The needle-free market is expanding to include a greater number of pharmaceutical and biotechnology drugs. Developers of needle-free devices understand the drawbacks and weaknesses of their technologies and seek to improve their products in order to expand the market. As more drugs are developed to be delivered by needle-free devices, the market size is expected to grow.
The price of needle-free devices is expected to erode in the coming years, which, in turn, is expected to increase sales volume, spurring revenues for the manufacturers. Increased awareness and patient acceptance is expected to play a crucial role in the market penetration of the needle-free technology.
The efficacy and safety of new devices being developed and anticipated to be launched in the coming years will determine the market acceptance. Some of the applications expected to be key to the success of needle-free technologies include vaccines, protein and peptide drugs, gene delivery, and insulin. Needle-free devices have come a long way to the present state and are playing an increasingly important role in the novel drug delivery technologies markets.