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Needle-free Drug Delivery Technology Market by Product (Inhaler, Jet Injector, Novel Needles, Transdermal Patch, and Others), Application (Vaccine Delivery, Pain Management, Insulin Delivery, and Others), End User (Hospitals and Clinics, Homecare Settings, Research Laboratories, Academics, and Others), and Region 2023-2028
Market Report I 2023-06-14 I 138 Pages I IMARC Group
The global needle-free drug delivery technology market size reached US$ 4.18 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.72 Billion by 2028, exhibiting a growth rate (CAGR) of 5.22% during 2023-2028. The escalating prevalence of chronic diseases, the increasing geriatric population, and the recent development of laser-powered needle-free injection technology (NFIT) represent some of the key factors driving the market.
Needle-free drug delivery technology refers to a method of administering medications to patients without using traditional needles. It includes micronozzle jet injectors, transdermal patches, inhalers, disposable cartridge injectors, nasal sprays, and ultrasound waves. They are widely used for vaccinations, insulin delivery, pain management, hormone therapy, and treating allergies, cancer, respiratory conditions, and other chronic diseases. As compared to traditional needle-based delivery systems, needle-free drug delivery technology reduces pain, minimizes discomfort and anxiety, enhances convenience, improves patient compliance, allows dosage customization, and prevents the risk of injuries and infections. It also offers faster medication delivery and aids in enhancing drug absorption, minimizing complications, and increasing treatment effectiveness. Needle-free drug delivery technology is also eco-friendly as it minimizes hazardous waste generation, reduces manufacturing emissions, and eliminates the need for product disposal.
Needle-free Drug Delivery Technology Market Trends:
The escalating prevalence of chronic diseases, such as diabetes, cancer, Crohn's disease, multiple sclerosis, arthritis, osteoporosis, and cardiovascular diseases (CVDs), is one of the primary factors driving the market growth. Needle-free drug delivery technology is widely used to deliver insulin and medications to chronic disease patients without pain and discomfort, which improves treatment outcomes, reduces the risk of infections, and enhances patients' quality of life. Furthermore, the widespread technology adoption to improve medication adherence, increase drug absorption, enhance treatment effectiveness, and minimize complications associated with needles is acting as another growth-inducing factor. Additionally, the recent development of a laser-powered needle-free injection technology (NFIT), which utilizes a laser-based system to blast microscopic jets of drugs into the skin with high precision, is positively influencing the market growth. Moreover, increasing technology utilization in veterinary care to administer vaccines, medications, and anesthesia to animals in a humane and stress-free manner is favoring the market growth. Apart from this, the implementation of various government initiatives to promote the adoption of needle-free drug delivery systems and support the development of advanced technologies are creating a positive outlook for the market growth. Other factors, including rising demand for vaccines due to the increasing prevalence of infectious diseases, increasing geriatric population, significant growth in the healthcare industry, extensive research and development (R&D) activities, and growing consumer awareness regarding the benefits of needle-free drug delivery technology, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global needle-free drug delivery technology market, along with forecasts at the global, regional, and country levels from 2023-2028. Our report has categorized the market based on product, application, and end user.
Product Insights:
Inhaler
Jet Injector
Novel Needles
Transdermal Patch
Others
The report has provided a detailed breakup and analysis of the needle-free drug delivery technology market based on the product. This includes inhaler, jet injector, novel needles, transdermal patch, and others.
Application Insights:
Vaccine Delivery
Pain Management
Insulin Delivery
Others
A detailed breakup and analysis of the needle-free drug delivery technology market based on the application has also been provided in the report. This includes vaccine delivery, pain management, insulin delivery, and others.
End User Insights:
Hospitals and Clinics
Homecare Settings
Research Laboratories
Academics
Others
A detailed breakup and analysis of the needle-free drug delivery technology market based on the end user has also been provided in the report. This includes hospitals and clinics, homecare settings, research laboratories, academics, and others.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for needle-free drug delivery technology. Some of the factors driving the North America needle-free drug delivery technology market included the increasing prevalence of chronic diseases, the implementation of various government initiatives, and rapid technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global needle-free drug delivery technology market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Akra Dermojet, Antares Pharma Inc. (Halozyme Therapeutics Inc.), Crossject, Mika Medical Co., PharmaJet, Portal Instruments Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the global needle-free drug delivery technology market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global needle-free drug delivery technology market?
