In Pen Needles Market the Favorable reimbursement environment and government support in selected countries, advantages of insulin pens over syringes and vials, technological advancements, growing diabetic population.

The Pen Needles Market is expected to reach USD 2.81 Billion growing, at a CAGR of 11.2%.

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Pen Needles Market

Browse and in-depth Report on “Pen Needles Market”

102 – Tables

53 – Figures

185 – Pages

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Geographical analysis For Pen Needles Market:

The pen needles market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). Europe is expected to account for the largest share of the market.

The large share of Europe can be attributed to the EU’s directive on the prevention of sharp injuries in hospitals and the healthcare sector; changes in the regulatory framework in Germany to minimize needlestick injuries; high incidence of diabetes across European nations; activities undertaken in the U.K. to pool funds for diabetes care and research; higher insurance coverage and increase in aging population and affordability in France; awareness campaigns for diabetes in Italy; and the high export potential of injectable drug delivery devices in Spain.

However, the Asian region is expected to grow at the highest CAGR during the forecast period.

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Objectives of the Study:

• To define and measure the global pen needles market on the basis of type, length, therapy, mode of purchase, and region
• To identify key micromarkets1 and their drivers within the global pen needles market, which are expected to show impressive growth opportunities in the coming years
• To identify market trends and opportunities for stakeholders in the market
• To strategically analyze the market structure and profile the key players of the global pen needles market and comprehensively analyze their core competencies2
• To track and analyze competitive developments such as partnerships, agreements, and collaborations; expansions; acquisitions; and new product launches

Key Players in Pen Needles Market:

The major companies in this market include Becton, Dickinson and Company (U.S.), Novo Nordisk A/S (Denmark), Ypsomed Holding AG (Switzerland), B. Braun Melsungen AG (Germany), HTL-STREFA S.A. (Poland), Terumo Corporation (Japan), Artsana S.p.a (Italy), Owen Mumford Ltd. (U.K.), Allison Medical, Inc. (U.S.), and UltiMed, Inc. (U.S.).

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