Needle-Free Injection System Market by Technology (Jet, Spring, Micro-array Patch), by Product (Prefilled, Fillable), Type of Medication (Liquid, Powder), Application (Vaccination, Dermatology), End Users (Hospital, Homecare) - Global Forecast to 2026", published by MarketsandMarkets™, the global market is projected to reach USD 272 million by 2026 from USD 124 million in 2021, at a CAGR of 17.0% from 2020 to 2026. The growth of this market is mainly driven by technological advances, increasing demand for self-injecting devices and increasing incidence of chronic diseases. Globally, the number of patients has increased significantly due to an aging population and increasing prevalence of chronic diseases.
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In this report, the needle-free injection system market is segmented on the basis of product, type, application, technology, site of delivery, end user, and region.
Fillable needle-free injectors segment accounted for the largest share in the needle-free injection system market.
Based on product, the market is segmented into fillable and pre-filled needle-free injectors. the fillable needle-free injectors accounted for the larger share of 63.4% of the market. This product segment is projected to reach USD 179.7 million by 2026 from 79.4 million in 2021, at a CAGR of 17.7 % during the forecast period. The large share of this segment can be attributed to the increasing application of needle-free injections in vaccination, insulin, and other drug delivery.
Jet-based needle-free injectors segment accounted for the largest share in the needle-free injection system market.
On the basis of technology, the market can be segmented into jet-based, spring-based, microarray patches and other injectors. the jet-based needle-free injectors segment is expected to command the largest share of 67.4% of the global needle-free injection system devices market by technology. This segment is projected to reach USD 196.9 million by 2026 from USD 71.4 million, at a CAGR of 18.3% during the forecast period.
liquid-based injectors segment accounted for the largest share in the needle-free injection system market.
Based on the type, the needle-free injection market is segmented into liquid-based, powder-based and projectile/depot-based needle-free injectors. The liquid-based segment accounted for the largest share of 70.9% of the market. The large share of this segment can be attributed to the ability of a liquid jet, which is stronger enough to penetrate the skin and the underlying fat layer without harming the skin or the integrity of the drug molecule.
Fillable segment accounted for the largest share in the needle-free injection system market.
Based on applications, the market is segmented into vaccine delivery, insulin delivery, oncology, pain management, dermatology, and other applications. vaccine delivery is estimated to account for the largest share of 32.8% of the market by application.
Hospitals & clinics segment accounted for the largest share in the needle-free injection system market.
Based on end users, the needle-free injection market is segmented into hospitals & clinics, home care settings, research laboratories, pharmaceutical and biotechnology companies, and other end users. The hospitals & clinics segment accounted for the largest market share of 61.0%
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North America accounted segment accounted for the largest share in the needle-free injection system market.
On the basis of region, the needle-free injection system market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America accounted for the largest share of 58% of the needle-free injection market, followed by Europe, the Asia Pacific (APAC), Latin America, and the Middle East & Africa. However, the APAC region is expected to grow at the highest CAGR of 18.7% during the forecast period.
Key Market Players
The prominent players in global needle-free injection system market include PharmaJet (US), Portal Instruments (US), Medical International Technology, Inc (MIT) (US), NuGen Medical Devices (Canada), Crossject SA (US), and Bioject Medical Technologies (US).
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