Asia-Pacific Pen Needles Market Competitors growth prospects 2021
Asia-Pacific Pen Needles Market by Therapy (Growth Hormone, Insulin, & GLP-1), Type (Safety Pen Needles, Standard Pen Needles,), Needle Length (4mm, 6mm, 8mm, 10mm, & 12mm), and Mode of Purchase (Retail & Non-Retail)
(EMAILWIRE.COM, February 08, 2018 ) Pen needles are used to deliver the medication (such as insulin or other injectable medications) in combination with injection pens. A pen needle comprises of hollow needle attached to injection pen. Pen needles are available with varied needle lengths and are majorly utilized by diabetes patients.According to the report Asia Pacific pen needles market, published by Market Data Forecast, the Market is expected to reach USD 0.61 billion by 2021 from USD 0.32 billion in 2016, growing at a CAGR of 14.10% for the next five years 2016-2021.
Quickly rising diabetic population, growing number of awareness programs on diabetes conditions, and increasing adoption of pen devices for insulin delivery are driving the growth of pen needles market in Asia-Pacific region. However, increasing reuse of pen needles, limited acceptance of diabetic patients towards the pen needles, and higher cost of the pen needles as compared to conventional syringes & vials are restraining the growth of Asia-Pacific pen needles market.
Browse market data tables and in-depth TOC of the Asia Pacific Pen Needles Industry to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-pen-needles-market-180/
Asia-Pacific pen needles market is segmented based on the therapy, type, needle length, and mode of purchase. On the based on therapy the market is further sub-segmented as insulin therapy, glucose like peptide-1 (GLP-1) therapy, and growth hormone therapy. The market, by type, is sub-segmented as safety needles and standard needles. The needle lengths include 4mm, 6mm, 8mm, 10mm, & 12mm. Based on mode of purchase the market is further sub-segmented as retail & non-retail purchase modes.
Based on therapy, insulin therapy is estimated to command the largest share of the Asia-Pacific pen needles market in 2016 and expected to grow at the highest CAGR during the forecast period 2016-2021. Based on type, standard pen needle segment is estimated to account for larger share of Asia-Pacific pen needles market in 2016, whereas safety pen needles segments is estimated to grow at a higher CAGR for the next five years (2016-2021).
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-pen-needles-market-180/request-sample
Among the length of pen needles, 8mm is estimated to command for the largest share of the Asia-Pacific pen needles market in 2016 and 4mm is expected to grow at the highest CAGR during the forecast period. Based on the mode of purchase retail purchase mode is estimated to account for larger share of the Asia-Pacific pen needles market in 2016 and expected to grow at a higher CAGR for the next five years (2016-2021).
On the basis of geographical areas, Asia-Pacific pen needles market is segmented as Japan, China, and India. Japan is estimated to account for the largest share of the Asia-Pacific pen needles market in 2016, whereas India is estimated to grow at the highest CAGR during the forecast period 2016-2021.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-pen-needles-market-180/inquire
Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), and Ypsomed Holding AG (Switzerland) are the major players accounting for major share of the Asia-Pacific pen needles market in 2016. Other players include UltiMed, Inc. (U.S.), Allison Medical, Inc. (U.S.), Owen Mumford, Ltd. (U.K.), B. Braun Melsungen (Germany), Artsana S.p.a. (Italy), HTL-STREFA S.A. (Poland), and Terumo Corporation (Japan), among others.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
About Market Data Forecast
Being a familiar face to the Fortune 500 companies in the field of market research, Market Data Forecast provides its clientele with research material through syndicated reports, consult projects and industry newsletters across various domains and verticals. Our in-house research panel, comprises of industry experts, vertical/domain specialists, supported by a well-built research & data models that help in providing insights for making well-informed decisions. We have a well-established data gathering network across 100+ countries through tie-ups and collaboration’s with the key personnel in value chains & local research organizations. Apart the excellent research services, we also boast of unique post-purchase services offering a 24*7 analyst support for the period of six months. Further, though a continuous feedback from our users, clients and experts, we keep on innovating ourselves in this field to support the organizations in the most efficient ways.
Quickly rising diabetic population, growing number of awareness programs on diabetes conditions, and increasing adoption of pen devices for insulin delivery are driving the growth of pen needles market in Asia-Pacific region. However, increasing reuse of pen needles, limited acceptance of diabetic patients towards the pen needles, and higher cost of the pen needles as compared to conventional syringes & vials are restraining the growth of Asia-Pacific pen needles market.
Browse market data tables and in-depth TOC of the Asia Pacific Pen Needles Industry to 2021 @ http://www.marketdataforecast.com/market-reports/asia-pacific-pen-needles-market-180/
Asia-Pacific pen needles market is segmented based on the therapy, type, needle length, and mode of purchase. On the based on therapy the market is further sub-segmented as insulin therapy, glucose like peptide-1 (GLP-1) therapy, and growth hormone therapy. The market, by type, is sub-segmented as safety needles and standard needles. The needle lengths include 4mm, 6mm, 8mm, 10mm, & 12mm. Based on mode of purchase the market is further sub-segmented as retail & non-retail purchase modes.
Based on therapy, insulin therapy is estimated to command the largest share of the Asia-Pacific pen needles market in 2016 and expected to grow at the highest CAGR during the forecast period 2016-2021. Based on type, standard pen needle segment is estimated to account for larger share of Asia-Pacific pen needles market in 2016, whereas safety pen needles segments is estimated to grow at a higher CAGR for the next five years (2016-2021).
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/asia-pacific-pen-needles-market-180/request-sample
Among the length of pen needles, 8mm is estimated to command for the largest share of the Asia-Pacific pen needles market in 2016 and 4mm is expected to grow at the highest CAGR during the forecast period. Based on the mode of purchase retail purchase mode is estimated to account for larger share of the Asia-Pacific pen needles market in 2016 and expected to grow at a higher CAGR for the next five years (2016-2021).
On the basis of geographical areas, Asia-Pacific pen needles market is segmented as Japan, China, and India. Japan is estimated to account for the largest share of the Asia-Pacific pen needles market in 2016, whereas India is estimated to grow at the highest CAGR during the forecast period 2016-2021.
Inquire before buying @ http://www.marketdataforecast.com/market-reports/asia-pacific-pen-needles-market-180/inquire
Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), and Ypsomed Holding AG (Switzerland) are the major players accounting for major share of the Asia-Pacific pen needles market in 2016. Other players include UltiMed, Inc. (U.S.), Allison Medical, Inc. (U.S.), Owen Mumford, Ltd. (U.K.), B. Braun Melsungen (Germany), Artsana S.p.a. (Italy), HTL-STREFA S.A. (Poland), and Terumo Corporation (Japan), among others.
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
About Market Data Forecast
Being a familiar face to the Fortune 500 companies in the field of market research, Market Data Forecast provides its clientele with research material through syndicated reports, consult projects and industry newsletters across various domains and verticals. Our in-house research panel, comprises of industry experts, vertical/domain specialists, supported by a well-built research & data models that help in providing insights for making well-informed decisions. We have a well-established data gathering network across 100+ countries through tie-ups and collaboration’s with the key personnel in value chains & local research organizations. Apart the excellent research services, we also boast of unique post-purchase services offering a 24*7 analyst support for the period of six months. Further, though a continuous feedback from our users, clients and experts, we keep on innovating ourselves in this field to support the organizations in the most efficient ways.
Contact Information:
Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results