Pen Needles Market Increasing Size, Demand, Growth Rate, and Forecast 2030 - Emergen Research

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Global Pen Needles Market Forecast to 2030

Emergen Research has recently added a new report titled Global Pen Needles Market that provides an extensive analysis of the Pen Needles market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Pen Needles market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.

The global pen needles market size was USD 3.10 Billion in 2022 and is expected to register a steady revenue CAGR of 11.7% during the forecast period, according to latest analysis by Emergen Research. Increasing prevalence of diabetes is a key factor driving market revenue growth. According to the International Diabetes Federation (IDF), in IDF North America and Caribbean Region in 2021, 51 million adults (20-79) were diagnosed with diabetes. This number is expected to rise to 57 million by 2030. Impaired Glucose Tolerance (IGT) affects 47 million adults (20-79) in IDF North America and Caribbean region, putting them at high risk of developing type 2 diabetes.

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Research Report on the Pen Needles Market Addresses the Following Key Questions:

Who are the dominant players of the Pen Needles market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Pen Needles market?
What are the key growth drivers and restraining factors of the Pen Needles market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Pen Needles market and its key segments?
Market Overview:

The report bifurcates the Pen Needles market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Product Outlook (Revenue, USD Billion; 2019-2032)
Standard Pen Needle
Safety Pen Needle
Length Outlook (Revenue, USD Billion; 2019-2032)
4mm
5mm
6mm
8mm
10mm
12mm
Therapy Outlook (Revenue, USD Billion; 2019-2032)
Insulin
Glucagon-like-Peptide-1 (GLP-1)
Growth Hormone
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Regional Landscape section of the Pen Needles report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/pen-needles-market

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Pen Needles market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Novo Nordisk A/S, Becton Dickinson and Company, Terumo Corporation, Owen Mumford, B. Braun SE, Ypsomed Holding AG, UltiMed, Inc., Allison Medical, Inc., ARKRAY, Inc., and Artsana S.p.A.

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Thank you for reading our report. To know more about the customization feature, please get in touch with us, and our team will ensure the report is customized to meet your requirements.  

 

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