Global Insulin Pen Needles Market accounted for USD 1530 million in 2019 and is expected to reach around USD 2030 million globally by 2024, at a CAGR of 4.9% between 2019 and 2024

Insulin Pen needles are used in conjunction with injection pens to deliver injectable medications into the body. An insulin pen needle consists of a hollow needle which is embedded in a plastic hub and attaches to injection pens. Pen needles come in a variety of needle lengths and diameters and are used by both health professionals and patients for injection of a variety of medications. They are commonly used by people with diabetes who often require multiple daily insulin injections.

Insulin Pen Needles is widely used for Home and Medical Institutions. The most proportion of Insulin Pen Needles is for home use, and the proportion in 2016 is about 92%.

North America is the largest supplier of Insulin Pen Needles, with a production market share nearly 43.5% in 2016. Europe is the second largest supplier of Insulin Pen Needles Media, enjoying production market share nearly 38.7% in 2016.

The worldwide market for Insulin Pen Needles is expected to grow at a CAGR of roughly 4.9% over the next five years, will reach 2030 million US$ in 2024, from 1530 million US$ in 2019.

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Market Segment by Manufacturers, this report covers
BD
Novo Nordisk
Artsana
B. Braun
Terumo
Ypsomed
Owen Mumford
HTL-Strefa
Beipu
Kangdelai
Ulticare
Allison Medical
Dongbao

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Standard Insulin Pen Needles
Safety Insulin Pen Needles

Market Segment by Applications, can be divided into
Home Use
Medical Institutions
Others

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The Global Insulin Pen Needles Market 2019 is further emphasis on the basis of product pricing, Insulin Pen Needles production volume, data pertaining to demand and Insulin Pen Needles supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Insulin Pen Needles along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Insulin Pen Needles across the globe.

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