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European Injection Pen Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

11-10-2023 02:45 PM CET | Health & Medicine

Press release from: Orion Market Research

European Injection Pen Market Share, Trends, Future Outlook,

The European injection pen market is anticipated to grow at a CAGR of 7.4% over the forecast period. The key factors that drive the growth of the market in the region include easy availability of these devices in the region owing to the presence of key players such as Sanofi SA, Novo Nordisk AS, F. Hoffmann-La Roche Ltd. among many others which are pioneers in innovation, design, and manufacture of the injection pen.

Some of the instances of the injection pen provided by the companies include the AllStar Pro pen injector which is a reusable pen injector for the drug delivery to the patient. Further, Novo Nordisk's NovoPen 6 and NovoPen Echo Plus are connected pens are reusable and include a tiny screen that displays the last dose that is approved in Europe (CE marked) for the use. Hence, this is likely to drive the growth of the European injection pen industry over the forecast period.

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The major countries of Europe including the UK, France, Germany, Italy, Spain, and the Rest of Europe support the market growth. Increasing cases of diabetes in these countries has more individuals taking insulin, which could also be self-taken using an insulin pen. As per the Diabetes UK, in 2019, there were almost 3.7 million people who were diagnosed with diabetes in the country; IDF recorded more than 3 million cases of diabetes in France in 2019; as per a 2019 report by the German Diabetes Center (DDZ), more than 7.2% of the population in Germany suffer from diabetes. Thus, this creates a scope for market growth in the major economies of Europe over the forecast period.

Europe Injection Pen Market - Segmentation

By Type

Reusable
Disposable

By Disorder Type

Autoimmune Disorders
Hormonal Disorders
Orphan Diseases
Others

Europe Injection Pen Market - Countries Covered

UK
Germany
France
Italy
Rest of Europe

A full report of European Injection Pen Market is available at: https://www.omrglobal.com/industry-reports/european-injection-pen-market

European Injection Pen Market- Segment by Region

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Company Profiles

AstraZeneca Plc
Bayer AG
Biocorp Production SA
Eli Lilly and Co.
Hoffmann-La Roche Ltd.
Gerresheimer AG
GlaxoSmithKline Plc
Haselmeier GmbH
Merck KGaA
Mylan N.V.
Novartis International AG
Novo Nordisk A/S
Owen Mumford Ltd.
Sanofi SA

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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