
Published On: Nov 2022
Published On: Nov 2022
At 11.9% CAGR, the Asia Pacific Intradermal Injection Market is projected to be worth US$ 1,698.43 million by 2028, says Business Market Insights
According to the Insight Partners’ research, the Asia Pacific intradermal injection market was valued at US$ 774.05 million in 2021 and is expected to reach US$ 1,698.43 million by 2028, registering an annual growth rate of 11.9% from 2021 to 2028.Significant growth opportunities in developed as well as developing countries and strategic developments by manufacturers are the critical factors attributed to the market expansion.
Manufacturers in the Asia Pacific Intradermal Injection market are adopting developmental strategies such as partnerships, collaborations, product launches, approvals, and mergers and acquisitions to sustain the competitive environment in the market. The companies are also undertaking the partnerships activities to strengthen their presence in the market and to boost the clinical research work for speeding up the development of various new candidates. The medical equipment manufacturers across the world are scaling up the production of their devices. Their involvement in various business developments and product innovations helps ensure the easy availability of the products in the regional markets. Moreover, the regulatory agencies are providing the required support through timely product approvals and permissions. Such strategic activities by manufacturers are expected to propel the growth of the ASIA PACIFIC intradermal injection market in coming years.
On the contrary, risks, complications, and dosing limitations associated with intradermal injections hurdles the growth of Asia Pacific intradermal injection market.
Key players profiles in the Asia Pacific intradermal injection market report are BD; West Pharmaceutical Services, Inc; Terumo Corporation; Nanopass; PharmaJet; Idevax; Eunsung Global; Crossject; Cardinal Health Inc; and Hindustan Syringes and Medical Devices Ltd among others.
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