Asia Pacific Wearable Injectors Market to Grow at a CAGR of 12.4% to reach US$ 2939.97 Million from 2020 to 2027
The Asia Pacific Wearable Injectors market is expected to reach US$ 2939.97 million by 2027 from US$ 1160.40 million in 2019. The market is estimated to grow at CAGR of 12.4% from 2020 to 2027.
The growth of the market is driven by the factors such as, increasing chronic diseases prevalence, technological advancements and design development, and conventional drug delivery system. However, the market is likely to have negative impact due to lack of adoption in emerging countries Wearable injectors are rapidly gaining their prominence in the Asia Pacific Wearable Injectors market owing to their capabilities in delivering high volume of viscous formulations. The administration of pharmaceuticals via intravenous (IV) infusion is expensive in healthcare settings. Self-administration of subcutaneous injections is expected to save 30–70% of costs. Moreover, administration through conventional methods poses risks such as inaccurate dosage and needle stick injuries. The rise in the number of biologic drugs that are not suitable for oral administration has increased the adoption of wearable injection devices. Higher dosage volumes and viscous formulations of these drugs are further emphasizing the need for alternative injection methods such as wearable injectors. For instance, the enFuse wearable injector manufactured by Enable Injections is used for subcutaneous delivery of high-volume therapeutics outside a healthcare facility. The company has also introduced mobile monitoring and larger volume capabilities to its high-volume wearable injectors.
A new category of wearable products has emerged, bridging the gap between functionality and cost while improving patient safety and quality of life. One such example is Stevanato Group’s cartridge-based wearable device, currently under development, received Best Innovation in Drug Delivery Device award at Pharma pack Awards in 2019. The product includes a disposable, wearable pod, and reusable handheld controller that serves as the user interface and control unit for the pod. This is used for varied therapeutic areas, including diabetes, hormone therapies, pain management, and Alzheimer’s disease treatment. Moreover, continuous development by leading players in upgrading the existing wearable injector portfolio is further driving the demand for wearable injectors. For instance, in February 2020, BD, a leading global medical technology company, completed a human clinical trial of the BD Libertas Wearable Injector. The award-winning injector is currently in development and is designed as a subcutaneous drug delivery system to deliver biologics with viscosities up to 50 cP in 2–5 mL and 5–10 mL configurations.
Asia Pacific Wearable Injectors Market Revenue and Forecast to 2027 (US$ Mn)
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Asia Pacific Wearable Injectors – Market Segmentation
By Type
- On-body Injectors
- Off-body Injectors
By Application
- Diabetes
- Oncology
- Cardiovascular Disease
- Autoimmune Disease
- Other Applications
By End User
- Hospitals and Clinics
- Homecare Setting
- Other End User
By Country
- China
- Japan
- India
- South Korea
- Australia
- RoAPAC
Company Profiles
- BD
- CeQur SA
- Debiotech S.A
- E3D Elcam Drug Delivery Devices
- Gerresheimer AG
- Tandem Diabetes Care Inc
- West Pharmaceutical Services, Inc
- Ypsomed AG
- Medtronic
- Amgen, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Application, End User, and, Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Wearable Injectors Market – By Type
1.3.2 Asia Pacific Wearable Injectors Market – By Application
1.3.3 Asia Pacific Wearable Injectors Market – By End User
1.3.4 Asia Pacific Wearable Injectors Market – By Country
2. Asia Pacific Wearable Injectors Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Wearable Injectors Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 4.2.1 Asia Pacific Wearable Injectors Market - Asia Pacific PEST Analysis
4.3 Expert Opinion
5. Asia Pacific Wearable Injectors Market - Key Market Dynamics
5. Wearable Injectors Market – Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Chronic Diseases Prevalence
5.1.2 Technological Advancements and Design Development
5.1.3 Conventional Drug Delivery System Limitations
5.2 Market Restraints
5.2.1 Lack of Adoption in Emerging Countries
5.3 Market Opportunities
5.3.1 Increasing Demand for Biologics
5.4 Future Trends
5.4.1 Integration of Wearable Injectors During Early Drug Development
5.5 Impact Analysis
6. Wearable Injectors Market – Asia Pacific Analysis
6.1 Asia Pacific Wearable Injectors Market Revenue Forecast and Analysis
6.2 Asia Pacific Wearable Injectors Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Wearable Injectors Market– By Type
7.1 Overview
7.2 Wearable Injectors Market Share, by Type, 2019 and 2027 (%)
7.4 On-body Injectors
7.4.1 Overview
7.4.2 On-body Injectors: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
7.5 Off-body Injectors
7.5.1 Overview
7.5.2 Off-body Injectors: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
8. Wearable Injectors Market– By Application
8.1 Overview
8.2 Wearable Injectors Market Share, by Application, 2019 and 2027 (%)
8.4 Oncology
8.4.1 Overview
8.4.2 Oncology: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
8.5 Diabetes
8.5.1 Overview
8.5.2 Diabetes: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
8.6 Autoimmune Disease
8.6.1 Overview
8.6.2 Autoimmune Disease: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
8.7 Cardiovascular Disease
8.7.1 Overview
8.7.2 Cardiovascular Disease: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
8.8 Other Applications
8.8.1 Overview
8.8.2 Other Applications: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
9. Wearable Injectors Market– By End User
9.1 Overview
9.2 Wearable Injectors Market Share, by End user, 2019 and 2027 (%)
9.4 Homecare Setting
9.4.1 Overview
9.4.2 Homecare Setting: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
9.5 Hospitals and Clinics
9.5.1 Overview
9.5.2 Hospitals and Clinics: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
9.6 Other End Users
9.6.1 Overview
9.6.2 Other End Users: Wearable Injectors Market Market– Revenue and Forecast to 2027 (USD Million)
10. Wearable Injectors Market – Geographic Analysis
10.3 Asia Pacific: Wearable Injectors Market
10.3.1 Overview
10.3.2 Asia Pacific: Wearable Injectors Market - Revenue and Forecast to 2027 (USD Million)
10.3.3 Asia Pacific Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.4 Asia Pacific Wearable Injectors Market, by Application– Revenue and Forecast to 2027(USD Million)
10.3.5 Asia Pacific Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.3.6 Asia Pacific: Wearable Injectors Market, by Country, 2019 & 2027 (%)
10.3.7 China: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.7.1 China: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.7.2 China Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.7.3 China Wearable Injectors Market, by Application– Revenue and Forecast to 2027(USD Million)
