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Standard pen needles segment accounted for the largest share of the global market in 2016, due to increase in diabetic population and availability of cost effective standard pen needles. Reusable and disposable pen needles segment accounted for almost equal share with reusable having slightly higher market share in 2016. U. S. dominated the global market and will continue to dominate during forecast period due to high demand for technologically advanced devices and availability of better health infrastructure. 4mm needle length segment is expected to witness highest growth rate during forecast period due to its short length. Insulin therapy segment dominated the global market in 2016, owing to increasedpreferencefor self-administration of insulin. UK and Germany dominated the European market due to EU’ s regulatory framework to minimized needle related injuries and to increase in preference of self-administrative methods.
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Pen needle market is segmented on following basis: By Type:
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Safety Pen Needles Standard Pen Needles
By Needle Length:
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12mm 10mm 8mm 6mm 5mm