Asia-Pacific Injection Pen Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Disposable Injection Pens and Reusable Injection Pens), Therapy (Diabetes, Growth Hormone Therapy, Autoimmune Diseases, Fertility, Cancer, and Others Therapy), and End User (Hospitals and Clinics, Home Care, and Others)
The Asia-Pacific injection pen market is expected to grow from US$ 11,116.23 million in 2022 to US$ 17,161.96 million by 2028. It is estimated to register a CAGR of 7.5% from 2022 to 2028.
Technological Advancements and Healthcare Waste Reduction in Asia-Pacific Injection Pen Market
There has been a notable growth in the use of injection pens to treat various chronic disorders such as cancer, diabetes, cardiovascular disorders, and multiple sclerosis. The increase in home healthcare has further propelled the demand for injection pens. This has boosted the technological advancements in injection pens. Manufacturers are focused on developing the next-generation smart insulin pen to deliver metered insulin dosage. For instance, Medtronic plc launched InPen integrated with real-time Guardian Connect CGM data. InPen is the first and only FDA-cleared smart insulin pen in the market for people on multiple daily injections (MDI). This integrated system provides real-time glucose readings alongside insulin dose information, giving users everything they need to manage their diabetes. Rather than switching between apps, users can see all the required information in real-time in one view, making it easier to make smarter dosing decisions to manage their sugar levels. Furthermore, using artificial intelligence will be the game changer, as it will keep track of doses, dates, and timing of drugs or insulin, which will be beneficial in the long term and helpful for the treatment and management of various conditions. Conventional syringes used to deliver insulin and other injectables can be painful and uncomfortable for the patient daily, and they also generate a huge quantity of healthcare waste. Approximately 73% of insulin waste is associated with the use of conventional technology. With the use of injection pens, this waste is reduced to 3.6%, making a huge difference. Therefore, technological advancements and a rise in demand for the reduction of healthcare wastage are among the trends expected to propel the growth of the injection pen market in the coming years.
Asia-Pacific Injection Pen Market Overview
The Asia Pacific injection pen market is segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific. China held the largest share of the market in 2021, and India is expected to exhibit a significant growth rate in the market. The market growth in these countries is attributed to the advancements in the treatment of diabetes. Moreover, the Chinese Diabetes Society has taken the lead in insulin injection education in the past decade to treat diabetes. Therefore, with the high awareness of injection pens and the usability of needle injections intended for the diabetic population in China, the market for injection pens will grow in the near future.
Asia-Pacific Injection Pen Market Revenue and Forecast to 2028 (US$ Million)
Asia-Pacific Injection Pen Market Segmentation
The Asia-Pacific injection pen market is segmented on the basis of type, therapy, end user, and country. Based on type, the injection pen market is segmented into disposable injection pens and reusable injection pens. The disposable injection pens segment registered a larger market share in 2022.
Based on therapy, the Asia-Pacific injection pen market is segmented into diabetes therapy, growth hormone therapy, autoimmune diseases therapy, fertility therapy, cancer therapy, and others. The diabetes therapy segment registered the largest market share in 2022.
Based on end user, the Asia-Pacific injection pen market is segmented into hospitals & clinics, home care, and others. The home care segment registered the largest market share in 2022.
Based on country, the Asia-Pacific injection pen market is segmented into China, Japan, India, Australia, South Korea, and the Rest of APAC. The US dominated the market in 2022.
AstraZeneca Plc, Becton Dickinson and Co, Eli Lilly, and Co, Gerresheimer AG, Haselmeier GmbH, Merck KGaA, Novo Nordisk AS, Owen Mumford Ltd, Sanofi SA, and Teva Pharmaceutical Industries Ltd are among the leading companies operating in the Asia-Pacific injection pen market.
