Research NEWS: Major Leaders Adopting Different Strategies to Firm Their Places in Global Injectable Drug Delivery Industry

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The global Injectable drug delivery market, in terms of value, is projected to reach USD 624.50 Billion by 2021 from USD 362.38 Billion in 2016, at a CAGR of 11.5% during the forecast period.

(EMAILWIRE.COM, May 05, 2017 ) Browse 288 market data tables and 34 figures spread through 256 pages and in-depth TOC on “Injectable Drug Delivery Market"
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Geographical Analysis:

North America is projected to dominate the market in 2016, with the U.S. accounting for a major share. However, Asia is expected to grow at the highest CAGR during the forecast period. This growth is attributed to rising incidence of chronic and autoimmune diseases and rising aging population. Also, high penetration of self-injection techniques and technologies in Asian countries such as China, Japan, and India adds to the demand for injectable devices in the region.

Apart from the comprehensive geographical analysis, product analysis, and market sizing; the report also provides a competitive landscape that covers the growth strategies adopted by industry players in the last three years. In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted.

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Industry Insights:

Growth in this market is mainly driven by increasing prevalence of chronic diseases, rising aging population, increasing use of biologics, increase in the prevalence of chronic diseases, increasing occurrence of needlestick injuries, and the benefits of injections.

Furthermore, high penetrations of self-injection techniques, maximum patient compliance, reduction in the frequency of dosage administration without compromising the effectiveness of the treatment and increasing disposable income offer potential opportunities. On the other hand, various increasing complications, such as use of alternative delivery methods, safety concerns, and risk of transmission of blood-borne infections and needlestick injuries may hinder the growth of the market.

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Major Industry Leaders:

Prominent players in the injectable drug delivery market include Becton, Dickinson and Company (U.S.), Baxter International (U.S.), Pfizer (U.S.), Gerresheimer AG (Germany), Schott AG (Germany), Eli Lilly and Company (U.S.), and Terumo Corporation (Japan).

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