Needleless Injectors Market Developments by 2031
Needless injection systems are employed to administer liquid formulations, drugs, and vaccines to patients without a traditional needle piercing the skin. The demand for Needless injection systems has increased considerably in recent years as they improve immune response to vaccines, stops the risks of needles, and reduce healthcare costs. It allows self-medication and eliminates needle phobia. The benefits of the Needless injection system involve reusability and the ability to deliver drugs faster. It provides a wide range of drug delivery systems. The needle-free injection system results in less pain and is highly preferred by patients.
MARKET SCOPE
The "Global Needleless Injectors Market Analysis to 2031" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Needleless injectors market with detailed market segmentation by type, product, site of delivery, application, end use, and geography. The report provides key statistics on the market status of the leading Needleless injectors market players and offers key trends and opportunities in the market.MARKET SEGMENTATION
- Based on type, the global Needleless injectors market is segmented into liquid-based, projectile/depot-based, powder-based.
- On the basis of product, the market is segmented into fillable, prefilled
- On the basis of site of delivery, the market is segmented into subcutaneous injectors, intramuscular injectors, intradermal injectors.
- On the basis of application, the market is segmented into vaccine delivery, insulin delivery, pain management, others.
- On the basis of end use, the market is segmented into hospitals and clinics, home care settings, research laboratories, others.
MARKET DYNAMICS
Drivers:
- Rise in the numbers of diabetes patients.
- Rise in the cases of various chronic diseases.
- Rise in the incidence of communicable disease due to needle stick injuries.
- Rise in the demand for self-injection devices.
- Advantages of drug delivery technology.
Restraints:
- The restricted use of needle-free injection systems for intravenous administration is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Needleless injectors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Needleless injectors market in these regions.
IMPACT OF COVID-19 ON NEEDLELESS INJECTORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Needleless injectors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Needleless injectors market in these regions.
IMPACT OF COVID-19 ON NEEDLELESS INJECTORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Needleless injectors market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Needleless injectors market are anticipated to lucrative growth opportunities in the future with the rising demand for Needleless injectors in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Needleless injectors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Needleless Injectors Market - By Type
1.3.2 Needleless Injectors Market - By Product
1.3.3 Needleless Injectors Market - By Site of Delivery
1.3.4 Needleless Injectors Market - By Application
1.3.5 Needleless Injectors Market - By End Use
1.3.6 Needleless Injectors Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. NEEDLELESS INJECTORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. NEEDLELESS INJECTORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. NEEDLELESS INJECTORS MARKET - GLOBAL MARKET ANALYSIS
6.1. NEEDLELESS INJECTORS - GLOBAL MARKET OVERVIEW
6.2. NEEDLELESS INJECTORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. NEEDLELESS INJECTORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LIQUID-BASED
7.3.1. Overview
7.3.2. Liquid-Based Market Forecast and Analysis
7.4. PROJECTILE/DEPOT-BASED
7.4.1. Overview
7.4.2. Projectile/Depot-Based Market Forecast and Analysis
7.5. POWDER-BASED
7.5.1. Overview
7.5.2. Powder-Based Market Forecast and Analysis
8. NEEDLELESS INJECTORS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
8.1. OVERVIEW
8.2. PRODUCT MARKET FORECASTS AND ANALYSIS
8.3. FILLABLE
8.3.1. Overview
8.3.2. Fillable Market Forecast and Analysis
8.4. PREFILLED
8.4.1. Overview
8.4.2. Prefilled Market Forecast and Analysis
9. NEEDLELESS INJECTORS MARKET - REVENUE AND FORECASTS TO 2028 - SITE OF DELIVERY
9.1. OVERVIEW
9.2. SITE OF DELIVERY MARKET FORECASTS AND ANALYSIS
9.3. SUBCUTANEOUS INJECTORS
9.3.1. Overview
9.3.2. Subcutaneous Injectors Market Forecast and Analysis
9.4. INTRAMUSCULAR INJECTORS
9.4.1. Overview
