The Global Needle-Free Injection System Market Is Witnessing High Growth Owing To the Increasing Launch of Advanced Needle-Free Injection Systems in the World
Needle-free Injection System Market, by Product Type (Prefilled and Fillable), by Delivery Site (Subcutaneous Injectors, Intramuscular Injectors, and Intradermal Injectors), by Product Lifecycle (Disposable and Reusable), by Technology (Jet-based needle-free injector, Spring-based needle-free injector, and Laser-powered needle-free injector), by Application (Vaccine and Other Biologic Product Delivery, Insulin Delivery, and Others), by End User (Hospitals & Clinics and Home Based Care), and by Geography - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028.
Market Overview:
Needle-free
Injection System Market technology has the potential to make the
administration of medicine safer and more convenient. It reduces the risk of
needle stick injuries and eliminates the pain and discomfort of needle
injections. Needle-free injection systems can be used to deliver a wide variety
of drugs subcutaneously. The technology works by utilizing a compressed gas
that is actuated after a small hole has been formed in the skin. When the gas
is injected, a narrow jet of fluid is released, which impacts the skin at high
speeds. This narrow stream is then pushed through the skin with a precise
dose.
Competitive Landscape:
Major
players operating in the global needle-free injection system market include
Crossject SA, European Pharma Group, Valeritas, Inc., National Medical Products
Inc., INJEX Pharma AG, PenJet Corporation, Medical International Technology,
Inc., Bioject Medical Technologies Inc., PharmaJet, Zogenix, Portal
Instruments, Inc., Endo International plc, and Antares Pharma, Inc.
Key Market Drivers:
Increasing
developments in the global needle-free injection system market are expected to
augment the growth of the market. For instance, in October 2021, Enesi Pharma
initiated the development of its next-generation vaccination products, which
are used for targeting emergent threat pathogens and infectious diseases. One
of the major advantages of needle-free injectors is the reduction of the need
for training and personnel supervision. In addition, they are easy to store and
dispose of. They are also very effective. Despite their cost, they are
preferred by many patients and physicians. Moreover, the increasing incidence
of chronic diseases in the world is estimated to enhance the growth of the
global needle-free injection system market.
Covid-19 Impact
Analysis:
During
the COVID-19 pandemic, there have been several developments in the global
needle-free injection system market. For instance, in August 2021, Zydus Cadila
and PharmaJet partnered in order to announce the approval of Emergency Use
Authorization (EUA) for the first plasmid DNA COVID-19 vaccine delivery with a
needle-free injection.
Key Takeaways:
·
North America is expected
to dominate the growth of the global needle-free injection system market, owing
to the high developments by key players in the region. For instance, in
December 2021, Nykode Therapeutics and PharmaJet partnered in order to announce
the phase 1/2 medical trial with advanced DNA-based COVID-19 vaccines.
·
Europe is estimated to
witness high growth in the global needle-free injection system market, owing to
the increasing expansion of market key players in the region. For instance, in
May 2021, Enesi pharma achieved a significant milestone in developing
thermostable solid-dose live vaccines, to treat Rubella and Measles.
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