Insulin Pen Needle Research: CAGR of 6.6% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report "Insulin Pen Needles- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Insulin Pen Needles was estimated to be worth US$ 1178 million in 2024 and is forecast to a readjusted size of US$ 1799 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.

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Insulin Pen Needle Market Summary

An insulin pen needle is a small, disposable medical device designed to deliver insulin from an insulin pen into the subcutaneous tissue. It consists of a short, thin needle attached to a plastic hub that screws or clicks onto the insulin pen. The needle allows for accurate and minimally painful insulin injections, and is available in various lengths and gauges to accommodate individual patient needs and preferences.

Insulin pen needles are used by individuals with diabetes who require insulin therapy to manage their blood glucose levels. These needles are intended for single use only to maintain hygiene and reduce the risk of infection, lipohypertrophy, or tissue damage. They are compatible with most commercially available insulin pens and play a critical role in ensuring safe, effective, and convenient insulin administration in both clinical and home settings.

The global insulin pen needle market is primarily driven by the rising prevalence of diabetes, fueled by aging populations, sedentary lifestyles, and unhealthy dietary habits. As insulin therapy remains a cornerstone of diabetes management, the demand for user-friendly, less painful, and more precise delivery methods like insulin pen needles continues to grow. Technological advancements have led to the development of ultra-thin, shorter needles that improve patient comfort and compliance. Additionally, increased awareness of diabetes management, the shift toward self-administration of insulin at home, and the expansion of healthcare infrastructure in developing countries further support market growth.

Despite its growth potential, the insulin pen needle market faces several challenges. One major concern is the high cost of branded needles, which can limit access for patients in low-income regions and result in reuse of single-use needles-posing health risks. Furthermore, market saturation in developed countries and pricing pressures from generic alternatives create intense competition for established manufacturers. Regulatory requirements related to safety, sterility, and biocompatibility also pose entry barriers for new players. Lastly, patient education and adherence remain critical issues, as improper injection techniques or needle reuse can compromise treatment outcomes.

According to the new market research report "Global Insulin Pen Needle Market Report 2025-2031", published by QYResearch, the global Insulin Pen Needle market size is projected to reach USD 1.8 billion by 2031, at a CAGR of 6.6% during the forecast period.

Figure00001. Global Insulin Pen Needle Market Size (US$ Million), 2020-2031

Insulin Pen Needle

Above data is based on report from QYResearch: Global Insulin Pen Needle Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Insulin Pen Needle Top 15 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Insulin Pen Needle

Above data is based on report from QYResearch: Global Insulin Pen Needle Market Report 2025-2031 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Insulin Pen Needle include Embecta, MTD Group, Novo Nordisk, Terumo, B. Braun, etc. In 2024, the global top five players had a share approximately 84.0% in terms of revenue.

Figure00003. Insulin Pen Needle, Global Market Size, Split by Product Segment

Insulin Pen Needle

Based on or includes research from QYResearch: Global Insulin Pen Needle Market Report 2025-2031.

In terms of product type, currently Standard insulin pen needles is the largest segment, hold a share of 78.3%.

In terms of product application, currently Home Care is the largest segment, hold a share of 91.3%.

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Insulin Pen Needles market is segmented as below:
By Company
Embecta
MTD Group
Novo Nordisk
B. Braun
Terumo
Owen Mumford
Beipu Medical
KDL Medical
Ulticare
Puang Medical
Tianjin Huahong Medical
Anhui Hongyu Wuzhou Medical
Jiangxi Hongda Medical
Suzhou Sali Medical
Jiangsu Jichun Medical

Segment by Type
Standard Insulin Pen Needles
Safety Insulin Pen Needles

Segment by Application
Home Use
Medical Institutions
Others

Each chapter of the report provides detailed information for readers to further understand the Insulin Pen Needles market:

Chapter 1: Introduces the report scope of the Insulin Pen Needles report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Insulin Pen Needles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Insulin Pen Needles market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Insulin Pen Needles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Insulin Pen Needles in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Insulin Pen Needles competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Insulin Pen Needles comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Insulin Pen Needles market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

Other relevant reports of QYResearch:
Global Insulin Pen Needles Market Outlook, In‐Depth Analysis & Forecast to 2031
Global Insulin Pen Needles Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Insulin Pen Needles Market Research Report 2025
Global Insulin Pen Needles Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Insulin Pen Needles- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Home Insulin Pen Needles - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Home Insulin Pen Needles Market Outlook, In‐Depth Analysis & Forecast to 2031
Global Home Insulin Pen Needles Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Home Insulin Pen Needles Market Research Report 2025
Home Insulin Pen Needles- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Insulin Safety Pen Needles - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Insulin Safety Pen Needles Market Outlook, In‐Depth Analysis & Forecast to 2031
Global Insulin Safety Pen Needles Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Safety Insulin Pen Needles Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Global Safety Insulin Pen Needles Market Outlook, In‐Depth Analysis & Forecast to 2031
Safety Insulin Pen Needles - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Safety Insulin Pen Needles Market Research Report 2025
Global Insulin Safety Pen Needles Market Research Report 2025
Safety Insulin Pen Needles- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Insulin Pen and Pen Needle Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

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