DUBLIN, Sept. 10, 2018 /PRNewswire/ --
The "Pen Needles Market to 2025 - Global Analysis and Forecasts By Type, Therapy, Length and Geography" report has been added to ResearchAndMarkets.com's offering.
The pen needles market is estimated to account for US$ 2,280.6 Mn by the end of 2025, escalating at a CAGR of 4.6% during the forecast period from 2018 to 2025, rising from US$ 1,603.8 Mn in 2017.
The rise in the number patients suffering from diabetes as well as increasing obese population that is at high risk of diabetes are expected to fuel the growth of global pen needles market.
The global market for pen needles on the basis of therapy is segmented into insulin therapy, GLP-1 and growth hormone. The insulin therapy is expected to be the largest as well as fastest growing segment in the market. Insulin is the most widely recommended and common biologic required by an individual suffering from diabetes. In addition, increasing adoption of self-administration of insulin among diabetic patients is also expected to showcase lucrative growth rates for insulin therapy segment over other segments in the forecast years.
On the basis of length, the global pen needles market is segmented into 4mm, 5mm, 6mm, 8mm, 10mm, and 12mm. The 4mm segment is expected to contribute a dominant share in the global pen needles market. This attributes to the effective delivery offered by 4mm needles over other lengths. Moreover, these needles are ideal to be used by individuals of all age groups as well as skin thickness and BMI ratios. Several other benefits offered by 4mm pen needles includes higher level of comfort, easy penetration of insulin and easy availability which is likely to propel the demand for 4mm over the forecast period.
Key Topics Covered:
1 Introduction
1.1 Scope of Study
1.2 Research Report Guidance
2 Key Takeaways
3 Pen Needles Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Pen Needles Market - by Type
3.2.2 Pen Needles Market - by Therapy
3.2.3 Pen Needles Market - by Length
3.2.4 Pen Needles Market - by Region
3.2.4.1 by Countries
3.3 PEST Analysis
4 Pen Needles Market - Key Industry Dynamics
4.1 Key Market Drivers
4.2 Key Market Restraints
4.3 Key Market Opportunities
4.4 Future Trends
4.5 Impact Analysis
5 Pen Needles Market Analysis- Global
5.1 Global Pen Needles Market Overview
5.2 Global Pen Needles Market Revenue Forecasts and Analysis (US$ MN)
5.3 Global Pen Needles Market Volume Forecasts and Analysis (000 units)
5.4 Market Positioning/Market Share
5.5 Performance of Key Players
5.6 Expert Opinions
6 Pen Needles Market -Global Regulatory Scenario
6.1 Overview
6.2 North America
6.2.1 US
6.2.2 Canada
6.2.3 Mexico
6.3 Europe
6.3.1 UK
6.3.2 Germany
6.3.3 France
6.4 Asia Pacific
6.4.1 Japan
6.4.2 China
6.4.3 India
6.5 Middle East & Africa
6.5.1 UAE
6.5.2 Saudi Arabia
6.5.3 South Africa
6.6 South and Central America
6.6.1 Brazil
7 Pen Needles Market Revenue and Forecasts to 2025 - Type (US$ MN)
7.1 Overview
7.2 Type Market Forecasts and Analysis
7.3 Standard Pen Needles Market
7.4 Safety Pen Needles Market
8 Pen Needles Market Revenue and Forecasts to 2025 - Therapy (US$ MN)
8.1 Overview
8.2 Therapy Market Forecasts and Analysis
8.3 Insulin Therapy Market
8.4 GLP-1 Therapy Market
8.5 Growth Hormone Therapy Market
9 Pen Needles Market Revenue and Forecasts to 2025 - Length (US$ MN)
9.1 Overview
9.2 Length Market Forecasts and Analysis
9.3 4mm Market
9.4 5mm Market
9.5 6mm Market
9.6 8mm Market
9.7 10mm Market
9.8 12mm Market
10 North America Pen Needles Market Revenue and Forecasts to 2025 - Country Analysis
11 Europe Pen Needles Market Revenue and Forecasts to 2025 - Country Analysis
12 Asia Pacific Pen Needles Market Revenue and Forecasts to 2025 - Country Analysis
13 Middle East and Africa (MEA) Pen Needles Market Revenue and Forecasts to 2025 - Geographical Analysis
14 South and Central America Pen Needles Market Revenue and Forecasts to 2025 - Geographical Analysis
15 Industry Landscape
15.1 Organic Growth Strategies
15.1.1 New Type Launches
15.1.2 Marketing & Promotional Activities
15.2 Inorganic Growth Strategies
15.2.1 Partnerships, Collaborations, and Joint Ventures
15.2.2 Mergers & Acquisitions
15.2.3 Geographic Expansions
16 Pen Needles Market, Key Company Profiles
- BD
- Novo Nordisk A/S
- YPSOMED AG
- B. Braun Melsungen AG
- Owen Mumford, Ltd.
- HTL-Strefa S.A.
- Ultimed, Inc.
- Terumo Corporation
- Allison Medical, Inc.
- Artsana S.p.A.
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