The global patient-controlled injectors market is expected to reach US$ 3.5 billion by 2022, growing at a stunning CAGR of about 12% to 13% between 2022 and 2032. The patient-controlled injectors market is predicted to exceed US$ 8 billion by the end of 2032, up from US$ 3 billion in 2021. North America is expected to be the most lucrative market for patient-controlled injectors, accounting for around US 3.5 billion in sales by 2032.
Patient-controlled injectors are a form of sophisticated drug delivery system that adheres to the body subcutaneously and dispenses higher amounts (more than 2 mL) of a medicinal fluid or medicine over an extended period of time.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Patient-Controlled Injectors Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Patient-Controlled Injectors market.
Key Patient-Controlled Injectors Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Patient-Controlled Injectors market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Patient-Controlled Injectors Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Patient-Controlled Injectors market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Patient-Controlled Injectors Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Patient-Controlled Injectors market. As per the survey, Patient-Controlled Injectors sales will project steady growth over the forecast period.
- Patient-Controlled Injectors Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Patient-Controlled Injectors market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Patient-Controlled Injectors Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Patient-Controlled Injectors market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Patient-Controlled Injectors market.
Some of the prominent market players are profiled by FMI are:
- West Pharmaceutical Services, Inc
- Johnson and Johnson Services, Inc.
- Janssen Pharmaceutical
- United Therapeutics Corporation
- Westbourne Medical Ltd.,
- SC Pharmaceuticals Inc.
- Gerresheimer AG
- Hoffmann-La Roche Ltd.
- Others
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Key Segments Profiled in the Patient-Controlled Injectors Market Survey
By Product:
- Electronic Wearable Injector
- Mechanical Wearable Injector
- Infusion Pumps
By Application:
- Blood Disorders Treatment
- Cancer Treatment
- Auto-immune Treatment
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Mail Order Pharmacies
- Others
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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