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The global wearable injectors market size reached a value of around USD 7.94 billion in 2023, driven by the rising prevalence of chronic disorders. The market is further expected to grow at a CAGR of 11.9% during the forecast period of 2024-2032, likely to attain a value of around USD 21.86 billion by 2032.
Wearable injectors refer to drug delivery devices that are used to deliver drug doses to the body. These drugs are delivered automatically on pre-set doses to the patient on set intervals, which is administered by the physician.
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The growth of the market is significantly being driven by the rising prevalence of chronic diseases like diabetes and cancer, among others. The growth of the market is also being driven by the rapid technological advancements in the healthcare sectors, along with the growing emphasis of the governments on improved healthcare infrastructure and facilities. Higher investment and funding by the governments and healthcare organisations are also providing a significant impetus to the growth of the market.
Based on type, the market is divided into type, therapy, end user, and region.
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Market Breakup by Type
Market Breakup by Therapy
Market Breakup by End User
Market Breakup by Region
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The market for wearable injectors has been witnessing robust growth and is anticipated to continue witnessing demand in the coming years with the rapidly developing healthcare sector. Among the regional markets, North America is anticipated to lead the global market as the region has the highest presence of the key players.
Apart from North America, Asia Pacific is also anticipated to register significant growth in the coming years owing to the rising prevalence of chronic conditions in the region, especially amongst the geriatric population. The favourable policies by the government for the use of these devices is likely to bolster the growth of the market.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global wearable injectors market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Therapy |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Wearable Injectors Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market attained a value of USD 7.94 billion in 2023.
The market is anticipated to grow at a CAGR of 11.9% during the forecast period of 2024-2032 to attain a value of around USD 21.86 billion by 2032.
The growth of the market is driven by factors like rising prevalence of chronic disorders and the rapid technological advancements.
The key trends which are bolstering the market growth include the rising investment and funding by the government.
The major regional markets include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The types can be categorized into on-body injectors and off-body injectors.
The therapies in the market include oncology, autoimmune disease, diabetes, and cardiovascular disease, among others.
The end-users in the market include hospitals, diagnostic centres, and home care, among others.
The key players in the market can be categorised into Amgen, Becton, Dickinson and Company, Dexcom, Inc., Enable Injections, Insulet Corporation, Sensile Medical, Tandem Diabetes Care, Ypsomed, Johnson & Johnson Services, F. Hoffmann-La Roche Ltd, Unilife Corporation, SteadyMed Therapeutics, Insulet Corporation, and CeQur SA.
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