Jet Injector market is growing at a considerable CAGR during the forecast period. The jet injector or needle-free device is a medical device that is used for vaccination and drug delivery by the high-pressure narrow jet of fluid. The major factors that are augmenting the growth of the market include the need for modern technologies in drug delivery technology, the growing prevalence of chronic diseases such as diabetes and cancer among others.
Furthermore, increasing demand for self-injection devices, reduction in risks such as cross-contamination, pain-free devices for patients, and various FDA and government approvals for the needle-free jet injectors are also estimated to be the major factors that are contributing significantly towards the growth of the market. In addition to this, the vaccination for the ongoing COVID-19 pandemic is expected to fuel the market. For Instance, Codagenix’s intranasal COVID-19 vaccine does not require the needle to be administered.
However, certain factors are affecting the growth of the market. High development cost, and the need to ensure system sterility are the major constraints that will challenge the growth of the jet injector market across the globe. Conversely, technological advancement and rise in healthcare expenditures with the demand for biosimilar products are opportunities for the market to grow in the forecast period.
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Jet Injectors Market Segmentation
By Product Type
- Prefilled Needle-Free Injectors
- Fillable Needle-Free Injectors
By Application
- Insulin Delivery
- Respiratory Diseases
- Vaccine Delivery
- Others (Oncology)
By Technology
- Jet Based
- Spring Based
- Laser Power Based
- Vibration Based
By End-User
- Pharmaceutical Companies
- Hospital & Clinical Centres
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
Company Profiles
- AKRADERMOJET
- Becton, Dickinson, and Co.
- European Pharma Group BV
- CODAGENIX, Inc.
- Crossject SA
- INJEX Pharma GmbH
- Ferring Pharmaceuticals Inc.
- Pharma Ltd.
- Medical International Technology, Inc.
- Merck KGaA
- Inovio Pharmaceuticals Inc.
- PharmaJet, Inc.
- Mylan NV
- Spirit Health Group Ltd.
- Zealand Pharma AS
- LEO Pharma Inc.
- Portal Instruments, Inc.
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