Pen Needles Market Survey Report 2023 Along with Statistics, Forecasts till 2030 - BectonDickinson and Company (US), Novo Nordisk A/S (Denmark), Ypsomed Holding AG (Switzerland), Braun Melsungen AG (Germany), Owen Mumford (UK)

The report is designed to provide a holistic view of the Pen Needles Market market 2023 to 2030. Several vital aspects are discussed in this Pen Needles Market report in terms of growing business and resulting market revenues. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Business players can easily make a gainful decision by understanding the data provided in this report and represented using graphs and tables. Leading segments, market share, market drivers, trend analysis, and regional analysis covering major regions such as Europe, North America, Middle East, Africa, Asia Pacific, and Latin America are also provided to the reader.

The Global Pen Needles Market size was valued at USD 2.7 Billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030.

𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁:

BectonDickinson and Company (US), Novo Nordisk A/S (Denmark), Ypsomed Holding AG (Switzerland), Braun Melsungen AG (Germany), Owen Mumford (UK), Terumo Corporation (Japan), Nipro Corporation (Japan), Allison Medical (US), AdvaCare Pharma (US), Berpu Medical Technology (China), ARKRAY (Japan), GlucoRx (UK), HTL-STREFA (Poland), UltiMed(US), Hindustan Syringes and Medical Devices (India), Artsana Group (Italy), PromiseMed Diabetes Care (Canada), Montmed (Canada), Trividia Health (US), VOGT Medical Vertrieb (Germany), Van Heek Medical (Netherlands), Simple Diagnostics (US), Iyon (Turkey), Links Medical Products (US), MHC Medical Products (US)

𝗚𝗲𝘁 𝗔 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗣𝗗𝗙 𝗖𝗼𝗽𝘆 𝗢𝗳 𝗧𝗵𝗲 𝗟𝗮𝘁𝗲𝘀𝘁 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗢𝗻 𝗧𝗵𝗲 𝗣𝗲𝗻 𝗡𝗲𝗲𝗱𝗹𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 2023 𝗕𝗲𝗳𝗼𝗿𝗲 𝗧𝗵𝗲 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲@

https://www.contrivedatuminsights.com/request-sample/248406/

𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

Injectable medications are administered utilizing pen instruments and injection pens. The injection pens, which are available in various lengths and diameters, are connected to a hollow needle via a plastic center. Traditional drug administration involves a vial and syringe, but you can also use an injection pen and pen needle. During the forecast period, the global market for pen needles is anticipated to expand. This is because more individuals are falling ill, particularly with diabetes and other illnesses.

As the number of persons with diabetes rises, demand for pen needles increases. According to the International Diabetes Federation (IDF), 642 million persons will have diabetes by 2040. In the coming years, the target market is anticipated to expand as more people develop diabetes. Diabetes patients frequently use these products to inject insulin or other injectable medications. Overweight individuals are more prone to develop diabetes.

𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗡𝗲𝘄𝘀

In February 2021, Ulticare safety pen needles are launched in two sizes, 5mm 30G and 8mm 30 G launched by UltiMed Inc. (US).

In October 2020, Arkray Inc. (Japan) launched TechLITE Pen Needles which are now indicated for use with pen injector devices for the subcutaneous injection of drugs in the US.

In January 2019, Becton, Dickinson and Company (US) launched Second Generation Standard Pen Needles.

In August 2018, Arkray Inc. (Japan) launched Assure ID safety pen needles.

𝗧𝗵𝗲 𝗣𝗲𝗻 𝗡𝗲𝗲𝗱𝗹𝗲𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗻 𝗯𝗲 𝗱𝗶𝘃𝗶𝗱𝗲𝗱 𝗯𝗮𝘀𝗲𝗱 𝗼𝗻 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗧𝗵𝗶𝗿𝗱-𝗣𝗮𝗿𝘁𝘆 𝘂𝘀𝗮𝗴𝗲 𝗮𝗿𝗲𝗮, 𝗮𝗻𝗱 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝘁 𝗿𝗲𝗴𝗶𝗼𝗻𝘀