9.4.2. Intramuscular Injectors Market Forecast and Analysis
9.5. INTRADERMAL INJECTORS
9.5.1. Overview
9.5.2. Intradermal Injectors Market Forecast and Analysis
10. NEEDLELESS INJECTORS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. VACCINE DELIVERY
10.3.1. Overview
10.3.2. Vaccine Delivery Market Forecast and Analysis
10.4. INSULIN DELIVERY
10.4.1. Overview
10.4.2. Insulin Delivery Market Forecast and Analysis
10.5. PAIN MANAGEMENT
10.5.1. Overview
10.5.2. Pain Management Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. Others Market Forecast and Analysis
11. NEEDLELESS INJECTORS MARKET - REVENUE AND FORECASTS TO 2028 - END USE
11.1. OVERVIEW
11.2. END USE MARKET FORECASTS AND ANALYSIS
11.3. HOSPITALS AND CLINICS
11.3.1. Overview
11.3.2. Hospitals and Clinics Market Forecast and Analysis
11.4. HOME CARE SETTINGS
11.4.1. Overview
11.4.2. Home Care Settings Market Forecast and Analysis
11.5. RESEARCH LABORATORIES
11.5.1. Overview
11.5.2. Research Laboratories Market Forecast and Analysis
11.6. OTHERS
11.6.1. Overview
11.6.2. Others Market Forecast and Analysis
12. NEEDLELESS INJECTORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Needleless Injectors Market Overview
12.1.2 North America Needleless Injectors Market Forecasts and Analysis
12.1.3 North America Needleless Injectors Market Forecasts and Analysis - By Type
12.1.4 North America Needleless Injectors Market Forecasts and Analysis - By Product
12.1.5 North America Needleless Injectors Market Forecasts and Analysis - By Site of Delivery
12.1.6 North America Needleless Injectors Market Forecasts and Analysis - By Application
12.1.7 North America Needleless Injectors Market Forecasts and Analysis - By End Use
12.1.8 North America Needleless Injectors Market Forecasts and Analysis - By Countries
12.1.8.1 United States Needleless Injectors Market
12.1.8.1.1 United States Needleless Injectors Market by Type
12.1.8.1.2 United States Needleless Injectors Market by Product
12.1.8.1.3 United States Needleless Injectors Market by Site of Delivery
12.1.8.1.4 United States Needleless Injectors Market by Application
12.1.8.1.5 United States Needleless Injectors Market by End Use
12.1.8.2 Canada Needleless Injectors Market
12.1.8.2.1 Canada Needleless Injectors Market by Type
12.1.8.2.2 Canada Needleless Injectors Market by Product
12.1.8.2.3 Canada Needleless Injectors Market by Site of Delivery
12.1.8.2.4 Canada Needleless Injectors Market by Application
12.1.8.2.5 Canada Needleless Injectors Market by End Use
12.1.8.3 Mexico Needleless Injectors Market
12.1.8.3.1 Mexico Needleless Injectors Market by Type
12.1.8.3.2 Mexico Needleless Injectors Market by Product
12.1.8.3.3 Mexico Needleless Injectors Market by Site of Delivery
12.1.8.3.4 Mexico Needleless Injectors Market by Application
12.1.8.3.5 Mexico Needleless Injectors Market by End Use
12.2. EUROPE
12.2.1 Europe Needleless Injectors Market Overview
12.2.2 Europe Needleless Injectors Market Forecasts and Analysis
12.2.3 Europe Needleless Injectors Market Forecasts and Analysis - By Type
12.2.4 Europe Needleless Injectors Market Forecasts and Analysis - By Product
12.2.5 Europe Needleless Injectors Market Forecasts and Analysis - By Site of Delivery
12.2.6 Europe Needleless Injectors Market Forecasts and Analysis - By Application
12.2.7 Europe Needleless Injectors Market Forecasts and Analysis - By End Use
12.2.8 Europe Needleless Injectors Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Needleless Injectors Market
12.2.8.1.1 Germany Needleless Injectors Market by Type
12.2.8.1.2 Germany Needleless Injectors Market by Product
12.2.8.1.3 Germany Needleless Injectors Market by Site of Delivery
12.2.8.1.4 Germany Needleless Injectors Market by Application
12.2.8.1.5 Germany Needleless Injectors Market by End Use
12.2.8.2 France Needleless Injectors Market
12.2.8.2.1 France Needleless Injectors Market by Type
12.2.8.2.2 France Needleless Injectors Market by Product
12.2.8.2.3 France Needleless Injectors Market by Site of Delivery
12.2.8.2.4 France Needleless Injectors Market by Application
12.2.8.2.5 France Needleless Injectors Market by End Use
12.2.8.3 Italy Needleless Injectors Market
12.2.8.3.1 Italy Needleless Injectors Market by Type
12.2.8.3.2 Italy Needleless Injectors Market by Product
12.2.8.3.3 Italy Needleless Injectors Market by Site of Delivery
12.2.8.3.4 Italy Needleless Injectors Market by Application
12.2.8.3.5 Italy Needleless Injectors Market by End Use
12.2.8.4 Spain Needleless Injectors Market
