Needle-Free Drug Delivery Systems Market - Insights and Forecast till 2025

SHANGHAI - March 2, 2020 - PRLog -- Global Needle Free Drug Delivery Devices Market report, published by UnivDatos Market Insights (UMI), is expected to reach US$ 15.7 billion by 2025 at a reasonable CAGR of 10% during the forecast period (2018-2025). Increased prevalence of diseases, self-administration and stringent government regulations on medical devices are the major factors driving the global needle-free drug delivery devices market. Moreover, risk attached with the hypodermic needles especially needlestick and sharp injuries along with blood borne viruses such as HIV, hepatitis B have  significantly fostered the demand for needle-free drug delivery devices, majorly in the developed and developing regions. Drug delivery plays a critical role in the human healthcare system where around 12 billion injections are administered annually for medical purposes, out of which 3% are used for immunization purposes. Throughout the world, 0.7% of deaths and 0.6% of disability-adjusted life years are caused by reused or non-sterilized injections in the healthcare system.

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In addition to this, worldwide needle-free drug delivery devices are also recognized for there self-administration of medicine. These are user-friendly devices, cause no bleeding and do not require healthcare staff assistance while using on patients. The injecting device consists of a drug chamber that is made up of plastic and nozzle of the device allows the drug to pass from the orifice. Furthermore, expanding the popularity of needle-free devices is largely owed to the aging population, chronic illness and patients suffering from trypanophobia. According to the surveys held in 2017, it was estimated that 91% of the patients were satisfied with the needle-free drug delivery technique.

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