Epinephrine auto-injector market Analyzing Trends: Latest Revenues, Business Outline, and Growth Insights 2029
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Epinephrine auto-injector market which was USD 1.88 billion in 2021, would rocket up to USD 3.56 billion by 2029, and is expected to undergo a CAGR of 8.30% during the forecast period 2022 to 2029.
"Data Bridge Market research has recently published the comprehensive business research on Global Epinephrine auto-injector Market includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Epinephrine auto-injector Market analysis report covers detailed value chain analysis of the market.
Epinephrine auto-injector Market business report provides exact information about market trends, industrial changes, and consumer behaviour etc. The report assists in outlining brand awareness, market landscape, possible future issues, industry trends and customer behaviour about industry which eventually leads to advanced business strategies. Being a verified and reliable source of information, this market research report offers a telescopic view of the existing market trends, emerging products, situations and opportunities that drives the business in the right direction of success. The Epinephrine auto-injector Market business report has been framed with the proper use of tools like SWOT analysis and Porter’s Five Forces analysis methods.
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Market Definition
Epinephrine also known as adrenaline, is a hormone released from adrenal glands to treat allergic reactions. An auto-injector for epinephrine or adrenaline is a medical tool used to treat anaphylaxis. They are sold as pre-filled auto injecting devices that include the medication to be injected under the skin or into the muscles.
Epinephrine Auto-Injector Market Dynamic
Drivers
- Rise in allergies
As the prevalence of allergies rises related to food additives, dust and latex, so demand of auto-injectors, propelling the global market for epinephrine auto-injector forward.
- Technological developments
The epinephrine auto-injector market's growth is fueled by factors including increased awareness of allergies, technological developments in research and development (R&D) activities, and chlorofluorocarbon-free auto-injector inhalers using hydrofluoroalkane propellants, and a high demand for auto-injectors rather than more conventional devices like standard epinephrine.
- Increasing incidence of anaphylaxis
One of the main factors propelling the epinephrine market's rise is the rising prevalence of anaphylaxis. A major allergic reaction called anaphylaxis, which can be fatal, can happen minutes after being exposed to an allergen. Anaphylaxis affects roughly 1 in 50 persons in the UK annually, and this figure is rising, per an Allergy UK research. In the upcoming years, it is anticipated that the rising allergy rate would increase demand for epinephrine-based medicines.
Opportunities
Due to the rise in patients with allergies to dust, food, food additives, insect stings, and venom, the market has expanded. The fact that these auto-injectors are crucial for treating anaphylaxis and enable non-medical people to successfully treat the condition will probably lead to an increase in demand for epinephrine auto-injectors globally.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Epinephrine auto-injector Market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Epinephrine auto-injector Market.
Table of Content:
Section 01: Executive Summary
Section 02: Scope of The Report
Section 03: Research Methodology
Section 04: Introduction
Section 05: Market Landscape
Section 06: Market Sizing
Section 07: Five Forces Analysis
Section 08: Market Segmentation by Product
Section 09: Market Segmentation by Application
Section 10: Customer Landscape
Section 11: Market Segmentation by End-User
Section 12: Regional Landscape
Section 13: Decision Framework
Section 14: Drivers and Challenges
Section 15: Market Trends
Section 16: Competitive Landscape
Section 17: Company Profiles
Section 18: Appendix
The following are the regions covered in this report.
- North America [U.S., Canada, Mexico]
- Europe [Germany, UK, France, Italy, Rest of Europe]
- Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
- South America [Brazil, Argentina, Rest of Latin America]
- The Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
This study answers to the below key questions:
- What are the key factors driving the Epinephrine auto-injector Market?
- What are the challenges to market growth?
- Who are the key players in the Epinephrine auto-injector Market?
- What are the market opportunities and threats faced by the key players?
The epinephrine auto-injector market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Epinephrine Auto-Injector Market Regional Analysis/Insights
The epinephrine auto-injector market is analysed and market size insights and trends are provided by country, type, application and end-user as referenced above.
The countries covered in the epinephrine auto-injector market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the epinephrine auto-injector market due to the growing number of geriatric population along with adoption of innovative medical technology.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.
Some of the major players operating in the epinephrine auto-injector market are:
- Adamis Pharmaceuticals Corporation (U.S.)
- ALK (Denmark)
- Antares Pharma (U.S.)
- Bausch + Lomb Incorporated (U.K.)
- Hospira, Inc. (U.S.)
- Impax Laboratories, Inc. (U.S.)
- Lincoln Medical (U.S.)
- Mylan N.V. (U.S.)
- Teva Pharmaceutical Industries Ltd. (Israel)
- Impax (U.S.)
- Pfizer Inc. (U.S.)
- Amphastar Pharmaceuticals, Inc. (U.S.)
- Emerade (U.S.)
- Grand Pharma Group Limited (Hong Kong)
- Harvest Pharmaceuticals (U.S.)
- Merit Healthcare International Inc. (U.S.)
- Tianjin Jinyao Group (China)
By Product Type (Type 0.30 mg, 0.15 mg), Application (Under 6 Years, 6 to 12 Years, Over 12 Years), End-User (Hospitals, Clinics, Individuals)
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