Growth of Needle-free Injection Hinges on Penetrating Niche Markets
Greystone Research AssociatesPosted on:08 Feb 11.More Greystone Research Associates press releases
Amherst, N.H. - Long considered a novel technology with limited practical value, needle-free injection (NFI) is attempting to shed its image as an out-of-the-mainstream drug delivery technique. The convergence of improved device designs, patient sentiment and new therapeutic applications is re-making NFI into an attractive technology being pursued by a number of major pharmaceutical companies.
As interest in NFI increases, collaborations and acquisitions between leading NFI companies and drug developers are re-shaping the competitive landscape. The four leading NFI companies have each announced major deals in the past six months. Growth in this segment is being fueled by evolving market dynamics and interest in new drug delivery applications, including the re-entry of several major pharma companies into the vaccine arena.
The recent re-alignment of device developers and drug suppliers will provide NFI companies with the capital and market presence they have always lacked. Important growth opportunities for needle-free injection include reproductive health, procedure-related topical anesthesia, and vaccines, with therapeutic DNA vaccines a particularly hot segment.
These findings are contained in a new report, Needle-free Injection: Players, Products, and Prospects. The report contains product evaluations, market data and forecasts, company profiles, and detailed analysis of key business factors - essential information for understanding the growing importance of needle-free injection on drug packaging and administration, patient quality-of-care, and healthcare economics.
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Greystone Research Associates 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.