Global Pen Needles Market Research Report 2023(Status and Outlook)
Report Overview
Pen needles are used in conjunction with injection pens to deliver injectable medications into the body. Pen needles come in a variety of needle lengths and diameters and are used by both health professionals and patients for injection of a variety of medications.
Global Pen Needles key players include BD, Novo Nordisk, Artsana, B. Braun, Terumo, etc. Global top five players hold a share about 75%.
North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific, having a total share about 50 percent.
In terms of product, Standard Pen Needles is the largest segment, with a share about 95%. And in terms of application, the largest application is Home Use, followed by Medical Institutions, etc.
The Global Pen Needles Market Size was estimated at USD 1757.00 million in 2022 and is projected to reach USD 2439.50 million by 2029, exhibiting a CAGR of 0.05 during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Pen Needles market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Pen Needles Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Pen Needles market in any manner.
Global Pen Needles Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BD
Novo Nordisk
Artsana
B. Braun
Terumo
Ypsomed
Owen Mumford
HTL-Strefa
Beipu
Kangdelai
Ulticare
Allison Medical
Market Segmentation (by Type)
Standard Pen Needles
Safety Pen Needles
Market Segmentation (by Application)
Working Vessel
Transport Vessel
Military Vessel
Pleasure Boats/Water Sports
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Pen Needles Market
Overview of the regional outlook of the Pen Needles Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors