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INJECTION PORT MARKET ANALYSIS

Injection Port Market, By Type (Re-sealable injection ports and Self-sealing injection ports), By Application (Pharmaceutical, Biotechnology, Medical devices, and Others), By Material (Silicone, Polyisoprene, Thermoplastic elastomers (TPEs), and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East)

  • Published In : Dec 2023
  • Code : CMI5910
  • Pages :160
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Global injection port market size is estimated to be valued at US$ 1.36 Bn in 2023 and is expected to reach US$ 2.12 Bn by 2030, and is further expected to exhibit a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030.

The size of the injection port market can vary depending on factors such as the demand for intravenous (IV) therapy, the prevalence of chronic diseases which requires regular injections or infusions, and advancements in healthcare technologies. The injection port market is expected to experience growth due to the increasing need for safe and efficient drug administration, especially in areas such as oncology, diabetes management, and home healthcare.

The market is characterized by the presence of several manufacturers and suppliers offering a range of injection port products. These products may include implantable ports, catheter access sites, and other specialized devices.

Global Injection Port Market Regional Insights

  • North America: The North America region, particularly the U.S., is a significant market for medical devices. The presence of advanced healthcare infrastructure, a large patient population, and strong research and development (R&D) capabilities contribute to the advancement of injection port market in the region. North America region is estimated to hold 34.6% market share in global injection port market in 2023.
  • Europe: Europe has a well-established healthcare system and strict regulatory requirements for medical devices. The region emphasizes patient safety, quality, and efficacy. Countries like Germany, the U.K. and France has strong medical device markets which contribute to the demand for injection ports. Europe region is estimated to hold 28.2% market share in global injection port market in 2023.
  • Asia Pacific: The Asia Pacific region is experiencing rapid growth in the healthcare Increasing healthcare spending, expanding access to healthcare services, and rising awareness about advanced medical technologies contribute to the demand for injection ports. Countries such as China, Japan, India, and South Korea have a significant market potential due to their large population and increasing healthcare investments. The Asia Pacific region is estimated to hold 24.1% market share in global injection port market in 2023.

Figure 1. Global Injection Port Market Share (%), By Region, 2023

INJECTION PORT MARKET

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Analysts’ Views on Global Injection Port Market:                                                                       

The injection port market is influenced by various drivers and restraints, thereby shaping its outlook in the forecast years. Drivers include technological advancements and a rise in chronic diseases that requires frequent medication. Injection ports offer a convenient way to administer drugs, thus reducing the need for multiple injections and improving patient compliance. The market is also driven by the increasing demand for home healthcare, as these ports facilitate self-administration of medications.

However, concerns regarding the risk of infections and complications related to the use of injection ports might affect market growth. Regulatory challenges and stringent approval processes for new devices can also impede the market's growth. Overcoming these limitations through education, technological improvements addressing safety concerns and streamlined regulatory pathways will be crucial in expanding the injection port market.

Global Injection Port Market Drivers:

  • Increasing prevalence of chronic diseases: The rising incidence of chronic diseases such as cancer, diabetes, and cardiovascular diseases has led to an increased need for regular administration of medications, including injections. Injection ports provide a convenient and efficient means for repeated access to patients' veins, thus facilitating drug administration and improving patient comfort.
  • Growth in home healthcare: The growing trend of home healthcare and self-administration of medications has created a demand for user-friendly medical devices. Injection ports allow patients to easily self-administer medications or receive injections at home, thereby enhancing convenience and reducing the need for frequent visits to healthcare facilities.
  • Advancements in drug delivery systems: Technological advancements in drug delivery systems have contributed to the development of innovative injection port designs. These advancements include the integration of features such as self-sealing valves, antimicrobial coatings, and compatibility with various needle sizes, thus improving safety, reliability, and ease of use.
  • Expansion of the geriatric population: The global aging population is driving the demand for healthcare services, including the need for injections and intravenous therapies. Injection ports play a crucial role in providing safe and reliable access for medication administration in elderly patients who may have fragile veins or require long-term treatments.

Injection Port Market Report Coverage

Report Coverage Details
Base Year: 2022 Market Size in 2023: US$ 1.36 Bn
Historical Data for: 2018 to 2022 Forecast Period: 2023 - 2030
Forecast Period 2023 to 2030 CAGR: 6.5% 2030 Value Projection: US$ 2.12 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East:  GCC Countries, Israel,  and Rest of Middle East
  • Africa:  South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: Re-sealable injection ports and  Self-sealing injection ports
  • By Application: Pharmaceutical, Biotechnology, Medical devices, and Others
  • By Material: Silicone, Polyisoprene, Thermoplastic elastomers (TPEs), and Others
Companies covered:

Qosina, Sippex IV bags, GVS S.p.A., TECHNOFLEX, Elcam Medical, Medtronic, B. Braun Medical Inc., Romsons Group, Nordson Corporation, IBIDI GMBH, BD and Terumo Corporation

Growth Drivers:
  • Increasing prevalence of chronic diseases
  • Growth in home healthcare
  • Advancements in drug delivery systems
  • Expansion of the geriatric population
Restraints & Challenges:
  • Stringent regulatory requirements
  • Limited reimbursement policies
  • Competition from alternative drug delivery methods

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Global Injection Port Market Opportunities:

