Press release
Insulin Pen Needles Market will Account for Around US$ 1,000 Mn by 2026
Insulin Pen Needles Market: Standard Insulin Pens and Needles to Generate Significant RevenuesGrowing prevalence of various diseases such as HIV, hepatitis and diabetes has led to a surge in demand for the insulin pen needles globally. Increasing support from various government organizations is further expected to impact growth of the global market significantly. Transparency Market research states that the global market of insulin pen needles is projected to reflect a CAGR of 8.0% over the forecast period, 2017-2026.
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The global protein expression technology market is segmented on the basis of expression system, , application, and region.
With the growing preference for cost-effective insulin pens, demand for the standard insulin pens and needles will continue to remain high in the global market. On the basis of product type, the standard insulin pens and needles segment is expected to generate significant revenues, accounting for a value of over US$ 1,000 Mn by the end of 2026. However, the safety-engineered insulin pen needles product type segment is expected to register the highest CAGR throughout forecast period.
Based on distribution channel, the hospital pharmacies segment is expected to represent the highest revenue growth, recording a value of over US$ 200 Mn by the end of 2017. On the other hand, the online sales distribution channel segment is expected to register a robust CAGR through 2026.
By application type, the type II diabetes segment is expected to witness a robust growth in terms of revenue, accounting for a value of over US$ 1,000 Mn by the end of 2026. On the contrary, the type I diabetes application type segment is expected to register a healthy CAGR during the forecast period.
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Summary of Table of Content:
1 Global Outlook
2 Global Insulin Pen Needles Market - Executive Summary
3 Global Insulin Pen Needles Market Overview Global Insulin Pen Needles Market Analysis and Forecast 2012-2026
5 North America Insulin Pen Needles Market Size and Forecast, 2012-2026
6 Latin America Insulin Pen Needles Market Size and Forecast, 2012-2026
7 Europe Insulin Pen Needles Market Size and Forecast, 2012-20268 Japan Insulin Pen Needles Market Size and Forecast, 2012-2026
9 APEJ Insulin Pen Needles Market Size and Forecast, 2012-2026
10 MEA Insulin Pen Needles Market Size and Forecast, 2012-2026
11 Global Insulin Pen Needles Market – Competitive Landscape and Company Profiles
12 TMR Research Methodology
13 Disclaimer and Contact information
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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