What is the current market size and future outlook for the wearable injectors market?
The wearable injectors market size has grown rapidly in recent years. It will grow from $8.84 billion in 2024 to $9.91 billion in 2025 at a compound annual growth rate (CAGR) of 12.1%. The growth in the historic period can be attributed to chronic disease management, patient convenience, technological advancements, aging population.
The wearable injectors market size is expected to see rapid growth in the next few years. It will grow to $17.45 billion in 2029 at a compound annual growth rate (CAGR) of 15.2%. The growth in the forecast period can be attributed to personalized medicine, remote patient monitoring, drug development, chronic disease management. Major trends in the forecast period include biologics and large molecules, dual-chamber wearables, connected and smart devices, patch pump technology.
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How has the wearable injectors market evolved, and what factors have shaped its growth?
The increase in the prevalence of chronic conditions such as diabetes, cardiovascular diseases, and cancers has played a significant role in the expansion of the wearable injectors market. For instance, in April 2023, according to a report published by the British Diabetic Association, a UK-based charity for people living with diabetes, in the UK, around 4.3 million people are currently diagnosed with diabetes. Among them, approximately 90% have type 2 diabetes, while about 8% are diagnosed with type 1 diabetes, with the remaining 2% consisting of other forms of diabetes. This surge in the diabetic and chronic disease patient population has led to a higher demand for disease treatment, thereby fueling the growth of the wearable injectors market.
What are the major segments of the wearable injectors market?
The wearable injectors market covered in this report is segmented –
1) By Type: On-Body Injectors, Off-Body Injectors
2) By End-User: Hospitals, Clinics, Homecare setting
3) By Application: Immuno-Oncology, Diabetes, Cardiovascular Diseases, Other Applications
Subsegments:
1) By On-Body Injectors: Patch-Based Injectors, Adhesive-Based Injectors, Needle-Based Injectors, Needle-Free Injectors
2) By Off-Body Injectors: Belt-Based Injectors, Handheld Injectors, Clip-Based Injectors
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Which companies dominate the wearable injectors market?
Major companies operating in the wearable injectors market include Amgen Inc., Becton Dickinson and Company (BD), Enable Injections LLC, Insulet Corporation, Ypsomed Holding AG, Medtronic MiniMed Inc., Tandem Diabetes Care Inc., Valeritas Inc., West Pharmaceutical Services Inc., Sensile Medical AG, Gerresheimer AG, Dexcom Inc., Consort Medical plc, United Therapeutics Corporation, Bühler Motor GmbH, Debiotech SA, Cellnovo Group, EoFlow Co. Ltd., CeQur SA, Haselmeier AG, Johnson & Johnson, kaleo Inc., Mylan N.V., Nemera Development S.A., F. Hoffmann-La Roche Ltd, Zosano Pharma Corporation
What are the top industry trends projected to impact the wearable injectors market?
Many companies in the wearable injectors manufacturing market are focusing on developing advanced products such as on-body injector (OBI), to enhance patient convenience, improve adherence to prescribed treatments, and address the growing demand for self-administration of biologics. An On-Body Injector (OBI) is a wearable drug delivery device designed to administer medications subcutaneously over a specified period, offering convenience for patients requiring large-volume or timed-dose injections. For instance, in February 2024, Coherus BioSciences Inc., a US-based biotechnology company, launched UDENYCA. It is an advanced drug delivery device using the LTS Sorrel wearable platform, specifically designed for administering pegfilgrastim-cbqv, a biosimilar pegfilgrastim. This medication is used the day after chemotherapy to lower the risk of febrile neutropenia, a condition characterized by fever and low white blood cell count caused by infections. The OBI ensures precise dosing and convenience for patients by enabling at-home administration, eliminating the need for additional clinic visits.
Which geographic trends are shaping the wearable injectors market, and which region has the highest market share?
North America was the largest region in the wearable injectors market in 2023. Western Europe was the second-largest region in the wearable injectors market analysis. The regions covered in the wearable injectors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Wearable Injectors Market Report 2025 Offer?
The wearable injectors market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Wearable injectors are drug delivery devices that adhere to the body while the drug is administered subcutaneously over a preset time period.
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