Epinephrine Autoinjector Market

Global Epinephrine Autoinjector Market:

The global epinephrine autoinjector market size reached US$ 2.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2032, exhibiting a growth rate (CAGR) of 8.21% during 2024-2032. The increasing number of individuals with allergies, rising need for self-administrating medicines, and the launch of smart epinephrine autoinjector represent some of the key factors driving the market.

Global Epinephrine Autoinjector Market Analysis:

• Major Market Drivers: The increasing number of individuals with allergies and allergic reactions and the rising need for self-administrating medicines are primarily driving the growth of the market. Moreover, the growing aging population, which is more prone to develop allergic reactions, is influencing the market positively.
• Key Market Drivers: The introduction of smart epinephrine autoinjectors that are integrated with advanced technologies, including Bluetooth connectivity, sensors, and machine learning, to make them more convenient, user-friendly, and effective is acting as a significant growth-inducing factor for the market.
• Competitive Landscape: Some of the leading epinephrine autoinjector market companies operating in the global market include Adamis Pharmaceuticals Corporation, Amneal Pharmaceuticals Inc., Antares Pharma Inc., Bausch Health, Kaleo Inc., Teva Pharmaceutical Industries Ltd., and Viatris Inc., among others.
• Geographical Landscape: According to the report, North America was the largest market for epinephrine autoinjectors. Some of the factors driving the North America epinephrine autoinjector market included the rising prevalence of allergies, increasing awareness about anaphylaxis, and the availability of cost-effective generic versions of autoinjectors.
• Challenges and Opportunities: Challenges for the global epinephrine autoinjector market include regulatory hurdles and pricing pressures, while opportunities lie in expanding awareness about severe allergies and increasing adoption of these devices in both medical and non-medical settings.

Global Epinephrine Autoinjector Market Trends:

Increasing Prevalence of Severe Allergic Reactions 

The rising incidences of allergic reactions, which can cause difficulty in breathing, swelling, and low blood pressure, are primarily driving the growth of the market. Additionally, the surging prevalence of arthritis, asthma, cancer, and chronic obstructive pulmonary disease (COPD) are also contributing to the market growth. For instance, according to a report by the Asthma and Allergy Foundation of America, around 10.8% of female adults have asthma, compared to 6.5% of male adults. It is a leading chronic disease in children. Currently, there are about 4.5 million children under the age of 18 with asthma. 7.7% of Americans have asthma. Of these roughly 24.9 million, 20.2 million are adults, and 4.6 million are children. Similarly, the global burden of COPD in India reported an increase from 3.3% (28.1 million cases) in 1990 to 4.4% (55.3 million cases) in 2016. Besides this, the escalating geriatric population across the world, which is more prone to developing allergies, is also contributing to the growth of the market. For instance, there are currently roughly 62 million adults ages 65 and older living in the U.S., accounting for 18% of the population. By 2054, 84 million adults aged 65 and older will make up an estimated 23% of the population. Such a significant rise in the aging population and the rising cases of severe allergic reactions caused by stings, bug bites, drugs, or any other environmental irritant are anticipated to propel the epinephrine autoinjector market share in the coming years.

Growing Product Launches

The increasing number of new product launches and strategic activities, such as mergers/acquisitions, recent developments, joint ventures, collaborations, and partnerships by major players in the market, is creating a positive outlook for the overall market. For instance, in November 2022, Catalent announced its plans to manufacture a new batch of SYMJEPI for Adamis Pharmaceuticals Co. in Belgium. The relaunch and commercial availability of SYMJEPI took place in the first quarter of 2023. Furthermore, the medicine regulatory authorities are also expediating the approval process of drugs and medicines which is offering lucrative growth opportunities to the overall market. For example, in August 2022, Amphastar Pharmaceuticals Inc. announced that the U.S. Food and Drug Administration approved the company's New Drug Application for an Epinephrine Single Dose Pre-Filled Syringe. Besides this, the rise in merger and acquisition activities to propel the pace of drug development is positively impacting the epinephrine autoinjector market outlook. For instance, in February 2022, Sanofi acquired Amunix, which gives access to Amunix Pro-XTEN, XPAT, and XPAC technology to deliver next-generation Conditionally Activated Biologics. Such innovations are projected to bolster the growth of the market over the forecasted period.

Rising Awareness and Accessibility

Heightened awareness about allergies and improved accessibility to healthcare services are expanding the market, particularly in developing regions where allergy management is gaining importance. Furthermore, governing agencies of numerous countries are undertaking initiatives to promote the use of epinephrine autoinjectors in schools and other public spaces, which is creating a positive impact on the overall market. For instance, in June 2023, the MHRA, with the support of allergy awareness advocates, launched a safety campaign to raise awareness of anaphylaxis and provide advice on the use of adrenaline autoinjectors. Additionally, various private pharmaceutical companies are also taking initiatives to provide epinephrine autoinjectors at reasonably low prices to cater to the lower income groups. For instance, Mylan N.V., a global generic and specialty pharmaceuticals company, offers EpiPen (epinephrine injection, USP) for free under the Autoinjector Patient Assistance Program. The requirements for this include legal residency status, income limits, and lack of insurance coverage for prescriptions or for brand-name prescriptions. Patients who apply and are found eligible may receive medication free of charge. Such initiatives by government and private market players are projected to propel the epinephrine autoinjector market growth in the coming years.

Global Epinephrine Autoinjector Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global epinephrine autoinjector market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on dosage, application, and end user.

