Auto Injectors Market To Surpass US$ 7,894.6 Million By 2027 - Coherent Market Insights

SEATTLE - Aug. 1, 2020 - PRLog -- Auto-Injectors Market – Insights

Auto-injectors market are used to deliver a dose of a particular drug. Epinephrine auto-injector is a type of auto-injector widely used for people at risk of anaphylaxis. Auto-injectors are often used in the military to protect personnel from chemical warfare agents.

North America region held dominant position in the global auto-injectors market in 2018, accounting for 75.9% share in terms of value, followed by Europe.

Auto-Injectors  | Coherent Market Insights

Global Auto-Injectors Market: Restraints

High cost of auto-injectors is a major factor hindering growth of the global auto-injectors market. For instance, the cost of EpiPen (2-pack) increased from US$ 100 in 2007 to US$ 608. Moreover, the cost of a generic EpiPen launched in December 2016 was 300% more than that in 2007.

Moreover, stringent regulatory scenario for approval of auto-injectors is also expected to hinder growth of the market. The U.S. FDA classifies auto-injectors as class II high-risk medical devices and are subject to additional control prior to receiving approval.

Global Auto-Injectors Market: Opportunities

The market in Europe is witnessing increasing shortages of epinephrine auto-injectors following manufacturing issues with the Emerade brand auto-injector. Therefore, key players in the market can focus on expanding their presence in the region

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999 Epinephrine Auto-Injector Minnesota allows authorized entities including recreation camps, colleges, universities, preschools and day-care facilities to obtain, store, and use epinephrine auto-injectors without a prescription

Auto-Injectors  | Coherent Market Insights

Global Auto-Injectors Market: Competitive Landscape

Major players operating in the global auto-injectors market include, Becton, Dickinson and Company, Sanofi, Pfizer, Inc., Mylan N.V., Novartis International AG, Bayer AG, Janssen Global Services, LLC, Antares Pharma, Inc., Amgen Inc., and Eli Lilly and Company.

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