Market Research Reports- Consulting Analysis Crystal Market Research Pen Needle Market

Pen Needle Market Size Is Projected To Be
Around $4.9 Billion By 2025
A research study titled, “Pen Needle Market by Type, Needle Length, Therapy and Mode of
Purchase - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research,
states that the pen needle market is projected to be around $4.9 billion by 2025.
Diabetes is one of the most occurring chronic diseases characterized by either incapability of pancreas to
produce glucose or incapability of body to absorb glucose produced by pancreas. According to survey
conducted by International Diabetic Federation (IDF) in 2015, around 415 million are living with diabetes
with proportion of type-2 diabetics increasing globally. Largenumber of people aged 40 to 59 suffer from
diabetes and related complications. Diabetic people have high risk of developing several complications
(such as vascular disorders, kidney malfunctioning besides affecting eyes, nerves and teeth) due to high
glucose level. Diabetes has long term impact on health and economic condition of individual. Over a
period of time, diabetes affect kidney, damages heart vessels, and eyes, leading to malfunctioning of
body. Besides, people with diabetes are likely to incur huge expenditure causing financial burdens on
them and family members. There are many methods to inject insulin in body such as through syringes and
pen needles. Withseveral risks (such as sharp injuries or rapture of blood vessels) associated with the use
of syringes; the demand for insulin syringes is expected to decline in near future. However, this will
provide ample growth opportunities for the pen needle market.
Browse full research report with TOC on “Pen Needle Market by Type, Needle Length, Therapy
and Mode of Purchase - Global Industry Analysis and Forecast to 2025” at:
http://www.crystalmarketresearch.com/report/pen-needle-market
Standard pen needles segment dominated the global market in 2016, due to growing awareness among
consumers about the availability of safe insulin delivery methods, increasing prevalence of diabetes with