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Increasing adoption towards personalized healthcare is driving the growth of the Global Autoinjectors Market

Friday, April 13, 2018 2:09
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Autoinjectors are pen-like devices used to deliver a fixed dose of the drug to patients and are intended for self-administration. Most of these auto-injector devices are spring loaded, pre filled syringes, and are used during serious allergic reactions also known as anaphylaxis or anaphylactic shock, and also in the cases of rheumatoid arthritis, and multiple sclerosis among others. Auto-Injectors are easy to use and intended for self-administration by patients or any other caretaker or personnel at home.

 In 1990, the first reusable auto-injector, called Imigran was introduced for the treatment of a migraine. Autoinjector manufactures are focused on consumer-centric layout tactics to decorate ease-of-use and conquer the unwillingness associated with self-administration of intramuscular injections.

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The Global Autoinjectors market was calculated to be around USD 1.99 billion in 2017 and expected to be developing at a CAGR of 16.85%, to attain USD 4.34 billion by 2022.

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The main factors of the Global Autoinjectors market are factors such as innovation within the drug shipping structures, developing adoption of auto-injectors, rising occurrence of anaphylaxis incidences, diabetes and cancer, favorable authorities policies and significant investments by various organizations.

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The market has additionally been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America has the largest market, with the US being the most important contributor to the revenue. On the other hand, Asia-Pacific is developing the quickest charge due to the growing population, increase in continual illnesses and emerging economies like China and India.

The leading companies of the market include Mylan N.V., Pfizer, Inc., Bayer AG, Becton, Dickinson and Company, Novartis AG, Biogen Idec, Inc., Janssen Global Services, LLC, Sanofi, Unilife Corporation and Eli Lilly and Company.

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  • The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
  • What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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Organization: MarketDataForecast™
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