The global auto injectors market is anticipated to witness significant growth during the forecast period 2021-2027. The report provides in-depth analysis of the impact of covid-19 on the market, along with revised market numbers due to the effects of the coronavirus. Auto-Injectors are simple to use and are designed for patients or other caretakers or personnel to administer themselves at home.
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The worldwide auto-injectors market is primarily driven by the rising prevalence and occurrences of anaphylaxis and food allergies around the world. As per the American Academy of Allergy, Asthma, and Immunology (AAAAI), roughly 14 million people in the United States afflicted from food allergies in 2015, whereas 16 million people in Europe, including 3.4 million children, affected from food allergies in 2015. The global market for auto-injectors is growing in response to the rising occurrence of anaphylaxis. Moreover, during the forecast period, novel formulations and drug delivery systems, as well as innovation and advances in the biological drugs categories, are likely to push the global auto-injectors market. Other factors driving demand for auto-injectors in the global market include expanding self-medication practices, increasing costs for tailored drug delivery systems for the treatment of chronic diseases, and government approvals and marketing permits for auto-injectors. Furthermore, increased injector pricing, a lack of self-injection practices in emerging nations, and the availability of competitor goods are all factors limiting the worldwide auto-injectors market’s expansion.
In terms of Product Type, the market is fragmented into Reusable and Disposable. In terms of Disease Indication, the global market is categorized into Multiple Sclerosis, Rheumatoid Arthritis, Anaphylaxis and Diabetes. In terms of End Use, the global market is divided into Hospitals & Clinics and Homecare Settings.
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There are several industry players working in the auto injectors market, which include Becton, Dickinson and Company (U.S), Sanofi (France), Pfizer, Inc. (U.S.), Mylan N.V. (U.S.), Novartis AG (Switzerland), Bayer AG (Switzerland) , Johnson and Johnson Services Inc., (Janssen Global Services) (U.S.), Antares Pharma, Inc. (U.S.), Amgen Inc. (U.S.) and Eli Lilly and Company (U.S) to name a few.
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