openPR Logo
Press release

Pen Needles Market- Opportunity Analysis Competitive Landscape

06-18-2018 03:54 PM CET | Health & Medicine

Press release from: Medical Device

Pen Needles Market- Opportunity Analysis Competitive

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.

Get The Holistic SAMPLE With Research Methodology:

https://www.coherentmarketinsights.com/insight/request-sample/1612

Pen Needles Market- Market Dynamics

Rising prevalence of diabetes is one of the major drivers for growth of the pen needles market. According to the International Diabetes Federation’s (IDF) Diabetes Atlas 2017, around 425 million patients were suffering from diabetes worldwide by end of 2017. By 2045, this figure is expected to reach around 629 million. Moreover, over 40% people are still undiagnosed with diabetes especially in regions such as Asia Pacific and Middle East and some part of North Africa. Some of these patients require insulin therapy, which in turn would propel growth of the market for pen needles. Diabetes is one of the top three cause of death from non-communicable disease as per World Health Organization (WHO) 2012 factsheet. The average patient with type-2 diabetes injects around 60,000 units over a period of 10-12 years of insulin treatment. Increasing geriatric population is expected to be another driver for pen needles market growth as older people need insulin therapy more often due to suppressed pancreatic activity with aging. As per current IDF estimation, there were 98 million diabetic people in 2017 over the age of 65 years, which is expected to rise to 191 million by 2045.

Click To Continue Reading On :

https://www.coherentmarketinsights.com/ongoing-insight/pen-needles-market-1612

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr.Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com

Visit our news Website: https://www.coherenttimes.org

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pen Needles Market- Opportunity Analysis Competitive Landscape here

News-ID: 1086972 • Views: 154

More Releases from Medical Device

Body Contouring Devices Market Applications,Types And Major Companies Cynosure, …
Coherent Market Insights has announced the addition of the “Body Contouring Devices Market Size Status and Forecast 2026”, The report classifies the global Body Contouring Devices Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Body Contouring Devices Market Speaker market, analyzes and researches the Body Contouring Devices Market Speaker development status and forecast
Electronic Health Record (EHR) Systems Market 2018: Record Overwhelming Hike in …
Coherent Market Insights has announced the addition of the “ Electronic Health Record Systems Market Size Status and Forecast 2026”, The report classifies the global Electronic Health Record Systems Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Electronic Health Record Systems Market Speaker market, analyzes and researches the Electronic Health Record Systems Market
New Developments with Operational Updates In Light Therapy Market And Key Compan …
Light therapy causes photo-oxidation and thus a primary treatment method for neonatal jaundice, eczema, and psoriasis. Narrow band ultraviolet (UVB) and broad band UVB phototherapy are issued for treatment of skin disorders. Increasing applications, favorable reimbursement policies, and insurance for such treatments is expected to boost demand for the light therapy. Treatment of acne by using LED light is gaining popularity, owing to various benefits such as cellular rejuvenation and
Global Anti-decubitus Dynamic Mattresses Market Dynamics
Increasing traffic accidents and trauma cases around the globe is one of the major factors propelling growth of the anti-decubitus dynamic mattresses market. For instance, according to World Health Organization 2018 key facts, 90% of the world's casualties on the roads occur in middle and lower income countries and each year 1.25 million people die due to road accidents. Report also showed that people aged between 15 and 44 years

All 5 Releases


More Releases for Pen

Global Pen Drive Sales Market Report
This report studies the global Pen Drive market status and forecast, categorizes the global Pen Drive market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America). The global Pen Drive market is valued at million US$ in 2017 and will reach
Global Pen Needles Market Research Report
This report studies the global Pen Needles market status and forecast, categorizes the global Pen Needles market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Medtronic BD Medical Boston Scientific Smith Medical Argon Medical Devices Novo Nordisk Terumo Corporation NIPRO Medical B.
Global Insulin Pen Market Research Report
This report studies the global Insulin Pen market status and forecast, categorizes the global Insulin Pen market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Novo Nordisk Sanofi Diabetes Medtronic BD Animas Roche Insulet Bomtech BioSampling Cardiocomm Solutions Henke-Sass Kavo Megasan Medical
Detectamet Fully Detectable Pen Refill
Refilling your Detectamet pen housing is cost effective, kinder on the environment and now safer than ever. Through significant innovation and development, Detectamet are proud to introduce the latest evolution in refills, further minimising the risk of foreign body contamination. Fully detectable casing & tip EU & FDA Compliant – Food contact safe. Cost effective and kinder to the environment. Blue & black standard inks available with red & green to follow. Will replace
Disposable Insulin Pen Market – Trends,2025
Insulin is a crucial compound for the management of diabetes, both type 1 and type 2; however, it is more commonly used for the management of type 2 diabetes. Insulin pen device is a fairly new innovation and was first introduced over 20 years ago. It has evolved to offer significant advantages as compared to the vial and syringe. The pens come in two forms - disposable and reusable. Disposable
Cosmetic Pencil & Pen Packaging Market | MarketResearchReports.biz
Latest industry research report on: Cosmetic Pencil & Pen Packaging Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Asia Pacific to foster the global cosmetic pencil and pen packaging market growth The global cosmetic pencil and pen packaging market is expected to surge in the years to come. In 2015 the global cosmetic pencil and pen packaging market was valued more than US$ 1,604.6 Mn and