BIS Research - Emerging Technology Market Intelligence

Injectable Drug Delivery System to Gain Traction Globally

May 8, 2018 12:02:33 AM / by BIS Research posted in Injectable Drug Delivery Market, Injectable Drug Delivery Market forecast, Injectable Drug Delivery Market growth, Injectable Drug Delivery Market size, Global Injectable Drug Delivery Market, Auto Injectors Market, Global Auto-Injectors Market, Global Glass Prefilled Syringes Market, Global Needle Free Injector Market, Global Prefilled Syringe Market, Healthcare & Medical, Global Pen Injectors Market, Injectable Drug Delivery Market report, Injectable Drug Delivery Market research, Injectable Drug Delivery Market share, Injectable Drug Delivery Market trends, injectable drugs, needle free injection, Prefilled Syringes Market

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As per the WHO statistics, the global prevalence of diabetes, increased to 8.5% in adults over the age of 18 in the year 2014 from 4.7% in the year 1980. This rising prevalence of chronic diseases has led to an increase in the demands for improved treatments and diagnostic services. For the treatment of these types of diseases, various novel ways to administer drugs have been developed such as needle-free injectors, autoinjectors, pen injectors, and pre-filled syringes. According to the latest market intelligence report by BIS Research titled, ‘Global Injectable Drug Delivery Market- Analysis and Forecast (2018-2025),’ the market was estimated at $16.73 billion in 2016. The market for drug injectable is anticipated to grow over $37.47 billion by the year 2025. This significant growth is majorly attributed to the increase in the chronic diseases along with the rise in the geriatric population.

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