The global needle-free drug delivery devices market size was valued at USD 13.2 billion in 2023 and is projected to reach USD 21.6 billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030. The rising prevalence of diabetes worldwide and the increasing demand for convenient glucose monitoring devices are key factors driving market growth.
Traditionally, type 1 diabetes patients relied on needles for glucose monitoring, which was often painful and carried the risk of infections. Needle-free devices provide a painless and safer alternative, resulting in their rapid adoption during the forecast period.
Additionally, technological advancements in drug administration and transportation are significantly contributing to market expansion. For example, in November 2023, Becton, Dickinson and Company (BD) introduced the PIVO Pro Needle-free Blood Collection Device after receiving clearance from the U.S. FDA.
Government initiatives aimed at reducing the incidence of infectious diseases such as hepatitis and AIDS are further expected to support market growth. According to the Centers for Disease Control and Prevention (CDC), in 2022, around 7% of individuals diagnosed with HIV were attributed to injection drug use (IDU). By minimizing infection risks, needle-free devices offer a safer solution, driving greater acceptance in both developed and developing regions.
Well-developed healthcare infrastructure in developed countries, combined with growing R&D investments by governments and pharmaceutical companies for managing diabetes and chronic pain cases, is further bolstering the market outlook.
Key Market Trends & Insights
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Market Size & Forecast
Key Needle-free Drug Delivery Devices Company Insights
The needle-free drug delivery devices market is moderately fragmented, with several small and large players competing globally. Leading companies, including PenJet, PharmaJet, 3M, and others, are adopting strategies such as product launches, regional expansions, partnerships, and distribution agreements to strengthen their market presence.
For instance, PenJet focuses on cost-effective and painless needle-free injection devices and offers a broad product portfolio featuring advanced injection technology.
Leading Companies in the Market:
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Conclusion
The needle-free drug delivery devices market is poised for significant growth due to increasing diabetes prevalence, rising awareness about painless and infection-free treatment options, and continuous technological innovations. Strong support from government initiatives, coupled with the expansion of healthcare infrastructure in emerging economies, is expected to accelerate adoption worldwide. With major players focusing on innovation and strategic collaborations, the market is likely to witness substantial opportunities over the forecast period.
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