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Asia-Pacific Pen Needle Market Will Exhibit an Impressive Expansion by 2024-2031

05-24-2024 11:36 AM CET | Health & Medicine

Press release from: Orion Market Research

Asia-Pacific Pen Needle Market Will Exhibit an Impressive

The Asia-Pacific pen needle market is anticipated to grow at a CAGR of 9.4% during the forecast period. The rapidly increasing prevalence of diabetes is creating a substantial scope for the growth of the pen needle industry in the Asia-Pacific region over the forecast period. Highly populated countries such as India and China are experiencing a significant increase in the cases of diabetes where both, China and India hold 40.0% of the total world population share. For instance, According to the International Diabetes Federation (IDF), India had the second-highest cases of diabetes in 2019 which is around 77 million. Similarly, in 2019 China has an estimated 116 million adults that accounts for 10.9% of the population who have diabetes. Such high number of cases is expected to significantly influence the expansion of pen needle market across the region.

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Furthermore, the economies of Asia-Pacific, especially China, Japan, and India are engaging significantly in the development of innovative therapeutic and medical devices including pen needles. This will also provide new expansion opportunities to the market. Moreover, the increasing penetration of foreign players in the market is also aiding to the expansion of the pen needle market during the forecast period.

Asia-Pacific Pen Needle Market Report Segment

By Type

• Standard Pen Needles
• Safety Pen Needles

By Therapy

• Insulin
• GLP-1
• Growth Hormones

By Mode of Purchase

• Retail
• Non-Retail

Asia-Pacific Pen Needle Market Report- Countries Covered

• India
• China
• Japan
• Rest of Asia-Pacific

A full report of Asia-Pacific Pen Needle Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-pen-needle-market

Asia-Pacific Pen Needle Market- Segment by Region

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Company Profiles

• Braun Melsungen AG
• Becton, Dickson, and Co.
• Berpu Medical Technology Co., Ltd.
• Hindustan Syringes & Medical Devices Ltd.
• MedExel Co., Ltd.
• Mylife(Ypsomed India Private Ltd.)
• Nanchang YiLi Medical Instrument Co.
• Nipro Corp.,
• Novo Nordisk A/S

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.


Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

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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