10.3.7.4 China Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.3.8 Japan: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.8.1 Japan: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.8.2 Japan Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.8.3 Japan Wearable Injectors Market, by Application– Revenue and Forecast to 2027(USD Million)
10.3.8.4 Japan Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.3.9 India: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.9.1 India: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.9.2 India Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.9.3 India Wearable Injectors Market, by Application– Revenue and Forecast to 2027(USD Million)
10.3.9.4 India Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.3.10 South Korea: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.10.1 South Korea: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.10.2 South Korea Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.10.3 South Korea Wearable Injectors Market, by Application– Revenue and Forecast to 2027(USD Million)
10.3.10.4 South Korea Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
10.3.11 Australia: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.11.1 Australia: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
10.3.11.2 Australia Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
10.3.11.3 Australia Wearable Injectors Market, by Application– Revenue and Forecast to 2027(USD Million)
10.3.11.4 Australia Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
11. Impact Of COVID-19 Pandemic on Asia Pacific Wearable Injectors Market
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12. Wearable Injectors Market –Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 BD
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 CeQur SA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Debiotech S.A.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 E3D Elcam Drug Delivery Devices
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Gerresheimer AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Tandem Diabetes Care Inc.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 West Pharmaceutical Services, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Ypsomed AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Medtronic
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Amgen, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 2. Asia Pacific Wearable Injectors Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 3. Asia Pacific Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 4. China Wearable Injectors Market, by Type – Revenue and Forecast to 2027(USD Million)
Table 5. China Wearable Injectors Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 6. China Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 7. Japan Wearable Injectors Market, by Type – Revenue and Forecast to 2027(USD Million)
Table 8. Japan Wearable Injectors Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 9. Japan Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 10. India Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 11. India Wearable Injectors Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 12. India Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 13. South Korea Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 14. South Korea Wearable Injectors Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 15. South Korea Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 16. Australia Wearable Injectors Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 17. Australia Wearable Injectors Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 18. Australia Wearable Injectors Market, by End User – Revenue and Forecast to 2027 (USD Million)
Table 19. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Wearable Injectors Market Segmentation
Figure 2. Asia Pacific Wearable Injectors Market Overview
Figure 3. Off-body injectors Segment Held Largest Share of Product Segment in Wearable Injectors Market
Figure 4. China Is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Asia Pacific Wearable Injectors Market- Leading Country Markets (US$ Mn)
Figure 6. Asia Pacific Wearable Injectors Market - Asia Pacific PEST Analysis
Figure 7. Asia Pacific Wearable Injectors Market Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Wearable Injectors Market – Revenue Forecasts and Analysis – 2019- 2027
Figure 9. Asia Pacific Wearable Injectors Market Revenue Share, by Type (2019 and 2027)
Figure 10. Oral Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Off-body injectors: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Topical Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Ocular Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Pulmonary Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Nasal Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Transmucosal Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Implantable Drug Delivery: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Asia Pacific Wearable Injectors Market Revenue Share, by Application (2019 and 2027)
Figure 19. Infectious Diseases: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Cancer: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Cardiovascular Diseases: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Diabetes: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Respiratory Diseases: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Central Nervous Systems Disorders: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. Autoimmune Diseases: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Other Diseases: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. Asia Pacific Wearable Injectors Market Share, by End User, 2019 and 2027 (%)
Figure 28. Hospitals: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. Home Care Settings: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. ASCs/ Clinics: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Other End Users: Wearable Injectors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. Asia Pacific: Wearable Injectors Market, by Key Country – Revenue (2019) (USD Million)
Figure 33. Asia Pacific Wearable Injectors Market Revenue and Forecast to 2027 (USD Million)
Figure 34. Asia Pacific: Wearable Injectors Market, by Country, 2019 & 2027 (%)
Figure 35. China: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
Figure 36. Japan: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
Figure 37. India: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
Figure 38. South Korea: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
Figure 39. Australia: Wearable Injectors Market – Revenue and Forecast to 2027 (USD Million)
Figure 40. Impact of COVID-19 Pandemic in Asia-Pacific Country Markets
- BD
- CeQur SA
- Debiotech S.A
- E3D Elcam Drug Delivery Devices
- Gerresheimer AG
- Tandem Diabetes Care Inc
- West Pharmaceutical Services, Inc
- Ypsomed AG
- Medtronic
- Amgen, 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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