing with data collection and reporting. These delivery systems make dosing easier while also providing a new level of digital visibility and insight into each course of treatment. • During the pandemic, remote care management has increased and patients are keen to stay at home as much as feasible. This puts more pressure on biopharma companies to not only introduce new medicines faster and more efficiently than ever before, but also to incorporate features into those new products that make self-administered treatments as safe, effective and convenient as possible. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Advanced Parenteral Drug Delivery Devices Market Segment Analysis - by Product Type Advanced Parenteral Drug Delivery Devices Market based on product type can be segmented into Pre-fillable Syringes, Wearable Injectors, Pens & Auto-Injectors, Injectors cartridges, hypodermic syringes, IV catheters, Vial Bag Infusion systems and Others. The Pens & Auto-injectors segment held the largest share in the Advanced Parenteral Drug Delivery Devices Market in 2021 and is estimated to grow at a CAGR of 7.8% during the forecast period 2022-2027. Auto-injectors and pen injectors have become the new standard for injectable drug-delivery systems in this rapidly growing market. Because of their simplicity, dependability and ability to be administered directly by the patient without the assistance of a physician, their popularity has skyrocketed.
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Advanced Parenteral Drug Delivery Devices Market Industry
Outlook 1.Consort Medical Plc. 2.Eli Lilly and Company 3.Novo Nordisk 4.Insulet Corporation 5.Enable Injections 6.Amgen Inc.
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Advanced Parenteral Drug Delivery Devices Market-
Forecast(2022 - 2027) Learn More About the Report @ https://www.industryarc.com/Report/ 17337/advanced-parenteral-drug-de livery-devices-market.html Contact: (+1) 970-2363677 Email: sales@industryarc.com
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