Wearable Injectors Market Size, Share, Growth Analysis, By Type(On-Body, Off-Body), By Therapy(Diabetes, Cardiovascular Disease, Oncology, Infectious Disease), By End Use(Home care and Hospital), By Region - Industry Forecast 2024-2031

Wearable Injectors Market size was valued at USD 6.66 billion in 2019 and is poised to grow from USD 7.65 billion in 2023 to USD 23.89 billion by 2031, growing at a CAGR of 15.29% in the forecast period (2024-2031).

Wearable injectors increase the safety of patients and health workers by eliminating the risks of traditional injection technology, such as medications, needle insertion, caps and needle removal. But one of the biggest problems in developing countries is developed countries is rising health costs. Countries strive to provide high quality and affordable health care. Patients can use wearable subcutaneous injections at home with wearable injectors. They are expected to reduce the frequency of visits to hospitals or other healthcare facilities and reduce healthcare costs. 

With advanced injection technology, the patient is never in need of an injection. When the injector is attached, the needle is inserted by pressing the button.  

As soon as the product is released, the patient is alerted by tactile, audible and visual cues, and the needle retracts and closes automatically, allowing safe, easy removal of the device. No needle stick injury compared to intravenous injection and parenteral administration using a wearable injector.

US Wearable Injectors Market is poised to grow at a sustainable CAGR for the next forecast year.