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Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the injection pen market, as well as those hindering it
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- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Asia-Pacific Injection Pen Market – by Type
- 1.3.2 Asia-Pacific Injection Pen Market – by Therapy
- 1.3.3 Asia-Pacific Injection Pen Market – by End User
- 1.3.4 Asia-Pacific Injection Pen Market – by Country
- 2. Asia-Pacific Injection Pen Market – Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Asia-Pacific Injection Pen Market – Market Landscape
- 4.1 Overview
- 4.2 Asia-Pacific PEST Analysis
- 4.3 Expert’s Opinion
- 5. Asia-Pacific Injection Pen Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Rising Prevalence of Chronic Disorders
- 5.1.2 Increase in Strategic Developments
- 5.2 Market Restraints
- 5.2.1 Presence of Alternative Drug Delivery Devices and Inadequate Reimbursement Scenario
- 5.3 Market Opportunities
- 5.3.1 Increase in Biologics Patent Expiry and Use of Biosimilars
- 5.4 Future Trends
- 5.4.1 Technological Advancements and Healthcare Waste Reduction
- 5.5 Impact Analysis
- 6. Injection Pen Market – Asia-Pacific Analysis
- 6.1 Asia-Pacific Injection Pen Market Revenue Forecast and Analysis
- 7. Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 – by Type
- 7.1 Overview
- 7.2 Asia-Pacific Injection Pen Market Revenue Share, by Type 2021 & 2028 (%)
- 7.3 Disposable Injection Pens
- 7.3.1 Overview
- 7.3.2 Disposable Injection Pens: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 7.4 Reusable Injection Pens
- 7.4.1 Overview
- 7.4.2 Reusable Injection Pens: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 8. Asia-Pacific Injection Pen Market Analysis and Forecast to 2028 – by Therapy
- 8.1 Overview
- 8.2 Asia-Pacific Injection Pen Market, by Therapy 2021 & 2028 (%)
- 8.3 Diabetes Therapy
- 8.3.1 Overview
- 8.3.2 Diabetes Therapy: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 8.4 Growth Hormone Therapy
- 8.4.1 Overview
- 8.4.2 Growth Hormone Therapy: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 8.5 Autoimmune Diseases Therapy
- 8.5.1 Overview
- 8.5.2 Autoimmune Diseases Therapy: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 8.6 Fertility Therapy
- 8.6.1 Overview
- 8.6.2 Fertility Therapy: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 8.7 Cancer Therapy
- 8.7.1 Overview
- 8.7.2 Cancer Therapy: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 8.8 Other Therapies
- 8.8.1 Overview
- 8.8.2 Other Therapies: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 9. Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 – by End User
- 9.1 Overview
- 9.2 Asia-Pacific Injection Pen Market Revenue Share, by End User 2021 & 2028 (%)
- 9.3 Home Care
- 9.3.1 Overview
- 9.3.2 Home Care: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 9.4 Hospitals & Clinics
- 9.4.1 Overview
- 9.4.2 Hospitals & Clinics: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 9.5 Others
- 9.5.1 Overview
- 9.5.2 Others: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10. Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 – Country Analysis
- 10.1 Overview
- 10.1.1 Asia Pacific: Injection Pen Market, by Country, 2021 & 2028 (%)
- 10.1.1.1 China: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.1 Overview
- 10.1.1.1.2 China: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.1.3 China: Injection Pen Market, by Type, 2019–2028 (US$ Million)
- 10.1.1.1.4 China: Injection Pen Market, by Therapy, 2019–2028 (US$ Million)
- 10.1.1.1.5 China Injection Pen Market, by End User, 2019–2028 (US$ Million)
- 10.1.1.2 Japan: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.1 Overview
- 10.1.1.2.2 Japan: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.2.3 Japan: Injection Pen Market, by Type, 2019–2028 (US$ Million)
- 10.1.1.2.4 Japan: Injection Pen Market, by Therapy, 2019–2028 (US$ Million)
- 10.1.1.2.5 Japan: Injection Pen Market, by End User, 2019–2028 (US$ Million)
- 10.1.1.3 India: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.1 Overview
- 10.1.1.3.2 India: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.3.3 India: Injection Pen Market, by Type, 2019–2028 (US$ Million)
- 10.1.1.3.4 India: Injection Pen Market, by Therapy, 2019–2028 (US$ Million)
- 10.1.1.3.5 India: Injection Pen Market, by End User, 2019–2028 (US$ Million)
- 10.1.1.4 South Korea: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.1 Overview
- 10.1.1.4.2 South Korea: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.4.3 South Korea: Injection Pen Market, by Type, 2019–2028 (US$ Million)
- 10.1.1.4.4 South Korea: Injection Pen Market, by Therapy, 2019–2028 (US$ Million)
- 10.1.1.4.5 South Korea: Injection Pen Market, by End User, 2019–2028 (US$ Million)
- 10.1.1.5 Australia: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.5.1 Overview
- 10.1.1.5.2 Australia: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.5.3 Australia: Injection Pen Market, by Type, 2019–2028 (US$ Million)
- 10.1.1.5.4 Australia: Injection Pen Market, by Therapy, 2019–2028 (US$ Million)
- 10.1.1.5.5 Australia: Injection Pen Market, by End User, 2019–2028 (US$ Million)
- 10.1.1.6 Rest of Asia Pacific: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.1 Overview
