An Auto-injector is basically a medical tool of pen shaped formed to transfer a dose of a particular drug. These tools are extensively being utilized at the times of serious allergic reactions that is anaphylaxis. They are mostly available in the form of pre-filled syringes. These devices are intentionally designed for overcoming the reluctance related with self-administration of intramuscular injections either by the patients or personnel at home.
The treatment of diseases like anaphylaxis, multiple sclerosis and rheumatoid arthritis is being performed with the help of these devices. The injecting site of that particular drug is dependent on the nature of the drug, but it is normally taken through the intramuscular route. Firstly, the syringe needle is placed at the site of injection after the button is pushed and finally, the drug gets delivered.
Increase in the incidence of anaphylactic shock, rise in the alertness of the patients related to these tools and patients preference to choose self-administration of injections come under the main factors that are compelling the progression of auto-injectors market size globally. We can also attribute the market’s growth to the government’s support for allowing the marketing of the instrument in various locations. Besides that increased level of the usage of the device in case of severe pain can also be considered as a huge driver for the market size.
It is anticipated that rise in the prices of these injectors and its substitute products like general injections and oral tablets can in some way act as a restraint for the market growth in the near future. Market size By Product spans Disposable Auto-injectors, Reusable Auto-injectors. Market size By Application spans Rheumatoid Arthritis, Anaphylaxis, and Other Emergency Condition. Market size By Distribution spans Hospital Pharmacies, Drug Stores, Online Pharmacies, and Others.
It is expected that the market will grow significantly over the predicted period. And the performance will be comparatively good owing to the rise in the number of patients for anaphylaxis treatment and rise in the alertness about prefilled self-administration injections. The market size is seen to be growing globally owing to the rise in geriatric population and increase in the incidence of diseases. It is estimated that the disposable auto-injectors will rise at a decent CAGR in the near future.
On the other side, the competition has been continuously increasing among the manufacturers of auto-injectors and that has resulted in driving the respective market towards the growth curve. The auto-injectors market size spans five major geographical locations which are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Rapid advancement in technology, rise in the healthcare expenditure and readiness to take up novel products for emergency care and chronic & acute diseases are the chief factors that will compel the global growth of auto-injectors market.
Lately, North American region is holding a major share of market. Due to increased government spending and greater awareness self-administration of pre-filled syringes and is anticipated to grow at a healthy CAGR in the coming years. Coming to Asia pacific, the region has increased its healthcare expenditure for emergency medical applications and the number of anaphylaxis cases has also risen. So, owing to those factors, the region is estimated to grow at the fastest CAGR.
The market in Western Europe will witness a decent CAGR, due to increase in the inclination of patients to choose self-administered injections. The prominent players in the auto-injectors market comprise Biogen Idec, Becton, Dickinson & Co., Mylan N.V., Pfizer, Inc., Sanofi, Unilife Corporation and Scandinavian Health Ltd. Besides, the auto-injectors market is likely to observe the emergence of many other local participants over the predicted period.
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