Global Pen Needles Market Growth 2023-2029

Global Pen Needles Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Pen Needles Industry Forecast” looks at past sales and reviews total world Pen Needles sales in 2022, providing a comprehensive analysis by region and market sector of projected Pen Needles sales for 2023 through 2029. With Pen Needles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pen Needles industry.

This Insight Report provides a comprehensive analysis of the global Pen Needles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pen Needles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pen Needles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pen Needles and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pen Needles.

The global Pen Needles market size is projected to grow from US$ 1801.9 million in 2022 to US$ 2532 million in 2029; it is expected to grow at a CAGR of 2532 from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Pen Needles market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Standard Pen Needles

Safety Pen Needles

Segmentation by application

Home Use

Medical Institutions

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

BD

Novo Nordisk

Artsana

B. Braun

Terumo

Ypsomed

Owen Mumford

HTL-Strefa

Beipu

Kangdelai

Ulticare

Allison Medical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pen Needles market?

What factors are driving Pen Needles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pen Needles market opportunities vary by end market size?

How does Pen Needles break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.