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Pen Needles Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
and India Pen Needles Market SizeThe global Pen Needles revenue was US$ 1842 million in 2022 and is forecast to a readjusted size of US$ 2567.5 million by 2029 with a CAGR of 4.8% during the forecast period (2023-2029).
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and India Pen Needles Market
Pen needles are used in conjunction with injection pens to deliver injectable medications into the body. Pen needles come in a variety of needle lengths and diameters and are used by both health professionals and patients for injection of a variety of medications.
In India, the Pen Needles revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
Global Pen Needles key players include BD, Novo Nordisk, Artsana, B. Braun, Terumo, etc. Global top five players hold a share about 75%.
North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific, having a total share about 50 percent.
In terms of product, Standard Pen Needles is the largest segment, with a share about 95%. And in terms of application, the largest application is Home Use, followed by Medical Institutions, etc.
This report focuses on global and India Pen Needles market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Pen Needles will continue to grow rapidly in the future.
Global Pen Needles Scope and Market Size
Pen Needles market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Pen Needles market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the Pen Needles market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
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Segment by Type
• Standard Pen Needles
• Safety Pen Needles
Segment by Application
• Home Use
• Medical Institutions
• Others
By Company
BD, Novo Nordisk, Artsana, B. Braun, Terumo, Ypsomed, Owen Mumford, HTL-Strefa, Beipu, Kangdelai, Ulticare, Allison Medical
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