Needle Free Injection System Market worth 20.17 Billion USD by 2021

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MarketsandMarkets Presents
Needle Free Injection System Market worth 20.17
Billion USD by 2021
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edle-free-injection-system-market-165815861.html
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The report "Needle Free Injection Systems Market
by Product (Fillable, Prefilled), by Technology
(Jet, Spring, Laser, Vibration), Usability
(Reusable, Disposable), Type of Medication
(Liquid, Depot), Delivery Site (Intramuscular,
Subcutaneous) - Forecasts to 2021", The global
needle-free injection system market, in terms of
value, is projected to reach USD 20.17 Billion by
2021 from USD 9.81 Billion in 2016, at a CAGR of
15.5 during the forecast period. Browse 151
market data tables and 33 figures spread through
183 pages and in-depth TOC on Needle Free
Injection Systems Market by Product (Fillable,
Prefilled), by Technology (Jet, Spring, Laser,
Vibration), Usability (Reusable, Disposable),
Type of Medication (Liquid, Depot), Delivery Site
(Intramuscular, Subcutaneous) - Forecasts to
2021 http//www.marketsandmarkets.com/Market-Rep
orts/needle-free-injection-system-market-165815861
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edle-free-injection-system-market-165815861.html

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• Growth in this market is mainly driven by growing
  prevalence of chronic disease, increasing
  incidence of communicable disease due to needle
  stick injuries, rising demand for biosimilars and
  vaccination, advantages of drug delivery
  technology, increasing demand for self-injection
  devices. On the other hand, high development cost
  of needle-free injection systems over the
  conventional needle injection may hinder the
  growth of this market during the forecast period.

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• The report segments the needle-free injection
  system market based on product, technology, type,
  site of delivery, applications, end user and
  regions. Based on the technology, the market is
  divided into Jet-based needle-free injectors,
  spring-based needle-free injectors, laser-based
  needle-free injectors and vibration-based
  needle-free injectors. The jet-based needle-free
  injectors are expected to witness the highest
  growth during the forecast period, due to their
  advantages over the other injector systems.

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edle-free-injection-system-market-165815861.html
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• Based on the Applications, the market is
  segmented into vaccine delivery, insulin
  delivery, Oncology, pain management and other
  applications the vaccine delivery application
  segment is projected to be the fastest-growing
  segment during forecast period in 2016. The
  growth of this market primarily attributed to
  factors such as the rising incidence of chronic
  diseases, technological advancement, and growing
  preference for self-medication.
• Based on region, the needle-free injection system
  market is segmented into North America, Europe,
  Asia, and the Rest of the World (RoW).

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• North America is further subsegmented into the
  U.S. and Canada while Europe is further
  subsegmented into Germany, France, the U.K.
  Italy, Spain, and Rest of Europe (RoE) Asia is
  further subsegmented into Japan, China, India and
  Rest of Asia (RoA). In 2016, North America is
  expected to dominate the market, followed by
  Europe. The increasing demand for
  self-administration, and rising prevalence of
  chronic diseases and conditions (such as heart
  disease, stroke, cancer, type 2 diabetes,
  obesity, and arthritis), advantages offer by
  needle-free injection system are driving market
  growth in North America. 

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• However, Europe is expected to grow at the
  highest CAGR during the forecast period.  The
  high growth in this market is attributed to the
  rising demand for biologics, growing prevalence
  of chronic diseases, technological advancements,
  mergers and acquisitions by major companies in
  the market, favorable reimbursement policies,
  increasing healthcare expenditure and regulatory
  approvals of new injection system are key factors
  driving the market growth in Europe.

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• The needle-free injection system market is a
  fragmented market, with several big and emerging
  players.Key market players include Antares
  Pharma, Inc. (U.S.), Endo International plc
  (U.S.), PharmaJet (U.S), Bioject Medical
  Technologies Inc. (U.S), Medical International
  Technology, Inc. (U.S), INJEX Pharma AG
  (Germany), National Medical Products Inc. (U.S.),
  Valeritas, Inc. (U.S.), European Pharma Group
  (Netherland), PenJet Corporation (U.S), Crossject
  SA (France).

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