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Autoinjectors Market

Autoinjectors Market: Information by Product Type (Disposable Autoinjector, Reusable Autoinjector), Application (Rheumatoid Arthritis, Anaphylaxis), End-User, and Region — Forecast till 2030

Published At : 24 Jul, 2019
Updated At : 04 Aug, 2022
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Market Snapshot
Base Year:
2021
Study Period:
2022-2030
CAGR:
18.23 %
Fastest Growing Market:
Europe
Largest Market:
North America

The global autoinjectors market size was valued at USD 1209 million in 2021 and is expected to grow at USD 4615.80 million by 2030. The market is expected to grow at a CAGR of 18.23% during the forecast period (2022–2030).

An autoinjector is a prefilled syringe with a spring-loaded needle that automatically inserts the needle at the right injection location. The study only analyzes income produced by autoinjector device sales; it does not include money earned by medicine sales. Furthermore, it excludes money earned by fees paid to doctors or healthcare practitioners who recommend various treatments or testing.

Autoinjectors Market Share

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Patient’s Preference to Choose Self Injections to Boost the Autoinjections Demand

According to a National Center for Biotechnology Information (NCBI) survey done in Europe in 2018, a poll investigated patients' and nurses' preferences for four distinct autoinjectors used for subcutaneous administration of rheumatoid arthritis. This poll evaluated MyClick autoinjector, Humira pen, Molly autoinjector, and SensoReady autoinjector on 11 different criteria.

According to the survey results, customers thought the SensoReady autoinjector was less difficult and simpler. The main reasons were buttonless injection, visual confirmation of dosage administration, and the injection device's simple triangle form, which made it easier to hold. As a result, healthcare professionals and patients were more willing to recommend SensoReady autoinjectors to rheumatoid arthritis patients.

Initially, autoinjectors were utilized in emergency and military applications to allow patients with severe allergies to self-inject epinephrine. Their scope has expanded, and now these can be used for arthritis and asthma. Furthermore, as new treatment areas emerge and allow patients to self-administer, the number of new patient groups in need of autoinjectors grows.

Furthermore, many manufacturers collaborate with human factor specialists to design autoinjectors, such as the type of device, shape, and form desired by patients. Extra features, such as connection capabilities, are already in high demand in patient-acceptable devices. These considerations by manufacturers promote patients' preference for autoinjectors and improve consumers' choice of medicine delivery method.

General Injections and Oral Tablets Options to Hamper the Market Growth

Since the patient's care provider focuses on alternate administration methods such as oral, nasal, and topical routes, conventional injectables are uncomfortable and intrusive. The oral route is the most popular and favored method of medication administration since it is simple to use, cost-effective, and safe.

Most chronic illnesses are managed with daily oral medication administration, which is convenient. Furthermore, adherence to oral drugs is generally greater than 50% among patients receiving therapy. These other solutions are less expensive, and patients are more aware of them than autoinjectors. As a result, patients are more inclined to select these solutions when choosing a treatment choice. Furthermore, there is a growing desire for needle-free products.

Patent Expiry of Biologics to Increase Biosimilar Demands Providing Profitable Opportunities

Demand for biosimilars has expanded dramatically due to cheaper pricing with comparable effectiveness and quality to branded medications. Many biologics patents may expire soon, increasing the need for biosimilars. These biosimilars provide a low-cost alternative, putting pricing pressure on the market and increasing competition. Biosimilars' effectiveness and therapeutic results are recognized by specialty doctors and nurse practitioners. Payers and patients are looking to biosimilars as a way to decrease costs and provide better treatment options.

Furthermore, governments and insurance companies favor biosimilars and generics. Owing to their low cost, biosimilars are a tempting alternative to branded biologics, and cost reductions may compel insurance companies to convert to biosimilars.

Eli Lilly introduced a generic version of its trademark insulin at half the price in March 2019. Furthermore, in the United States, CVS Caremark, a CVS Health prescription benefit management company, has replaced branded injectable medications such as EpiPen (by Mylan) and Copaxone (by Teva) with the generic version of Glatiramer Acetate (Autoinjector) by Mylan. As many injectables used to treat chronic illnesses are biologics, the expiration of patents and rising support from governments and insurance providers present a chance for expansion.

Impact of COVID-19

The COVID-19 pandemic has caused a global healthcare crisis, resulting in a change in healthcare delivery in most areas. Most unrelated surgeries were postponed in the first half of 2020 to slow the spread of the virus and reduce the strain on healthcare infrastructure. According to Indiana University researchers, healthcare visits declined by approximately 40% in the first six weeks of the pandemic in the U.S, from early March to mid-April.

Following the relaxation of constraints, there has been a general decrease in people postponing seeking care and treatment in healthcare facilities. Furthermore, the slowdown in clinical trial enrollment has pushed back the launch of novel treatments. These considerations may have had a detrimental influence on the autoinjector industry, particularly with its usage in healthcare facilities beginning in early 2020.

However, the overall effect on the autoinjectors market is considered positive, especially during the forecast period, due to several factors. In the biologics space, there has been a shift toward higher delivery volumes and less frequent dosing, which can be achieved through suitably customized autoinjectors.

The COVID-19 pandemic has accelerated the trend of self-injection, allowing patients to be more involved and in charge of their treatment. The trend boosted newer technology in the autoinjector market for improved regulation of injection speed, injection site discomfort, and treatment of anxiety.

