Global Pen Needles Market Analysis and Forecasts to 2025 by Type, by Length, by End User, and by Geography
NxtGen Reports recently added a new market research report in its offerings titled, "Global Pen Needles Market Analysis and Forecasts to 2025 by Type, by Length, by End User, and by Geography".
(EMAILWIRE.COM, September 05, 2018 ) The report provides forecast and analysis of the global pen needles market. It provides market overview of global pen needles market of in terms of revenue (in US$ mn). Furthermore, the report includes drivers, restraints, trends and opportunity of the pen needles market and their impact on each country during the forecast period.
Pen Needles are the needles of insulin injection pens. Insulin pens & pen needles are widely used by Diabetes population across the globe. Insulin pen needles are to be disposed after use. These pen needles are available in various lengths and gauge sizes for various population groups. In the recent years, pen needles are replacing the insulin syringes owing to their ease of use.
The Pen needles market has been witnessing significant growth over the past few years owing to rise in diabetic population, increasing awareness on advantages of pen needles, availability of reimbursement in western countries, and growing geriatric population. In addition, mandates and regulations for the usage of safety pen needles in US and European countries is expected to bolster the market growth in the coming years. Furthermore, increasing interest of key players in the development of shorter needles for low cost is expected to offer significant growth opportunities during next few years. However, re-use of same pen needle in low-income countries and rising number of needle stick injuries are expected to restraint the market growth during the forecast period.
The -201cGlobal Pen Needles Market Analysis and Forecasts to 2025-201d can be segmented into type, length, end user, and region. Based on the type, the market can be categorized as safety and standard pen needles. The standard pen needles are the needles with no safety tip of automatic needle disposal mechanism. These are the needles with higher penetration in the market. However, the market for safety pen needles is expected to witness a steep growth rate in during the forecast period, owing to mandates & regulations for the use of safety needles in hospitals in Europe & US and rise in number of needlestick injures across the globe.
The market based on length can be segmented into 4mm, 5m, 6mm, 8mm, and 10mm & 12mm. Pen needles are available in various sizes to meet the requirements of patients from different regions and races. 6mm needles contribute to larger share of the market, owing to high efficiency of these needles to deliver the insulin into the sub-cutaneous layer. Smaller length pen needles that cause less pain while injecting are expected to witness a significant growth rate in the coming years. Many large and small manufacturers in the market are aiming to develop 4mm & 5mm pen needles and such developments are further expected to bolster the demand for these shorter needles in the coming years.
Based on end user, the market can be segmented as, hospitals, clinics, & ambulatory centers and patients. Pen needles are highly used by patients to self-administer the insulin. Rise in number of diabetes cases across the globe and ease of insulin administration using insulin pens is expected to boost the demand for pen needles from patients in the coming years. However, the demand for safety pen needles from hospitals, clinics, & ambulatory centers is expected to rise during the forecast period, owing to regulations to decrease the needlestick injuries.
The pen needles market based on the end user is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for pen needles in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The Pen Needles market report includes market size and analysis for all the above-mentioned regions and countries for type, length, and end user.
The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis and various business strategies adopted by them. This report will help players in global pen needles market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoover-2019s, company annual reports, investor presentations, and publications. The key players included in the global pen needles market report are BD, Novo Nordisk, Ypsomed Holding AG, B. Braun Melsungen AG, HTL-Strefa S.A., Terumo Corporation, Artsana S.p.a, Owen Mumford Ltd, Allison Medical, Inc., and Ultimed, Inc., among others.
To get Free Sample or to Buy this report at discounted price click here: https://www.nxtgenreports.com/market-research-reports/global-pen-needles-market-analysis-and-forecasts
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Pen Needles are the needles of insulin injection pens. Insulin pens & pen needles are widely used by Diabetes population across the globe. Insulin pen needles are to be disposed after use. These pen needles are available in various lengths and gauge sizes for various population groups. In the recent years, pen needles are replacing the insulin syringes owing to their ease of use.
