Global Needle-Free Injection Device Market Growth 2023-2029

Global Needle-Free Injection Device Market Growth 2023-2029

Product Code:448907

Published Date: Feb 08,2023

Pages: 101

Region: Global

Category: Medical Devices & Consumables

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Needle-free Injection Device is a type of medical injecting syringe that uses a high-pressure narrow jet of the injection liquid instead of a hypodermic needle to penetrate the epidermis. It is powered by compressed air or gas, either by a pressure hose from a large cylinder, or form a built-in gas cartridge, small cylinder, or spring.

Needle-free injection systems are novel ways to introduce various medicines into patients without piercing the skin with a conventional needle. It was developed to reduce the number of needle stick accidents and associated problems.

LPI (LP Information)' newest research report, the “Needle-Free Injection Device Industry Forecast” looks at past sales and reviews total world Needle-Free Injection Device sales in 2022, providing a comprehensive analysis by region and market sector of projected Needle-Free Injection Device sales for 2023 through 2029. With Needle-Free Injection Device sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Needle-Free Injection Device industry.

This Insight Report provides a comprehensive analysis of the global Needle-Free Injection Device landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Needle-Free Injection Device portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Needle-Free Injection Device market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Needle-Free Injection Device and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Needle-Free Injection Device.

The global Needle-Free Injection Device market size is projected to grow from US$ 201.9 million in 2022 to US$ 400.3 million in 2029; it is expected to grow at a CAGR of 400.3 from 2023 to 2029.

Firstly, the technology of needle-free injection device industry is developing and the industry concentration is not high, There are over 30 manufacturers around the world, and the leading companies are Zogenix, Bioject, Glide Pharma, Crossject Medical and Injex Pharma, right now the production is almost dominated by producers in Europe and United States. In United States, a few companies occupy more than 60 percent of domestic needle-free injector market. On the other hand, almost all the high-end products produced by the global leaders, and the producers mainly produce low-end products in China and India. USA and Europe have a long history and unshakable status in this industry, such as Bioject and Akra Dermojet, leading the needle-free injection device industry. As to Japan, many big corporation has come into this area, however, the rate of the business in this area is not high compared to other area because Japanese companies always have many business areas. In Germany, it is Injex Pharma that lead the industry.

This report presents a comprehensive overview, market shares, and growth opportunities of Needle-Free Injection Device market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Powder Injections
    Liquid Injections
    Depot or Projectile Injection

Segmentation by application
    Drug Injection
    Cosmetic Surgery Use
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Zogenix
    Inovio
    Glide Pharma
    Akra Dermojet
    Crossject Medical Technology
    Injex Pharma
    Eternity Healthcare
    Antares Pharma
    Valeritas
    Medical International Technologies
    Penjet
    PharmaJet
    National Medical Products
    Activa Brand Products

Key Questions Addressed in this Report
What is the 10-year outlook for the global Needle-Free Injection Device market?
What factors are driving Needle-Free Injection Device market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Needle-Free Injection Device market opportunities vary by end market size?
How does Needle-Free Injection Device break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?