Press release
Injection Pen Market is Projected to Rise by USD 68.0 billion – Global Forecast to 2025 | Top Key Companies - BambooHR, Gusto, Zenefits, Fairsail HRMS
Injection Pen Market
Injection Pen Market valued approximately USD 33.0 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period. Globally the Injection Pen Market projected to reach USD 68.0 billion by 2025.
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The method of inserting drugs in your body is changing day by day. The drug delivery industry is readily shifting from conventional methods towards the more convenient methods such as injectable pens and drug delivery pumps owing to their various benefits. The conventional disposable devices have a fixed life. However, injectable pens and drug delivery pumps have a feature of loading cartridges & needles from time to time which is different from traditional method and is resulting into higher demand from end-user industries.
The injectable pens and drug delivery pumps are also cost-effective. Further, the convenience & ease of usage of injection Pen are boosting the market demand. The biotechnology and pharmaceutical industries are adopting the modern method of inserting drugs. The major market players aim to introduce the revolutionary ways of drug delivery system which is targeted toward the end user ease such as less maintenance, higher volume, and thinner needles.
Based on the product segment, the market is divided into disposable, reusable and others. Among these, the reusable injector segment has the largest share in the market. Companies such as Novo Nordisk A/S & Eli Lilly are the main driver of the reusable market.
Among the all, the diabetes segment dominated the market owing to high demand for safer insulin delivery devices provided by many companies. This segment has also witnessed tremendous growth because of the major technological advancement in the sector.
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Segments and sub-segments by:
Key Players:
1 Owen Mumford Ltd
2 Eli Lilly And Company
3 GlaxoSmithKline plc
4 Mylan N.V
5 Astra Zeneca
6 Novo Nordisk A/S
7 Novartis AG and more...
Regions:
1 North America Country (United States, Canada)
2 Latin America (Brazil, Mexico)
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Applications:
1 Diabetes
2 Insulin
3 Non- Insulin
4 Anaphylaxis
5 Osteoporosis
6 Growth hormone deficiency
7 Arthritis
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Key questions answered in the report include:
1 What are the key factors driving the global Injection Pen market?
2 What are the key market trends impacting the growth of the global Injection Pen market?
3 Who are the key vendors in the global Injection Pen market?
4 What are the market opportunities and threats faced by the vendors in the global Injection Pen market?
5 What are the key outcomes of the five forces analysis of the global Injection Pen market?
6 What are the challenges to market growth?
Table of Content:
1 Global INJECTION PEN Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Injection Pen Market Dynamics
5 Global Injection Pen Market, By Type
6 Global Injection Pen Market, By Insulation Material
7 Global Injection Pen Market, By Component
8 Global Injection Pen Market, By End-Use
9 Global Injection Pen Market, by Regional Analysis
10 Competitive Intelligence
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