The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Novo Nordisk A/S, Becton, Dickinson and Company, TERUMO CORPORATION, Owen Mumford Ltd., Ypsomed, B. Braun Melsungen AG, HTL-STREFA, UltiMed, Inc., Allison Medical, Inc., and ArtsanaS.p.a. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Global Pen Needles Market is expected to exceed more than US$ 4.0 Billion by 2025 at a CAGR of 13% in the given forecast period.
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The Global Pen Needles Market is segmented on the lines of its product, length, therapy and regional. Based on product segmentation it covers standard pen needles, safety pen needles. Based on length segmentation it covers 4mm, 5mm, 6mm, 8mm, 10mm, 12mm. Based on therapy segmentation it covers insulin, glucagon-like-peptide-1 (GLP-1), growth hormone. The Global Pen Needles Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
The scope of the report includes a detailed study of global and regional markets on Global Pen Needles Market with the reasons given for variations in the growth of the industry in certain regions.
The quick growth and development have provoked the improvements in pen needles with an aim to reduce the pain, give comfort, and overall to lessen the needle used injuries. These devices are advanced devices and best in class and give a superior optional delivery method in contrast with syringes and vials. Patients with diabetes normally utilize injectable pen devices, which helps in simple medication delivery. Obesity is a one of the reason for diabetes. Obese individuals frequently experience the ill effects of sort 2 diabetes, which makes them one of the most elevated income supporters of the target market. So people with type 2 diabetics are more or less the target patients who use most of the companies producing pen needles.
The restraining factors of Global Pen Needles Market are as follows:
- Accessibility of alternative drug delivery methods
- Repayment structure is poor in developing countries
- Needle Anxiety
- Pen needles is reused
- Switching From Conventional Devices to Advanced Devices are resisted
The major driving factors of Global Pen Needles Market are as follows:
- Increase number of diabetic population
- New technologically advanced products developments
- Create Pen Needle Awareness through Conferences, Meetings, and Congresses
- Growing occurrence of needle stick injuries
The Global Pen Needles Market has been segmented as below:
The Global Pen Needles Market is Segmented on the lines of Product Analysis, Length Analysis, Therapy Analysis and Regional Analysis. By Product Analysis this market is segmented on the basis of Standard Pen Needles and Safety Pen Needles. By Length Analysis this market is segmented on the basis of 4mm, 5mm, 6mm, 8mm, 10mm and 12mm.
By Therapy Analysis this market is segmented on the basis of Insulin, Glucagon-like-Peptide-1 (GLP-1) and Growth Hormone. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
This report provides:
1) An overview of the global market for Global Pen Needles Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2025.
3) Identifications of new market opportunities and targeted promotional plans for Global Pen Needles Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
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Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Pen Needles Market, By Type
8 Pen Needles Market, By Needle Length
9 Pen Needles Market, By Therapy
10 Pen Needles Market, By Mode of Purchase
11 Pen Needles Market, By Region
12 Pen Needle Distributor List
13 Competitive Landscape
13.2 Market Share Analysis
13.2.2 Becton, Dickinson & Co.
13.2.3 Novo Nordisk A/S
13.2.4 Ypsomed Holding AG
13.3 Competitive Situation and Trends
13.3.1 Marketing and Promotion
13.3.3 Product Launch
14 Company Profiles
14.2 Becton, Dickinson and Company
14.3 Novo Nordisk A/S
14.4 Ypsomed Holding AG
14.5 Owen Mumford, Ltd.
14.6 HTL-Strefa S.A.
14.7 B. Braun Melsungen
14.8 Terumo Corporation
14.9 Ultimed, Inc. (LDI, Ltd.)
14.10 Allison Medical, Inc.
14.11 Artsana S.P.A.
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