12.2.8.4.1 Spain Needleless Injectors Market by Type
12.2.8.4.2 Spain Needleless Injectors Market by Product
12.2.8.4.3 Spain Needleless Injectors Market by Site of Delivery
12.2.8.4.4 Spain Needleless Injectors Market by Application
12.2.8.4.5 Spain Needleless Injectors Market by End Use
12.2.8.5 United Kingdom Needleless Injectors Market
12.2.8.5.1 United Kingdom Needleless Injectors Market by Type
12.2.8.5.2 United Kingdom Needleless Injectors Market by Product
12.2.8.5.3 United Kingdom Needleless Injectors Market by Site of Delivery
12.2.8.5.4 United Kingdom Needleless Injectors Market by Application
12.2.8.5.5 United Kingdom Needleless Injectors Market by End Use
12.2.8.6 Rest of Europe Needleless Injectors Market
12.2.8.6.1 Rest of Europe Needleless Injectors Market by Type
12.2.8.6.2 Rest of Europe Needleless Injectors Market by Product
12.2.8.6.3 Rest of Europe Needleless Injectors Market by Site of Delivery
12.2.8.6.4 Rest of Europe Needleless Injectors Market by Application
12.2.8.6.5 Rest of Europe Needleless Injectors Market by End Use
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Needleless Injectors Market Overview
12.3.2 Asia-Pacific Needleless Injectors Market Forecasts and Analysis
12.3.3 Asia-Pacific Needleless Injectors Market Forecasts and Analysis - By Type
12.3.4 Asia-Pacific Needleless Injectors Market Forecasts and Analysis - By Product
12.3.5 Asia-Pacific Needleless Injectors Market Forecasts and Analysis - By Site of Delivery
12.3.6 Asia-Pacific Needleless Injectors Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific Needleless Injectors Market Forecasts and Analysis - By End Use
12.3.8 Asia-Pacific Needleless Injectors Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Needleless Injectors Market
12.3.8.1.1 Australia Needleless Injectors Market by Type
12.3.8.1.2 Australia Needleless Injectors Market by Product
12.3.8.1.3 Australia Needleless Injectors Market by Site of Delivery
12.3.8.1.4 Australia Needleless Injectors Market by Application
12.3.8.1.5 Australia Needleless Injectors Market by End Use
12.3.8.2 China Needleless Injectors Market
12.3.8.2.1 China Needleless Injectors Market by Type
12.3.8.2.2 China Needleless Injectors Market by Product
12.3.8.2.3 China Needleless Injectors Market by Site of Delivery
12.3.8.2.4 China Needleless Injectors Market by Application
12.3.8.2.5 China Needleless Injectors Market by End Use
12.3.8.3 India Needleless Injectors Market
12.3.8.3.1 India Needleless Injectors Market by Type
12.3.8.3.2 India Needleless Injectors Market by Product
12.3.8.3.3 India Needleless Injectors Market by Site of Delivery
12.3.8.3.4 India Needleless Injectors Market by Application
12.3.8.3.5 India Needleless Injectors Market by End Use
12.3.8.4 Japan Needleless Injectors Market
12.3.8.4.1 Japan Needleless Injectors Market by Type
12.3.8.4.2 Japan Needleless Injectors Market by Product
12.3.8.4.3 Japan Needleless Injectors Market by Site of Delivery
12.3.8.4.4 Japan Needleless Injectors Market by Application
12.3.8.4.5 Japan Needleless Injectors Market by End Use
12.3.8.5 South Korea Needleless Injectors Market
12.3.8.5.1 South Korea Needleless Injectors Market by Type
12.3.8.5.2 South Korea Needleless Injectors Market by Product
12.3.8.5.3 South Korea Needleless Injectors Market by Site of Delivery
12.3.8.5.4 South Korea Needleless Injectors Market by Application
12.3.8.5.5 South Korea Needleless Injectors Market by End Use
12.3.8.6 Indonesia Needleless Injectors Market
12.3.8.6.1 Indonesia Needleless Injectors Market by Type
12.3.8.6.2 Indonesia Needleless Injectors Market by Product
12.3.8.6.3 Indonesia Needleless Injectors Market by Site of Delivery
12.3.8.6.4 Indonesia Needleless Injectors Market by Application
12.3.8.6.5 Indonesia Needleless Injectors Market by End Use
12.3.8.7 Rest of Asia-Pacific Needleless Injectors Market
12.3.8.7.1 Rest of Asia-Pacific Needleless Injectors Market by Type
12.3.8.7.2 Rest of Asia-Pacific Needleless Injectors Market by Product
12.3.8.7.3 Rest of Asia-Pacific Needleless Injectors Market by Site of Delivery
12.3.8.7.4 Rest of Asia-Pacific Needleless Injectors Market by Application
12.3.8.7.5 Rest of Asia-Pacific Needleless Injectors Market by End Use
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Needleless Injectors Market Overview
12.4.2 Middle East and Africa Needleless Injectors Market Forecasts and Analysis
12.4.3 Middle East and Africa Needleless Injectors Market Forecasts and Analysis - By Type
