The Asia Pacific Needle-Free Injection Systems Market is expected to grow from US$ 32.68 million in 2022 to US$ 89.30 million by 2028; it is estimated to grow at a CAGR of 18.2% from 2022 to 2028.
Development of New Technologies for Needle-Free Injection System
s to Bolster Asia Pacific Needle-Free Injection Systems Market during Forecast Period
Parenteral is often considered the default drug delivery route but is also an implausible process. Increasing the use of innovative technologies such as the use of artificial intelligence (AI), bar code identification (BI), telecare, and e-prescription can help clinicians and pharmacists in many ways by allowing the storage of patient planned proceedings and patient records and smoothening the vaccination process. As a result, many pharmaceutical manufacturers have embraced IT technology owing to the various benefits of automated IT and provide painless and effective drug delivery systems that can benefit the patients. For instance, Nemera developed a customizable platform—Safe’n’Sound. It is an add-on passive safety device for a prefilled syringe that is aimed at preventing potential needlestick injuries by stimulating a feature that automatically activates at the end of the injection and simplifies the injection process. Healthcare workers had to deal with various challenges due to NSIs, but the burden of these injuries has reduced with the changing technology. A few of the key players operating in the needle-free injection systems market such as Portal Instruments and PharmaJet are focusing on developing innovative products such as micro-array patches, digital needle free injectors, and wearable needle free insulin injectors to deal with issues related to outmoded challenges related to breakage, leakage, and needlestick prevention. Thus, with the surge in new technologies, the demand for needle-free injection systems are expected to grow during the forecast period.
Market Overview
The Asia Pacific needle-free injection systems market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. This region accounted for over 21.16% of the global needle-free injection systems market in 2022, owing to the increasing prevalence rate of chronic diseases, rising healthcare expenditure, and growing communicable diseases due to the increasing needlestick injuries. Moreover, an increase in company initiatives for research and development, high technological advancements, and a rise in the focus of market players in emerging economies for the development of innovative products are expected to boost the growth of the Asia Pacific needle-free injection system market during the forecast period.
Asia Pacific Needle-Free Injection Systems Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Asia Pacific Needle-Free Injection Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Asia Pacific Needle-Free Injection Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Asia Pacific Needle-Free Injection Systems Strategic Insights
Asia Pacific Needle-Free Injection Systems Report Scope
Report Attribute
Details
Market size in 2022
US$ 32.68 Million
Market Size by 2028
US$ 89.30 Million
Global CAGR (2022 - 2028)
18.2%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Product
By Technology
By Type
By Usability
By Site of Delivery
Regions and Countries Covered
Asia-Pacific
Market leaders and key company profiles
Asia Pacific Needle-Free Injection Systems Regional Insights
Asia Pacific Needle-Free Injection Systems Market Segmentation
The Asia Pacific needle-free injection systems market is segmented on the basis of product, technology, type, durability, and country. Based on product, the Asia Pacific needle-free injection systems market is bifurcated into fillable needle-free injectors and prefilled needle-free injectors. The fillable needle-free injectors segment held a larger share of the market in 2022.
Based on technology, the Asia Pacific needle-free injection systems market is segmented into jet-based needle-free injectors, spring-based needle-free injectors, microarray patch injectors, and others. The jet-based needle-free injectors segment registered the largest share of the market in 2022.
Based on type, the Asia Pacific needle-free injection systems market is segmented into liquid-based needle-free injectors, projectile-based needle-free injectors, and powder-based needle-free injectors. The liquid-based needle-free injectors segment registered the largest share of the market in 2022.
Based on durability, the Asia Pacific needle-free injection systems market is bifurcated into disposable and reusable. The reusable segment held a larger share of the market in 2022.
Based on site of delivery, the Asia Pacific needle-free injection systems market is segmented into subcutaneous injectors, intramuscular injectors, and intradermal injectors. The subcutaneous injectors segment held the largest share of the market in 2022.
Based on application, the Asia Pacific needle-free injection systems market is segmented into vaccine delivery, insulin delivery, oncology, pain management, dermatology, and others. The vaccine delivery segment held the largest share of the market in 2022.
Based on end user, the Asia Pacific needle-free injection systems market is segmented into hospitals, home care settings, research laboratories, pharmaceutical and biotechnology companies, and others. The hospitals segment held the largest share of the market in 2022.
Based on country, the Asia Pacific needle-free injection systems market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the market in 2022.
Aijex Pharma International Inc., Crossject, Ferring B.V., Medical International Technologies (MIT Canada) Inc., NuGen Medical Devices, and Zealand Pharma A/S are the leading companies operating in the needle-free injection systems market in Asia Pacific.
The Asia Pacific Needle-Free Injection Systems Market is valued at US$ 32.68 Million in 2022, it is projected to reach US$ 89.30 Million by 2028.
As per our report Asia Pacific Needle-Free Injection Systems Market, the market size is valued at US$ 32.68 Million in 2022, projecting it to reach US$ 89.30 Million by 2028. This translates to a CAGR of approximately 18.2% during the forecast period.
The Asia Pacific Needle-Free Injection Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Needle-Free Injection Systems Market report:
The Asia Pacific Needle-Free Injection Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Needle-Free Injection Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Needle-Free Injection Systems Market value chain can benefit from the information contained in a comprehensive market report.