Worldwide Lancet and Pen Needles Market Projected To Grow Massive Revenue, Shares and Forecasts by 2027

Pen needles arrive in an assortment of needle lengths and breadths and are utilized by wellbeing experts and patients for infusion of an assortment of medicines. They are generally utilized by individuals with diabetes who regularly require various day by day insulin infusions. A lancet on the other hand is a two edged, small blade or surgical knife with a sharp point which has various types like surgical lancet, blood lancet and vaccination lancet. The booming European Medical industry, technological advancement, heavy investment in research and development are some of the key factors that are going to drive the demand for the lancet and pen needles upwards.

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The pen needle and lancet market is expected to register a CAGR of 7.9%

Segments Needles:

Segmentation by Length:

Segmentation can be done on the basis on length: 4mm, 5mm, 6mm, 8mm, 10mm, 12mm

Segmentation by Therapy:

Segmentation can be done on the basis of Therapy: - Insulin, Hormones and Glucagon-like peptide

Segmentation by End Users:

Segmentation can be done on the basis of End users: Clinics, Hospitals, Medical Institutions

Segments Lancets:

Segmentation Penetration Depth:

Segmentation can be done on the basis of Penetration Depth: 0.8 MM TO 1.0 MM, 1.1 MM TO 1.5 MM, 1.6 MM TO 2.0 MM, 2.1 MM TO 2.5 MM, 2.5 MM TO 3.0 MM

Segmentation Gauge:

Segmentation can be done on the basis of Gauge: 17/18G, 21G, 23G, 25G, 28G, 30G

Regional Analysis of Lancet and Pen Needles Market:

North America is currently one of the leading markets for lancets and pen needles. With an established infrastructure, Technological advancement, heavy investment in research and development and development of new techniques and instruments gives the North American region opportunity to become a leading market for the lancet and pen needle industry. The European medical market is currently booming. The numbers of medical professionals in Europe are increasing steadily. Increasing awareness, rising literacy rate is also going to increase the demand for pen needles and lancet products.

Key Players:

Becton, Dickinson and Company, Novo Nordisk , Ypsomed Holding AG , B. Braun Melsungen AG, HTL-Strefa S.A., Terumo Corporation, Artsana S.p.a, Owen Mumford Ltd, Allison Medical, Ultimed.

Americas

North America

US

Canada

Latin America

Europe

Western Europe

Germany

France

Italy

Spain

U.K

Rest of Western Europe

Eastern Europe

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Asia– Pacific

Asia

China

India

Japan

South Korea

Rest of Asia

Pacific

Major TOC for Lancet and Pen Needles Market:

1 Report Prologue

2 Market Introduction

2.1 Introduction

2.2 Scope of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

….T.O.C continued

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