Breakup by Dosage:

• 0.15mg Epinephrine Autoinjector
• 0.3mg Epinephrine Autoinjector
• 0.5mg Epinephrine Autoinjector
   

0.3mg epinephrine autoinjector represented the largest segment

The report has provided a detailed breakup and analysis of the epinephrine autoinjector market based on the dosage. This includes 0.15mg epinephrine autoinjector, 0.3mg epinephrine autoinjector, and 0.5mg epinephrine autoinjector. According to the report, 0.3mg epinephrine autoinjector represented the largest segment.

Several social and psychological factors contribute significantly to the prevalence of anaphylaxis among adolescents and adults. Healthcare professionals recommend the use of epinephrine auto-injectors at a safe dosage, typically 0.3 mg, for patients aged 12 years and older. Various guidelines, such as the RCUK 2008/2021 in the UK, EAACI 2014/2021 in Europe, and the World Allergy Organization Anaphylaxis Guidance 2020, applicable globally across nearly 100 countries, advocate for adjusting dosages based on safety and practicality for emergency preparation and administration. Additionally, these guidelines advise administering 0.3 mg of epinephrine intramuscularly to children aged 6 to 12 years for their safety and effectiveness.

Breakup by Application:

• Under 6 Years
• 6 to 12 Years
• Over 12 Years
   

6 to 12 years represented the largest segment

A detailed breakup and analysis of the epinephrine autoinjector market based on the application has also been provided in the report. This includes under 6 years, 6 to 12 years, and over 12 years. According to the report, 6 to 12 years represented the largest segment.

Epinephrine autoinjectors are typically prescribed for individuals who have been diagnosed with severe allergies, particularly those at risk of anaphylaxis, which can occur in response to allergens like certain foods, insect stings, or medications. Children aged 6 to 12 years may require an Epinephrine Autoinjector (EAI) due to increasing independence and exposure to allergens outside of parental supervision, such as during school activities, playdates, or meals away from home. This age group is also more prone to severe allergic reactions, making it crucial for them to have immediate access to potentially life-saving treatment in case of anaphylaxis.

Breakup by End User:

• Hospitals
• Clinics
• Others
   

According to the report, hospitals represented the largest segment

The epinephrine autoinjector market report has provided a detailed breakup and analysis of the epinephrine autoinjector market based on the end user. This includes hospitals, clinics, and others. According to the report, hospitals represented the largest segment.

Hospitals hold the largest end-user share in the epinephrine autoinjector market primarily because they are key facilities where severe allergic reactions, or anaphylaxis, are treated. Hospitals regularly stock epinephrine autoinjectors for use in emergency departments, outpatient clinics, and during inpatient stays. They ensure immediate access to life-saving treatment for patients experiencing severe allergic reactions, which can occur unpredictably and require prompt intervention. Additionally, hospitals provide training to healthcare professionals and caregivers on the proper administration of epinephrine, reinforcing their critical role in managing anaphylaxis cases effectively.

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

North America was the largest market for epinephrine autoinjectors

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for epinephrine autoinjectors.

Some of the factors driving the North America epinephrine autoinjector market included the rising prevalence of allergies, increasing awareness about anaphylaxis, and the availability of cost-effective generic versions of autoinjectors. According to the National Library of Medicine, an article published in 2021 in PubMed, between 1.6% and 5.1% of U.S. citizens annually experienced anaphylaxis or suffered from this condition. Also, according to the Asthma and Allergy Foundation of America, in March 2022, about 7.7% of adults and 7.2% of children were diagnosed with seasonal allergic rhinitis. The growing need for epinephrine autoinjectors for quick emergency response is a major factor propelling the expansion of the epinephrine autoinjector industry in the region.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global epinephrine autoinjector market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered are listed below:

• Adamis Pharmaceuticals Corporation
• Amneal Pharmaceuticals Inc.
• Antares Pharma Inc
• Bausch Health
• Kaleo Inc.
• Teva Pharmaceutical Industries Ltd.
• Viatris Inc.
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Global Epinephrine Autoinjector Market News:

• March 2024: Aquestive Therapeutics, Inc. released positive topline clinical data from its Phase 3 pivotal pharmacokinetic (PK) clinical study of Anaphylm (epinephrine) Sublingual Film and findings from the FDA Type C meeting. Anaphylm is the company’s first and only orally administered epinephrine prodrug product candidate under development for the treatment of severe life-threatening allergic reactions, including anaphylaxis.
• August 2023: Nasus Pharma Ltd, a clinical-stage biopharmaceutical company focused on developing a needle-free, powder-based Intranasal (PBI) product portfolio to address acute medical conditions, announced the publication of positive results from a clinical study of intranasal powder-based Epinephrine.

Global Epinephrine Autoinjector Market Report Scope:

Key Questions Answered in This Report:

• How has the global epinephrine autoinjector market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global epinephrine autoinjector market?
• What is the impact of each driver, restraint, and opportunity on the global epinephrine autoinjector market?
• What are the key regional markets?
• Which countries represent the most attractive epinephrine autoinjector markets?
• What is the breakup of the market based on the dosage?
• Which is the most attractive dosage in the epinephrine autoinjector market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the epinephrine autoinjector market?
• What is the breakup of the market based on the end user?
• Which is the most attractive end user in the epinephrine autoinjector market?
• What is the competitive structure of the global epinephrine autoinjector market?
• Who are the key players/companies in the global epinephrine autoinjector market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the epinephrine autoinjector market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the global epinephrine autoinjector market.
• The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the epinephrine autoinjector industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.