Needle-Free Drug Delivery Devices Market Size, Share & Trends Report

Needle-Free Drug Delivery Devices Market Size, Share & Trends Analysis Report By Application, By Technology (Jet Injectors, Inhaler, Transdermal Patch, Novel Needle Free), and Segment Forecasts, 2018 - 2025

  • Published Date: Dec, 2018
  • Base Year for Estimate: 2017
  • Report ID: 978-1-68038-879-4
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2016
  • Number of Pages: 90

Industry Insights

The global needle-free drug delivery devices market size was valued at USD 7.37 billion in 2017. It is poised to exhibit a CAGR of 10.5% during the forecast period. Widening base of diabetic patients and increasing ease in access to type1 diabetes are likely to stimulate the growth of the market during the forecast period.

Conventionally, Type 1 diabetes patients requiring regular glucose monitoring use needles, which increases the risk of infection and pain among individuals. Needle-free devices provide pain less delivery and negate the risk of infection. As a result, the demand for these devices is expected to increase during the forecast period.

U.S. needle-free drug delivery devices market

Furthermore, surging demand and technological advancements in the field of pain-free drug transportation and self-administration have been playing an instrumental role in driving the market. For instance, Zogenix had introduced DosePro, a needle-free medication transportation technology in 2015, which is a prefilled, single-use. and disposable subcutaneous medicine transportation system for self-administration of liquid medicine formulations.

Rising pressure to curb the incidence rate of infectious diseases such as hepatitis, dengue fever, neurological disorders, and AIDS caused by West Nile virus during transmission is estimated to bode well for the growth of the market during the forecast period. For instance, according to the Centers for Disease Control and Prevention (CDC), in 2015, about 47,352 individuals were diagnosed with HIV infection, of which 3,096 individuals were attributed to the injection drug use (IDU).

Technology Insights

The transdermal patch has gained popularity over the years owing to associated advantages such as maintaining constant drug levels, fewer side effects, and effective absorption of medications, which couldn’t be absorbed via GI tract. Additionally, as the substance is released evenly and directly into the bloodstream, less amount of medicine is required. Owing to the aforementioned factors, the segment is anticipated to register the highest growth during the forecast period are anticipated to boost the demand for transdermal patches in coming years.

 In 2017, jet injectors accounted for the largest share in the market, due to benefits associated with them over other traditional drug transportation devices with needles. These benefits include faster drug delivery into bloodstream and insulin distribution over a larger area in lower layer of an individual's skin.

Jet injectors are utilized for a wide array of applications owing to their merits such as rapid administration, improved dosing accuracy, faster response rates, and better diffusion into tissues, reduced pain, reduced sharp waste, and easy portability. However, they can also be utilized for potential applications such as local anesthesia, intralesional corticosteroids, Direct palmar (BoNT-ONA, onabotulinum toxin A) BoNT-ONA, intralesional bleomycin, and Intralesional 5-ALA. These factors are projected to help the market remain dominant until 2025.

Application Insights

Insulin delivery was the most prominent application segment in the needle-free drug delivery device market in 2017.  The growh of the segment can be to rising incidence of diabetes and increasing shift towards unhealthy lifestyle habits. For instance, according to the Centers for Disease Control and Prevention, about 30.3 million individuals were affected by diabetes globally in 2017, of which 9.4% were U.S. citizens. However, about 23.1 million people were diagnosed and 7.2 million remained undiagnosed.

Moreover, owing to introduction of technologically advanced products such as insulin micropump, insulin pen, insulin spray, inhalable insulin, and other novel jet injectors, the insulin delivery segment is poised to post a lucrative CAGR during the forecast period. For instance, by 2019, Novartis is expected to launch an EpiPen that will cost around $250.0 and is cheaper than other EpiPen products available in the market. Additionally, Zeneno by Crossject is likely to be launched in the coming years and is estimated to have a lower target price.

Global needle-free drug delivery devices market

In addition, the pain management segment held a sizeable share in the market owing to mounting cases of medical conditions such as chronic pain, pain disorder, myofascial pain syndrome, arthritis, and migraines. For instance, according to the American Pain Foundation Chronic in 2017, pain affected about 40-50 million Americans per year.

Regional Insights

North America accounted for approximately 44.0% of the overall revenue in 2017. High awareness regarding potential benefits of needle-free drug delivery devices has supported the dominance of the region in the global arena. Moreover, presence of well-developed healthcare facilities and extensive R&D expenditure by government organizations and pharmaceutical companies for diabetes and chronic pain management are also contributing to the growth of the market.

The Asia Pacific market is anticipated to witness lucrative growth over the forecast year owing to rising prevalence of diabetes in developing countries such as India and China. For instance, the International Diabetes Federation states that in 2017, India had about 7.2 billion individuals suffering from diabetes and China had about 11.4 billion individuals suffering from diabetes.

Needle-Free Drug Delivery Devices Market Share Insights

The needle-free drug delivery device market is marked by presence of various small and large companies. It is competitive in nature and dominated by key market players such as Antares Pharma, 3M, and Injex Pharma AG. Some other key players are Verdict Media Limited; Pharmajet; Zonenix; Inovio Pharmaceuticals, Inc.; Valeritas, Inc.; and Penjet.

Companies are adopting strategies such as new product launch, regional expansion, partnership, and distribution agreements to increase their market penetration. For instance, in October 2017, Antares Pharma and Ferring Pharmaceuticals entered into a definitive agreement. The latter received fixed assets from Antares and rights to sell ZOMAJET, needle-free auto-injector, worldwide. Additionally, in 2017, Takeda and Portal Instruments collaborated with each other to develop and commercialize Portal’s needle free drug delivery device, which is to be used with biologic medicines offered by Takeda Pharmaceuticals. Such initiatives are projected to propel the market during the forecast period.

Report Scope

Attribute

Details

The base year for estimation

2017

Actual estimates/Historical data

2014  -  2016

Forecast period

2018  -  2025

Market representation

Revenue in USD Million & CAGR from 2018 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, MEA

Report coverage      

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

U.S., Canada, Germany, U.K., Japan, China, India, Brazil, Mexico, South Africa

15% free customization scope (equivalent to 5 analysts working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of the customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global needle-free drug delivery devices market report on the basis of technology, application, and region:

  • Technology Outlook (Revenue, USD Million, 2014 - 2025)

    • Jet injectors

    • Inhaler technology

    • Transdermal patch technology

    • Novel needle-free technologies

  • Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Vaccine delivery

    • Pain management

    • Insulin delivery for diabetes

    • Pediatric injections

    • Others

  • Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

      • Canada

    • Europe

      • U.K.

      • Germany

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Mexico 

      • Brazil

    • Middle East & Africa

      • South Africa

Key questions answered by the report
Request for Customization

Choose License Type

Single User - $5,950
Multi User (2-5) - $6,950
Enterprise Access - $8,950

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert.

  • Custom research service

    Custom research service

    Design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • grand view research PCI DSS complaint grand view research paypal verified