Top Trends in Injection Pen Market to 2023 - Report on Hormone Therapy, Osteoporosis and Fertility “Global Manufacturers, Industry Size, Applications, Opportunity and Forecast”

The report analyzes the injection pen market and aims at estimating the market size and future growth potential of this market based on various segments such as type, therapy, end user, and region. The report also includes competitive analysis of the key players in this market along with their company profiles, product and service offerings, recent developments, and key market strategies.

Access Brochure of Injection Pen Market spread across 136 Pages, Profiling 12 Companies and Supported with 82 Tables and 40 Figures is now available at https://www.reportsnreports.com/reports/1367552-injection-pen-market-by-type-disposable-and-reusable-pens-therapy-diabetes-insulin-glucagon-like-peptide-1-growth-hormone-therapy-osteoporosis-fertility-end-user-homecare-and-hospitals-and-region-gl-st-to-2022.html .

The global injection pen market is projected to reach USD 41.38 Billion by 2022 from USD 30.97 Billion in 2017 at a CAGR of 6.0% during the forecast period. The growth of this market is primarily driven by factors such as the growing prevalence of chronic diseases, increasing number of regulatory approvals, and favorable reimbursement in developed countries, and government support.

Global injection pen market is segmented into diabetes, growth hormone therapy, osteoporosis, fertility, and other therapies (such as multiple sclerosis, obesity, cardiovascular diseases, rheumatoid arthritis, and migraine). The diabetes segment is expected to grow at the highest CAGR during the forecast period.

Key Target Audience Covered in this report are Injection pen manufacturing companies, Original equipment manufacturing companies, Suppliers and distributors of injection pen, Healthcare service providers, Teaching hospitals and academic medical centers, Health insurance players, Government bodies/municipal corporations, Regulatory bodies, Medical research institutes, Business research and consulting service providers, Venture capitalists and Market research and consulting firms.

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North America is expected to witness the highest growth during 2017 to 2022. The highest growth rate of the North American market is attributed to the rising prevalence of diabetes in the US and Canada, a favorable reimbursement scenario, and the increasing number of awareness programs in that region.

The key players in the global injection pen market are Novo Nordisk (Denmark), Eli Lilly (US), and Sanofi (France), Merck (US), Ypsomed (Switzerland), AstraZeneca (UK), F.Hoffman-La Roche (Switzerland), Becton Dickinson and Company (US), Owen Mumford (UK), Novartis (Switzerland), Pfizer (US), and Haselmeier (Switzerland).

The high growth of this segment can be attributed to the large diabetic population across the globe and the favorable reimbursement scenario for diabetes treatments in developed countries.

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Injectable pens can be used for the prevention, treatment, and management of various diseases. Based on application, the injectable pens market is segmented into diabetes, anaphylaxis, osteoporosis, growth hormone deficiency, and arthritis. The diabetes segment dominated the market owing to high demand for safer insulin delivery devices.

North America captured the largest injectable pen market share, followed by Europe. Increasing incidence of diabetes and growing obese population is contributing toward market growth. Obesity is one of the major causes of diseases such as diabetes, osteoporosis, and arthritis.

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