Lucintel's latest market report analyzed that needle-free injection system provides attractive opportunities in the hospitals and clinics, homecare settings, research laboratories, pharmaceutical and biotechnology companies. The needle-free injection system market is expected to reach $6.4 billion by 2027 with a CAGR of 15.7%. In this market, jet-based needle-free injector is the largest segment by technology, whereas prefilled needle-free injectors is largest by product. Introduction of bubble gun and usage of highly-focused liquid microjets for needle-free injection systems provides strategic growth path in this market.
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Based on technology, the needle-free injection system market is segmented into jet-based needle-free injectors, spring-based needle-free injectors, laser-powered needle-free injectors, and vibration-based needle-free injectors. The jet-based needle-free injector segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to accounted for the largest share as it helps in preventing needlestick injuries to healthcare providers and overcomes the drawbacks of improper and unsterile reuse of needles & syringes.
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The Needle-free injection system Market is marked by the presence of several big and small players. Some of the prominent players offering needle-free injection system include Endo International plc, Ferring Pharmaceuticals, Penjet Corporation, Medical International Technology Inc., PharmaJet.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
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Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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