Global Pen Needles Market Set to Grow with CAGR By 2026 With Leading Players Trends and Overview

Pen Needles Market report provides complete background analysis of the Pharmaceutical industry which includes an assessment of the parental market. By thinking from customer point of view, a team of researchers, analysts and industry experts work carefully to generate this Pen Needles Market market research report. A high quality global market research is brought together for the success of your business at international level. Competitor analysis is one of the most important aspects of market research report which helps businesses decide upon the strategies by comparing them with the competitors. Besides, this Pen Needles Market market research report makes clients aware about the various strategies that are used by key players of the market.

Global pen needles market is registering a healthy CAGR in the forecast period of 2019-2026. This rise in the market value can be attributed to the surging prevalence of chronic diseases and high advancement in technology.

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Market Definition: Global Pen Needles Market

Pen needles are used to convey injectable medicines into the body in conjunction with injection pens. A pen needle comprises of a resonating needle that is surrounded in a plastic hub and connects to the vaccination pens. Pen needles originate in different type of needle dimensions and diameters and are used to inject a range of medicines by health practitioners and patients.

Segmentation: Global Pen Needles Market

By Type

  • Standard Pen Needles
  • Safety Pen Needles

By Length

  • 4mm
  • 5mm
  • 6mm
  • 8mm
  • 10mm
  • 12mm

By usability

  • Reusable Pen Needles
  • Disposable Pen Needles

By Application

  • Diabetes
  • Growth Hormone Deficiency
  • Others

By Therapy

  • Insulin Therapy
  • Glucagon-Like Peptide-1 (GLP-1) Therapy
  • Growth Hormone Therapy
  • Other Therapies

By Mode of Purchase

  • Retail
  • Non-Retail

By End-User

  • Hospitals
  • Clinics
  • OTC
  • Home Healthcare
  • Others

Key Developments in the Market:

  • In September 2017, BD launched ultimate 6mm pen needle for injection pens. BD provides healthcare professionals with an extra BD quality and reliability needle length choice to provide a wider range of needle sizes for individuals with diabetes who injects insulin. By launching this product BD ensured that it has comprehensive portfolio for patients.
  • In January 2016, The Ypsomed Group partnered with Tonghua Dongbao Pharmaceutical Co., Ltd. The Ypsomed Group will establish their pen needle market in Chinese market with the help of Tonghua Dongbao Pharmaceutical Co., Ltd.

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Competitive Analysis:

Global pen needles market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pen needles market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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About Data Bridge Market Research 13983 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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