Patient Controlled Injectors Market Forecast to 2027


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Uploaded on Aug 2, 2021

Patient Controlled Injectors Market is expected to reach US$ 7,505.70 million by 2027 According to The Insight Partners market research study of “Patient Controlled Injectors Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Product, Application, Distribution Channel, and Geography”, the global patient controlled injectors market is expected to reach US$ 2,969.47 million by 2027 from US$ 7,505.70 million in 2019. The market is estimated to grow at a CAGR of 12.4% from 2020 to 2027. The report highlights trends prevailing in the global patient controlled injectors market and the factors driving market along with those that act as hindrances. Download Sample PDF @ https://www.theinsightpartners.com/sample/TIPRE00015234/

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Patient Controlled Injectors Market Forecast to 2027

Patient Controlled Injectors Market Forecast to 2027 The patient controlled market was valued at US$ 2,969.47 million in 2019 and is projected to reach US$ 7,505.70 million by 2027; it is expected to grow at a CAGR of 12.4% from 2020 to 2027. The patient controlled injectors are the recent invention in the administration of injections. There are high-unmet needs of people/ HCPs or patients’ requiring the patient-controlled injectors, as it has greater ease and comfort than any other auto-injectors. These are ergonomically developed, and the design of patient- controlled injectors can help optimize self- care, making it easy for patients to handle the system and administer the dosages at just one press. Lucrative Regional Patient Controlled Injectors Markets The patient controlled injectors market is expected to witness a significant growth due to increasing prevalence of infectious diseases and growing emphasis on superior patient compliance. However, poor adoption of injectors in emerging countries is likely to deter the growth of the market during the forecast period. Download Sample Copy @ https://www.theinsightpartners.com/sample/TIPRE00015234/ Market Insights Rising Prevalence of Chronic Diseases Patient controlled Injectors are subcutaneous drug delivery systems that adhere to the body and administer larger volumes (more than 2 mL) of a drug over an extended period. With the use of patient-controlled injectors, dosing errors, microbial contamination risks, and needle stick injuries can be avoided that are caused during parenteral drug administration using injections. In the last few years, the pharmaceutical industry has witnessed the introduction of several innovative interventions for the treatment of various chronic diseases. However, the majority of the available treatment options require parenteral drug administration, frequent dosing, and repeated hospital visits. Therefore, patient controlled injectors are preferred for the treatment of chronic diseases where long-term treatment is necessary. Chronic diseases, such as blood disorder, autoimmune disorders, and various types of cancer, are the leading causes of death and disability worldwide. According to the Centers for Disease Control and Prevention, in 2019, nearly 6 in 10 people suffer from at least one chronic disease in the US.   Cardiovascular diseases (CVDs) are a significant cause of mortality globally owing to the hectic lifestyle. As per the World Health Organization (WHO), CVDs are the number one cause of death globally, taking an estimated 17.9 million lives each year. Many biologics are commercially available for the treatment, but the conventional drug delivery methods are unable to provide accurate dosage. This augments the use of patient controlled injector drug delivery systems that provide targeted drug delivery and prolonged drug residence to the affected areas of the cardiovascular system. Hence, the adoption of patient controlled injectors is likely to increase, thereby propelling the market growth. Product-Based Insights Based on product, the patient controlled injectors market is segmented into electronic wearable injector, mechanical wearable injector, and infusion pumps. In 2019, the electronic wearable injector segment held the largest share of the market; whereas, the mechanical wearable injector segment is likely to witness the fastest growth during the forecast period. Global Patient Controlled Injectors Market, by Product – 2019 & 2027 Application-Based Insights Based on application, the patient controlled injectors market is segmented into cancer treatment, auto-immune treatment, blood disorders treatment, and others. The cancer treatment segment held the largest share of the market in 2019 and is estimated to register the fastest growth during the forecast period.   Distribution Channel-Based Insights Based on distribution channel, the patient controlled injectors market is segmented into hospital pharmacies, retail pharmacies, and mail order pharmacies. The hospital pharmacies segment held the largest share of the market in 2019 and is estimated to register the fastest growth during the forecast period. The demand for patient controlled injectors increased during the pandemic. Factors such as increased patient population, shortage of healthcare resources, and ease of increased the adoption of injectors had positive impact on the market by certain extent. However, implementation of physical distancing policies and total shut down of businesses in order to prevent the viral infection disrupted the supply chain operations, which, in turn caused a negative impact on the market growth.   Strategic Insights Product launches and expansion strategy is commonly adopted by companies to expand their footprint worldwide and meet the growing demand. This strategy is most commonly adopted by the market players in order to expand its product portfolio.   The market players operating in the patient controlled injectors market adopted the strategy of product innovation to cater the changing customer demand across the world, which also permits the players to maintain their brand name globally. Patient Controlled Injectors Market – By Product Electronic Wearable Injector Mechanical Wearable Injector Infusion Pumps Patient Controlled Injectors Market – By Application Cancer Treatment Auto-immune Treatment Blood Disorders Treatment Others Patient Controlled Injectors Market – By Distribution Channel Hospital Pharmacies Retail Pharmacies Mail Order Pharmacies Company Profiles • Gerresheimer AG • F. Hoffmann-La Roche Ltd. • Johnson and Johnson Services, Inc. • Ypsomed AG • Westbourne Medical Limited • Enable Injections • scPharmaceuticals Inc. • United Therapeutics Corporation • BD Patient Controlled Injectors Market    Access Full Research Report at: https://www.theinsightpartners.com/reports/patient-controlled-injectors-market/   Thank You! Thank You!