Injectors Market Intelligence

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  • PRO access to New Beroe LiVE*
  • Unlimited updates on the Report*
  • Supplier Watchlist for 3 suppliers*
  • Supplier Shortlisting Tool*

With this purchase you will be subscribed for a 12-month PRO membership to the upcoming all new Beroe LiVE (launching in Q3, 2020)

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*These features will be unlocked on the new Beroe LiVE when it launches (Q3, 2020)

Are you looking for answers on Injectors category?

Are you looking for answers on Injectors category?

  • What are the key trends in Injectors category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Injectors industry?
  • How is Injectors industry performing?

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Report Coverage

  1. Market Analysis
  2. Global Market Outlook – Market Size & End Markets
  3. Market Drivers & Constraints
  4. Industry Events

Production Size

Global Production Size/ Capacity

$4.76 billion (2019)

CAGR

13.4 %

Expected Global Production Size/ Capacity

$11.47 billion (2025)

Table of Contents

  1. Executive summary
  2. Executive summary
  3. Category Summary – Covid-19 Impact
  4. Summary – Industry-Level Impact – Meetings and Events
  1. Market Analysis
  2. Global Market Outlook – Market Size & End Markets
  3. Market Drivers & Constraints
  4. Porter’s Five Forces Analysis
  5. Industry Events

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Injectors Global Market Outlook:

MARKET OVERVIEW Global market size – $4.76 billion (2019)
Expected to grow at a CAGR of 13.4 percent to $11.47 billion by 2025

Market Trends:
The ability of self-administration of drugs or medicines is a key factor fueling demand for pen injectors. The devices offer advantages such as fewer visits to hospitals or clinics, low cost, and ease of use. Extensive research and development activities by key players to develop self-injection products and rise in approvals of novel self-injection devices.

Porter's Analysis on Injectors

Supplier Power

  • The supplier market for injectors has established players, with global presence. The market is value based as the devices are expensive
  • Moreover, generic players are entering the market to reduce the monopoly
  • Hence, the supplier power varies from medium to high

Barriers to New Entrants

  • Huge medical, R&D expertise, capital requirements makes it difficult for new entrants
  • Huge competition and majority of the companies profits depends on volume of sales
  • Meeting global regulatory requirements a key challenge for medium to complex medical
  • Need to have a good distribution network to offer better products and after sales services
  • Presence of established players in the market

Intensity of Rivalry

  • Existing competition is strong among the top players viz. Ypsomed, BD, etc.
  • Continuous innovation in the market coupled with huge demand for injectors leave the intensity of the rivalry as high among suppliers

Threat of Substitutes

  • Traditional injections, pre filled syringes, an other type of injectors are economical alternatives to self injecting devices
  • However, increase in inclination towards homecare self injecting devices for chronic patients and increasing advances to increase patient compliance threat of substitute remains low to medium

Buyer Power

  • Bargaining power for medical device clients is medium to low as suppliers are constantly innovating to provide better patient compliance features

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