Market revenue in 2023 | USD 91.4 million |
Market revenue in 2030 | USD 253.9 million |
Growth rate | 15.7% (CAGR from 2023 to 2030) |
Largest segment | On-body |
Fastest growing segment | Off-body |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | On-body, Off-body |
Key market players worldwide | BD, Johnson & Johnson, Roche Holding AG, United Therapeutics Corp, Amgen Inc, Insulet Corp, West Pharmaceutical Services Inc, CeQur Simplicity, Unilife Corporation, Enable Injections |
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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 wearable injectors market will help companies and investors design strategic landscapes.
On-body was the largest segment with a revenue share of 52.3% in 2023. Horizon Databook has segmented the Kuwait wearable injectors market based on on-body, off-body covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of chronic diseases and technological advancements in medical devices are among the primary factors driving the growth of wearable injectors market in Kuwait. In Kuwait, NCDs are the leading cause of mortality. According to WHO, in 2019, 79% of fatalities in Kuwait were due to NCDs.
Moreover, according to the World Bank Report, the prevalence of diabetes in Kuwait and other GCC countries in 2019 was high (12.2%) compared to other wealthy nations such as the U.S., where the prevalence rate is 10.8%.
In addition, about one-fourth of the population has two or more chronic conditions. Wearable injectors are indispensable for the management of chronic disorders. Thus, the increasing prevalence of chronic diseases is expected to increase the demand for wearable injectors and drive market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait wearable injectors market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait wearable injectors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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