What is the impact of each driver, restraint, and opportunity on the global needle-free drug delivery technology market?
What are the key regional markets?
Which countries represent the most attractive needle-free drug delivery technology market?
What is the breakup of the market based on the product?
Which is the most attractive product in the needle-free drug delivery technology market?
What is the breakup of the market based on the application?
Which is the most attractive application in the needle-free drug delivery technology market?
What is the breakup of the market based on the end user?
Which is the most attractive end user in the needle-free drug delivery technology market?
What is the competitive structure of the global needle-free drug delivery technology market?
Who are the key players/companies in the global needle-free drug delivery technology market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Needle-free Drug Delivery Technology Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Inhaler
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Jet Injector
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Novel Needles
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Transdermal Patch
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Application
7.1 Vaccine Delivery
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Pain Management
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Insulin Delivery
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End Users
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Homecare Settings
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Research Laboratories
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Academics
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Akra Dermojet
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Antares Pharma Inc. (Halozyme Therapeutics Inc.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 SWOT Analysis
14.3.3 Crossject
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Mika Medical Co.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 PharmaJet
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Portal Instruments Inc.
14.3.6.1 Company Overview
14.3.6.2 Product PortfolioKindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Figure 1: Global: Needle-free Drug Delivery Technology Market: Major Drivers and Challenges
Figure 2: Global: Needle-free Drug Delivery Technology Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Needle-free Drug Delivery Technology Market: Breakup by Product (in %), 2022
Figure 5: Global: Needle-free Drug Delivery Technology Market: Breakup by Application (in %), 2022
Figure 6: Global: Needle-free Drug Delivery Technology Market: Breakup by End Users (in %), 2022
Figure 7: Global: Needle-free Drug Delivery Technology Market: Breakup by Region (in %), 2022
Figure 8: Global: Needle-free Drug Delivery Technology (Inhaler) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Needle-free Drug Delivery Technology (Inhaler) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Needle-free Drug Delivery Technology (Jet Injector) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Needle-free Drug Delivery Technology (Jet Injector) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Needle-free Drug Delivery Technology (Novel Needles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Needle-free Drug Delivery Technology (Novel Needles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Needle-free Drug Delivery Technology (Transdermal Patch) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Needle-free Drug Delivery Technology (Transdermal Patch) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Needle-free Drug Delivery Technology (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Needle-free Drug Delivery Technology (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Needle-free Drug Delivery Technology (Vaccine Delivery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Needle-free Drug Delivery Technology (Vaccine Delivery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Needle-free Drug Delivery Technology (Pain Management) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Needle-free Drug Delivery Technology (Pain Management) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Needle-free Drug Delivery Technology (Insulin Delivery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Needle-free Drug Delivery Technology (Insulin Delivery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Needle-free Drug Delivery Technology (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Needle-free Drug Delivery Technology (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Needle-free Drug Delivery Technology (Hospitals and Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Needle-free Drug Delivery Technology (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Needle-free Drug Delivery Technology (Homecare Settings) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Needle-free Drug Delivery Technology (Homecare Settings) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Needle-free Drug Delivery Technology (Research Laboratories) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Needle-free Drug Delivery Technology (Research Laboratories) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Needle-free Drug Delivery Technology (Academics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Needle-free Drug Delivery Technology (Academics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Needle-free Drug Delivery Technology (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Needle-free Drug Delivery Technology (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Needle-free Drug Delivery Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Needle-free Drug Delivery Technology Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Needle-free Drug Delivery Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Needle-free Drug Delivery Technology Industry: Drivers, Restraints, and Opportunities
Figure 86: Global: Needle-free Drug Delivery Technology Industry: Value Chain Analysis
Figure 87: Global: Needle-free Drug Delivery Technology Industry: Porter's Five Forces Analysis
Table 1: Global: Needle-free Drug Delivery Technology Market: Key Industry Highlights, 2022 & 2028
Table 2: Global: Needle-free Drug Delivery Technology Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Needle-free Drug Delivery Technology Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Needle-free Drug Delivery Technology Market Forecast: Breakup by End Users (in Million US$), 2023-2028
Table 5: Global: Needle-free Drug Delivery Technology Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Needle-free Drug Delivery Technology Market: Competitive Structure
Table 7: Global: Needle-free Drug Delivery Technology Market: Key Players
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