Zogenix, Inc.

ZGNX

Market cap $1.5B

Dublin, Aug. 01, 2024 (GLOBE NEWSWIRE) -- The "Needle-Free Drug Injection Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Needle-Free Drug Injection Systems is estimated at US$15.9 Billion in 2023 and is projected to reach US$29.9 Billion by 2030, growing at a CAGR of 9.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth of the needle-free drug injection system market is driven by multiple factors, including continuous technological innovations that enhance drug delivery mechanisms and device ergonomics. These advancements make the systems more efficient and user-friendly, fostering broader adoption. Stricter regulatory and safety standards aimed at reducing needlestick injuries and related liabilities also promote the shift towards needle-free systems. Healthcare worker advocacy and patient demand for less invasive treatment options further influence this trend, especially among individuals with needle aversions.