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| Auto-Injectors Market Outlook| Recent Market Developments To 2023The growing prevalence of anaphylaxis and surging aging population are two of the key factors responsible for the growth of the auto-injectors market. The market is predicted to advance at a CAGR of 18.6% during the forecast period (2017–2023).
By: P&S Intelligence Request to Get the Sample Pages at: https://www.psmarketresearch.com/ One of the major developments in this scenario is that of auto-injectors, which are pen-like medical devices utilized for injecting a specific dose of drugs into the patient. These spring-loaded syringes are especially designed for the safe administration of drugs with ease. Auto-injectors further aid in reducing medication errors and increasing safety. It is due to these advantages of auto-injectors over traditional devices that the auto-injectors market (https://www.psmarketresearch.com/ The prevalence of anaphylaxis, which is a potentially life-threatening allergic reaction, is growing rapidly across the globe. The reaction can occur almost immediately after being exposed to something that the person is allergic to, such as bee stings or peanuts. Anaphylaxis occurs when the immune system releases a flood of chemicals which can send the person into shock— the blood pressure drops in an instant and airways constrict, thus blocking breathing. The treatment of this condition requires an epinephrine injection. The reaction needs to be dealt with the right away or else it can be fatal. Because of this, the demand for auto-injectors is increasing as well. Geographically, North America has emerged as the largest auto-injectors market, which is ascribed to the rising cases of diabetes, growing production of biologics, and surging geriatric population. The adoption of auto-injectors is growing rapidly in Europe as well, owing to the rising awareness regarding needle-stick injuries, increasing cases of anaphylaxis, and growing healthcare expenditure in the region. The emerging countries, including India and China, are also predicted to increasingly adopt auto-injectors in the near future, because of the rising healthcare awareness. End
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