Pen Needle Market (Standard Pen Needles, Safety Pen Needles), Needle Length (4mm, 5mm, 6mm, 8mm, 10mm, 12mm), Therapy (Insulin, GLP-1, Growth Hormone) Size Worth +$4.7 Billion By 2025 | CAGR: +13.0%

The global pen needles market is expected to reach a value of USD +4.7 billion by 2025 advantages of insulin pens over syringes and vials; technological advancements to minimize pain and needle anxiety; growing diabetic population; and conferences, meetings, and congresses to create pen needle awareness are expected to drive the growth of the pen needles market during the forecast period. International Diabetes Federation (IDF), nearly 415 million people were suffering from diabetes in 2015. Such a high prevalence of diabetes across the globe has led to rising demand for pen needles. Patients suffering from diabetes commonly use injectable pen devices, which helps in easy drug deliveryWhile the threat of substitutes and technological risks could have an unfavorable impact on the global market, potential applications and opportunities from emerging regions have been anticipated to raise the hopes of industry players.

Top Key Players: Becton, Dickinson, Novo Nordisk, B. Braun Melsungen, Terumo, Owen Mumford, Ypsomed Holding, Artsana, HTL-Strefa, Ulticare, Allison Medical, Twobiens, Stat Medical Devices?, Dongbao, Beipu, Kangdelai, Yuwell

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The healthcare industry recognizes medical devices as all equipment and tools that are used either individually or together for diagnostics or therapy. This spectrum includes medical instruments, materials, devices, software, and electronic devices. The competitive landscape of the global Pen Needles market is currently hinged around the top players. Most of the players are focusing heavily on enhancement of existing technologies while still dedicating a huge chunk of their resources for product innovation. The nature of the market is such that entry for newer players can be challenging, but not impossible due to the desperate need for newer technologies and innovative patents in the market.

The Global Pen Needles Market is segmented on the basis of type, treatment, end-user, and applications. Among these, the Pen Needles subdivision accounted for the widely held market share during 2018 and will continue to overlook the market throughout the forecast period. The most important driving factor for the market is the growing demand for active delivery mechanisms of novel biopharmaceuticals. On the basis of the end-user segment, the hospitals’ segment is anticipated to account for the biggest share of the market. This can be mainly accredited to advantages such as the noteworthy number of inpatient and outpatient visits in hospitals in comparison to other end users and the necessity of large capacities of drugs and their corresponding delivery devices to cater to the demand of this patient pool.

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The report provides both, qualitative and quantitative research of the Global Pen Needles Market, as well as encompasses worthy insights into the rational scenario and favored improvement methods adopted by key contenders. The manufacturing base of each key player and their share in the market for each product and application section of the market have been explained in the report. Distinctive promoting channels and methodology inclined to bear fruit in the 2018-2025 figure period have been assigned in the report to empower readers to plan winning methodologies.

Table of Content:

Chapter 1 Pen Needles Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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