Latest Industry study on Contract Research Organizations , Industry Pen Needles Market Reviewed with 2025 Opportunitie
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 market based on length can be segmented into 4mm, 5m, 6mm, 8mm, and 10mm &
12mm. Pen needles are available in various sizes to meet the requirements of patients from
different regions and races. 6mm needles contribute to larger share of the market, owing to
high efficiency of these needles to deliver the insulin into the sub-cutaneous layer. Smaller
length pen needles that cause less pain while injecting are expected to witness a significant
growth rate in the coming years. Many large and small manufacturers in the market are
aiming to develop 4mm & 5mm pen needles and such developments are further expected
to bolster the demand for these shorter needles in the coming years.
Based on end user, the market can be segmented as, hospitals, clinics, & ambulatory centers
and patients. Pen needles are highly used by patients to self-administer the insulin. Rise in
number of diabetes cases across the globe and ease of insulin administration using insulin
pens is expected to boost the demand for pen needles from patients in the coming years.
However, the demand for safety pen needles from hospitals, clinics, & ambulatory centers is
expected to rise during the forecast period, owing to regulations to decrease the
needlestick injuries.
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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.
Top Players:-
Novo Nordisk
Ypsomed Holding AG
B. Braun Melsungen AG
HTL-Strefa S.A.