North American Injection Pen Market Size, Competitive Analysis, Share, Forecast- 2020-2026

The North American injection pen market is projected to grow at a CAGR of 6.2% during the forecast period (2020-2026). The market growth in North America is attributed to the rising incidences of various diseases such as autoimmune disorders, hormonal disorders, and several other diseases. The changing eating habits, sedentary lifestyle, and obesity problems are some of the major factors causing these diseases amongst the people in the region.
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Owing to increase incidences of diseases due to obesity problems, there is a significant demand for treatment options across the region. For instance, in the region, the prevalence of diabetes is approximately 13.3% of the total adult population which is expected to increase in the near future. Hence, for an increased number of patient pools, there is likely to be an increase in the demand for insulin pens, which in turn, will drive the growth of the market.
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The North American injection pen market is segmented on the basis of type, and disorder type. Based on the type, the market is bifurcated into reusable and disposable. Most of the injectors available today are reusable as these require the replacement of only needles and cartridges. In addition, these can be used for a longer time, which makes them cost-effective. Based on the disorder type, the market is segmented into autoimmune disease, hormonal disorders, orphan disease, and others. The autoimmune disorder which includes diabetes and arthritis is a major application for an injection pen.
Geographically, the North American injection pen market is segmented into the US and Canada. The US is anticipated to dominate the market and will continue this trend over the forecast period. Further, Eli Lily & Co., Pfizer Inc., Becton, Dickinson & Co., AstraZeneca Plc, and Novo Nordisk A/S are some of the prominent players operating in the North American injection pen market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Market Segmentation
North America Injection Pen Market by Type
• Reusable
• Disposable
North America Injection Pen Market by Disorder Type
• Autoimmune Disorders
• Hormonal Disorders
• Orphan Diseases
• Others
Regional Analysis
• US
• Canada
Company Profiles
AstraZeneca Plc
• Overview
• AstraZeneca Plc in North America
• AstraZeneca Plc in Injection Pen
• Recent Developments
• Becton, Dickinson & Co.
• Copernicus
• Eli Lilly and Co.
• F. Hoffmann-La Roche Ltd.
• Gerresheimer AG
• GlaxoSmithKline Plc
• Novartis International AG
• Novo Nordisk A/S
• Pfizer Inc.

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