Global Autoinjectors Market to Reach Worth USD 2.7 Bn by 2022: Credence Research

Global Autoinjectors Market to Reach Worth USD 2.7 Bn by
2022: Credence Research
According to the latest report published by Credence Research, Inc. “Global Autoinjectors Market
(Manual Injection Autoinjectors, Automated Injection Autoinjectors, Reusable Autoinjectors, Disposable
Autoinjectors, Variable Dose Autoinjectors & Smart Autoinjectors; & Therapeutic Areas) - Growth, Future
Prospects and Competitive Assessment, 2016 - 2022,” the autoinjectors market was valued at USD 869.0
Mn in 2015, and is expected to reach USD 2,740.7 Mn by 2022, expanding at a CAGR of 18% from 2016 to
2022.
Browse the full report Global Autoinjectors Market - Growth, Opportunities, Competitive Analysis, and
Forecast, 2016 – 2022 report at http://www.credenceresearch.com/report/autoinjectors-market
Market Insights
The global autoinjectors market is anticipated to undergo swift progress during the forecast period. This
market is characterized by rapid technological developments, growing count of severe allergy patients
and growing awareness about self-administered prefilled injections. The demand for disposable
autoinjectors will grow significantly during the forecast period.
Due to corresponding demands from drug administration industry, the biopharmaceutical companies
worldwide have introduced several solutions for injectable drug delivery and are perpetually pushing for
improvements in design and mechanism. It is expected that a significant part of new treatment
introductions in the market will comprise of injectables, out of which autoinjectors is the fastest emerging
drug delivery solutions, since these products deliver better patient experience and treatment adherence
through safe self-administration at home. Apart from the offered patient benefits, reduction in the
number of hospital visits can ultimately assist in reducing cost of healthcare and contain the burden on
healthcare personnel. New ergonomic designs and mechanisms introduced in autoinjectors have also
helped to efficiently address patient dexterity issues and minimize the risk of needle-stick injuries.
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Autoinjectors are being increasingly considered by biopharmaceutical companies as an appropriate
solution to commercialize their therapeutic solutions. However for successful commercialization and
implementation of related strategies, the companies require detailed planning, thorough knowledge of
drug-device combination mechanism, regulatory requirements and synergy with device manufacturers.

Acting against this, biopharmaceutical companies and device manufacturers have varied product
lifecycles and thus product development process may lead to gaps that might be crucial for the overall
project and affect commercialization and profitability. It is hence crucial for biopharmaceutical companies
to have in-depth understanding of every intermediate stage, the stage of entry of device manufacturer,
meeting regulatory mandates and other such processes.
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This market is intensely competitive, yet a handful of players take over significant market shares.
Upcoming introductions of several autoinjector products in 2018 and future will bring significant
movements in the overall autoinjectors market. Some of the key players operating in development,
manufacture and sale of autoinjectors in the international markets are Biogen Idec, Inc., Becton, Dickinson
and Company, Antares Pharma, Inc., Mylan, Inc., Novartis International AG, Unilife Corporation, Pfizer,
Inc., Scandinavian Health Ltd., Ypsomed Holding AG, Sanofi S. A., Bayer AG, Emergent BioSolutions and
others.
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