China Subcutaneous Drug Delivery Devices Market Size & Outlook
China subcutaneous drug delivery devices market, 2018-2030 (US$M)
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China subcutaneous drug delivery devices market highlights
- The China subcutaneous drug delivery devices market generated a revenue of USD 1,026.2 million in 2023 and is expected to reach USD 2,242.2 million by 2030.
- The China market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, pen injectors was the largest revenue generating product in 2023.
- Wearable injectors is the most lucrative product segment registering the fastest growth during the forecast period.
Subcutaneous drug delivery devices market data book summary
| Market revenue in 2023 | USD 1,026.2 million |
| Market revenue in 2030 | USD 2,242.2 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Pen injectors |
| Fastest growing segment | Wearable injectors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Prefilled syringes, Pen injectors, Auto-injectors, Wearable injectors, Needle-free injectors |
| Key market players worldwide | Gerresheimer AG ADR, Medtronic PLC, Ypsomed Holding AG, Novo Nordisk A/S ADR, Insulet Corp, Becton Dickinson & Co, West Pharmaceutical Services Inc, PHARMAJET, Unilife Corporation |
Other key industry trends
- In terms of revenue, China accounted for 3.3% of the global subcutaneous drug delivery devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan subcutaneous drug delivery devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,758.1 million by 2030.
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Subcutaneous Drug Delivery Devices Market Scope
Subcutaneous Drug Delivery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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China subcutaneous drug delivery devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to subcutaneous drug delivery devices market will help companies and investors design strategic landscapes.
Pen injectors was the largest segment with a revenue share of 36.86% in 2023. Horizon Databook has segmented the China subcutaneous drug delivery devices market based on prefilled syringes, pen injectors, auto-injectors, wearable injectors, needle-free injectors covering the revenue growth of each sub-segment from 2018 to 2030.
The China subcutaneous drug delivery devices market is expected to witness significant growth over the forecast period due to the unmet needs of the growing population. According to the National Bureau of Statistics of China, in 2023, individuals aged 60 & above accounted for around 19.8% of the general population by 2022.
For instance, as reported in a 2022 article, the Volume-based Procurement (VBP) Act was introduced in 2020. This act focuses on the volume-based procurement of high-value medical supplies to address rising costs.
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Our clientele includes a mix of subcutaneous drug delivery devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China subcutaneous drug delivery devices market , including forecasts for subscribers. This country databook contains high-level insights into China subcutaneous drug delivery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China subcutaneous drug delivery devices market size, by product, 2018-2030 (US$M)
China Subcutaneous Drug Delivery Devices Market Outlook Share, 2023 & 2030 (US$M)
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