Segmental Analysis of Global Autoinjectors Market

The autoinjectors market is divided into two types: disposable autoinjectors and reusable autoinjectors. Since key companies are focused on developing autoinjector devices, the disposable autoinjectors segment was the largest revenue contributor in 2019 and is expected to increase at a high rate. Furthermore, the rising occurrence of anaphylaxis is likely to increase demand for autoinjectors, propelling the market forward even further.

The autoinjectors market is divided into several applications, including rheumatoid arthritis, anaphylaxis, multiple sclerosis, and others. Because of the increased incidence of autoimmune disorders and the number of patients sticking to a treatment regimen, the anaphylaxis sector is expected to dominate the global autoinjectors market. The anaphylaxis segment is expected to create the most revenue in the global autoinjectors market during the forecast period.

Due to rising patient demand for autoinjectors and an increase in the occurrence of anaphylaxis, the home care settings sector is likely to dominate the global autoinjectors market. During the forecast period, the home care settings segment is expected to create considerable revenue in the global autoinjectors market.

Regional Analysis of Global Autoinjectors Market

Significant Growth in North America and Europe

The three main North American countries are the United States, Canada, and Mexico. The United States is a mature market and the major revenue contributor in North America. The presence of major important companies in the area, such as Becton, Dickinson and Company, Mylan, and Novartis, contributes significantly to the growth of the autoinjectors market.

Autoinjectors Market Regional Analysis

Regional Growth Insights Request Sample Pages

Furthermore, an increase in the prevalence of chronic diseases such as anaphylaxis, diabetes, anemia, and rheumatoid arthritis; an increase in demand for autoinjectors; the presence of advanced healthcare facilities; and an increase in the number of R&D activities to develop innovative devices all contribute to the growth of the autoinjectors market in North America. According to the American College of Rheumatology, almost 54.4 million new patients were diagnosed with rheumatoid arthritis in 2018. Arthritis is a major global problem and the main cause of disability in the United States.

Europe's major countries include Germany, Spain, Italy, the United Kingdom, France, and the rest of Europe. In 2019, Europe held the second-largest share of the autoinjectors market. The rising frequency of chronic illnesses, as well as increased private-sector investment in research & development, are likely to fuel the expansion of the autoinjectors market.

Furthermore, the rise of biologics and biosimilars is having a significant impact on the development of pipelines and strategies for product-market entrance in the European market. The robust pipeline of new pharmaceuticals set to be released will fuel autoinjector growth over the projected period since these drugs will be utilized in conjunction with the autoinjector device.

Competitive Players in the Global Autoinjectors Market

The key players of the global autoinjectors market are Amgen, Antares Pharm, Becton, Dickinson, And Company (Bd), Eli Lilly and Company, Johnson & Johnson, Mylan, Novartis AG, and Ypsomed AG among others.

Recent Developments by Key Players:

  • November 2017 – Amgen launched ENBREL Mini Single-Dose Prefilled Cartridge along with AutoTocuhReusableAutoinjector. ENBREL is used to treat patients with arthritis and moderate-to-severe plaque psoriasis (PsO). The Mini ENBREL with AutoTouch is available in the U.S.
  • December 2021 – Antares Pharma announced the divestiture of Otrexup injection for treating rheumatoid arthritis to a subsidiary of AssertioHldings, Inc, a pharmaceutical company.
  • August 2018 – Antares Pharma announced an agreement with Pfizer to develop a combination drug-device. This utilizes Antares QuickShot with an undisclosed Pfizer drug, and Antares Pharma receives royalties on net sales on the combination product.
  • August 2018 – Antares Pharma received FDA approval for Teva’s epinephrine auto-injector drug-device combination product, which is used to treat severe allergic reactions,

Global Autoinjectors Market: Segmentation

By Type

  • Disposable autoinjectors
  • Reusable autoinjectors

By Application

  • Rheumatoid arthritis
  • Anaphylaxis
  • Multiple sclerosis
  • Others

By End-User

  • Home Care Settings
  • Hospitals and Clinics

By Region

  • North America
  • Europe
  • Asia-Pacific
  • LAMEA

Frequently Asked Questions (FAQs)

The market is anticipated to grow at a CAGR of 18.23% over the forecast period.
North America is expected to hold the highest market share.
An increase in the number of R&D activities to develop innovative devices are the key factor expected to drive the market during the forecast period.
Amgen, Antares Pharm, Becton, Dickinson, And Company (Bd), Eli Lilly and Company, Johnson & Johnson are the top players in market.
The market will be estimated to grow from the years 2022 to 2030.
Home Care Settings Segment is expected to be the leading segment in market during the forecast period.
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Report Metric Details
Market Size USD 4615.80 million by 2030
CAGR CAGR 18.23%
Historical Data 2019-2020
Base Year 2021
Forecast Period 2022-2030
Forecast Units Value (USD Million)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered by Product Type (Disposable Autoinjector, Reusable Autoinjector), Application (Rheumatoid Arthritis, Anaphylaxis), End-User
Geographies Covered North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors Biogen (U.S.), SHL Group (CHINA), BD (U.S.), Mylan N.V (Netherlands), Sanofi (U.S.), Pfizer Inc (U.S.), Ypsomed AG (Switzerland), Antares Pharma (U.S.), Novartis AG (Switzerland), and AbbVie Inc (U.S.)
Key Market Opportunities The Healthcare It Industry'S Substantial Growth Fuels The Autoinjectors Market
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