Medical Device Leader Series: Top Needle-Free Injection Device Manufacturers 2014-2024 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 16:33:03
The worldwide needle-free injection systems market is being driven by a number of key factors. Pharmaceutical companies are having to find ways to improve their product differentiation as a way of extending the patent life of drugs. The pharmaceutical drugs market is becoming increasingly competitive and the development of these systems enables the leading companies to maintain their market dominance. Patients and medical staff are also demanding safer ways to deliver drugs and reduce the risk of needlestick injuries.
Eight of the top fourteen companies operating in the needle-free drug delivery market are based in the United States. The FDA has currently approved twelve different needle-free injection systems. In 2012, Zogenix represented the market leader of the global needle-free injection systems market with Antares Pharma and PharmaJet also operating in this market.
The market is in a phase of transition from the use of hypodermic needles to widespread application of needle-free systems in hospitals and healthcare clinics around the world. So there is potential for that market to grow, especially in developing countries, where there´s a high incidence of infectious diseases (often arising from the reuse of disposed needles or inefficient disposing of needles).
In response to regulations on practices in the healthcare work environment â symbolised by a number of countries adopting legislation that recommends the use of needle-free systems ahead of conventional needles â the market for needle-free devices is primed for sales growth. Also, technological advances in that field have caused the introduction of more-patient-orientated devices to work with existing drug formulations.
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