San Francisco, California, March 06, 2017: TMR Research has published a new report titled, “Wearable Injectors Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 – 2025.” Wearable injectors have brought a revolution in drug delivery practices. They are self-administered and faster means of drug delivery. They are convenient and safe, and thus in high demand. Wearable injectors have proven to be extremely effective as well as efficient for drug delivery in patients and this is driving the growth of the global wearable injectors market. Wearable devices or variable injectors that administer insulin for patients suffering from type 2 diabetes has become extremely popular on account of their effectiveness. Their use for delivering insulin is heightening the adoption of wearable injectors.
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Wearable injectors are integrated with Bluetooth and this helps patients to be reminded regarding their injection timings as well as offers information regarding the therapy regime. Therefore, technological advancements is a very important factor for driving the growth prospects of the global wearable injectors market. The report states that the growing popularity of biologics will also benefit the wearable injectors market.
Wearable injectors are also becoming popular on account of the ease of customisation possible as per the needs of a patient. Wearable injectors offers a more comfortable experience to patients with regards to drug delivery. Wearable injectors limits the number of subcutaneous injections and this is a very important benefit. Also it reduces the dosage frequency and this is also a key benefit boosting the growth of the global wearable injectors market. All these factors are helping to improve patient compliance while undergoing treatment and this will accelerate the demand for wearable injectors.
On the basis of geography, North America has been leading in the market on account of the easy availability of advanced technologies as well as early adoption of innovation and advanced devices. The market for variable injectors in North America is driven on account of the rising use a reusable technology and growing adoption of advanced devices for delivery of drugs. Good marketing by market players as well as escalating number of patients in the region are also expected to be behind the growth of the variable injectors market in North America.
The report profiles key players within the global wearable injectors market for the purpose of study. The business and financial overview of these companies as well as their recent developments in the field of drug delivery devices have been noted in the report. The degree of competition, the threat of substitutes, the entry-level barriers for new entrants, and other characteristics such as supplier’s bargaining power and buyer’s bargaining power have being examined in the study. Also, the key strategies adopted by leading players within the global wearable injectors market have been revealed. As such, the report turns out to be an extremely informative and important tool for making profitable business decisions for potential investors. The list of companies mentioned in the report are UNILIFE CORPORATION, Enable Injections, Becton, SteadyMed Therapeutics Inc., Dickinson and Company, Bühler Motor GmbH, Insulet Corporation, West Pharmaceuticals Services Inc., Sensile Medical AG, Ypsomed, and Amgen Inc.