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Pen Needles Market Size & Share

Pen Needles Market Size & Share

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Pen Needles Market Size & Share

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  1. The Fortune Business Insights report analyzes the global pen needles market, which was valued at USD 2.28 billion in 2024 and is projected to reach USD 3.89 billion by 2032, growing at a CAGR of 7.0%. Key findings from the report include:  North America dominates with 39.47% market share in 2024  Standard pen needles hold the largest segment share due to high diabetes prevalence  The 8mm needle length leads with 21.7% market share  Insulin therapy commands over 75% of the therapy segment Recent significant developments include:  March 2024: MTD Medical Technology acquired Ypsomed's pen needle and blood glucose monitoring systems divisions  April 2024: HTL-STREFA expanded its Droplet Micron portfolio to over-the-counter products in the U.S. The report segments the market by:  Product Type (Standard and Safety Pen Needles)  Needle Length (4mm, 5mm, 6mm, 8mm, 10mm, 12mm)  Drug Type (Insulin, GLP-1, Growth Hormone)  Distribution Channel (Hospital, Retail, Online Pharmacy)  Geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) Key market drivers include rising diabetes prevalence, growing demand for self-administered injections, and increasing adoption of safety-engineered devices. Report- Fortune Business Insights - Pen Needles Market Size, Share, Trends | Industry Report [2032] https://www.fortunebusinessinsights.com/pen-needles-market-110437

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