North America Pen Needles Market By Therapy - Growth Hormone, Insulin, & GLP-1
North America pen needles market is expected to reach USD 0.96 billion by 2023 from USD 0.58 billion in 2018, growing at a CAGR of 10.60% for the next five years 2018-2023
(EMAILWIRE.COM, July 27, 2018 ) North America Pen Needles technology has changed over the past decades. Many years ago home use syringe needles were large, and had to be sterilized and sharpened by hand by patients themselves. Today’s pen needles are engineered and manufactured for greater comfort and ease of use with electro-polishing for needle smoothness; thin, fine point tips for ease in penetration; lubrication for less friction and more glide; plastic caps for safety; and individual wrapping for sterility. Injection pen and pen needles are an alternative drug delivery method to the traditional vial/syringe method.
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.
Get a comprehensive overview of the Dental Equipment Market: http://www.marketdataforecast.com/market-reports/north-america-pen-needles-market-178/
North America Pen Needles Market: Drivers & Restraints
Factors like growing population of early onset diabetic patients, increasing expenditure on healthcare, favourable reimbursement policies and presence of large number of major market players are fuelling the growth of market. Conversely, stringent regulatory framework and technological advancements in alternative drug delivery methods are restricting the growth of the market.
Get accurate market forecast and analysis on the North America Pen Needles Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/north-america-pen-needles-market-178/request-sample
North America Pen Needles Market: Segmentation
By Therapy Type
Insulin Therapy
GLP-1 Therapy
Growth Hormone Therapy
By Type
Safety Needles
Standard Needles
By Length
4mm
6mm
8mm
10mm
12mm
By Mode of purchase
Retail
Non Retail
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/north-america-pen-needles-market-178/customize-report
North America Pen Needles Market: Overview
Among the length segment 8mm needles account for the largest share in the market and 4mm is expected to grow the fastest. Based on type, standard needles held the major share in the market. Insulin Pen needles are the wide spread ones in Therapy segment due to the high prevalence of diabetes.
North America Pen Needles Market: Region-wise Outlook
Based on Geography this market is segmented into two regions namely United States of America and Canada. United States holds the major share in the market owing to its huge population and favourable reimbursement policy. Canada is expected to grow rapidly owing to its rapid adoption rate and increasing consumer awareness.
Key Questions Answered
What is the current and future Dental Equipment Market outlook in North America? What trends are affecting the market?
What is the competitive landscape and market share of major players in the Dental Equipment Market space in North America?
What are the key, high growth markets that Dental Equipment Market manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Dental Equipment currently on the market? How will emerging technologies fulfil these unmet needs?
What is consumer perception and market outlook of Dental Equipment?
What are the challenges and barriers that have hindered widespread adoption of Dental Equipment?
Dental Equipment Market: Key Players
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 North America 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.
Reasons to buy North America Pen Needles Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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.
Get a comprehensive overview of the Dental Equipment Market: http://www.marketdataforecast.com/market-reports/north-america-pen-needles-market-178/
North America Pen Needles Market: Drivers & Restraints
Factors like growing population of early onset diabetic patients, increasing expenditure on healthcare, favourable reimbursement policies and presence of large number of major market players are fuelling the growth of market. Conversely, stringent regulatory framework and technological advancements in alternative drug delivery methods are restricting the growth of the market.
Get accurate market forecast and analysis on the North America Pen Needles Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/north-america-pen-needles-market-178/request-sample
North America Pen Needles Market: Segmentation
By Therapy Type
Insulin Therapy
GLP-1 Therapy
Growth Hormone Therapy
By Type
Safety Needles
Standard Needles
By Length
4mm
6mm
8mm
10mm
12mm
By Mode of purchase
Retail
Non Retail
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/north-america-pen-needles-market-178/customize-report
North America Pen Needles Market: Overview
Among the length segment 8mm needles account for the largest share in the market and 4mm is expected to grow the fastest. Based on type, standard needles held the major share in the market. Insulin Pen needles are the wide spread ones in Therapy segment due to the high prevalence of diabetes.
North America Pen Needles Market: Region-wise Outlook
Based on Geography this market is segmented into two regions namely United States of America and Canada. United States holds the major share in the market owing to its huge population and favourable reimbursement policy. Canada is expected to grow rapidly owing to its rapid adoption rate and increasing consumer awareness.
Key Questions Answered
What is the current and future Dental Equipment Market outlook in North America? What trends are affecting the market?
What is the competitive landscape and market share of major players in the Dental Equipment Market space in North America?
What are the key, high growth markets that Dental Equipment Market manufacturers should expand into? Which market segments are growing the fastest?
What are the unmet needs with the Dental Equipment currently on the market? How will emerging technologies fulfil these unmet needs?
What is consumer perception and market outlook of Dental Equipment?
What are the challenges and barriers that have hindered widespread adoption of Dental Equipment?
Dental Equipment Market: Key Players
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 North America 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.
Reasons to buy North America Pen Needles Market Report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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