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Driving Diabetes Pen Market Growth in 2025: The Role of Diabetes Fuels Surge In Demand For Diabetes Pens

07-25-2025 09:12 AM CET | Health & Medicine

Press release from: The Business Research Company

Diabetes Pen

Diabetes Pen

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Diabetes Pen Market Size Growth Forecast: What to Expect by 2025?
In recent times, the diabetes pen market size has seen considerable growth. The market is set to increase from $29.24 billion in 2024 to $31.22 billion in 2025, yielding a compound annual growth rate (CAGR) of 6.8%. The expansion in the historic period is a result of the efficient management of limited water resources, the ageing of water infrastructure, a growing demand for high-quality water services, an increased requirement for smart water solutions, and the improvement of operational efficiency.

How Will the Diabetes Pen Market Size Evolve and Grow by 2029?
In the coming years, the diabetes pen market is predicted to experience significant expansion. The market size is projected to reach $40.17 billion by 2029, with a 6.5% compound annual growth rate (CAGR). The predicated progression during the forecast period can be associated with factors such as a rising population and urbanization, escalating water pollution and contamination, the requirement for enhanced resource management, the necessity for precise and instantaneous water data, and a growing demand for water reprocessing and recycling. Key forecasted trends include the progression in digital technology like Artificial Intelligence and Machine Learning, the growing acceptance of the Internet of Things and cloud computing, the urgent need to tackle water-related issues, increased investments in water infrastructure, and the accelerating digital transformation in the utility sector.

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What Drivers Are Propelling the Growth of Diabetes Pen Market Forward?
The escalating global incidence of diabetes is predicted to drive the expansion of the diabetes pen market. Diabetes is a cluster of long-term metabolic ailments characterized by high blood sugar levels, also known as hyperglycemia. Diabetes pens, a form of insulin administration device, offer more precise dosing, improved adherence, and reduced risk of hypoglycemia. The pens also incur less pain at the injection site and are favored by individuals living with diabetes who require insulin. For example, the American Diabetes Association, a professional organization based in the US, revealed in May 2023 that the age-adjusted prevalence of Impaired Glucose Tolerance (IGT) in adults aged between 20 and 79 years globally was 9.1% (464 million) in 2021. This number is expected to rise to 10.0% (638 million) by 2045. As such, the rising incidence of diabetes around the globe is fuelling the diabetes pen market's growth.

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Which Emerging Trends Are Transforming the Diabetes Pen Market in 2025?
Leading enterprises in the diabetes pen market are directing their strategies towards inventing new products, such as nearly painless injections, to improve the user experience. A nearly painless injection is a new method of injection designed to alleviate discomfort during medication administration. Its principal aim is to increase patient comfort, which will enable individuals to handle their insulin administration more effortlessly, without pain or unease. As an example, in May 2022, Roche AG, a Swiss medical equipment company, introduced the ACCU-FINE pen needles. These are aimed at enhancing the insulin delivery experience for users. These needles are designed to offer a nearly painless injection, thus fostering better adherence and improved health outcomes for those with diabetes.

What Are the Key Segments in the Diabetes Pen Market?
The diabetes pen market covered in this report is segmented -

1) By Product: Insulin Pens, Pen Needles
2) By Usage: Reusable Injection Pens, Disposable Injection Pens
3) By Therapy: Insulin, Glucagon-like Peptide-1, Growth Hormones, Fertility, Osteoporosis
4) By Distribution Channel: Retail Pharmacies, Online Medical Stores, Diabetes Clinics

Subsegments:
1) By Insulin Pens: Pre-Filled Insulin Pens, Disposable Insulin Pens, Reusable Insulin Pens
2) By Pen Needles: Standard Pen Needles, Safety Pen Needles, Specialty Pen Needles

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Who Are the Key Players Shaping the Diabetes Pen Market's Competitive Landscape?
Major companies operating in the diabetes pen market report are F. Hoffman La Roche AG, Sanofi S.A., Astra Zeneca PLC, Fujitsu Limited, Eli Lilly and Company, Bayer Cropscience Ltd., Ericsson, Novo Nordisk A/S, BD, Bristol-Myers Squibb, Teruma Medical Corporation, Smiths Group plc., Greinier Bio One International GmBH (U.S.), YPSOMED, Owen Mumford Ltd., WOCKHARDT, Nipro Europe Group Companies, Biocon, Copernicus, Mannkind Corporation, Jiangsu Delfu medical device Co., HTL-STREFA Inc., DeepSig, Injex UK Ltd.

What Geographic Markets Are Powering Growth in the Diabetes Pen Market?
North America was the largest region in the diabetes pen market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the diabetes pen market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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