The auto ancillary market is growing at an exceptional rate. The original equipment manufactures and auto aftermarket is generating huge demand for the auto ancillary products. Market is expected to witness impressive growth in the next five years.
report begins with a market overview section which discusses the present and forecasted market size and growth. An analysis of the drivers influencing the industry growth includes rising income levels Nikola Vucevic Jersey , rising auto sales, under-penetrated market, cost advantage, opportunity in the auto aftermarket. The key challenges identified include weak research and development issues, safety and reputation Cheap Magic Hats , players facing profitability issues.
The report covers the important rules and regulations and initiatives concerning the auto ancillary sector in China. It also discusses the current market trends as players partipating in trade fairs and exhibitions, players making inroads to India, mergers and acquisitions, PE investments, rising competition in spare parts market.
The competition section provides a product portfolio matrix of the players. The section also provides brief profiles of the major players which incorporates their financials and business highlights.
The key takeaways section summarizes the future outlook and the initiativesstrategies adopted by the auto parts manufacturers in the market.
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Auto Ancillary Market in China 2011
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Auto-Injectors Market Value Forecast By Product Type, 2016鈥?026
by ankush321 · January 21, 2019
Anaphylactic shock is the most common chronic disease in Europe and North America region. Allergy UK says, approximately 20% of patients struggle with anaphylactic reaction in Europe. Anaphylactic shock requires adrenaline auto injector devices to be treated. Adrenaline auto injectors are sold under various brands, such as Emerade Magic Big Tall Jerseys , Epipen and Jext in the UK. The global聽auto injectors market聽was valued at US$ US$ 1,700 Mn, in terms of value, in 2016, according to the latest research by Future Market Insights (FMI). The report on auto injectors further projects significant growth potential with average year-on-year growth rate of 15.1% through 2026.
Auto injectors are an effective mode of administration for intramuscular drugs. User friendly attributes of auto injectors reduce the burden of carrying conventional needles and syringes. However Magic City Edition Jerseys , limited awareness regarding proper use of auto injectors and high price of branded products are some of the important factors curbing the adoption of auto injector devices in emergency applications. Based on research conducted by the McGill University鈥檚 Health Centre Research Institute, allergic patients procuring EpiPen for emergency are not actually using the product as quickly as they should. Further, a number of patients visiting the emergency department due to severe anaphylaxis reaction are already administered epinephrine, says the Journal of Allergy and Clinical Immunology.
Failure to use auto injectors at the right time is mainly due to lack of knowledge about signs of anaphylaxis. Such lack of awareness about the disease and product creates significant challenges, in terms of product adoption Cheap Magic Jerseys , for the manufacturers. Apart from higher pricing, limited shelf life of auto-injector pen & under supply of products (Ex. EpiPen) are the major challenges hindering the patient preference for auto injectors in emergency.
Increasing innovations in materials and device functions of auto-injectors are driving the expansion of the auto injector market. In September 2015, Bayer HealthCare reported the launch of Betaconnect- an electronic auto injector for the treatment of relapsing-remitting multiple sclerosis (RRMS). This auto injector offers complete drug dosage for improved compliance and potentially reduce the overall cost. The SHL Group offers a variety of auto injectors that can accommodate changes in injections, such as larger volumes, high viscosity and others. The auto-injector manufacturers are focusing on improving the functionality of auto-injectors to improve disease management and treatment.