Diabetes Management Becoming Care-Free with Auto-Injectors

Oct 28
20:08

2020

KumarPramod

KumarPramod

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The auto-injectors market is predicted to progress at an 18.6% CAGR during the forecast period (2017–2023).

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The prevalence of diabetes across the globe has been increasing rapidly,Diabetes Management Becoming Care-Free with Auto-Injectors Articles due to the changing lifestyle of people. As per the World Health Organization, about 422 million adults were suffering from diabetes in 2014, and this number has increased significantly since then. Owing to busier lives, people are not engaging into physical activity and are increasingly consuming large amounts of unhealthy food. Ascribed to this, the demand for auto-injectors is increasing at a swift pace across the globe.

As the name suggests, an auto-injector is a device that is utilized for injecting oneself with a dose of drug that is preloaded in the syringe. These devices are primarily utilized for home-based treatments for diseases including rheumatoid arthritis, anaphylaxis, diabetes, and multiple sclerosis. The global auto-injectors market is projected to advance at a considerable pace in the years to come, owing to the increasing awareness regarding the features of these devices.

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The surging prevalence of anaphylaxis and swiftly increasing geriatric population around the world is also resulting in the rising demand for auto-injectors. The medical devices are particularly helpful for aged people, since they the need for frequently visiting the hospital is eliminated. This further results in reduced healthcare cost. The pharmaceutical industry is focusing widely on developing auto-injector systems rather than traditional devices for administering drugs. Since these devices can be used with ease at home care settings, their demand is projected to rise significantly in the years to come.

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The auto-injectors market was dominated by North America in the past, according to a report by P&S Intelligence. The regional market is being led by the U.S. The surging geriatric population, increasing cases of anaphylaxis and diabetes, and rising production of biologics in the region are driving the demand for auto-injectors. The Asia-Pacific region is expected to register the fastest growth during the forecast period due to rising awareness regarding needle-stick injuries and increasing healthcare expenditure.

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