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Needleless Syringe Market: Global Industry Outlook 2019-2026 by Size, Share, Trends, Key Companies, Latest Innovations and Investments

Needleless Syringe Market 2019 - Competitive Landscape, Consumption Overview and Regions (Europe, USA, Asia Pacific, etc.)

 

Seattle, WA -- (SBWIRE) -- 12/12/2019 -- This report studies Needleless Syringe in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2014 to 2019, and forecast to 2026.

A needle-free syringe is a system used to administer drugs and vaccines into patients without penetrating the skin. It is an extremely broad concept that includes different drug delivery systems through the skin using shock waves, pressure by gas or electrophoresis which propels through the skin. The global needleless syringe market report focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global needleless syringe market is expected to witness significant growth during the forecast period, owing to increasing demand for self-injection devices.

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Market Dynamics - Drivers

Growing prevalence of chronic diseases such as cancer and diabetes coupled with increasing demand for self-injection devices are expected to drive growth of the global needleless syringe market during the forecast period. According to the World Health Organization (WHO), in 2018, 18.1 million cases of cancer were registered around the world and caused deaths of 9.6 million individuals. According to the same source, in 2016, around 1.6 million deaths were directly attributed to diabetes. Furthermore, increasing incidence of needle-stick injuries and decrease healthcare costs are expected to propel the global needleless syringe market growth over the forecast period.

Market Dynamics - Restraints

Lack of trained personnel and regulated use of needle-free syringes are expected to restrain growth of the global needleless syringe market in the near future.

Regional Insights

Among regions, North America is expected to witness significant growth in the global needleless syringe market during the forecast period. This is owing to the presence of robust healthcare infrastructure and trained medical professionals in the region. Furthermore, Asia Pacific is expected to register a significant growth rate during the forecast period, owing to increasing incidence of hepatitis and diabetes. According to the WHO, there is a 2.0% prevalence of hepatitis B in the South-East Asia region.

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Competitive Landscape

Key companies in the market are focused on various growth strategies such as product development, in order to enhance their product portfolio and gain competitive edge in the market. For instance, in March 2017, National Medical Products introduced J-Tip Needle Free Injection System. The company has received an Innovative Technology contract from Vizient, Inc.

Major companies operating in the global needleless syringe market are National Medical Products, Inc., European Pharma Group, Valeritas, Inc., PharmaJet, and Crossject needle-free injection systems, PenJet Corporation, Medical International Technology, Inc., INJEX Pharma AG, and Antares Pharma, Inc.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Jet Injectors, Inhaler Technology, Transdermal Patch, Novel Needle Free Technologies

By Application, the market can be split into Vaccine Delivery, Pain Management, Insulin Delivery For Diabetes, Pediatric Injections

By Regions, this report covers (we can add the regions/countries as you want) North America, China, Europe, Southeast Asia, Japan, India

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