  • Technological advancements: There is an opportunity for manufacturers to invest in research and development (R&D) to innovate and improve the design and functionality of injection ports. This includes features such as integrated electronic monitoring systems, wireless connectivity for data collection, and smart sensors to enhance patient safety, medication adherence, and overall treatment outcomes.
  • Expansion of home healthcare: The expanding home healthcare sector provides an opportunity for injection port manufacturers to develop user-friendly and portable devices suitable for self-administration of medications at home. Customized injection ports that are easy to use, require minimal training, and provide reliable access for medication administration which caters to the growing demand in this segment.
  • Increasing demand for wearable drug delivery systems: The market for wearable drug delivery systems is on the rise, which is driven by the need for continuous and convenient medication administration. Injection ports that can be integrated into wearable devices, such as patches or wearable infusion pumps, offer opportunities for seamless and personalized drug delivery solutions.
  • Emerging markets: Emerging economies, particularly Asia Pacific, Latin America, and Africa, presents untapped market opportunities for injection port manufacturers. The rising healthcare expenditure, improving healthcare infrastructure, and increasing prevalence of chronic diseases in these regions create a growing demand for advanced medical devices, including injection ports.

Global Injection Port Market Trends:

  • Integration of advanced materials: There is a trend towards the use of advanced materials in injection ports, such as biocompatible polymers or bioabsorbable materials. These materials offer benefits such as improved patient comfort, reduced risk of adverse reactions, and better compatibility with drug formulations.
  • Miniaturization and discreet designs: Injection ports are being designed with smaller profiles and discreet aesthetics, thereby allowing for more inconspicuous placement on the patient's body. This trend is driven by the increasing demand for patient comfort, improved cosmetics, and the ability to wear injection ports discreetly under clothing.
  • Smart features and connectivity: Injection ports are being equipped with smart features and connectivity options to enhance functionality and enable data collection. These features may include electronic monitoring systems, wireless connectivity, and integration with digital health platforms, thus allowing for remote monitoring, dosage tracking, and patient adherence monitoring.
  • Customization and patient-specific solutions: There is a growing trend towards personalized medicine and patient-specific treatments. Injection port manufacturers are offering customization options, thus allowing healthcare professionals to select injection ports which are based on individual patient needs, such as specific drug therapies, patient anatomy, or treatment duration.

Global Injection Port Market Restraints:

  • Stringent regulatory requirements: The medical device industry, including injection ports, is subject to stringent regulatory standards and requirements. Compliance with these regulations, such as obtaining necessary approvals and certifications, can be time-consuming and costly, which may hinder entry for new market players and create barriers to innovation.
  • Limited reimbursement policies: Reimbursement policies and coverage for injection ports may vary across different healthcare systems and regions. Limited reimbursement or lack of adequate coverage for certain indications or patient populations can limit market adoption and restrict access to injection ports, particularly in healthcare systems with cost-containment measures.
  • Competition from alternative drug delivery methods: Injection ports face competition from alternative drug delivery methods, such as prefilled syringes, autoinjectors, and wearable devices. These alternative methods may offer convenience, ease of use, or specific benefits for certain medications, thus potentially impacting the demand for injection ports in specific applications or patient populations.

Counterbalance: The key market players should emphasis on providing proper reimbursement policies and adequate coverage for the injection ports. The injection port should also offer convenience, benefits and easy usage methods to remain ahead of its competitors in the market.

Figure 2. Global Injection Port Market Share (%), By Type, 2023

INJECTION PORT MARKET

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Top Companies in Global Injection Port Market

  • Qosina.
  • Sippex IV bags
  • GVS S.p.A.
  • TECHNOFLEX
  • Elcam Medical
  • Medtronic
  • B. Braun Medical Inc.
  • Romsons Group 
  • Nordson Corporation
  • IBIDI GMBH
  • BD
  • Terumo Corporation

Definition: An injection port is a medical device which is designed to provide a safe and convenient access point for the administration of medications or fluids. It is typically a small, self-sealing valve or septum that can be punctured with a needle or other medical device, thereby allowing for repeated injections without the need for multiple needle insertions.

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About Author

Manisha Vibhute is a consultant with over 5 years of experience in market research and consulting. With a strong understanding of market dynamics, Manisha assists clients in developing effective market access strategies. She helps medical device companies navigate pricing, reimbursement, and regulatory pathways to ensure successful product launches.

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Frequently Asked Questions

The global Injection Port Market size was valued at USD 1.36 billion in 2023 and is expected to reach USD 2.12 billion in 2030.

The key factors hampering growth in the global injection port market include stringent regulatory requirements, limited reimbursement policies, and competition from alternative drug delivery methods,  

Major factors driving the growth of the global injection port market include the increasing prevalence of chronic diseases, growth in home healthcare, advancements in drug delivery systems, and the expansion of the geriatric population.  

The leading type segment in the global injection port market is re-sealable injection ports.

The major players operating in the global injection port market Qosina, Sippex IV bags, GVS S.p.A., TECHNOFLEX, Elcam Medical, Medtronic, B. Braun Medical Inc., Romsons Group, Nordson Corporation, IBIDI GMBH, BD and Terumo Corporation.

North America region lead the global injection port market.  

The compound annual growth rate (CAGR) of the global injection port market is 6.5%.
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