The global pen needles market is expected to grow at a 12% CAGR from 2022 to 2029. It is expected to reach above USD 2.75 billion by 2029 from USD 1.8 billion in 2020.
The data offered in the global Pen Needles Market report is a compiling of data identified and collected from various sources. The scope of growth of the Pen Needles market during the projection period is identified after analysing changed data sources. Recent trends that have the potential to increase the market share occupied by the product/service in the global market are identified to give a better representation of the market. The market growth rate from the year 2022 to the year 2029 has been presented in detail for the base period. Investment opportunities that can prove profitable to investors are identified and are categorized based on the ones that offer the highest rates of return. The market data collected during the base period is expansively analysed to effectively predict the market share from the year 2022 to the year 2029 for the forecast period.
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Top Key Players: Becton Dickinson and Company, Novo Nordisk, Ulticare, Ypsomed Holding AG, B. Braun Melsungen AG, Terumo Corporation, Owen Mumford Ltd., Allison Medical, Cambridge Sensors Ltd., Montmed Inc., and Stat Medical Inc
In February 2021, Ulticare safety pen needles are launched in two sizes, 5mm 30G and 8mm 30 G launched by UltiMed Inc. (US).
In October 2020, Arkray Inc. (Japan) launched TechLITE Pen Needles which are now indicated for use with pen injector devices for the subcutaneous injection of drugs in the US.
In January 2019, Becton, Dickinson and Company (US) launched Second Generation Standard Pen Needles.
In August 2018, Arkray Inc. (Japan) launched Assure ID safety pen needles.
The report offers valued insight into the Pen Needles market development and approaches related to the Pen Needles market with an analysis of each region. The report goes on to conversation about the leading aspects of the market and inspect each segment.
There are many different factors that have caused the quick expansion of the On-platform Pen Needles market. A detailed study of the estimating history of the product/service, the value that the product/service brings to the table, as well as plenty of different volume trends, has been analysed. Important information such as how the growing population, advancing technology as well as the important dynamics of supply and demand impacts the product on a global level have been covered. In addition to the above, government initiatives, as well as the competitive landscape that exists in the On-platform Pen Needles market through the forecast period, has been analysed.
The report titled, “Pen Needles Market” boons an in-depth summary of the competitive landscape of the market globally, thus helping establishments understand the primary threats and prospects that vendors in the market are dealt with. It also incorporates thorough business profiles of some of the prime vendors in the market.
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
To study and analyse the global Pen Needles market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2029.
To understand the structure of Pen Needles market by identifying its various sub segments.
Focuses on the key global Pen Needles players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Pen Needles with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Pen Needles submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market
Key question answered in this report
What will the market size be in 2029 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents: Pen Needles Market
Section 1 Market Overview
Section 2 Global Pen Needles Market Manufacturer Share
Section 3 Manufacturer Pen Needles Business Introduction
Section 4 Global Pen Needles Market Segmentation (By Region)
Section 5 Global Pen Needles Market Segmentation (by Product Type)
Section 6 Global Pen Needles Market Segmentation (by Application)
Section 7 Global Pen Needles Market Segmentation (by Channel)
Section 8 Market Forecast 2022-2029
Section 9 Pen Needles Application and Client Analysis
Section 10 Pen Needles Manufacturing Cost of Analysis
Section 11 Conclusion
Section 12 Methodology and Data Source
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