Pen Needles Market Outlook to 2024: Top Companies are Domrex Pharma Inc, Terumo Corporation, Frank Healthcare Co., Ltd, B. Braun Melsungen, Ypsomed Holding, A.Menarini Diagnostics Ltd, Novo Nordisk, Becton Dickinson

The forecast period 2018-2024 is going to be great for the Pen Needles Market which will be the face changer for Pharmaceutical industry. The users are increasing day by day hence increasing the sales, import, export, revenue and CAGR values. The SWOT analysis shows what the market drivers and restrains are for the Pen Needles Market .

The report also provides with a deep explanation on what the market definition, classifications, applications, and engagements are. By making it clear on how the key players and brands are moving in terms of their sales, import, export and revenue and what their actions are in terms of their recent product launches, their researches, their joint ventures, merges, and accusations.

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

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Definition of Global Pen Needles Market:

Insulin pens are the easiest and safest way to deliver insulin. Insulin pens are basically used with pen needles, which are gaining popularity every day over conventional insulin delivery methods. The usage of pen needles in insulin delivery is increasing owing to its benefits such as more convenient as can be used while travelling, easier to use and can be handled by any one, dosage given is more accurate, pain free and better discretion. The global pen needles market is expected to grow significantly owing to rising prevalence of diabetes and other chronic diseases. There is a shortage of trained professionals in developed countries which is encouraging patients to use self-use products such as pen needles.

Market Analysis:

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.

Report Segmentation:

The global pen needles market is segmented into product type, product length, usability, application, therapy, end-user, and geography.

Based on product type:

• Standard
• Safety Pen Needles

On the basis of usability:

• Disposable
• Reusable Pen Needles

Based on product length:

• Nano Length
• Medium Length
• Long Length

On the basis of application:

• Diabetes
• Growth Hormone Deficiency
• Others

Based on end-user:

• Hospitals
• Clinics
• OTC
• Home Healthcare
• Others

Based on the drug therapy:

• Insulin
• Glucagon-Like Peptide-1
• Growth Hormones

Based on geography:

• North America
• Europe
• Asia-Pacific
• South America
• Rest of the world

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Top Companies Mentioned:

• 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
• Artsana S.p.a
• Eli Lilly
• Owen Mumford Ltd
• KD Medical GmbH Hospital Products
• Allison Medical, Inc.
• Digital Medics Pty Ltd
• Ultimed, Inc.
• Among others.

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