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Jet Injector Devices Market by Type and Geography - Global Forecast and Analysis 2019-2023

  • Published: Sep 2019
  • Pages: 134
  • SKU: IRTNTR32026
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The global jet injector device market size will grow by USD 260.78 million during 2019-2023. This market report provides a detailed analysis of the market by type (powder and liquid and depot) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market's competitive landscape and offers information on many market vendors, including Antares Pharma Inc., Beijing Kushur Medical Technology Co. Ltd., Crossject, Endo International Plc, European Pharma Group BV, INJEX Pharma GmbH, Inovio Pharmaceuticals Inc., Medical International Technologies Inc., National Medical Products Inc., and PharmaJet Inc.

Key Insights on Jet Injector Device Market - Global Forecast 2019-2023

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Industry Overview

The rising prevalence of conditions such as diabetes, arthritis, and Parkinson's disease has increased the demand for self-injectable drug delivery devices. With advances in treatment techniques, self-administration methods have gained popularity. The geriatric population, who are prone to developing chronic health conditions, exhibit low patient compliance with injectable drug delivery devices. Also, these devices increase the risk of infection, overdose, and injury. Vendors have capitalized on these limitations and have started offering needle-free jet injectors. The increasing rate of self-administration of drugs under homecare settings has increased the demand for less invasive jet injectors. This will lead to the growth of the jet injector device market during 2019-2023.

Most of the pharmaceutical and biopharmaceutical companies have been carrying out extensive R&D on new therapeutics to treat many existing and new diseases. One of the recent developments is biologics. Biologics are available in many forms, including vaccination that requires a delivery system. The needle-free technology used in jet injections is highly effective for DNA vaccinations. Biopharmaceutical companies are also developing biologic vaccinations to treat cancer and certain neurological disorders. In addition to the development of less-invasive drug delivery devices, the rising focus on biologics to treat various prevalent health conditions will also drive market growth over the forecast period. This jet injector device market analysis predicts that as a result of these factors, the market will register a CAGR of almost 8%.

Top Companies in Jet Injector Devices Market

The global market is moderately fragmented. To help clients improve their market positions, this jet injector device market forecast report provides an analysis of the market's competitive landscape and offers information on the products offered by various companies. This report also includes information on the upcoming jet injector device market trends and challenges that will influence market growth. This will help companies in creating strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading jet injector device manufacturers, including:

  • Antares Pharma, Inc.
  • Beijing Kushur Medical Technology Co. Ltd.
  • Crossject
  • Endo International Plc
  • European Pharma Group BV
  • INJEX Pharma GmbH
  • Inovio Pharmaceuticals Inc.
  • Medical International Technologies Inc.
  • National Medical Products Inc.
  • PharmaJet Inc.

Market Segmentation

Jet Injector Devices Market by Type

  • Powder and liquid
  • Depot

The powder and liquid injectors segment held the largest market share in 2018 and will account for the highest jet injector device market share over the forecast period as well. Powder- and liquid-based load types are commonly used in jet injections, which can disperse the medication evenly on the area of action.

Moreover, these forms of medication are fast-acting and have delayed-release forms. These factors will boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the jet injector device market size.

Jet Injector Devices Market by Region

  • Asia
  • Europe
  • North America
  • ROW

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the jet injector device market throughout the forecast period. Factors such as the rising adoption of advanced technology in the healthcare sector, high awareness of self-administration in patients, and the growing prevalence of chronic and infectious diseases contribute to jet injector device industry growth in the region.

Major Highlights of the Jet Injector Devices Market - Global Forecast 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the jet injector device market size during the next five years
  • Precise estimation of the global jet injector device market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the jet injector device industry Asia, Europe, North America, and ROW
  • A thorough analysis of the market's competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of jet injector device companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Powder and liquid - Market size and forecast 2018-2023
  • Depot - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Technological advancements in jet injector devices
  • Business strategies
  • Increasing focus on development of biologics

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Antares Pharma, Inc.
  • Beijing Kushur Medical Technology Co. Ltd. 
  • Crossject
  • Endo International Plc
  • European Pharma Group BV
  • INJEX Pharma GmbH
  • Inovio Pharmaceuticals Inc.
  • Medical International Technologies Inc.
  • National Medical Products Inc.
  • PharmaJet Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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