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<br>The pen needle market is expected to grow at a CAGR of 11.28% over the forecast period to reach a total market size of US$2,371.768 million by 2025, increasing from US$1,249.021 million in 2019.<br>Pen needles use injection pens to deliver injectable medications into the body.
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Pen Needle Market forecasts From 2020 To 2025
DESCRIPTION The pen needle market is expected to grow at a CAGR of 11.28% over the forecast period to reach a total market size of US$2,371.768 million by 2025, increasing from US$1,249.021 million in 2019. Pen needles are widely used to deliver injectable medication into the body. The growing prevalence of the chronic disease is expected to be one of the prime drivers for the growth of the market during the forecast period. However, the availability of substitutes is anticipated to restrain the growth of the market in the coming years.
Key Questions Answered By The Report • What will Pen Needle Market from 2019 to 2024? • How are the major drivers and restraints affecting Pen Needle Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography • North America • United States • Canada • Mexico • South America • Brazil • Argentina • Others
Geography • Europe • Germany • France • The United Kingdom • Spain • Italy • Others • Middle East and Africa • Saudi Arabia • UAE • Others
Geography • Asia Pacific • China • Japan • India • South Korea • Others
Segments Covered Under Global Storage Market: • By Type • Standard Pen Needles • Safety Pen Needles • By Length • 4mm and 5mm • 6mm and 8mm • 10mm and 12mm • By Therapy • Insulin • Glucagon-like-Peptide-1 • Growth Hormone • By Distribution Channel • Online • Offline
COMPANY PROFILES • Ypsomed • Becton, Dickinson and Company • Glucorx • Braun Melsungen • Novo Nordisk • HTL-Strefa • Ultimed • Allison Medical, Inc. • Terumo Corporation • Owen Mumford, Ltd.
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