The US needle-free drug delivery devices market is expected to grow at a CAGR of 14.2% during the forecast period. The increasing need for self-administration of drugs as in the case of diseases such as diabetes and benefits offered by this technology such as pain-free drug delivery has enhanced the size of needle-free drug delivery devices industry. Further, the increasing focus on the growth of portable delivery devices has a positive and high impact on the growth of the US needle-free drug delivery devices market.
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The rising prevalence of chronic respiratory diseases coupled with the increasing geriatric population and increasing technological advancement are the major factors that drive the growth of needle-free drug delivery devices market in the US. Moreover, chronic obstructive pulmonary diseases (COPD) has been increasing at a rapid rate. It is the third leading cause of mortality in the US with more than 11 million mortalities. In addition, there are millions more that may have the disease without even knowing it. COPD most often occurs in people with age 40, and who are current or former smokers. Companies such as Pfizer Inc. offers Nicotrol inhaler which provides sufficient amount of nicotine to reduce their desire to smoke. With the increasing prevalence of COPD, the demand for such devices increase, which in turn, drives the growth of the market.
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US Needle-Free Drug Delivery Devices Market Segmentation
By Technology
- Inhaler Technology
- Jet Injectors
- Transdermal Patch Technology
- Other Technologies (Laser-Based Technology)
By Application
- Pain Management
- Insulin Delivery
- Vaccine delivery
- Pediatric Injections
- Others
Company Profiles
- 3M Co.
- Akra Dermojet
- GlaxoSmithKline PLC
- Injex Pharma GmbH
- Inovio Pharmaceuticals, Inc.
- Novartis AG
- Penjet Corp.
- PharmaJet, Inc.
- Portal Instruments
- ProSolus, Inc.
- Pulse NeedleFree Systems
- Valeritas, Inc
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