- 10.1.1.6.2 Rest of Asia Pacific: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- 10.1.1.6.3 Rest of Asia Pacific: Injection Pen Market, by Type, 2019–2028 (US$ Million)
- 10.1.1.6.4 Rest of Asia Pacific: Injection Pen Market, by Therapy, 2019–2028 (US$ Million)
- 10.1.1.6.5 Rest of Asia Pacific: Injection Pen Market, by End User, 2019–2028 (US$ Million)
- 11. Asia-Pacific Injection Pen Market – Industry Landscape
- 11.1 Overview
- 11.2 Inorganic Growth Strategies
- 11.2.1 Overview
- 11.3 Organic Growth Strategies
- 11.3.1 Overview
- 12. Company Profiles
- 12.1 Eli Lilly and Co
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Novo Nordisk AS
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Owen Mumford Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Sanofi SA
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Merck KGaA
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Haselmeier GmbH
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Gerresheimer AG
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Becton Dickinson and Co
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 AstraZeneca Plc
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Teva Pharmaceutical Industries Ltd
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary of Terms
- LIST OF TABLES
- Table 1. Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Table 2. China Injection Pen Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 3. China Injection Pen Market, by Therapy – Revenue and Forecast to 2028 (US$ Million)
- Table 4. China Injection Pen Market, by End User – Revenue and Forecast to 2028 (US$ Million)
- Table 5. Japan Injection Pen Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 6. Japan Injection Pen Market, by Therapy – Revenue and Forecast to 2028 (US$ Million)
- Table 7. Japan Injection Pen Market, by End User – Revenue and Forecast to 2028 (US$ Million)
- Table 8. India Injection Pen Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 9. India Injection Pen Market, by Therapy – Revenue and Forecast to 2028 (US$ Million)
- Table 10. India Injection Pen Market, by End User – Revenue and Forecast to 2028 (US$ Million)
- Table 11. South Korea Injection Pen Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 12. South Korea Injection Pen Market, by Therapy – Revenue and Forecast to 2028 (US$ Million)
- Table 13. South Korea Injection Pen Market, by End User – Revenue and Forecast to 2028 (US$ Million)
- Table 14. Australia Injection Pen Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 15. Australia Injection Pen Market, by Therapy – Revenue and Forecast to 2028 (US$ Million)
- Table 16. Australia Injection Pen Market, by End User – Revenue and Forecast to 2028 (US$ Million)
- Table 17. Rest of Asia Pacific Injection Pen Market, by Type – Revenue and Forecast to 2028 (US$ Million)
- Table 18. Rest of Asia Pacific Injection Pen Market, by Therapy – Revenue and Forecast to 2028 (US$ Million)
- Table 19. Rest of Asia Pacific Injection Pen Market, by End User – Revenue and Forecast to 2028 (US$ Million)
- Table 20. Recent Inorganic Growth Strategies in the Injection Pen Market
- Table 21. Recent Organic Growth Strategies in the Injection Pen Market
- Table 22. Glossary of Terms
- LIST OF FIGURES
- Figure 1. Asia-Pacific Injection Pen Market Segmentation
- Figure 2. Asia-Pacific Injection Pen Market, by Country
- Figure 3. Asia-Pacific Injection Pen Market Overview
- Figure 4. Asia-Pacific Injection Pen Market, by Type
- Figure 5. Asia-Pacific Injection Pen Market, by Country
- Figure 6. Asia Pacific: PEST Analysis
- Figure 7. Experts’ Opinion
- Figure 8. Asia-Pacific Injection Pen Market: Impact Analysis of Drivers and Restraints
- Figure 9. Asia-Pacific Injection Pen Market – Revenue Forecast and Analysis – 2020–2028
- Figure 10. Asia-Pacific Injection Pen Market Revenue Share, by Type 2021 & 2028 (%)
- Figure 11. Disposable Injection Pens: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 12. Reusable Injection Pens: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 13. Asia-Pacific Injection Pen Market, by Therapy 2021 & 2028 (%)
- Figure 14. Diabetes Therapy: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 15. Growth Hormone Therapy: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Autoimmune Diseases Therapy: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Fertility Therapy: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Cancer Therapy: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 19. Other Therapies: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Asia-Pacific Injection Pen Market Revenue Share, by End User 2021 & 2028 (%)
- Figure 21. Home Care: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Hospitals & Clinics: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Others: Asia-Pacific Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Asia Pacific: Injection Pen Market, by Key Country – Revenue (2021) (US$ Million)
- Figure 25. China: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 26. Japan: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 27. India: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 28. South Korea: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 29. Australia: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Rest of Asia Pacific: Injection Pen Market – Revenue and Forecast to 2028 (US$ Million)
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