Injection Pen Market: Introduction According to the report, the global injection pen market was valued at US$ 3.2 Bn in 2019. It is projected to expand at a moderate CAGR from 2020 to 2030. Injection pen device is used to deliver medicines for various indications, which makes the administration easier for patients. Major advantages include ready to use feature, accuracy, convenience, and ease of administration to patients. Switching from traditional vial & syringes to injection pens has brought about major satisfaction in patients, physicians, and nurses. Injection pen devices contain a reservoir and cartridge, which is either disposable or reusable. Disposable injection pen offers multiple doses to patients and incur chances of infections in patients. Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=46446 The global injection pen market is driven by the rise in prevalence of diabetes across the globe. Furthermore, an increase in use of injection pens for growth hormone therapy is estimated to boost the global market. The prescription of growth hormone injection treatment for children diagnosed with deficiency of growth hormone, turner syndrome, and other conditions has increased, which is expected to boost the injection pen market during the forecast period. The pediatric endocrine society published new guidelines for use of growth hormone for indications with growth hormone deficiency, idiopathic short stature ( ISS), and IGF-I deficiency in pediatric patients. This demand is estimated to drive the injection pen market during the forecast period. North America dominated the global injection pen market in 2019, followed by Europe and Asia Pacific. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period. North America’s dominance can be ascribed to technological advancements, launch of injection pens, rising patient burden of diabetes, need of injection pens as a growth hormone therapy, and their usage in autoimmune diseases and other chronic diseases in delivering medications. Request for Analysis of COVID-19 Impact on Injection Pen Market https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=46446 Rise in Prevalence of Diabetes to Drive Global Market The increase in cases of diabetes leading to a rise in patient burden is estimated to propel the injection pen market. The prevalence of diabetes across the globe was estimated to be around 463 million in 2019. It is expected to affect around 700 million by 2045. The rate of prevalence of diabetes is projected to reach 51% by 2045. The number of diabetic patients is likely to rise at a rapid pace, thereby fueling the demand for insulin pens. Prominent players such as Eli Lilly and Company, Novo Nordisk, Owen Mumford, Haselmeier, and Gerresheimer AG who are introducing insulin pens for the treatment of diabetic indication are estimated to propel the injection pen market during the forecast period. Insulin pens are likely to cause lesser complications as compared to other vial and syringe techniques, and enable patients to adhere to the product as per convenience and usage. Insulin pen devices improve patient satisfaction, offer superior accuracy, and efficient delivery of smaller doses of insulin. This is expected to propel the injection pen market. Injection Pen Market: Prominent Regions