openPR Logo
Press release

Pen Needles Market 2019-2028 : scope, Rising Demand, Share, Trends, Growth, Opportunities

02-07-2020 02:28 PM CET | Health & Medicine

Press release from: CRIFAX

Pen Needles Market 2019-2028 : scope, Rising Demand, Share,

CRIFAX added a report on 'Global Pen Needles Market, 2019-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the game. Additionally, recent trends, mergers and acquisitions, region-wise growth analysis along with challenges that are affecting the growth of the market are also stated in the report.

The growth of the global Pen Needles Market can be attributed to enhancement in healthcare services and better medical facilities around the world over the forecast period (2019-2028). Health spending in the United States is estimated to grow at an average of 5.5%, by reaching an estimated value of USD 6 trillion by 2027. This can be attributable to rising prices of healthcare products and services during the period. Healthcare expenditure comprises of three key sectors namely prescription drugs, hospital spending and physician and clinical services. Prescription drugs in the U.S. achieved an estimated growth rate of 3.3% in 2018 which is further expected to increase to 4.6% in 2019. On the other hand, spending on prescription drugs is estimated to rise by an average of 6.1% per year for the period (2020-2028).

Click to Download Sample Report: https://www.crifax.com/sample-request-1001337

Moreover, a rise in Medicare and Medicaid spending accompanied by rising wages and employment rates are anticipated to aid the growth of the market over the forecast period.

The rate of growth of Medicare services at an estimated rate of 5.9% in 2018, owing to high demand for Medicare services and is predicted to reach an estimated 7.1% in 2019. On the other hand, Medicaid spending achieved a lower growth rate of 2.2% in 2018 and is predicted to grow at 4.8% in 2019. The health sector held the second highest position holding 7.7% share in 2018, out of the worldwide growth of R&D sector. Globally, the number of persons employed grew from 2.5 million in 2008 to 3.5 million in 2017. On the other hand, in Europe region, the number of persons employed increased from 1 million in 2008 to 1.4 million in 2017. Additionally, the expenditure on private health insurance is anticipated to achieve 5.1% growth every year during the forecast period.

Click To Download Table of Contents Of This Report: https://www.crifax.com/request-toc-1001337

Furthermore, to provide better understanding of internal and external marketing factors, the multi-dimensional analytical tools such as SWOT and PESTEL analysis have been implemented in the globalPen Needles market report. Moreover, the report consists of market segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, Y-o-Y growth (%), Porter's five forces analysis, absolute $ opportunity and anticipated cost structure of the market.

Get more information on this report: https://www.crifax.com/reports/pen-needles-market/1001337

CRIFAX
Email: sales@crifax.com
U.K. Phone: +44 161 394 2021
U.S. Phone: +1 917 924 8284

About CRIFAX

CRIFAX is driven by integrity and commitment to its clients, and provides cutting-edge marketing research and consulting solutions with a step-by-step guide to accomplish their business prospects. With the help of our industry experts having hands on experience in their respective domains, we make sure that our industry enthusiasts understand all the business aspects relating to their projects, which further improves the consumer base and the size of their organization. We offer wide range of unique marketing research solutions ranging from customized and syndicated research reports to consulting services, out of which, we update our syndicated research reports annually to make sure that they are modified according to the latest and ever-changing technology and industry insights. This has helped us to carve a niche in delivering 'distinctive business services' that enhanced our global clients' trust in our insights, and helped us to outpace our competitors as well.

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 2019-2028 : scope, Rising Demand, Share, Trends, Growth, Opportunities here

News-ID: 1923741 • Views: 235

More Releases from CRIFAX

Europe Waste-to-Energy Plants Market Development Status, Emerging Technologies, …
About 45 percent of its energy are being produced in the European Union, while the rest of the energy which constitutes about 55 percent is being imported as of 2017. CRIFAX added a report on 'Europe Waste-to-Energy Plants Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of the
Europe Wastewater Treatment Plants Market Development Status Highlighted During …
About 45 percent of its energy are being produced in the European Union, while the rest of the energy which constitutes about 55 percent is being imported as of 2017. CRIFAX added a report on 'Europe Wastewater Treatment Plants Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of
Europe Liquefied Natural Gas Market 2020 Europe Size, Opportunities, Historical …
About 45 percent of its energy are being produced in the European Union, while the rest of the energy which constitutes about 55 percent is being imported as of 2017. CRIFAX added a report on 'Europe Liquefied Natural Gas Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead of
Europe Microbial Fuel Cells (MFC) Market Inclinations And Development Status Hig …
About 45 percent of its energy are being produced in the European Union, while the rest of the energy which constitutes about 55 percent is being imported as of 2017. CRIFAX added a report on 'Europe Microbial Fuel Cells (MFC) Market, 2020-2028' to its database of market research collaterals consisting of overall market scenario with prevalent and future growth prospects, among other growth strategies used by key players to stay ahead

All 5 Releases


More Releases for Pen

North America Pen Needles Market
Allied Market Research (USA, Oregon, Portland) Published Latest Report titled, ‘North America Pen Needles Market : Global Opportunity Analysis and Industry Forecast 2020-2027’. The North America Pen Needles Market is expected to witness growth in upcoming years due to factors such as increase in target patient population, which mostly includes patients suffering from cancer, tuberculosis and cardiovascular diseases. This market research study determines the increase in changes and the aspects which are
Pen Needles Market
The global pen needles market is forecast to reach USD 2.48 Billion by 2026, according to a new report by Reports and Data. Pen needles offer several advantages over conventional needle and syringe device. These devices aid in self-administration of the medication and does not require any expertise. These needles are screwed to injection pens via the plastic hub and have the prescribed quantity of medication in it, which gets
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