12.4.4 Middle East and Africa Needleless Injectors Market Forecasts and Analysis - By Product
12.4.5 Middle East and Africa Needleless Injectors Market Forecasts and Analysis - By Site of Delivery
12.4.6 Middle East and Africa Needleless Injectors Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa Needleless Injectors Market Forecasts and Analysis - By End Use
12.4.8 Middle East and Africa Needleless Injectors Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Needleless Injectors Market
12.4.8.1.1 South Africa Needleless Injectors Market by Type
12.4.8.1.2 South Africa Needleless Injectors Market by Product
12.4.8.1.3 South Africa Needleless Injectors Market by Site of Delivery
12.4.8.1.4 South Africa Needleless Injectors Market by Application
12.4.8.1.5 South Africa Needleless Injectors Market by End Use
12.4.8.2 Saudi Arabia Needleless Injectors Market
12.4.8.2.1 Saudi Arabia Needleless Injectors Market by Type
12.4.8.2.2 Saudi Arabia Needleless Injectors Market by Product
12.4.8.2.3 Saudi Arabia Needleless Injectors Market by Site of Delivery
12.4.8.2.4 Saudi Arabia Needleless Injectors Market by Application
12.4.8.2.5 Saudi Arabia Needleless Injectors Market by End Use
12.4.8.3 U.A.E Needleless Injectors Market
12.4.8.3.1 U.A.E Needleless Injectors Market by Type
12.4.8.3.2 U.A.E Needleless Injectors Market by Product
12.4.8.3.3 U.A.E Needleless Injectors Market by Site of Delivery
12.4.8.3.4 U.A.E Needleless Injectors Market by Application
12.4.8.3.5 U.A.E Needleless Injectors Market by End Use
12.4.8.4 Rest of Middle East and Africa Needleless Injectors Market
12.4.8.4.1 Rest of Middle East and Africa Needleless Injectors Market by Type
12.4.8.4.2 Rest of Middle East and Africa Needleless Injectors Market by Product
12.4.8.4.3 Rest of Middle East and Africa Needleless Injectors Market by Site of Delivery
12.4.8.4.4 Rest of Middle East and Africa Needleless Injectors Market by Application
12.4.8.4.5 Rest of Middle East and Africa Needleless Injectors Market by End Use
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Needleless Injectors Market Overview
12.5.2 South and Central America Needleless Injectors Market Forecasts and Analysis
12.5.3 South and Central America Needleless Injectors Market Forecasts and Analysis - By Type
12.5.4 South and Central America Needleless Injectors Market Forecasts and Analysis - By Product
12.5.5 South and Central America Needleless Injectors Market Forecasts and Analysis - By Site of Delivery
12.5.6 South and Central America Needleless Injectors Market Forecasts and Analysis - By Application
12.5.7 South and Central America Needleless Injectors Market Forecasts and Analysis - By End Use
12.5.8 South and Central America Needleless Injectors Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Needleless Injectors Market
12.5.8.1.1 Brazil Needleless Injectors Market by Type
12.5.8.1.2 Brazil Needleless Injectors Market by Product
12.5.8.1.3 Brazil Needleless Injectors Market by Site of Delivery
12.5.8.1.4 Brazil Needleless Injectors Market by Application
12.5.8.1.5 Brazil Needleless Injectors Market by End Use
12.5.8.2 Argentina Needleless Injectors Market
12.5.8.2.1 Argentina Needleless Injectors Market by Type
12.5.8.2.2 Argentina Needleless Injectors Market by Product
12.5.8.2.3 Argentina Needleless Injectors Market by Site of Delivery
12.5.8.2.4 Argentina Needleless Injectors Market by Application
12.5.8.2.5 Argentina Needleless Injectors Market by End Use
12.5.8.3 Rest of South and Central America Needleless Injectors Market
12.5.8.3.1 Rest of South and Central America Needleless Injectors Market by Type
12.5.8.3.2 Rest of South and Central America Needleless Injectors Market by Product
12.5.8.3.3 Rest of South and Central America Needleless Injectors Market by Site of Delivery
12.5.8.3.4 Rest of South and Central America Needleless Injectors Market by Application
12.5.8.3.5 Rest of South and Central America Needleless Injectors Market by End Use
13. IMPACT OF COVID-19 PANDEMIC ON GLOBAL NEEDLELESS INJECTORS MARKET
13.1 North America
13.2 Europe
13.3 Asia-Pacific
13.4 Middle East and Africa
13.5 South and Central America
1. Antares Pharma, Inc.
2. PharmaJet
3. PenJet Corporation
4. Medical International Technology, Inc.
5. INJEX Pharma AG
6. Crossject needle-free injection systems
7. National Medical Products Inc.
8. Valeritas, Inc.
9. European Pharma Group
10. Endo International plc
11. Bioject Medical Technologies Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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