Pen Needles Market - Global Revenue, Trends, Growth, Share, Size and Forecast

  • Product Code:
    RP-ID-10325617
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    150
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-51

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Pen Needles Market is worth USD 1.48 billion in 2016 and is expected to reach USD 2.82 billion by 2022, at a CAGR of 11.4% from 2016 to 2022.

The objective of this report is to describe the market trends and revenue forecasts for the pen needles market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the pen needles market. The scope of this report covers the pen needles market by its major segments, which include the needle length, types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT:
Thorough understanding of the dynamics influencing the various segments of this market
Detailed analysis of the regulatory environment impacting the growth of this market
Valuable insights into the key technological and market trends impacting this market
KEY PREMIUM INDUSTRY INSIGHTS:
Pen needles market has seen various innovative progressions, which require consideration when it comes to understanding the developing interest for the security infusions in the healthcare industry.
The rapid advancements have prompted the improvements in the wellbeing pen needles with an intention to diminish the pain, provide comfort, and above all decrease the needle-stick wounds.
The favorable reimbursement policies, the increasing prevalence of diabetes, and the rising geriatric population are some of the major driving factors for this market.
MARKET SEGMENTATION:
This report analyzes the pen needles market by the following segments:

Pen Needles Market, by Needle Length
4mm
5mm
6mm
8mm
10mm
12mm
Pen Needles Market, by Types
Safety Pen Needles
Standard Pen Needles
Pen Needles Market, by Applications
Insulin
Glucagon-Like-Peptide 1
Growth Hormone
KEY MARKET PLAYERS:
Becton Dickinson and Company
Novo Nordisk A/S
LDI, Ltd. (Ultimed, Inc.)
Berpu Medical Technology Co., Ltd.
Owen Mumford, Ltd.
B. Braun Melsungen AG
Investindustrial (Artsana S.p.a.)
Ypsomed Holding Ag
Terumo Corporation
Eli Lily and Company


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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