Insulin Pen Needles Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2027 | BD,Novo Nordisk,Artsana,B. Braun,Terumo,Ypsomed,Owen Mumford

In the context of the global COVID19 outbreak, the “Insulin Pen Needles market” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, the impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.

“The Insulin Pen Needles Market is predicted to register a CAGR of 11.9% over the forecast period 2021 – 2027.”

Key Competitors of the Insulin Pen Needles market is:

BD,Novo Nordisk,Artsana,B. Braun,Terumo,Ypsomed,Owen Mumford,HTL-Strefa,Beipu,Kangdelai,Ulticare,Allison Medical,Dongbao

Recent Development:

In February 2021, Ulticare safety pen needles are launched in two sizes, 5mm 30G and 8mm 30 G launched by UltiMed Inc. (US).
Novo Nordisk A/S (Denmark) holds the second position in 2020. The company’s Diabetes Care segment, which offers safety pen needles (NovoFine Auto cover) and standard pen needles (NovoFine Plus and NovoTwist), is its largest and fastest-growing business. As a significant volume of Novo Nordisk’s insulins is used in injectable devices, the company is witnessing a surge in the sale of its insulin pens and supplies, including pen needles. The company has distribution and production facilities in more than 75 countries and markets its products in more than 180 countries. In addition, Novo Nordisk has strategically placed its facilities in five countries across four continents. To build a sustainable market position, the company offers a dedicated program named “Defeat Diabetes,” with new long-term ambitions in areas critical to helping improve individual and public health.
Ypsomed Holding AG (Switzerland) held the third position in the global pen needles market. The company is a provider of insulin pumps and customized injection systems for biotechnology and pharmaceutical companies focused on diabetes, growth disturbances, infertility, and other therapeutic areas. Ypsomed is one of the world’s largest manufacturers of pen needles. The pen needles offered by the company are available in different lengths and fit in all injection pens. 

Get a Sample Link of this Report:

https://www.marketintelligencedata.com/reports/528946/global-insulin-pen-needles-sales-market-report-2021/inquiry?mode=rukaiyya

Market Overview:

Insulin pens are the most efficient and safest way to deliver insulin. With rising consumer awareness, the insulin pen needles are gaining popularity and expanding the market worldwide. The employment of pen needles especially in insulin delivery is increasing as it is highly beneficial and convenient, can be used anywhere due to its simplicity and is self-administered, while maintaining dosage accuracy. The market is expected to grow significantly due to the rising prevalence of diabetes and other chronic diseases. According to the Center for Disease Control (CDC), 11.9% of the U.S. population is suffering from diabetes which is increasing at 0.7% each year, however, 83.2% are diagnosed and the rest are undiagnosed. The major risk associated with diabetes is the rising mortality rate. Increasing reimbursements in developing countries also favour the growth of this market.

Major Types covered are:

Standard Insulin Pen Needles
Safety Insulin Pen Needles

Major Applications covered are:

Home Use
Medical Institutions
Others

To Get Report Link:

https://www.marketintelligencedata.com/reports/528946/global-insulin-pen-needles-sales-market-report-2021?mode=rukaiyya

We will get in touch with you within 24hrs and help you find the research reports and Additional Customization you need.

Rising Patient Pool of Diabetes in the U.S. to Help North America Lead

North America is projected to dominate the global insulin pen needles market. Rising cases of diabetes in the region are the major factor responsible for the steady growth. For instance, as per the National Diabetes Statistics Report, 2020, the number of patients with diabetes in the U.S. has reached 34.2 million.

The European insulin pen needles market is estimated to grow substantially in the forecast period. The rising geriatric population is one of the major factors driving the growth in the region. In addition, increasing awareness regarding insulin pens is anticipated to further strengthen this growth.

Regional market Insulin Pen Needles (regional production, demand and forecast by country):

North America (United States, Canada, Mexico)

South America (Brazil, Argentina, Ecuador, Chile)

Asia Pacific (China, Japan, India, Korea)

Europe (Germany, UK, France, Italy)

Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.

Buy Report Here:

https://www.marketintelligencedata.com/report/purchase/528946?mode=su?mode=rukaiyya

Report Features:

To project the worth and sales volume of the Insulin Pen Needles market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global Insulin Pen Needles market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the Insulin Pen Needles market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).

We conjointly supply customizations in reports supported specific client requirements:

The Global Insulin Pen Needles Market report is also changed to satisfy your specific business wants. As a result of we tend to perceive what our purchasers need, we provide the twenty-fifth customization for any of our middle reports at no further value to any or all or any of our purchasers.

Please contact our sales skilled (sales@marketintelligencedata.com ), we'll make sure you get the report that works for your wants.

About Us:

Market intelligence data could also be a worldwide front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in developing commercial enterprise plans and reaching long-time period achievement of their respective marketplaces through the organization. The enterprise offers consulting services, Market Intelligence Data studies, and customized studies reports.

Contact Us:

Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA

Phone: +1 (704) 266-3234

Mail to: sales@marketintelligencedata.com

This release was published on openPR.