𝗕𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗧𝘆𝗽𝗲
Standard pen needles
Safety pen needles

𝗕𝘆 𝗟𝗲𝗻𝗴𝘁𝗵
4mm
5mm
6mm
8mm
10mm
12mm

𝗕𝘆 𝗧𝗵𝗲𝗿𝗮𝗽𝘆
Insulin therapy
Glucagon-like Peptide-1 (GLP-1) therapy
Growth hormone therapy
Other therapies

𝗕𝘆 𝗠𝗼𝗱𝗲 𝗢𝗳 𝗣𝘂𝗿𝗰𝗵𝗮𝘀𝗲
Retail
Non-Retail

(𝗘𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗢𝗳𝗳𝗲𝗿: 𝗙𝗹𝗮𝘁 20% 𝗱𝗶𝘀𝗰𝗼𝘂𝗻𝘁 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗿𝗲𝗽𝗼𝗿𝘁) 𝗕𝘂𝘆 𝗡𝗼𝘄@:

https://www.contrivedatuminsights.com/buy/248406/

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀

Europe had approximately 39% of the world's market revenue in 2021. This was because the malady in question was becoming more prevalent in Europe. The large market share is due to the abundance of patients and the expensive prices of the products. Patients are becoming more aware of advanced medical devices, and reimbursement policies are improving, resulting in an increase in their use in the region. Additionally, the demand is likely to increase as the population in the region becomes less active and heavier. In addition, the British government is investing in diabetes care and research to enhance the treatment of diabetic patients. During the forecast period, the Asia-Pacific region is anticipated to expand rapidly. The prevalence of diabetes, obesity, and other lifestyle-related diseases continues to rise.

𝗥𝗲𝗴𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝗕𝘆 𝘁𝗵𝗲 𝗣𝗲𝗻 𝗡𝗲𝗲𝗱𝗹𝗲𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗥𝗲𝗽𝗼𝗿𝘁 2023 𝘁𝗼 2030.

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)

The Total Addressable Market (TAM) For estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.

𝗦𝗶𝗴𝗻𝗶𝗳𝗶𝗰𝗮𝗻𝘁 𝗙𝗲𝗮𝘁𝘂𝗿𝗲𝘀 𝘁𝗵𝗮𝘁 𝗮𝗿𝗲 𝘂𝗻𝗱𝗲𝗿 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴 𝗮𝗻𝗱 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁𝘀:

-Detailed overview of the Pen Needles Market
-Changing the Pen Needles market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Pen Needles market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of the Pen Needles Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗣𝗲𝗻 𝗡𝗲𝗲𝗱𝗹𝗲𝘀 𝗺𝗮𝗿𝗸𝗲𝘁:

- What are the recent developments and government policies?
- What are the top trends in the Pen Needles market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Pen Needles market?
- Which region would offer high growth for vendors in the market?

𝗧𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗵𝗮𝘀 150 𝘁𝗮𝗯𝗹𝗲𝘀 𝗮𝗻𝗱 𝗳𝗶𝗴𝘂𝗿𝗲𝘀 𝗯𝗿𝗼𝘄𝘀𝗲 𝘁𝗵𝗲 𝗿𝗲𝗽𝗼𝗿𝘁 𝗱𝗲𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗧𝗢𝗖@

https://www.contrivedatuminsights.com/product-report/pen-needles-market-248406

Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.

𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗥𝗲𝗽𝗼𝗿𝘁

Smart Plug Market- https://www.globenewswire.com/news-release/2023/02/16/2610148/0/en/Smart-Plug-Market-Size-Worth-USD-9-24-Billion-by-2030-Growing-at-a-CAGR-of-26-1-during-the-forecast-period-2023-2030-Data-By-Contrive-Datum-Insights.html

Biotextiles Market- https://www.globenewswire.com/en/news-release/2023/01/11/2587292/0/en/Biotextiles-Market-to-Rise-at-a-CAGR-of-9-5-during-Forecast-Period-Data-by-Contrive-Datum-Insights.html

Contact Us@:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@conrivedatuminsights.com

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials in various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.