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2019-2025 Pen Needles Market Analysis by Performance of Key Players

The global pen needles market estimated to grow at a CAGR of 4.6% during the forecast period from 2018 to 2025. The market for Pen needles was valued at USD 1,603.8 Mn in 2017 and is estimated to reach US$ 2,280.6 Mn by 2025.<br><br>The global pen needles market is a matured market in the developing countries as well as developing economies worldwide. The market on the basis of type is segmented into standard pen needles and safety pen needles. Standard pen needles segment led the market in 2017, and is expected to retain its dominance during the forecast period owing to the easy availability as well as affordability.<br><br>Get Sample Report at https://www.theinsightpartners.com/sample/TIPHE100000824

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2019-2025 Pen Needles Market Analysis by Performance of Key Players

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  1. Global Pen Needles Market to 2027 www.theinsightpartners.com PEN NEEDLES MARKET To 2025 Global Analysis and Forecasts By Type (Standard Global Analysis and Forecasts By Type (Standard and Safety), Therapy (Insulin, GLP and Safety), Therapy (Insulin, GLP- -1, and Growth Hormone), Length (4mm, 1, and Growth Hormone), Length (4mm, 5mm, 6mm, 8mm,10mm, and 12mm) and Geography 5mm, 6mm, 8mm,10mm, and 12mm) and Geography 1

  2. Global Pen Needles Market to 2027 www.theinsightpartners.com According to a new market research study titled ‘Pen Needles Market to 2025 to 2025 – – Global Global Analysis and Forecasts by Type, Therapy, and Length th Analysis and Forecasts by Type, Therapy, and Length the global pen needles market was e global pen needles market was valued at US$ 1,603.8 Mn in 2017 and is estimated to reach US$ 2,280.6 Mn by 2025 valued at US$ 1,603.8 Mn in 2017 and is estimated to reach US$ 2,280.6 Mn by 2025. The report highlights the trends prevalent in the global pen needles market and the factors driving the market along with those that act as deterrents to its growth. The rising number of patients suffering with diabetes and adoption of injection pens over traditional syringes and vials is expected to increase the demand for pen needles over the forecast period. However, the high penetration of alternate drug delivery devices is expected to restrict the market growth. The pen needles attached to injection pens have been found to be re-used by the patients at a significant rate. One of the major reason behind this reuse is known to be the cost of these needles. According to a survey conducted by BD in determining the pattern of pen needle usage among population in 2014-2015, 23.3% participants in the survey reported reuse of pen needles due to the price of these needles as well as for cost-saving purposes. Thus, the market launch of affordable yet efficient pen needles is expected to be one of the potential opportunities that can be utilized by the market players to increase their sales and thereby establish a significant position in the highly competitive pen needles market. The global pen needles market is a matured market in the developing countries as well as developing economies worldwide. The market on the basis of type is segmented into standard pen needles and safety pen needles. Standard pen needles segment led the market in 2017, and is expected to retain its dominance during the forecast period owing to the easy availability as well as affordability. On the other hand, safety pen needles are expected to grow with a rapid CAGR owing to increasing awareness among populace regarding the benefits offered by safety pen needles over standard ones. The key players operating in the field of pen needles worldwide include BD, Novo Nordisk A/S, YPSOMED AG, B. Braun Melsungen AG, Owen Mumford, Ltd., HTL-Strefa S.A., Ultimed, Inc., Terumo Corporation, Allison Medical, Inc., and Artsana S.p.A. among others. 2

  3. Global Pen Needles Market to 2027 www.theinsightpartners.com The report segments the global pen needles market as follows: Global Pen needles Market Global Pen needles Market – – By Type By Type Standard Safety Global Pen needles Market Global Pen needles Market – – By By Therapy Therapy Insulin GLP-1 Growth Hormone Global Pen needles Market Global Pen needles Market – – By Length By Length 4mm 5mm 6mm 8mm 10mm 12mm Global Pen needles Market Global Pen needles Market – – By Geography By Geography North America U.S. Canada Mexico Europe UK Germany France Asia Pacific (APAC) Japan 3

  4. Global Pen Needles Market to 2027 www.theinsightpartners.com China India Middle East & Africa (MEA) South Africa UAE South America (SAM) Brazil Check Research Sample here Check Research Sample here - - https://www.theinsightpar https://www.theinsightpartners.com/sample/TIPHE100000824 tners.com/sample/TIPHE100000824 ABOUT US The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Technology, Media, and Telecommunication. Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis. Our research content is majorly focused towards market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, technology, products, and services etc., which helps our clients to gain a deeper analytical understanding of various research topics. CONTACT US If you have any queries about this report or would like further information, please contact us: North America: +1 646 491 9876 Email: sales@theinsightpartners.com 4

  5. Global Pen Needles Market to 2027 www.theinsightpartners.com DISCLAIMER All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior permission of the publisher, “The Insight Partners”. The facts of this report are believed to be correct at the time of publication but cannot be guaranteed. Please note that the findings, conclusions, and recommendations that “The Insight Partners” delivers will be based on information gathered in good faith from primary and secondary sources, whose accuracy we are not always in a position to guarantee. As such, “The Insight Partners” can accept no liability whatsoever for actions taken based on any information that may subsequently prove to be incorrect. 5

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