The global Pen Needles Market size was USD 3.10 Billion in 2022 and is expected to register a steady revenue CAGR of 11.7% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of diabetes is a key factor driving market revenue growth. According to the International Diabetes Federation (IDF), in IDF North America and Caribbean Region in 2021, 51 million adults (20-79) were diagnosed with diabetes. This number is expected to rise to 57 million by 2030. Impaired Glucose Tolerance (IGT) affects 47 million adults (20-79) in IDF North America and Caribbean region, putting them at high risk of developing type 2 diabetes.
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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Players Profiled in the Report are:
Major companies in the market report include Novo Nordisk A/S, Becton Dickinson and Company, Terumo Corporation, Owen Mumford, B. Braun SE, Ypsomed Holding AG, UltiMed, Inc., Allison Medical, Inc., ARKRAY, Inc., and Artsana S.p.A.
How will this Report Benefit you?
The 250-page report by Emergen Research contains 194 tables and 189 charts and graphs. Anyone in need of a commercial, in-depth assessment of the global Pen Needles market and comprehensive market segment analysis can benefit from our new research. With the latest research, you can estimate the entire Pen Needles regional and global markets. To grow your market share, get financial analysis of the entire market and its various segments. We believe there is great potential for fast-growing energy storage technology in this industry. Find out how to leverage current and potential revenue streams in this area. Research also helps you make better strategic decisions, allowing you to formulate growth strategies, enhance competitive analysis, and improve business productivity.
Market Overview:
The report bifurcates the Pen Needles market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Pen Needles market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Pen Needles market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Pen Needles market.
Emergen Research has segmented the global pen needles market based on product, length, therapy, mode of purchase, and region:
- Product Outlook (Revenue, USD Billion; 2019-2032)
- Standard Pen Needle
- Safety Pen Needle
- Length Outlook (Revenue, USD Billion; 2019-2032)
- 4mm
- 5mm
- 6mm
- 8mm
- 10mm
- 12mm
- Therapy Outlook (Revenue, USD Billion; 2019-2032)
- Insulin
- Glucagon-like-Peptide-1 (GLP-1)
- Growth Hormone
- Mode of Purchase Outlook (Revenue, USD Billion; 2019-2032)
- Retail
- Non-Retail
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