New York, United States, Aug. 10, 2022 (GLOBE NEWSWIRE) — 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.
Key Insights
- The disposable autoinjectors segment was the highest contributor growing at a CAGR of 18.6% during the forecast period.
- The anaphylaxis segment was the highest contributor to the market growth. It is predicted to grow at at a CAGR of 18.23% during the forecast period.
- The home care settings segment was the highest contributor to the market growth and it is expected to grow at a CAGR of 18.3% during the forecast period.
- North America dominated the global market. It is registering a CAGR of 17.9% during the forecast period. The market in Asia-Pacific is estimated to grow at a significant CAGR of 18.7%.
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Rise Prevalence of Anaphylaxis Increase the Demand for Autoinjectors
Anaphylaxis is a severe allergic reaction that frequently causes swelling, low blood pressure, and, in severe cases, shocks. Allergy is the most frequent chronic condition in Europe, according to Allergy UK 2016. Furthermore,…
