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Injectable Drug Delivery Market Size, Share, Growth Factors, Competitive Analysis & Forecast 2026

Injectable Drug Delivery Market Size, Share, Growth Factors, Competitive Analysis, Forecast 2026

A study by the American Diabetes Association (ADA) has found that around 30.3 million people in the U.S. were diagnosed with diabetes. The rising prevalence of chronic diseases such as diabetes, cancer, and others is boosting the global injectable drug delivery market. Fortune Business Insights in a report, titled “INJECTABLE DRUG DELIVERY: GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2019-2026” predicts the global market to rise at a remarkable CAGR of 12.8% during the forecast period. The global market was worth US$ 440.5 Bn in 2018, and by the end of 2026, the market is anticipated to reach US$ 1,135.1 Bn.

List of players leading the global Injectable Drug Delivery Market include:

  • SHL Group AB
  • BD
  • Insulet Corporation
  • Pfizer
  • Eli Lilly and Company
  • Elcam Medical
  • Ypsomed AG
  • West Pharmaceutical Services
  • Gerresheimer AG

Regional Overview:

Introduction of Novel Injectable Drug Delivery to Propel Growth in North America

Currently, the market in North America is exhibiting the highest CAGR owing to the rapid adoption of advanced and innovative injectable drug delivery. Moreover, injectable drug users are increasing as these devices are preferred owing to their therapeutic and convenience benefits. The amplified prevalence of chronic disorders such as cancer, diabetes, and others is driving the injectable drug delivery market size in North America.

As per the National Cancer Institute, around 1,735,350 cancer cases were registered in the U.S. With the help of an injectable device; chemotherapy drugs are delivered to cancer patients with ease. Another factor responsible for injectable drug delivery growth is the presence of major manufacturers in North America. This further increases the adoption of injectable drug delivery systems.

These manufacturers are planning to develop innovative drug delivery such as auto-injectors, smart wearables, among others in the years to come. Against this backdrop, the market is likely to grow in the forecast period in North America. As per the report, the market was valued at US$ 156.8 Bn in the year 2018.

Global Injectable Drug Delivery Market Segmentation

By Device Type

  • Conventional Injectable
  • Pre-filled Syringes
  • Auto-injectors
  • Pen-injectors
  • Others

By Application

  • Autoimmune Disorders
  • Diabetes
  • Pain Management
  • Aesthetic Treatments
  • Others

By Route of Administration

  • Subcutaneous
  • Intravenous
  • Intramuscular
  • Others

By End-User

  • Hospitals
  • Home Care Settings
  • Clinics
  • Others

By Geography

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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