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Injection Devices Evolving to Increase Capabilities and Market Share Finds Greystone Research Associates - Greystone Research Associates Examines New-Generation Syringes and Injectors and their Impact on the Injectable Drug Sector - GreystoneAssociates.org
Injection Devices Evolving to Increase Capabilities and Market Share Finds Greystone Research Associates

 

PRZOOM - /newswire/ - Amherst, NH, United States, 2013/01/22 - Greystone Research Associates Examines New-Generation Syringes and Injectors and their Impact on the Injectable Drug Sector - GreystoneAssociates.org.

   
 
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The injectable drug sector has seen a marked increase in the level of device sophistication, patient-centered design, and drug/device integration, as specialty syringes and specialized injection devices proliferate in response to the safety and economic challenges posed by therapeutic injectables. Much of the activity in device evolution is being driven by the trend toward patient self-care as the administration of injectables moves increasingly from practitioner offices and healthcare facilities to patient homes.

As new drugs become available for the treatment of an expanding list of health conditions, drug developers have increasingly pursued packaging and delivery options that simplify the administration process and increase the efficiency and reliability with which the drug can be introduced into the patient. For injectable drugs, this pursuit has led to accelerated progress in injection device design, creating new opportunities and choices for drug marketers.

As injection device design evolves to address the needs of users and drug developers, a number of features have appeared that improve the drug administration experience. These enhancements include variable dose autoinjectors, dual chamber variable dose pen injectors, prefillable safety syringes, dose memory devices, tamper evident prefilled syringes, small form factor disposable autoinjectors, and prefilled needle-free injectors. On the horizon are more dramatic developments that include technology that will allow actuator-enabled needle-free injectors to be programmed to meet the needs of specific therapeutic drugs or patient profiles.

In terms of growth, prefilled syringes will continue to experience year-on-year unit growth of between 10 and 12 percent. We expect prefilled syringes to reach 4.75 billion units globally in 2016. Autoinjector growth will be slightly higher, as a growing list of therapeutic drugs supplied in prefilled syringes are bundled with autoinjectors and an increasing number of patients are introduced to autoinjectors as price points decline. The growth of pen injectors will decline slightly, as pressure from lower-cost feature-rich autoinjectors capable of accepting standard 1 mL prefilled syringes impacts pen demand in certain chronic disease segments. For needle-free injectors, prefilled devices will be the bright spot, as the success of Sumavel DosePro encourages other drug developers to consider this delivery device option, in particular for injectables indicated for pediatric patients.

A comprehensive analysis of advanced devices for injectables is included in a new and comprehensive report. The report Advanced Devices for Injectable Drugs - includes assessments of devices, device features and injectable drug therapeutic markets, analysis of market factors, and profiles of market participants.

About Greystone
Greystone Research Associates (greystoneassociates.org) is a medical technology consulting firm focused on the areas of medical market strategy, product commercialization, venture development, and market research. We assist medical and healthcare market participants in achieving their business objectives through the creation of detailed development strategies, product commercialization programs, and comprehensive market and technology research and analysis. Our market research publications are designed, researched and written to provide timely and insightful information and data on focused market segments, with the aim of providing market participants with the essential knowledge to refine and execute their marketing plans and financial targets.

 
 
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Injection Devices Evolving to Increase Capabilities and Market Share Finds Greystone Research Associates

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Contact: Mark Smith - GreystoneAssociates.org 
603-595-4340 mksmith[.]greystoneassociates.org
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Greystone Associates securities in any jurisdiction including any other companies listed or named in this release.

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