Latest Industry study on Contract Research Organizations , Industry Global Pen Needles Market Forecast Report 2018

Global Pen Needles Market Analysis and Forecasts to 2025 -2013 By Type (Standard
and Safety), By Length (4mm, 5mm, 6mm, 8mm, 10mm and 12mm), By End User
(Hospitals, Clinics, & Ambulatory Centers and Patients), and By Geography (North
America, Europe, Asia Pacific, Latin America and Middle East & Africa)
The report provides forecast and analysis of the global pen needles market. It provides
market overview of global pen needles market of in terms of revenue (in US$ Mn).
Furthermore, the report includes drivers, restraints, trends and opportunity of the pen
needles market and their impact on each country during the forecast period.
Pen Needles are the needles of insulin injection pens. Insulin pens & pen needles are widely
used by Diabetes population across the globe. Insulin pen needles are to be disposed after
use. These pen needles are available in various lengths and gauge sizes for various
population groups. In the recent years, pen needles are replacing the insulin syringes owing
to their ease of use.
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The Pen needles market has been witnessing significant growth over the past few years
owing to rise in diabetic population, increasing awareness on advantages of pen needles,
availability of reimbursement in western countries, and growing geriatric population. In
addition, mandates and regulations for the usage of safety pen needles in US and European
countries is expected to bolster the market growth in the coming years. Furthermore,
increasing interest of key players in the development of shorter needles for low cost is
expected to offer significant growth opportunities during next few years. However, re-use of
same pen needle in low-income countries and rising number of needle stick injuries are
expected to restraint the market growth during the forecast period.
The -201cGlobal Pen Needles Market Analysis and Forecasts to 2025-201d can be
segmented into type, length, end user, and region. Based on the type, the market can be
categorized as safety and standard pen needles. The standard pen needles are the needles
with no safety tip of automatic needle disposal mechanism. These are the needles with
higher penetration in the market. However, the market for safety pen needles is expected to
witness a steep growth rate in during the forecast period, owing to mandates & regulations
for the use of safety needles in hospitals in Europe & US and rise in number of needlestick
injures across the globe.
Top Players:-
 Novo Nordisk,
 Ypsomed Holding AG,