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Stock impact report

Global Wearable Injectors Market Analysis & Forecast 2024-2034: Oncology Applications Reigned in 2023, While Infectious Disease Applications Surge with Highest CAGR Amid Emerging Health Ch...

Stevanato Group S.p.A. Ordinary Shares (STVN) 
Company Research Source: Yahoo! Finance
The global wearable injectors market size was estimated at USD 8.85 billion in 2023, projected to reach USD 55.84 billion by 2034 with a CAGR of 18.23% from 2024 to 2034. Key factors driving market growth include the increasing prevalence of chronic illnesses, a rising geriatric population, heightened concerns about needle stick injuries, growing demand for continuous monitoring and home-based treatment, robust healthcare infrastructure, an uptick in lifestyle disorders, surge in regulatory approvals, and strategic initiatives by leading market players such as partnerships, collaborations, mergers, and acquisitions. The rising introduction of advanced wearable injectors for drug delivery is expected to boost market growth, enhancing both patient and healthcare worker safety by eliminating risks associated with conventional infusion and injection methods. Wearable injectors allow patients to self-administer medications subcutaneously at home, reducing the risk of needle stick injuri Show less Read more
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