Tag Archives: pen needles market

Pen Needles Market by Product Analysis, Revenue Forecast by Types and Applications Till 2025

Industry Insights

16 Nov 2018: The Global Pen Needles Market was valued at USD 1.5 billion in 2015, which is projected to grow at a CAGR of more than 13.0% during the forecast period. Rising prevalence of diabetes has led to the rise in demand of pen needles. According to the WHO, in 2014, 422 million people had diabetes and it is estimated that it would be the 7th leading cause of death in 2030. With the increase in population of this disorder, the market is estimated to grow rapidly over forecast period. The rising number of overweight or obese people also contributes to the growth of the market. According to the Diabetes. Co. UK, obesity accounts for 80% to 85% chances of developing type 2 diabetes. Excess abdominal fat, increases the chances of having this type of disorder.

Pen Needles Market size, Demand, Analysis and Opportunity forecast 2021

According to a new market research report “Pen Needles Market by Type (Standard Pen Needles, Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, 8mm, 10mm, 12mm), Therapy (Insulin, GLP-1, Growth Hormone), Mode of Purchase (Retail, Non-Retail) — Trends & Global Forecasts to 2021”, published by MarketsandMarkets, this report studies the market for the forecast period of 2016 to 2021. This market is expected to reach USD 2.81 Billion by 2021 from USD 1.65 Billion in 2016, growing at a CAGR of 11.2%.

Browse 102 market data Tables and 53 Figures spread through 185 Pages and in-depth TOC on “Pen Needles Market”

Pen Needles Market Analysis 2018 Globally: by Key Manufacturers, Countries, Type, Application and Forecasts to 2021

The Market Research on Pen Needles, By Considering useful aspects like; Application, End Users- Global Future Forecast till 2021, published by MarketsandMarkets™, the report studies the global Pen Needles market over the forecast period of 2017 to 2021. The market is projected to reach USD 2.81 Billion by 2021 at a CAGR of 11.2%.

The Pen Needles market is fragmented with the presence of emerging players;

The major companies in this market include Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), Ypsomed Holding AG (Switzerland), B. Braun Melsungen AG (Germany), HTL-STREFA S.A. (Poland), Terumo Corporation (Japan), Artsana S.p.a (Italy), Owen Mumford Ltd. (U.K.), Allison Medical, Inc. (U.S.), and UltiMed, Inc. (U.S.)…..Read More

New Trends of Needles Market During 2017-22

This report studies the global Needles Market over the forecast period of 2017 to 2022. Key factors such growing geriatric population, increasing number of hospitals in emerging markets, and high prevalence of chronic diseases is the major factors driving the growth of the Needles Market across the globe.


Browse 92 market data tables and 46 figures spread through 167 pages and in-depth TOC on Needles Market


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By type, the conventional needles segment is expected to hold the largest market share in 2017

Pen Needles Market- Opportunity Analysis Competitive Landscape

Pen needles are used to inject medication (most commonly to inject insulin in diabetic patients). Pen needles offer various advantages over conventional needle and syringe device such as they aid in self-administration of the medication and do not require expertise. Pen needles are screwed to injection pens through plastic hub and has the required quantity of medication in it. This gets injected through the pen. There are different sizes of pen needle available depending upon the length and gauge. Different length available are 4mm, 5mm, 6mm, 8mm, 10 mm, and 12mm. Gauge size decides the thickness of pen needle, higher the gauge number, lesser is the thickness. Various gauges with pen needles are 29G, 30G, 31G and 32G. Most advanced pen needles are ultra-fine needles, which are painless and reaches optimally in subcutaneous layer beneath skin, whereas larger size needles such as 8mm and 12 mm may have risk to reach intramuscular layer beneath skin if not inserted properly.

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