The Pen needles market has been witnessing significant growth over the past few years owing to rise in diabetic population, increasing awareness on advantages of pen needles, availability of reimbursement in western countries, and growing geriatric population. In addition, mandates and regulations for the usage of safety pen needles in US and European countries is expected to bolster the market growth in the coming years. Furthermore, increasing interest of key players in the development of shorter needles for low cost is expected to offer significant growth opportunities during next few years. However, re-use of same pen needle in low-income countries and rising number of needle stick injuries are expected to restraint the market growth during the forecast period.
The -201cGlobal Pen Needles Market Analysis and Forecasts to 2025-201d can be segmented into type, length, end user, and region. Based on the type, the market can be categorized as safety and standard pen needles. The standard pen needles are the needles with no safety tip of automatic needle disposal mechanism. These are the needles with higher penetration in the market. However, the market for safety pen needles is expected to witness a steep growth rate in during the forecast period, owing to mandates & regulations for the use of safety needles in hospitals in Europe & US and rise in number of needlestick injures across the globe.
The market based on length can be segmented into 4mm, 5m, 6mm, 8mm, and 10mm & 12mm. Pen needles are available in various sizes to meet the requirements of patients from different regions and races. 6mm needles contribute to larger share of the market, owing to high efficiency of these needles to deliver the insulin into the sub-cutaneous layer. Smaller length pen needles that cause less pain while injecting are expected to witness a significant growth rate in the coming years. Many large and small manufacturers in the market are aiming to develop 4mm & 5mm pen needles and such developments are further expected to bolster the demand for these shorter needles in the coming years.
Based on end user, the market can be segmented as, hospitals, clinics, & ambulatory centers and patients. Pen needles are highly used by patients to self-administer the insulin. Rise in number of diabetes cases across the globe and ease of insulin administration using insulin pens is expected to boost the demand for pen needles from patients in the coming years. However, the demand for safety pen needles from hospitals, clinics, & ambulatory centers is expected to rise during the forecast period, owing to regulations to decrease the needlestick injuries.
The pen needles market based on the end user is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for pen needles in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE. The Pen Needles market report includes market size and analysis for all the above-mentioned regions and countries for type, length, and end user.
The study also provides information for recent merger and acquisition deals happened in the market. Moreover, the report also includes growth strategies and entry barriers to be considered to cater to the exact business opportunities in this market. Additionally, to aid in strategic decision making, the report also includes competitive profiling of leading players, recent developments in the industry, financial analysis and various business strategies adopted by them. This report will help players in global pen needles market to plan and implement their strategies in different market areas such as emerging geographies, and new technologies.
Both primary and secondary research has been performed during the study. Secondary sources include Factiva, World Bank, and Hoover-2019s, company annual reports, investor presentations, and publications. The key players included in the global pen needles market report are BD, Novo Nordisk, Ypsomed Holding AG, B. Braun Melsungen AG, HTL-Strefa S.A., Terumo Corporation, Artsana S.p.a, Owen Mumford Ltd, Allison Medical, Inc., and Ultimed, Inc., among others.
To get Free Sample or to Buy this report at discounted price click here: https://www.nxtgenreports.com/market-research-reports/global-pen-needles-market-analysis-and-forecasts
If you have any special requirements, kindly Contact Us and we will offer you the report as you want.
About NxtGen Reports: NxtGen Reports delivers strategic market research reports, industry analysis, business research and forecasts on product, services and companies. We understand the need of our customers and keep our market research reports up to date. Our reports are very well organized enabling our customers to identify and get access easily. We also offer customized discounts based on your expectations.
Contact Information:
Madhuri Vetal
NxtGen Reports
Email: sales@nxtgenreports.com
Phone: +918551022388
More Report at: https://www.nxtgenreports.com/market-research-reports
Contact Information:
NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
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NxtGen Reports
Madhuri Vetal
Tel: +918551022388
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results