Pen Needles Market Outlook 2017 to 2024 – Global Industry Growth Analysis

Global Pen Needles Market, By Product Type (Standard Pen Needles, Safety Pen Needles), By Product Length (Nano Length, Medium Length, Long length), By Usability (Reusable Pen Needles, Disposable Pen Needles), By Application (Diabetes, Growth Hormone Deficiency, Others), By Therapy (Insulin, Glucagon-like peptide-1, Growth Hormones), By End-User (Hospitals, Clinics, OTC, Home Healthcare, Others), By Geography (North America, Europe, Asia-Pacific, Latin America, Rest of the World) – Industry Trends and Forecast to 2024

The global pen needles market has accounted for USD 1.9 billion in 2016, and is expected to reach USD 4.5 billion by 2024 growing at a CAGR of 11.6% in the forecast period of 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The Global Pen Needles Market is segmented into product type, product length, usability, application, therapy, and end-user and by geography.

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Based on product type the Global Pen Needles Market is segmented into standard and safety pen needles.

On the basis of usability the Global Pen Needles Market is segmented into disposable and reusable pen needles.

Based on Product Length the market is segmented into Nano length, medium length, and long length.

On the basis of application the global pen needles market is segmented into 3 indications diabetes, growth hormone deficiency and others.

Based on End-User the market is segmented into hospitals, clinics, OTC, home healthcare, others.

Based on the drug therapy the pen needles market is segmented into insulin, glucagon-like peptide-1 and growth hormones.

Based on geography the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and rest of the world. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. Asia-Pacific is expected to grow at the highest CAGR of 13.7% spear headed by growth of China and India.

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The key players operating in this market are Becton, Dickinson and Company, ADW Diabetes, Novo Nordisk, A.Menarini Diagnostics, Ulticare, Ypsomed Holding AG, Facet Technologies, B. Braun Melsungen AG, Shanghai Neo-Medical Co. Ltd, HTL-Strefa S.A., Frank Healthcare Co., Ltd, Stat Medical Devices, Inc., Terumo Corporation, Domrex Pharma Inc., Vogt Medical Vertrieb GmbH, ArtsanaS.p.a, Eli Lilly, Owen Mumford Ltd, KD Medical GmbH Hospital Products, Allison Medical, Inc., Digital Medics Pty Ltd, and Ultimed, Inc. among others.

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